"I've told my kids to not bother applying for scholarships that are under $10,000."
Really? $500 is more than you had in the bank yesterday!
A lot of families are looking for high-dollar scholarships. I understand. It seems like a waste of time to apply for $500 or $1000 scholarships when there are $20,000 to $100,000 or more $ available. And as cute as that sounds, it's a very poor scholarship strategy.
I hear it often enough though so I thought I should at least address it.
There are some REALLY big scholarship opportunities, some that almost anyone can apply for.:
The Dr Pepper Tuition Giveaway
Ronal McDonald House Charities Scholarship
Burger King Scholars
Davidson Fellow Scholarship
Elks National Foundation...