Sunday, November 10, 2013

3:40 AM

Common Myths About Scholarships

1. Only academic stars win scholarships

It is a misconception that only top-ranking students get scholarships. Scholarships are not just awarded for academic merit but also for excelling in sports, the performing arts or for displaying an act of valour or courage. Some institutions also offer monetary support to students who are victims of war-crimes.

2. Heavy competition minimises my chances of winning a scholarship

It is true that competition is fierce but that does not mean your application is immediately rejected. The best option is to apply to all those scholarships whose eligibility requirements are met by you.

3. I am an academic star - I will easy secure a scholarship!

Remember the old saying ‘Pride goeth before a fall.’ Being a top-notch student helps but does not automatically ensure that you will win a coveted scholarship. Remember that there will be many other students who are academically better than you, who would have applied for the same scholarship. So remain humble and apply to all relevant scholarships.

4. Applying for a loan lessens my chances of securing a college scholarship

Parents often assume incorrectly that if their children get study loans, colleges will reduce any scholarship money that might have been awarded. Each institution has its own policy towards the disbursal of scholarships, so please remember to read all relevant information before applying for a specific scholarship. In most cases a bank loan does not impact the scholarship amount offered by an institution.

5. Scholarship applicants require exceptional talent

Try and be honest with yourself when it comes to your talent, skill or expertise which will dictate any scholarship you are applying to. While you may excel in a certain area within your small community or group of friends, you have to be excellent to compete with others from around the country/world. Whether or not you have doubts about your abilities, always practice and try to improve them.

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