January 26, 2007, Newsletter Issue #49: How to Pay for College

Tip of the Week

Congratulations! You (or your child) have been accepted to college. Now you just have to find out how to pay to make your dreams come true. Scholarships are a great way to supplement the rising cost of education.

A scholarship is a monetary award offered to a student who demonstrates certain characteristics. Scholarships can be awarded to students based on a variety of reasons, such as their scholastic achievements, area of study, athletic abilities, physical characteristics, hobbies, etc. No matter what your achievements, abilities, or interests are, there is probably a scholarship out there for you.

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Jerry Mayo