The other day, we came across a blog post where the author actually encouraged students not to apply for scholarships. Why? She claimed scholarships are a waste of time based on the low percentage of students who actually receive scholarships for college. One thing she neglected to consider was that maybe more students would actually receive scholarships if they would just take the time to apply. Far too many students overlook private scholarships, believing they are either unqualified, the competition is too high, or it takes too much work to win one. It’s a shame that so many students are missing out on the scholarship application experience. Even if they don’t win the scholarships, there are certainly skills and lessons to be learned along the way. Don’t believe me? Here are five reasons why we think scholarships are not a waste of time.