Scholarships - a goldmine?

Scholarships - a goldmine?

Scholarships are said to be a goldmine to be explored by those looking for financing for study, research, projects, medical care or for assistance in times of financial need. Many feel, however, that the effort of finding and applying for scholarships is an almost insurmountable barrier. What is true and false? Is it a myth that there are large amounts of money just waiting for someone to claim it? The answers to these questions are not entirely obvious. One thing that is certain is the fact that foundations in many countries have large fortunes and that money is not used fully to the extent that the founders intended.

For those who plan far in advance and are willing to spend some time and work on finding the right scholarships there is quite a lot of money to be found. For those who need a scholarship by next week or within three months for a very specific purpose the possibilities are much more limited. In such case you need a fair amount of luck. There could perhaps be a matching scholarship which happens to be available at just this point in time.

Great opportunities open up for creative people when it comes to scholarships. If you need money for renovating a country house then you should well in advance check out what possibilities there are. You don't necessarily need to find a foundation supporting renovation of such houses in particular. Maybe there is no such scholarship? Try to find other scholarships you may be eligible for. Maybe there are scholarships supporting something else in your town? If you study there might be something for this or there may be some scholarship within your profession. Money is money and can you find any scholarship you qualify for the you should go for it and apply.