February 7th, 2012 by Tamara Krause

Keys to Renewable Scholarships In the world of scholarships, ‘renewable’ is the golden key. Why? It’s simple — a renewable scholarship is money in the bank. Unlike a non-renewable scholarship, these awards provide funding over multiple years; that’s music to any student’s ears. Unfortunately, many students fail to read the ‘fine print’ on their scholarship award packages and find themselves in a quandary when their financial aid is stripped away. Most renewable scholarships come with stipulations and guidelines that must be followed to continue to receive funding; one simple mistake can lead to a zero balance in your student account. To ensure you receive the full amount of your financial aid award, be sure to follow these simple rules.