There are many deserving students out there who cannot afford to pay for college on their own. But this shouldn’t get in the way of getting quality education. There are many college academic scholarships out there that outstanding students can apply for. Why are scholarships essential?

  • College costs a lot more than it used to. Since 2000, four-year college education has increased up to more than 5% annually. This means that college education at the moment is way above what many can afford.
  • The cost of college living is up. Aside from tuition fees, college education consists of other expenses such as paying for apartment, books, food and supplies.
  • State support for students has decreased substantially. Public service funding has decreased throughout the years. As a result, public colleges and universities have increased tuition, meaning you’re probably going to pay more now.