Exclusive $500 Scholarships with 2024 Deadlines
The Best $500 Scholarships with Upcoming Deadlines
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As you apply for $500 scholarships to fund your college education, remember that every penny counts! In your scholarship search, you may feel inclined to only select those that are worth thousands and thousands of dollars. While these scholarships have a higher financial reward, they are also more likely to be competitive and to have many applicants. Consequently, the odds of becoming one of the few scholarship winners to receive an expensive scholarship are much lower.
If you are one of the many high school students, college students, or graduate students hoping to pursue higher education with the help of a scholarship award, it can be beneficial to apply for scholarships that are $500. Oftentimes, smaller scholarships are less competitive, but they can still be of major help to students dealing with the financial burden of college tuition.
Are There $500 Scholarships?
There are just as many scholarships worth $500 as there are others. For instance, if you simply complete the process of creating a Bold.org profile, a completely free account, you can gain access to many $500 scholarships in addition to larger awards.
Furthermore, these scholarship opportunities are available to students of all different demographics, so you may even find a $500 scholarship with an even smaller applicant pool. Ultimately, whether it is an expensive scholarship or a less expensive one, there is a scholarship out there for every student who wants to go to college.
How to Get $500 Scholarships
The application process varies between scholarships, so be sure to read the description thoroughly before beginning to apply. A scholarship will oftentimes have specific eligibility requirements that all those who apply must meet. For instance, a scholarship may have citizenship requirements or it may require applicants to attend a specific college.
Once you have confirmed that you are eligible to apply, you must complete the application process. The process varies between scholarships but instructions will always be in the description.
Since $500 scholarships are worth a smaller amount of money, they may have an easier application process than larger scholarships. Some scholarships may even choose a winner based on a random drawing or lottery process. If you are selected as the winner, you will be contacted directly about your scholarship money.
Bold.org has many $500 scholarships for high school students, college undergraduates, graduates, and more.
How Do I Know if I'm Eligible for a Scholarship?
Scholarship eligibility varies from scholarship to scholarship. Whatever the case, be sure to read the scholarship description to ensure that you are qualified to apply. On Bold.org, our eligibility requirements are listed on the scholarship so that you are immediately aware of the requirements and whether or not you ar eligible to apply.
Check out additional resources on our Scholarship Blog to learn more information about eligibility criteria and scholarship opportunites.
High school seniors and college students are encouraged to apply for scholarships to minimize college costs. Apply today to reduce your college tuition!
Frequently Asked Questions
There is no specific date when you must start applying for scholarships, but the Federal Student Aid Office recommends that students begin to look for scholarships the summer before their senior year of high school. As soon as you're in high school and at least fourteen years old, you'll have the option to start applying.
The scholarship application process will vary between scholarships. In order to know what steps you have to take to apply, carefully read the scholarship description. Often, you'll have to write a short essay or attach another submission, such as a video or art file, to apply.
In general, scholarships are not counted as income. However, there are some specific requirements that a scholarship must meet for this to be the case. Check out additional resources like the IRS page on scholarships to check on the status of your scholarship.