Did you know that many scholarships disappear after freshman year? Make sure that the scholarship is renewable each year for 4 years to cover you throughout your undergraduate education.
Here are some red flags to watch for:
With a 4-year undergraduate degree costing between $100K-$300K, make sure that you can afford to complete your education BEFORE you start. Meet with your financial aid officer to discuss your financial aid offer. Because college tuition increases about 3% each year, consider how you plan to pay for tuition, room and board, and other expenses.