How Parents Can Help Their Student in the Scholarship Search Process

When it comes to finances, students often turn first to their parents for help. The scholarship search is another place parents can aid their students. We don’t mean doing the search or applications for their students, of course. However, there are many other ways they can assist.

Utilizing the Parental Network

Nothing really beats knowledge and experience. Parents have a lot of people in their network—old classmates, friends, co-workers, bosses, neighbors, and maybe fellow members of clubs or organizations as well. Each of those contacts knows somebody else, which means your sphere of influence can actually extend much farther.

Use that network for the benefit of your child. Ask around to see if anyone is linked to a scholarship, or if they’ve heard of any good opportunities that would relate to your student.

Check-In Support System

Even the most disciplined high school student could use a check-in from time to time. This doesn’t mean you should hover over the shoulder of your student throughout the whole process, but popping in to get an idea of their progress, to remind them of the importance of scholarships, or offer encouragement isn’t a bad idea.

Proofreader

Having a second pair of eyes is always beneficial. Parents are ideal candidates for proofreading their students’ essays or applications—you can root out errors, point out areas that aren’t clear, make suggestions, and even help brainstorm topics.

There are ways to be involved with the process without running the show yourself. Letting your student lead the charge is a great way to start transitioning them towards independence, while still being nearby to lend a helping hand.

Use College Raptor’s Student Loan Finder to discover personalized loan options. Compare lenders and interest rates to find the ideal student loan—for FREE!

 

Lender Rates (APR) Eligibility
Sallie Mae logo.
1.13% to 11.23%1 Variable
3.50% to 12.60%1 Fixed
Undergraduate and Graduate
VISIT SALLIE MAE
Credibe company logo.
1.04% to 13.19% Variable
3.00% to 14.14% Fixed
Undergraduate and Graduate
VISIT CREDIBLE
Lendkey company logo.
1.49% to 7.64% Variable >800 FICO
3.99% to 7.64% Fixed
Undergraduate and Graduate
VISIT LENDKEY
Ascent company logo.
1.82% to 11.32% Variable
3.27% to 12.46% Fixed
Undergraduate and Graduate
VISIT ASCENT
College Ave company logo.
0.99% to 11.98% Variable
2.99% to 12.99% Fixed
Undergraduate and Graduate
VISIT COLLEGE AVE
3.47% to 6.11% Variable
4.60% to 7.40% Fixed
Undergraduate and Graduate
VISIT ISL
Earnest company logo.
1.04% to 11.44% Variable
3.34% to 12.78% Fixed
Undergraduate and Graduate
VISIT EARNEST
1.20% to 11.59% Variable
3.31% to 11.99% Fixed
Undergraduate and Graduate
VISIT ELFi
1Variable interest rates start from 4.12% APR to 10.98% APR. We also offer fixed interest rates from 5.74% APR to 11.85% APR. Click here for important information. Terms, conditions, and limitations apply.
College Raptor is not a loan lender and does not assume responsibility for suggesting a loan to a user who may not be eligible for it. Rates, terms, conditions, eligibility, approval, and other considerations are the decisions of the lenders and may vary depending on which lender or marketplace the user selects. We urge users to carefully consider and review all loan options and terms before committing to taking out a loan.

Leave a reply

Your email address will not be published. Required fields are marked *