![]() ![]() Whether it's your first time looking for a scholarship or you're a seasoned veteran, there are many financial aid options for college juniors and has exclusive opportunities for students currently enrolled in their third year of undergraduate studies. ![]() Scholarships have become a great source to alleviate paying for college expenses and 1.7 million are awarded each year. Some scholarships require applicants to be a certain grade level, including scholarships for college juniors. Annually, scholarships and grants pay for 25% of educational expenses, and 63% of all undergraduate students receive at least one grant or scholarship to help pay for their education, making scholarships a popular option for college students. Similarly, high school seniors who choose to attend community college also oftentimes do so with the intention of transferring to a four year institution for their junior year. Scholarships can bring students great financial relief if they find themselves transferring, especially if they're transitioning from an in-state college to an out-of-state school. Attending a new institution might mean more expenses, which can take the form of transportation, tuition, books, personal expenses, etc. and do not need to be repaid.Ĭollege juniors might also change their minds and transfer to a different university - about 2.1 million college students transferred to a different institution in the academic year 2020-2021. A great benefit of scholarships is that they can be applied to any type of educational expense - textbooks, tuition, course fees, etc. Students who graduated in 2021 have an average of $31,100 in student loan debt at graduation, a little over the mean average of student loan debt for the past decade: $30,000. Student debt has also become a greater concern for those seeking a college degree. In 2020, for example, the median household income dropped 2.9% from the previous year. More family members in college, a drop in total household income, and unforeseen extra expenses may cause undergraduate students to seek out more scholarships and grants. $31,000).Īlong with the rising cost of university, college juniors may find that they're in need of more financial assistance than in previous years due to changed circumstances. During the 2019-2020 academic school year, average tuition and fees rose 19% for public institutions compared to 2010-2011 ($36,700 vs. In some cases, the price tag of a bachelor's degree may total $400,000, leading university students to seek out more financial aid. As a college junior, you might find yourself needing extra financial aid, whether it be to match the rising cost of higher education or to meet extra expenses that you'll accrue throughout the academic year. No matter the grade level, scholarships are available to assist students with easing the burden of paying for their college education. ![]() College junior scholarships About college junior scholarships ![]()
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