Forty million Americans collectively owe $1.2 trillion in student loan debt1. WOW! When you take a moment to think about it, it isn’t surprising with the increasing cost of tuition, supplies, textbooks, and living expenses.
One of the biggest regrets that you may have after graduating college is that you didn’t apply for enough (or any) scholarships. Unfortunately, you may be one of many students realizing how much free money is out there now that it’s too late.
You can perform a quick Google search and find many websites listing available scholarships for virtually any course of study and for everyone from single moms to grandchildren of Vietnam veterans. A great one to start with is Scholarships.com. The great thing about scholarships is that you don’t have to pay them back – no monthly payments, no fees, no interest. It’s “free” money!
If you haven’t settled on a college major, check out the blog article “An Industry Full of Opportunity”. There’s an ever-growing need for a wide variety of skills within this diverse industry and you might be surprised to learn there’s much more to it than “number crunching.”
Not only is a career in the insurance industry rewarding, there are also a great deal of scholarship opportunities available if you are looking to jump into this course of study! Here are a few websites to check out:
You can also check with your local insurance agent or carrier who may offer scholarships in your area.
Applying for scholarships does take time and effort, but it ultimately pays off in the end. Thanks to several insurance scholarships, I was able to drastically decrease my college costs, focus on my academics, and gain valuable experiences.
Have you been the recipient of a scholarship? Please share how it benefited you!
1Consumer Financial Protection Bureau