Many applicants to the most selective university programs share high grades, high test scores, solid recommendations and generous doses of community service and volunteer activities. Yet, if they want to set themselves apart from the pool of exceptional students, a significant research experience in STEM or the social sciences helps.
“Neither a borrower nor a lender be;
For loan oft loses both itself and friend,
And borrowing dulls the edge of husbandry”-Polonius, Hamlet I, iii
To pay for college, most students have to borrow. In 2012, the average student graduated with over $26,000 of debt. That would buy a 2014 Subaru Forester sport utility 2.5i and still leave enough money to tour the Rockies for a month. All told, total college debt amounts to over a trillion dollars, and it is relentlessly rising.
There’s something almost magical about hunting for scholarships. When you find scholarship listings and start adding up the numbers, it evokes the feeling of winning the lottery: $10,000 for writing an Isaac Newton essay or $2,500 for listing community service projects. It’s all very alluring, but don’t let the potential sums distract you from the realities of gaining scholarships. Playing the scholarship game requires a plan, a bit of self-knowledge, and a firm grasp of reality.
