The cost of higher education has gone up by leaps and bounds, and scholarships have become a vital source of assistance for students. Scholarships are offered by many institutions, including universities, companies, non-profit organizations, foundations, and small enterprises. To receive maximum opportunities, students must explore all avenues and apply to those best matching their academic profile, interest, and background. Thorough research and application for multiple scholarships can help greatly in reducing the economic burden of higher education.