Many families simply can't afford to pay tuition. Yet an increasing number of students are graduating - or even walking away from college early - under a staggering weight of student-loan debt.
Before letting anyone in your house jump on the debt train, you'll want to do all you can to search for scholarships. Once again, the Internet opens that possibility.
Millions of scholarships are awarded every year. And they're not just for straight-A students and exceptional athletes. The variety and purposes of scholarships will surprise you. For instance, did you know there are scholarships for caddies, knitters and duck callers?
Unfortunately, a lot of deadlines have passed for students entering college this fall. Most application deadlines are during the regular academic year, so the first deadlines were back in September. But there are some opportunities out there if you act fast.
Even better, if you have a sophomore or junior under your roof, you may think it's early, but it's not. Start that search now, even for freshmen.
Let's single out some of the good scholarship resources on the Web. FinAid is a wealth of knowledge about the scholarship process, and it links to lists of scholarships available for your student. CollegeScholarships also has a lot of information. Students can also browse scholarships by state, subject, sport, ethnicity and more. The site also gives out its own scholarships - there's even one for young bloggers.