How do scholarships work? Do they actually give you money or is it in some different way?

I mean like for example, if you get a $10,000 scholarship, do you actually get $10,000 you can put in your bank or do you get $10,000 worth of free education?

Question

How do scholarships work? Do they actually give you money or is it in some different way?

I mean like for example, if you get a $10,000 scholarship, do you actually get $10,000 you can put in your bank or do you get $10,000 worth of free education?

quickstudent · Answer

@Ultrilliam @psirockin3 @Eiwoh2 @Nnesha @ThisGirlPretty

Ultrilliam · Answer

Good question................

I don't actually know the answer myself o-o

Ultrilliam · Answer

http://money.howstuffworks.com/personal-finance/college-planning/financial-aid/scholarship.htm

psirockin3 · Answer

I think Khan Academy has a huge thing on those... Maybe try looking there? I'm sorry I can't help you more

Nnesha · Answer

They pay for your tuition and books and then whatever money yiu have left they will refund t

Hero · Answer

They give the money to the school first, but if you know how to work the system, you can get the school to give the money to you.

Nnesha · Answer

The best thing to do is let them  pay for your classes so you don't have to worry about due dates. once you get the money you can buy books on your own.