How scholarship awards can benefit you

Firstly, what is a scholarship? A scholarship is an award recognizing academic excellence or achievement. In some instance, financial need may be taken into account as a secondary criterion to decide between candidates of approximately equal achievement.

Winning a scholarship can have a major impact on your educational and professional career, marking you as an outstanding candidate for advancement. Scholarships indicate that you are worthy of confidence and can be expected to perform well in competitive environments--qualities that employers look for in a job prospect. 

Looking at how a scholarship award can boost your morale on a more personal level, a scholarship can reinforce your self-confidence and give you greater powers of resilience. You may not be able to win every scholarship you apply for, nor will you get an offer of employment for every position you seek, but a scholarship is a concrete way of demonstrating that you are a valuable commodity--if you did not succeed this time, you're likely to succeed in the future.

Scholarships can have a snowball effect on your subsequent applications--if you can list a scholarship or two on your curriculum vitae, CV, you are more definitely doubling your chances to win another scholarship especially when your CV is reviewed by a scholarship committee. Demonstrating that another committee found your application worthwhile reinforces the quality of your scholarship application.

(you may also like 5 tips on how a good scholarship application can boast your chances of winning a scholarship in 2012)

Translating that CV into an employment resume is the end goal of your education, and having a few scholarships on the resume can make a big difference with a potential employer. The size of the scholarship really does not matter--if you can demonstrate that you have achieved excellence and stood out from other students, your resume will stand out as well.




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