How rare is it to get a scholarship?

It is not easy to get a scholarship. According to the National Center for Education Statistics, only 7% of students are likely to receive a scholarship. This means that the competition is fierce and students must be prepared to work hard to get one.

When it comes to full scholarships, the odds are even more difficult. Only 1.5% of students will receive a full scholarship. This means that students must be at the top of their class and have excellent grades and test scores in order to be considered.

The amount of money awarded in need-based scholarships is also staggering. According to the College Board, $8.8 billion was awarded in need-based scholarships in 2018. This money is distributed among students who demonstrate financial need and meet the criteria for the scholarship.

The odds of getting a scholarship also vary depending on the student’s race. According to the National Scholarship Providers Association, white students have a 14.2% chance of getting a scholarship, while minority students have 11.2%. This means that minority students must work even harder to get a scholarship.

So, how rare is it to get a scholarship? The answer is that it is very rare. Students must work hard and demonstrate financial need in order to be considered for a scholarship. The competition is fierce and the odds are not in the student’s favor. However, with hard work and dedication, it is possible to get a scholarship.