12 Ways to Win a College Scholarship

Explore these scholarship options, seek out a mentor and tighten up application essays to win money for college.

Private and institutional scholarships can be lucrative.

While universities provide the bulk of scholarship awards to college students, there are still thousands of dollars up for grabs through private scholarships. Around $6 billion in nonfederal scholarships was paid out to undergraduates in 2015-2016, with average awards of $6,900 awarded by states, institutions, employers and private sources, according to the National Postsecondary Student Aid Study. To win a private or institutional scholarship, follow these 12 tips.

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The opinions voiced in this article are for general information only and are not intended to provide specific advice or recommendations for any individual.

Farran Powell and Emma Kerr are not affiliated with US Wealth Management, LLC and LPL Financial.

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