Students: Great Tips for Finding a Scholarship

College is expensive, and while families should focus on saving what they can, students should not forget to apply to the wealth of scholarships available nationwide.

Millions of scholarships, worth billions of dollars, are awarded annually. Beyond in-house scholarships offered by the institutions themselves, a number of federations and organizations offer money to students with particular aptitudes, achievements and aspirations.

“Scholarships can make a significant dent in out-of-pocket college spending, but finding and applying for them requires an up-front investment of effort,” says Martha...