Michael Klon, !
Certainly, it is significant. It gives you extra money which can be spent at whatever you want. Unless your financial state and credit score are good, you can find catalogues for bad credit. Such sources provide a lot of online shops where you can buy anything you want and recover you credit history.
Chelsea L. Dixon, M.S., M.A.T, Author. Speaker. CEO.
Scholarships are also known as “gift aid” and in most cases don’t need to be repaid unless you withdraw from college. Therefore, if you have an opportunity to apply for scholarship dollars, I would encourage you to do so; it’s free money.
In addition to what Carrie has said, you could also check with your local civic (Kiwanis, Lions, Elks, etc.), state and national organizations as well as your local library and place of worship because they may have scholarships to offer. Finally, I would also suggest you visit www.scholarships.com to research additional scholarship opportunities that may be available.
Carrie Hagen, Nonfiction Writer and Researcher, Teacher
This depends on how much you need the money. There are more scholarship opportunities than most people realize, and sometimes students feel discouraged about researching scholarships because they assume they won't earn them... but somebody has to, right?
If you aren't sure where to look, ask your guidance counselor about information. Googling "college scholarships" will take you to sites like fastweb.com, a free database that matches students with opportunities. And, believe it or not, college financial aid offices may have monies available at a semester's start that weren't awarded for whatever reason. It never hurts to ask (in person) someone in Financial Aid whether you might apply for such funds.