3 Reasons Students Should Apply for $500 Scholarships

There are three, clear reasons why you should apply for $500 scholarships. Learn why they sparkle and find some to apply for today, with this list!

Shawna Newman

October 07, 2022

 3 Reasons Students Should Apply for $500 Scholarships
Diamonds in the rough, uncover the real value of $500 scholarships.
Like most students, when you see a large or full-tuition scholarship your eyes light up with excitement at all of the college saving possibilities. Earning a huge scholarship IS the ticket you need to make paying for school a breeze and to help you save money. Yet, there's a hidden scholarship secret that many students don't know about. We're here to help high school, college and graduate students see why these hidden gem scholarships really shine. Diamonds in the rough, $500 scholarships don’t get the attention they should. Fewer U.S. students apply for lower value scholarships because of the it's ONLY $500 mindset. They may not have the same WOW FACTOR as some of the larger national scholarships, like the $20,000 Foot Locker Foundation Scholarship, $10,000 Create-a-Greeting Card Scholarship Contest, or the $100,000 Paradigm Challenge Scholarship (just to name a few).
But, add a couple of free $500 scholarships and grants and they'll put a serious dent in the final cost of college.

Reasons to Apply for $500 Scholarships

As the dollar value has them overlooked by the student majority, you can use this lack of luster to your advantage. Here are three reasons you should apply for $500 scholarships:
  1. Your odds of winning a $500 scholarship are higher.
  2. The applicant pool for $500 scholarships is much smaller than those from Big Brand or national scholarships.
  3. Applying for a $500 scholarship is fast.
  4. You can apply to many of these scholarships in less than an hour. Look at it this way, if a $500 scholarship is won, where else can you earn $500 per hour as a student?! Not many places!
  5. You have more variety of application types.
  6. $500 scholarships are offered as no-essay, contest entry, photography or video submissions, social media challenges or networking, short essay and more.

$500 Scholarships

Do yourself a favor; apply for a few these $500 scholarships below:

Student Transportation Video Contest

Deadline: 12/2/2022
The Student Transportation Video Contest is open to all students. You must submit a video of no more than 2.5 minutes that examines general transportation impacts, trends, funding, or safety to be considered for this award.

EK Insurance Scholarship

Deadline: 12/30/2022
The EK Insurance Scholarship is available to students enrolled at an accredited college or university. You must choose one of the insurance related topics offered and submit a video essay of at least 60 seconds to qualify for this award.

East Rock Films Essay Contest

Deadline: 1/15/2023
The East Rock Films Essay Contest is open to high school juniors and seniors and college freshman and sophomores in the U.S. and Canada. To be considered for this award, you must be pursuing studies in the arts, humanities, or social sciences. Additionally, you must submit an essay describing a particular work of art that "speaks to you." This could be, but is not limited to, a novel, poem, painting, sculpture, musical composition, song, dance, film, play, short story, nonfiction book, or documentary.

EngineerGirl Writing Contest

Deadline: 2/1/2023
The EngineerGirl Writing Contest is available to male and female students in grades three through twelve. To be considered, you must submit a piece of writing that shows how female and / or non - white engineers have contributed to or can enhance engineering's great achievements.

March 2023 Fastweb Invite a Friend Sweepstakes

Deadline: 3/31/2023
The Fastweb Invite a Friend Sweepstakes is open to registered Fastweb members who are legal residents of the 50 United States and the District of Columbia, and who are at least sixteen (16) years of age. You must log into your Fastweb account to obtain your personal referral link. For each person who registers for Fastweb via your personal referral link during the Promotion Period, you and your referral will be entered as a pair into the monthly drawing.

Because College is Expensive Scholarship

Deadline: 3/31/2023
The "Because College is Expensive" Scholarship is available to high school juniors and seniors, current undergraduate students, and graduate students. The winner will be determined by random drawing and then contacted directly and announced on the Scholarship Winners page. One entry per person is all that is necessary.

CJ Pony Parts Scholarship Video Contest

Deadline: 4/15/2023
The CJ Pony Parts Scholarship Video Contest is open to students who will be enrolling in post - secondary education. You must submit a video of up to three minutes responding to one of the prompts on the topic of Mustangs.

DutchCrafters Heritage Scholarship

Deadline: 5/1/2023
The DutchCrafters Heritage Scholarship is available to students who are accepted or enrolled full - time at an accredited four - year institution. You must be a U.S. citizen or legal resident, have a minimum 3.0 GPA, and demonstrate financial need to be eligible for this award. You must also submit a 750 - word essay on the topic provided by the sponsor to be considered for this award.

Save The Everglades Scholarship

Deadline: 6/1/2023
The Save The Everglades Scholarship is open to high school and college students. You must be majoring in a science or political field to be considered for this award.

Driven Coffee Scholarship

Deadline: 6/30/2023
The Driven Coffee Scholarship is available to undergraduate students in the U.S. and Canada. To be considered, you must submit three short essays, including the following: "If you could have coffee with any person - dead or alive - who would you pick? Why? What would you discuss?" There are many more $500 scholarships out there too! Be sure to create your free Fastweb profile to find more opportunities to help you pay for college.

Fastweb makes finding scholarships a breeze.

Become a member and gain exclusive access to our database of over 1.5 million scholarships.

By clicking, I agree to the Terms & Conditions and Privacy Policy.