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Taming Tuition: A Guide to Local and State Scholarships

Posted by MPM Leave a Comment

Photo of college-bound students
According to the College Board, the average cost of tuition and fees for the 2017-2018 school year was $34,740 for private colleges, $9,970 for state residents at public colleges and $25,620 for out-of-state residents attending public universities. College scholarships, both big and small, can help defray that expense. With a little digging, you might be surprised how many monetary awards are available.

Each university offers several of its own general scholarships based on a student’s qualifications. In addition, the state of South Carolina provides the lottery-funded HOPE, LIFE and Palmetto Fellows Scholarships to qualified residents. Local and national organizations and companies also offer student scholarships.

It’s important to develop a list of scholarships, understand the requirements and know the deadlines.

Below is a short list to get you started.

JOE BRINSON SCHOLARSHIP
Value:
$5,000.
The Mount Pleasant Chamber of Commerce offers this memorial scholarship to Mount Pleasant residents to encourage and support students aspiring to a career in business.

ALLAN HAMILTON MEMORIAL SCHOLARSHIP
Value:
$1,500 first year and may be renewed by $2,000, $2,500 and $3,000 for successive years.
The Mount Pleasant Rotary Club annually awards this scholarship to an outstanding student who is a resident of the East Cooper area.

PALMETTO FELLOWS SCHOLARSHIP
Annual Value:
up to $6,700 for the first year and $7,500 for each of the next three years.
Four-year value: up to $29,200.
Available to a South Carolina high school student with exemplary academic credentials.

LIFE SCHOLARSHIP
Annual Value: 
$5,000.
Four-year value: $20,000.
If you meet two of the following three requirements, you are eligible for this scholarship:

  1. Your final, cumulative grade point average is at least a “B” (3.00).
  2. Your SAT score is at least 1100 on critical reading and math sections combined (ACT composite score of at least 24).
  3. You graduate in the top 30% of your class.

SC HOPE SCHOLARSHIP
Value: 
$2,800.
If your final, cumulative GPA is at least a “B” (3.00) and you do not qualify for a Palmetto Fellows or LIFE scholarship, you are eligible to receive this freshman-only scholarship.

STAMPS SCHOLARS, CAROLINA SCHOLARS AND 1801 SCHOLARS AWARDS
Annual Value: 
$10,000-15,000.
Four-year value: $40,000-$90,000.
These awards are the University of South Carolina’s most prestigious bestowed on South Carolina residents. If you have a strong academic record and are a leader in your high school and community, USC encourages you to apply. Twenty students receive these scholarships each year.

GATEWAY TO SUCCESS SCHOLARSHIP
Value: 
varies.
This College of Charleston scholarship was established to increase enrollment of first-generation, underserved and economically disadvantaged students with strong, competitive academic credentials.

EMERGING SCHOLARS PROGRAM
Annual Value: 
$18,800.
Four-year value: $75,000.
Clemson’s Emerging Scholars Program has made higher education a reality for students who have not seen college in their future. It establishes a college-going culture among students in families from the state’s economically disadvantaged areas.

By Tonya McGue

Sharing is Caring

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Filed Under: Learning Tagged With: Jul Aug 2019

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