why are scholarships important

Scholarships are essential for several reasons. in the last decade, public four-year tuition and fees have increased more than 5 percent annually above inflation. Tuition at 2 year public college and private colleges have increased 3 percent annually above inflation. This has a huge affect on many individuals and scholarships help out tremendously with this issue. another reason why scholarships are important is because the economy is not really helpful at all and many parents can't afford tuition, especially if they have more than one child that is in college. The cost of living is very expensive. You have to consider the amount of money that has to be spent on the place that you will be living at while you are in college, food, books, and any other supplies that you may need while you are in college. All of those items have become more expensive than they have in the past and if you are covered by scholarship money, you don't have to worry about those kinds of things as much.