At Scholarships 101 for NSPA in New Orleans: The Scholarship Lady, Mrs. Haynes, and Ms. Bates of the University of New Orleans Classic Upward Bound Program

A few weeks ago I was a speaker and participant at the National Scholarship Providers Conference in New Orleans.  I met scholarship judges, administrators and donors, guidance counselors, scholarship database company reps, and precollege advisors.  I’m still tired (yet inspired) from that week.

Over the next few weeks I’ll share what I learned (it’s too much for one post) but here’s a few quick pieces of scholarship advice:

(1) as scholarship providers allow online applications, the number of applications goes up (more competition) but the quality of applications, overall, seems to go down (less competition?)  Think about that when you apply online.  I’m guessing if you proofread one extra time and take greater care in answering the questions you will stand out.

(2) in scholarships that are based on hardships or challenges, your survival of the hardship is not the primary criteria on which you are judged it’s how you overcame the hardship and went on to thrive afterwards that is more compelling to a judge (at least the ones I talked to).

Right on the heels of meeting scholarship providers I was also a speaker at College Explosion, a half-day event that was held at Marquette University.  About 500 students attended and my session had 100 people.  Even though I was the speaker, I learned a lot from the audience:

(1) ask questions and press for answers until it makes sense to you.  If no one else in your family went to college, a lot of the terminology that people use could be difficult for you to comprehend.  It’s OKAY to ask people to explain, especially when a scholarship (f r e e money) is involved.

(2) it’s okay to share your private pain.  Some students approached me afterward with very personal issues about cancer, disabilities, etc. wondering if there are scholarships available related to those issues.  The answer is YES!  You can find them on national and local search engines or through word-of-mouth in your community.

More later…

Whew.  I’m tired.  I was in Indianapolis last week at the National Scholarship Providers Association where I gave two presentations:  “Scholarships 101 for Counselors” and “More Than Money:  Creating Value-Added Scholarship Programs.”  While I was on the agenda to share information from my book and from my consulting work I LEARNED so much from all of the other professionals there.   I had personal conversations with Mark Kantrowitz from www.Finaid.org, Kevin and Dan from www.scholarships.com, Mick and Dave from www.zinch.com, and dozens of other professionals.

Here is what you should know:

• The student loan market is volatile right now and several lenders have pulled out or created more stringent lending guidelines.  This will affect people with lower credit scores more than people with high credit scores.  Read a good explanation at www.finaid.org/creditcrisis and go to the bottom of the article for a real-world summary.
• The best scholarship search sites have strong relationships with funders and they actively recruit scholarship sponsors to post on their site, instead of relying on a generic database.  This is a lot of extra work for them but it provides better information for you the student.  Scholarships.com has done this.
• Getting colleges to understand the full background of a student is very difficult through a typical paper or online application.   Using photos, pdfs, audio or videos can provide colleges with a glimpse of the real you.  Through the online profile functions at www.zinch.com you can upload all of your details and then colleges (more than 600 of them) can check you out.  The bonus?  It’s free to you, with little-to-no ads, except ads for scholarships!

I learned much more that I will share in another post.  Good luck!

The Scholarship Lady