Let’s talk about where Scholarship go, it will be interesting to know that getting scholarship is one of the happiest thing that could happen to any student, both international and local because it will help you financially to focus more on your education.
Before now I already talked about how companies or organisations go about when it comes to paying for a Scholarship awarded to a student, we equally have written about where the money goes.
To be clear with this question, we need to understand that, what this question means is, Where exactly do Scholarship, not the money involved, where does it go.
Still referring you back to our previously 0isted article where I stated clearly that, when a Scholarship is given to a student, it will be the responsibility of the student to inform the school of the latest development.
This is mostly for those in school through school loan and grant, in this way the school can replace the loan or grant with the Scholarship.
We should always bear in mind that Scholarship is just a monetary assisted rendered to those who can’t afford basic education or to the ones that are deserving of it.
The money paid to the awardee either goes to the school from the providers and if it’s more than the amount needed for the long stay of the awardee, the school will refund the awardee the balance.
The Scholarship providers can also send the money directly to the back account of the awardee as provided in the form he or she filled during application.
It can also come in cheques in the name of the awardee, he or she would go to the bank to cash the money.
So, what to take home now is that the Scholarship goes to the awardee in accordance with the rules guiding the Scholarship opportunity.
Protecting your Scholarship Money
Some times when this Scholarships are paid direct to the school, the institution will deduct it for your school loan or grant, thisneay you might have no other choice than to borrow again if it’s not a enough.
To prevent this from happening, all you need to do is to call the financial aid in your school and demand that the money be added to the school loan. This way they won’t deduct rather make it continue until your done with the school.
Finding More Scholarship Money
It is never bad to look for more Scholarship money as they are many opportunities out there, at least it will help you concentrate on only your studies and not looking for where to find money.
How much Scholarship can I get from Post Matric Scholarship
This type of Scholarships is offered to those with no more to fund their education. All you need to do is to look out for companies that are ready to offer and hop in, you can always check here for more information.
What Happens to Scholarship Money If You Graduate Early
Congratulations on graduating early but you can not receive all, it will be calculated by the number of years your meant to stay.