Category Archives: Grants and Scholarships

Financial Aid Resources

“How will I pay for college?” That’s a question everyone considering higher education is asking. Investigating your financial aid options can seem overwhelming, especially if no one in your family has ever gone to college.

Here are a few great resources to help you discover some options available to assist you.

  • The FAFSA. The first step in applying for most types of federal and state financial aid is completing the Free Application for Federal Student Aid, or FAFSA, as soon as it’s available! Students who will be attending college during the 2022-23 school year should complete the FAFSA at FAFSA.gov as soon as it becomes available on Oct. 1.
  • Your high school counselor. Counselors love talking about college—college preparation, choosing a college and finding financial aid options. Make an appointment with your counselor soon!
  • The financial aid office at your college(s) of interest. Each college, technology center and career school are different. Be sure to speak with someone in the Financial Aid office at each institution you’re considering to learn which types of aid you may be able to receive at their school.
  • Internet resources. 
  • Free money. Scholarships are an important resource to help you pay for college expenses. There are many scholarship search websites that allow students to set up a profile that will match them with various programs they may qualify for. Many scholarships are also available to students as young as elementary school so start your search now! These websites offer helpful information:

Grants, Work Study and Student Loans

As you prepare to pay college expenses, it’s important to know the amount of federal financial aid that may be available to you. Each year, grant amounts and student loan interest rates are subject to change. Here’s what you can expect for Academic Year 2021-2022.

Federal Pell Grant: Available to undergraduate students who qualify based on the level of their financial need as determined by Federal Student Aid, a division of the U.S. Department of Education. Beginning July 1, 2021, the maximum allowable Pell amount you may be able to receive for one year of college will increase to $6,495.

Federal Work-Study Program: If your campus administers work-study funds, you may be able to sign up for a part-time job, either on-campus or an approved site off-campus, enabling you to earn money to pay some of your college expenses. The maximum amount you can earn in the work-study program will be determined by your level of financial need. If you’re interested in work-study, be sure to ask the financial aid office if would qualify for the program.

Federal Student Loans: To provide relief to student loan borrowers during the COVID-19 national emergency, the interest rate on most federal student loans borrowed before July 1, 2020 is currently 0%. In addition, federal student loan borrowers are automatically being placed in an administrative forbearance, which allows you to temporarily stop making your monthly loan payments. This 0% interest and suspension of payments will last through September 30, 2021, but you can still make payments if you choose.

The following table outlines the projected federal student loan interest rates for Academic Year 2021-2022, beginning October 1, 2021, after the COVID-19 relief program has ended:

Loan TypeBorrower TypeFixed Interest Rate
Direct Subsidized and Unsubsidized Student LoansUndergraduate students (through Bachelor’s degree)3.73%
Direct Unsubsidized Student LoansGraduate or professional students5.28%
Direct PLUS LoansParents of undergraduate students OR graduate/professional students6.28%

Be sure to visit StudentAid.gov for up-to-date information regarding interest rates and special allowances due to the COVID-19 pandemic.

Oklahoma’s Promise Deadline

If you just completed the 8th, 9th or 10th grade, be aware of a very important deadline that’s approaching quickly! In order to apply for the Oklahoma’s Promise scholarship, your application must be postmarked on or before June 30, 2021.*

The current application requirements for high school sophomores are as follows:

  • Must be an Oklahoma resident
  • Application must be received on or before June 30, 2021 *
  • The parents’ federal adjusted gross income must not exceed $55K per year. ǂ

In order to receive the scholarship, you must also graduate from high school with an overall grade point average (GPA) of 2.50 or higher and a separate GPA of 2.50 or more in the 17 curriculum units required by Oklahoma’s Promise.

Even if you’ve decided college isn’t for you, be sure to apply if your family qualifies. By missing this deadline, you’d be closing the door to an opportunity to have some or all of your college tuition paid by the Oklahoma’s Promise scholarship program. Keep the door open!

One more thing: Be sure to submit a Free Application for Federal Student Aid (FAFSA) on or after October 1 in your senior year. Oklahoma’s Promise requires that you submit a FAFSA for each year that you’ll be attending college.

*Homeschool applications must be postmarked before the student’s 16th birthday.

ǂ Special income provisions may apply to children adopted from certain court-ordered custody and children in the custody of court-appointed legal guardians as well as families receiving Social Security disability and death benefits.

Summer scholarships

School is out for the summer and now is the perfect time to find free money!

Many scholarships have deadlines from May-August and the awards can be applied to the upcoming school year. The more scholarships a student applies for, the greater their chance of being selected a winner. We suggest that students apply for at least 1-2 scholarships per week. There are plenty of scholarships that only require a simple application and/or a short essay. A little effort can reap great financial benefits, so check out these fun summer scholarships:

Earnest Scholarship Fund

Earnest is giving away scholarships to both undergraduate and graduate students. There is no essay. Applicants just need to complete a short survey providing degree and contact information. Students can be US citizens or permanent residents – this includes DACA students. With 50 scholarships available, don’t miss out on this opportunity!

Award Amount: 50 awards; $5,000
Deadline: May 20, 2021
Learn more and apply for the Earnest Scholarship Fund.

Make Us Laugh Scholarship

Ownage Pranks is an improv comedy brand that is offering a scholarship to an undergraduate student. Applicants must be enrolled or due to be enrolled as a full-time student at an accredited college or university. There is no GPA requirement. All domestic, international and undocumented students are eligible to apply. Students must create a 3-5-minute comedic video which showcases comedic talent. Additionally, students must submit proof of enrollment.

Award Amount: $1,000
Deadline: May 31, 2021
Learn more and apply for the Make Us Laugh Scholarship.

Jane Austen Society of North America (JASNA) Essay Contest

JASNA conducts an annual student essay contest to foster the study and appreciation of Jane Austen’s work. The contest is open to all students and is divided into three categories: high school, college/university and graduate school. To apply, students must read their category’s prompt and submit a well-written essay answering the passage. For all categories, students will connect Jane Austen’s novels to her Juvenilia – short stories, plays and chapters she wrote as a teenager.

Award Amount: 9 awards; (3) $1,000; (3) $500; (3) $250
Deadline: June 1, 2021
Learn more and apply for the JASNA Essay Contest.

Stuck at Prom Scholarship Contest

Duck Brand Duct Tape is giving high school students a chance to show off their creativity. They are offering scholarships to the students who can make the best prom attire out of Duck Tape. Applicants can document their process in a short video or a written essay. Students don’t need to worry about wearing their creations to prom. They just need to share their promwear virtually. There will be a Grand Prize Winner and a Runner Up in both the Dress and Tux Category.

Award Amount: 4 awards; $500-$10,000
Deadline: July 21, 2021
Learn more and apply for the Stuck at Prom Scholarship Contest.

Want to find more scholarships? Check out UCanGo2.org!

When you are submitting your scholarship applications, be sure to remember these tips:

  • Check your eligibility: Some (not all) scholarships have age, grade level or GPA requirements. Be sure you are eligible before investing your time in an application.
  • Check the requirements: Do you have all of the documentation required for your scholarship? Do you need letters of recommendation? Be sure to double check that you’re prepared to submit a complete application.
  • Proofread: Verify that your contact information is correct on scholarship applications. Also, make sure you review your essay, if one is required. Represent yourself well with professional and clear writing.

Don’t Rely on Luck to Pay Your Way

Wouldn’t it be great if you could find that pot o’ gold at the end of the rainbow to help you pay for college?  As luck would have it, a free ride to college just isn’t in the cards for most folks. Your next best bet is to submit the FAFSA, or Free Application for Federal Student Aid. By submitting the FAFSA, you’re able to determine how much federal and state aid you may be eligible to receive to help pay for college.

Already submitted the FAFSA? It’s never too late to start applying for scholarships. Be sure to take advantage of the helpful information provided in UCanGo2’s Scholarship Success Guide to help you as you go.

Also check out these websites for scholarship opportunities: UCanGo2. org and OKcollegestart.org.

screenshots of websites

Financial Aid Letter

The Free Application for Federal Student Aid (FAFSA) is an important first step in the financial aid process. After you’ve submitted the FAFSA, your college(s) of interest will process the information you provided and will determine your eligibility for federal and state aid. The college(s) will also calculate the loans and institutional scholarships you’re eligible to receive. The summary will be sent to you in an award letter, either electronically or via the U.S. Postal Service. Keep in mind, it takes time to process this information, so most campuses will send out aid offers in late March or early April for those starting college in the fall.

When your offer arrives, it’s important to read it carefully. You’ll be asked to accept or decline all or some of the offered financial aid. On your aid offer, you’ll see several different numbers, which are outlined below.

Cost of Attendance (COA): This is the estimated cost to attend your college for one year.

Expected Family Contribution (EFC): This number is used by the college to determine how much financial aid you’re eligible to receive. While the EFC is a calculation of all the information provided on the FAFSA by you and your parent, it’s most likely not the amount you’ll be expected to contribute. Want to learn more about the EFC? Check out our EFC Overview .

Award Package: The letter will list the types and amounts of aid the college can offer to you. You may see some of the following:

Grants: These are considered gift aid that can come from federal, state and tribal governments. Grants are usually based on financial need.

Scholarships: These can be based on need, merit or interests. They’re awarded by colleges, state agencies, companies, foundations, tribal and private organizations.

Federal Work-Study: This is an opportunity to work on- or off-campus to earn financial aid. Think of it as a part-time job specifically to pay for college.

Federal Student Loans: Loans are borrowed money to help you pay for college. Loans must be repaid, with interest.

Remember, you don’t have to accept all of the aid offered to you, especially when it comes to borrowing student loans. A monthly payment of tuition and fees during college may be a better option for you or your family than a loan payment with added interest after you’ve completed your education. To learn more about the different types of financial aid, check out our publication: Are You Looking for Money?

Talk with your family about your financial situation and decide how much financial aid and which types of aid you need to accept. Still have questions about the financial aid letter? Take a look at our new resource, Understanding Your Award Letter.


Financial Aid Awareness Month

February is Financial Aid Awareness Month! This is the time for you to learn all about the financial aid process for college.

What is financial aid?
Free Money

Federal and State Grants

Scholarships

Earned Money

Borrowed Money

How do I apply?

  • Complete the FAFSA (Free Application for Federal Student Aid)
    • Apply every year you need financial aid for college
    • Apply on or after October 1
    • Complete your application online at FAFSA.gov
    • Create an FSA ID to access and sign your FAFSA

How will I know how much financial aid I’ve been offered?

  • After your FAFSA has been submitted and you’ve been admitted, your school will send you an aid offer
  • Review and research all programs offered, and accept only the aid you need
  • You don’t have to accept everything you’ve been offered

To learn more about the financial aid process, review these tools on this site:

  • FAFSA Learning Modules
  • Finish the FAFSA in Five Steps
  • Dependency Questionnaire
  • FAFSA Fundamentals 2021-2022 PowerPoint
  • FAFSA Parent Flyer

You will also find these helpful FAFSA videos:

UCanGo2.org also offers many beneficial FAFSA resources:

  • The EFC (Expected Family Contribution) PowerPoint
  • The FSA ID (Federal Student Aid Identification) PowerPoint
  • The Financial Aid Award Letter PowerPoint

Learn more about Financial Aid Awareness Month here!

Spring Scholarships

Congratulations! You’ve finished your college applications and submitted your FAFSA (Free Application for Federal Student Aid.) Now it’s time to find scholarships! There are thousands of scholarship opportunities available based on a variety of criteria. So where do you find these scholarships?

  • UCanGo2.org: Here you can find scholarships organized by category and deadline. There are scholarships year-round, so be sure to explore the opportunities listed on this site.
  • OKcollegestart.org: Create a Scholarship Profile! You’ll answer questions about your education, goals and more. The profile will narrow down current opportunities that you qualify for!
  • Unigo.com: There are over 3 million scholarships on this website. Opportunities are available every month and the more scholarships you apply for, the better your chances of receiving free money.
  • Your college’s website: Institutional scholarships are often available at various times throughout the year. It’s a good idea to check the scholarship listings on your college website every week.
  • Your financial aid office: Check with your financial aid office to see if there are any new opportunities available at your college. They can also help you find more scholarship resources.

Some scholarships require essays while others only require transcripts and references. Be sure to double check requirements for each scholarship before submission. For a list of additional scholarship websites, see UCanGo2’s publication  Are You Looking for Money?

Make the Most of Your Holiday Season!

This time of year brings merriment and joy to those as they celebrate the holiday festivities. And while you’re enjoying a few weeks off from school, why not spend a little time preparing for college? If you’re currently a high school senior you should complete and submit your FAFSA (Free Application for Federal Student Aid) to apply for federal and state aid.

You should also do a little scholarship searching. Scholarships provide FREE money to help you pay your college expenses. Whether you’re in high school or college, scholarships are available to you. There are even awards for students in middle school and younger. You just need to do some research.

Below you’ll find links to some great festive scholarships to get you started.

Holiday Celebration Scholarship
Amount:  $1,000
Deadline:  December 31, 2020

Timber Works Tree Care Scholarship
Amount:  $1,000
Deadline:  January 18, 2021

Scholars Helping Collars Scholarship 
Amounts:  $1,500, $300, $200
Deadline:  February 28, 2021

Sweet and Simple Scholarship
Amount:  $1,500
Deadline:  February 28, 2021

Angel Scholarship
Amount:  Varies
Deadline:  March 1, 2021 (New posting in January)

Create-A-Greeting-Card Scholarship
Amount:  $10,000
Deadline:  March 9, 2021

National Candy Technologists Scholarship
Amount:  $5,000
Deadline:  April 3, 2021

Flavor of the Month Scholarship
Amount:  $1,500
Deadline:  July 31, 2021  

Ornament Scholarship
Amount:  $1,000
Deadline:  Watch for new 2021 scholarship posting

Sugar Spun Run Scholarship
Amount:  $500
Deadline:  Check for new scholarship posting on Jan. 1

National Scholarship Month

November is National Scholarship Month! Scholarships are, what we like to call, free money. This means you don’t have to pay them back after college. What’s the first step in receiving free money? Start by completing the Free Application for Federal Student Aid (FAFSA). Some scholarship applications are determined by financial need and require proof of a completed FAFSA.

Next, it’s time to start searching for scholarships that you qualify for. We encourage seniors to apply for 2-3 scholarships a week starting now. There are billions of dollars in scholarships available to students, so the more applications you submit, the higher your chances are to receive free money. 

Each scholarship has its own requirements and qualifications. Some scholarships are merit or financial based while others can be based on skill or religious affiliation. Always follow directions and double check that you have all of your required documents. If an application requires a recommendation letter, make sure you give your mentor or teacher plenty of time to write it.

There are many different resources for finding scholarships. We suggest you start with UCanGo2.org and OKcollegestart.org. Both of these websites have regularly updated scholarship databases. Make sure you create a Scholarship Profile on OKcollegestart. You’ll share information such as your GPA, skills, hobbies, intended major, ancestry and more. The answers you provide will help narrow down available scholarships that you qualify for. If you need a little more guidance on the scholarship process, check out our new Scholarship 101 video.

Don’t get discouraged if you don’t receive a scholarship award. Keep applying! Get creative and ask local businesses, libraries and your school about additional scholarship opportunities. Your perseverance will pay off!