Whether you’re a student or a parent, you’ve probably been assuming all along that getting a scholarship today is not much different from getting a scholarship 5, 10, or even 20 years ago. You compete against your classmates, and may the best man/woman win, right?
Wrong. The process of giving and receiving scholarships has changed immensely over the last 10 years by the same invention that has turned so many other industries on their heads: the Internet. Nearly all major scholarships (and most of the minor ones) are now promoted on the Internet as well as in books and in schools around the world.
But so what, you say? The Internet provides incredible, worldwide access, and today’s students can apply for more scholarships than they ever could have hoped for in the past.
That’s true, but it’s also a double-edged sword, and that’s the part that no one outside this book wants to talk about. Scholarships that once received only a handful of applications now receive hundreds. Those that received hundreds before now receive tens of thousands. And now for the really bad news: That only counts American students.