Financial aid has been a reliable tool many students utilize in order to attend college. While aid has been an effective tool for many in the past, the future of its effectiveness is questionable. Congress has already made drastic cuts for aid available to those with an income of $23,000 to $32,000. This is only the first of many changes to come as congress debates on other ways in which to cut the financial aid budget.
Student loan debt is another major issue facing the United States economy and future college graduates. Some reports suggests students loan debt is greater than that of the entire mortgage debt in the U.S. It has also been reported that by the age of 60+, adults are still repaying their students loans.
With these times of economic uncertainty, it is imperative for current and future college students to be resourceful in how they obtain funds for attending college. Scholarships are an excellent method in which students can acquire college funding. A few perks of scholarships include they don't have to be repaid, they do not gain interest, there is no limit as to how many you may be awarded.
There a 2 disadvantages to scholarships. 1. the time required in locating scholarships. 2. the accuracy and legitimacy of scholarships you find at random websites on the Internet. Fortunately, there is a company that dedicates its services specifically to college students in order to make the scholarship searches a breeze. Scholarship-Scouts.com provides any student and/or future student with the easiest scholarship leads possible. Students are asked to answer a few questions on the simple application, submit the application, and check out on the "Store" page. Within 48 hours students will be provided with scholarship leads catered to their needs. The entire process requires only about 10 minutes; much faster than searching the Internet for hours. Visit scholarship-scouts.com and see for yourself.