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by devNoise 2251 days ago
I'm on the fence about how scholarships should factor into the total cost of college. I feel like there is a decent amount of scholarship money freshmen year that disappears after that. So that the student ends up with a lot of student loans debt to finish school. It's all well and good that freshmen at an expensive college will be cheaper than some alternate school. Though is it really going to be cheaper overall? I don't think so and this is how lots of students end up with to much student debt.
2 comments

I studied engineering. There were a ton of scholaships available to any student. The financial aid office generally never finds out about except that the receive a check from some organization or company and are told to deposit in my account.

There are plenty of scholarships, just the communication about them is extremely poor. You have to get on every mailing list your university has, and constantly ask professors if they've heard about any scholarships.

Many of the scholarships I got were from companies or organizations that reached out directly to professors.

Good point. Is it a four-year scholarship, or a one-year scholarship, or a one-year-with-option-to-renew scholarship? If it's the last, how common is renewal? And, do you feel lucky?