How Often Do You Need to Apply for Scholarship Programs?

Drawn on watch - ever wonder how often you should apply to scholarship programs?

When it comes to paying for college, every little bit counts. And scholarships can help more than just a little bit. So it begs the question: how often should you apply for scholarship programs?

The short answer is you should apply for scholarships as often as possible.

Consider these two features of scholarships:

Scholarships are the Best Way to Pay

Scholarships are a way to get free money towards your college education. When you get money through a scholarship you do not have to worry about accruing interest rates or how you are going to pay it back. You may have to put in the work to win the award but once you do, that money is yours.

Apply for as Many as You Can

There is no limit to the number of scholarships you can apply for. There is also no limit to the amount of award money you can win. This means you can apply to any and all scholarships that you qualify for.

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Scholarship Programs Take Time and Effort

However, there is a caveat to applying to too many scholarships. Looking for and applying to scholarship programs can take time. You do not want to spend all of your free time looking for opportunities and writing out unique essays for each. Use your time wisely. Factor in time spent on your school assignments, extracurricular activities, social life, and personal commitments and accordingly set aside some hours every week to scholarships.

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Rates (APR)	Eligibility
5.50%-16.12%* Variable 3.99%-15.61%* Fixed	Undergraduate and Graduate	VISIT CITIZENS
5.54% - 15.70% Variable 3.99% - 15.49% Fixed	Undergraduate and Graduate	VISIT SALLIE MAE
4.63% - 17.99% Variable 3.49% - 17.99% Fixed	Undergraduate and Graduate	VISIT CREDIBLE
6.00% - 13.75% Variable 3.99% - 13.75% Fixed	Undergraduate and Graduate	VISIT LENDKEY
5.66% - 14.72% Variable 3.69% - 14.56% Fixed	Undergraduate and Graduate	VISIT ASCENT
3.70% - 8.75% Fixed	Undergraduate and Graduate	VISIT ISL
5.62% - 16.85% Variable 3.69% - 16.49% Fixed	Undergraduate and Graduate	VISIT EARNEST
5.00% - 14.22% Variable 3.69% - 14.22% Fixed	Undergraduate and Graduate	VISIT ELFI

College Raptor is not a loan lender and does not assume responsibility for suggesting a loan to a user who may not be eligible for it. Rates, terms, conditions, eligibility, approval, and other considerations are the decisions of the lenders and may vary depending on which lender or marketplace the user selects. We urge users to carefully consider and review all loan options and terms before committing to taking out a loan.