Full-tuition scholarships are the holy grail of college scholarships, awards that can cover most college costs for four years. These scholarships typically include tuition, room and board, textbooks, school supplies, and sometimes even living expenses and study abroad fees. However, it's important to note that full-tuition scholarships may not offer help with room and board, living costs, or travel expenses. Tuition is often the single biggest expense your student will face, so it's certainly something to smile about if you can secure a full scholarship.
Details may change from scholarship to scholarship, but in essence, the entire trip covers more than just tuition. There is no fixed equation for how much a full scholarship will cover, but it generally covers tuition, housing, meals, fees, and any other costs students may face to attend college. This means that scholarship recipients do not have a significant advantage over non-scholarship recipients when it comes to accumulating student debt for students from high-income households. Doing a little research on which institutions offer full or full tuition scholarships is a smart way to strategize in the effort to find money for college.
However, families should never count on students winning these elite awards. Other stipulations may also include what the student needs to do after graduating from college, as some full and full tuition scholarships come with a commitment to work for a specific number of years. For example, the Air Force ROTC Scholarship provides full funding for college tuition and authorized fees at any public or private institution with an Air Force ROTC detachment. The Trustee Scholarship requires exceptional academic credentials, leadership and extracurricular activities, an application to study at Boston University by December 1st, and a 600-word essay.
The Hyundai Scholarship only serves Master's degree students at George Washington University. The Dean's Honors Scholarship covers all of a student's tuition costs but doesn't cover the full cost of attending college. Similarly, an athletic scholarship for the institution requires the student to meet certain performance standards both on and off the field. Recipients of this scholarship also have access to generous funding for up to three summer experiences, funding for conferences throughout the academic year and two semesters of study abroad. Ultimately, these scholarships are useful when planning for the future, allowing you to expand your options, weigh your costs, and ultimately pursue your passions with less financial inhibition.
Although scholarship offers abound, the costs of completing a college degree tend to intimidate prospective students from pursuing higher education. This is why it's important to research all available options and find out which ones best suit your needs. For example, the one-year Hyundai Scholarship only serves Master's degree students at George Washington University. This is why it's important to research all available options and find out which ones best suit your needs.
