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Financial Need Scholarship Essay Examples (2024)

Jennifer Finetti Oct 10, 2024

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Many scholarships are awarded based on financial need. In order to win these scholarships, you must explain the nature of your financial need. In the guide below, we’ll explain how to write these types of essays to increase your chances of winning. Check out these scholarship essay examples for financial need scholarships.

How to write financial need scholarship essays

Here are some tips for writing financial need scholarship essays:

• Maintain a positive tone throughout the essay . You do not want to come across as self-pitying. Focus on ways you learned and grew from past experiences – how they made you stronger.
• Do not diminish other people’s suffering. This is a competition, but that doesn’t mean you should belittle your competitors. In fact, it would be better to say “I know there are many worthy candidates for this scholarship, but…” than to say “I have suffered far more than…” Show respect in everything you write.
• Frame your essay around a specific event. You may add other details if you have space to, but use one experience as the thesis for your essay.
• Avoid controversial statements and opinions. When discussing events from your past, do not belittle someone else or talk negatively about a group of people. You never know who will be reading your essay.
• Tell your story with honesty. Do not fabricate any details to make yourself sound needy. Your past and present circumstances will speak for themselves.
• Don’t try to sound philosophical. Some students will do this because they think it makes them seem smarter, but it rarely has that effect. Focus on proofreading and writing solid content. That is enough intelligence on its own.
• Discuss your career goals, if possible. You may not have room for this if the essay is short. If you do have room though, discussing your career goals will indicate a plan for the future. Review boards reward determination.

You know why you need financial aid. Tap into the key elements of your circumstances and use them to craft the perfect essay.

Many scholarships are awarded based on financial need. In order to win these scholarships, you must explain the nature of your financial need. In the guide below, we’ve provided examples of scholarship essays for financial need scholarships, along with some tips to help you write your own essay.

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Example 1: “Provide a statement of financial need”

Some scholarships will simply ask for a statement of financial need. There are no parameters to follow. You’re left to write whatever you want. Typically, a statement of financial need is two or three small paragraphs. This will come out to roughly 150-200 words, but it could be slightly longer. Think of this as a cover letter for your scholarship application, highlighting the key elements of your financial need. Don’t build up to the thesis. Get directly to the point.

I am the first person in my family to graduate high school, and thus the first to attend college. Both of my parents dropped out of school when they were teenagers. Because of their limited education, they have always worked in entry-level positions, earning barely enough to put food on the table. My first job I got was at the age of 12 delivering papers, and I have worked hard ever since to relieve pressure from my family. I enrolled in Mississippi’s HELP program during my senior year, which covers tuition and fees at select colleges in the state. I also have a Federal Pell Grant to cover my housing. However, I still need funding for books, supplies, and transportation to campus as needed. I am an engineering student, and our classes come with high fees. My parents cannot contribute to my college expenses, and I cannot work much while I’m in school. This scholarship would help me avoid costly student loans that could take years to repay.  

Example 2: “Describe your financial need in 100 words”

This essay is even shorter than the financial need statement. It may be one of several short answer questions you need to fill out. Working with 100 words is tricky. That only leaves room for about 7-10 sentences, depending on length. Make compelling statements using the fewest words possible.

Also note that grammar errors and misspellings will be much more noticeable in this short essay. Carefully proofread your writing before submitting the scholarship application.

I got pregnant and dropped out of high school when I was 15. By the age of 20, I had two more children, and we all shared a one-bedroom apartment. I worked three jobs to pay the bills, but I never earned much. When my oldest started high school, I did the same. I got my GED at 29 and enrolled in nursing school. My financial status has improved now with a GED, but I’m still a single mom with three kids. I want to become a registered nurse to give my children a stable future. I appreciate your consideration.

Word Count: 100

Example 3: “Explain your financial need in 500 or more words”

This scholarship essay prompt is the opposite of the one above. You have much more room to discuss your circumstances. Talk about your family life, your income, and other restraints that contribute to your financial aid . Try not to throw too much in the essay though. You want the information to flow together seamlessly. Edit carefully, and give the readers a full view of your situation.

My name is Brandon Noviello. I am a sophomore on track to earn my Bachelor of Arts in Sociology. I need financial aid because I do not have a family to contribute to my education. I was in foster care for two years before I aged out of the system, and now I am pursuing a degree completely on my own. I was raised by a wonderful woman who didn’t always have a wonderful life. My mother got pregnant after a sexual assault, but she was determined to raise a smart, successful man. She went through an accelerated program to graduate high school before I was born. She devoted the rest of her life to supporting me, both financially and emotionally. My mother’s family cut ties with her the moment she became pregnant. Life wasn’t easy for us, but I never wanted for anything. She always found a way to keep me fed, dressed, and in school. Unfortunately, she lost a long-term battle with depression when I was 16, and I was put into the foster system until I reached adulthood. I did not have a positive experience with foster care, but I admit, I had no desire to. My mother’s passing weighed heavily on my mind, and I felt an overwhelming sense of anger, regret, and frustration. There was one gleam of hope in my experience though. I had a great social worker. I fought her decisions every step of the way, and she still managed to find a family to get me through high school. My social worker was the only person I invited to my graduation ceremony.  She helped me realize how much one person’s efforts can make a difference in the lives of others. I was only one of countless children she had helped over the years. I researched how to become a social worker so I could help other children like me. My plan is to work with the Department of Human Services in the foster care and adoption division after I graduate. In order to make my dreams a reality, I need financial aid. I am working as a server to pay for food, utilities, and basic necessities, but I do not earn enough to pay for college as well. I go to school during the day and work at night. Furthermore, I have a maximum Pell Grant to cover most of my tuition, but I still need help with other expenses. I did not do well in high school as a result of my mom’s passing, but I have done well in college. I have a 3.25 cumulative GPA, and I have never made less than an A in a degree-related course. As such, I am committed to being successful despite my circumstances, and I want to help young people find that motivation within themselves. I look forward to working with children and teens in the foster system, so I can be the hope that someone else was for me.

Word Count: 498

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Jennifer Finetti

Jennifer brings over 20 years experience in edtech, marketing, communications, content development, academic advising, and financial aid & scholarship counseling to ScholarshipOwl. She is also a marketing consultant and content developer for Diablo Valley College in Pleasant Hill, California, where she writes the college's biannual publication, DVC Magazine. Jennifer is a college financial aid and scholarship expert who has been seen on news segments across the country as well as in USA Today, CNBC, and Yahoo! Finance. She earned her MA in Counseling Psychology from National University, and her BA in Psychology from University of California, Santa Cruz.

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Many students face financial barriers when it comes to pursuing higher education. The rising costs of tuition, books, and other educational expenses can be overwhelming. 

This is why the scholarships offer a lifeline by providing financial aid to students, but the competition is fierce. 

That's where CollegeEssay.org comes in. 

In this blog post, we are providing scholarship essay examples that will inspire and guide you in creating your own exceptional essay. 

These examples serve as beacons of success, offering valuable insights into the art of scholarship essay writing. 

So, without further ado, let’s get started. 

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Scholarship Essay Examples Financial Need

Why this scholarship essay worked.

This scholarship essay example effectively conveys the applicant's financial need and their determination to overcome the challenges associated with it. Here's why this essay worked:

• Personal Storytelling: The essay begins with a personal anecdote that establishes a connection between the applicant's background and financial constraints. This helps create empathy and demonstrates the genuine impact of financial challenges on their educational journey.
• Resilience and Resourcefulness: The applicant showcases their resilience and resourcefulness in navigating financial hardships. They highlight their proactive approach to seeking part-time employment and actively pursuing scholarships.
• Academic Commitment: Despite the financial strain, the applicant emphasizes their commitment to academic excellence by maintaining a high GPA. This showcases their dedication and ability to prioritize their studies amidst challenging circumstances.
• Community Involvement : The essay also highlights the applicant's involvement in community service. This demonstrates their desire to give back and make a positive impact.
• Connection to Scholarship: The applicant clearly articulates how receiving the scholarship would benefit them. This demonstrates a strong alignment between their goals and the purpose of the scholarship.

Want more examples, check out these winning scholarship essay examples.

Financial Aid Scholarship Essay

Scholarship Essay for Financial Need

Scholarship Essay Examples About Yourself

Why this essay worked.

This scholarship essay worked for several reasons, such as:

• It effectively showcases the applicant's passion for mathematics, community engagement, and resilience.
• It compellingly conveyed the applicant's dedication, ambition, and potential for making a positive impact. This makes them a deserving candidate for the scholarship.
• Clear connection to the scholarship's goals and how it would further the applicant's educational journey and impact.

Here are some scholarship essay examples about yourself; get an idea from them, and create a successful essay.

Scholarship Essay Example About Yourself

Scholarship Essay About Yourself

Scholarship Essay Examples for Nursing

Why this essay worked.

This essay worked due to its compelling portrayal of the applicant's genuine passion for nursing, coupled with their unwavering dedication to making a positive impact in patient care.

The essay effectively demonstrates the applicant's well-rounded preparation for a nursing career and their clear alignment with the goals and mission of the scholarship, making them a strong candidate for consideration.

Below are some more examples of scholarship essays for nursing.

Nursing Scholarship Essay

Scholarship Essay for Nursing

Scholarship Essay Examples About Career Goals

This essay worked for the following reasons:

• Clear and Specific Career Goals: The essay effectively outlines the applicant's career goal of becoming a clinical psychologist specializing in mental health support. The clarity and specificity of the goal demonstrate a well-defined path and a strong sense of purpose.
• Demonstrated Preparation and Commitment: The essay showcases the applicant's comprehensive preparation for their career goals. It also demonstrates their readiness and dedication to excel in the field.
• Alignment with Scholarship Objectives: The essay effectively highlights how the scholarship will contribute to the applicant's career aspirations. This includes attending conferences, workshops, and advanced training programs.

If you find difficulty writing the scholarship essay about career goals, get help from the below-mentioned examples, and submit a well-written essay.

Scholarship Essay Examples About Leadership

Three reasons why this essay worked are:

• Demonstrated Leadership Experience : This essay effectively highlights the applicant's practical experience in leadership roles, showcasing their ability to lead teams, organize events, and coordinate volunteers.
• Commitment to Personal Growth : The essay demonstrates the applicant's proactive approach to leadership development by seeking formal training and participating in workshops focused on honing their skills. 
• Emphasis on Collaboration and Empowerment: The essay emphasizes the applicant's belief in collaborative leadership. It promotes inclusivity and empowers team members to contribute their unique perspectives. 

Here we gather some good scholarship essay examples about leadership that help in your writing.

Leadership Scholarship Essay Example

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Scholarship Essay Examples About Community Service

Here are the reasons:

• Genuine Passion and Commitment: The essay effectively conveys the applicant's genuine passion for community service, highlighting their long-standing involvement and the transformative impact it has had on their life. 
• Integration of Service with Education: The essay demonstrates the applicant's proactive approach to integrating their passion for community service with their educational pursuits.
• Aspiration for Social Change: The essay goes beyond personal experiences and highlights the applicant's aspirations for broader social change.

Here is an excellent community service scholarship essa y that can help you write for community college.

Scholarship Essay Example about Community Service

High School Scholarship Essay Examples

• Clear and Convincing Goals: The essay effectively communicates the applicant's strong desire to pursue higher education despite financial constraints.
• Demonstrated Leadership and Well-Roundedness: The essay showcases the applicant's involvement in extracurricular activities. It highlights their ability to balance academic responsibilities with active participation in clubs, sports teams, and community service initiatives.
• Emphasis on Giving Back and Community Engagement: The essay not only focuses on the applicant's personal aspirations but also highlights their commitment to giving back to their community.

The following are the best high school scholarship essay examples, use this for your help, and write an attention-grabbing essay.

Scholarship Essay Example for High School

Scholarship Essay for High School

Scholarship Essay Examples for University

Why this essay works.

Three reasons why this essay works are:

• Strong Personal Motivation: The essay effectively communicates the applicant's unwavering commitment and determination to pursue a university education.
• Articulation of Long-Term Goals and Social Impact: The essay goes beyond highlighting the applicant's academic achievements and financial needs. It emphasizes the applicant's desire to contribute to their community and make a positive impact on society.
• The connection between Scholarship and Applicant's Potential: The essay effectively illustrates how receiving the scholarship would directly address the financial burden. Plus, it will enable the applicant to fully embrace the university experience.

Here are some excellent scholarship essay examples for university students that help you in writing the essay.

Scholarship Essay Example for University Students

Scholarship Essay Examples for Engineering

This essay worked because of the following reasons:

• Passion and Commitment: The essay effectively conveys the applicant's deep passion for engineering. It also shows their genuine commitment to making a positive impact in this field.
• Alignment with Scholarship Objectives: It clearly establishes the connection between the scholarship and the applicant's goals in engineering.
• Future Impact and Growth: It also communicates the applicant's aspiration to contribute to the field of engineering and make a positive difference in the world.

The following is another scholarship essay example that can help you in creating the perfect essay on your own.

Scholarship Essay Examples for Masters

This essay worked for several reasons:

• Clear Purpose and Goal: The essay effectively conveys the applicant's clear purpose and goal of pursuing a master's degree. It highlights the transformative impact that a master's degree can have on personal and professional growth.
• Financial Need and Scholarship Alignment : The essay addresses the financial challenges associated with pursuing a master's degree. It demonstrates the direct alignment between the scholarship and the applicant's needs.
• Impact and Giving Back : The essay goes beyond personal aspirations and emphasizes the applicant's intention to make a broader impact on their community and society.

Here is an example that you can use as a guide and write a perfect scholarship essay.

Why Should You Receive this Scholarship Essay Examples

Three brief reasons why this essay worked are:

• Clear and Convincing Arguments : The essay presents concise and compelling arguments to support the applicant's case for receiving the scholarship.
• Personal Connection : It demonstrates how receiving the scholarship would directly impact the applicant's academic journey
• Gratitude and Future Commitment : It expresses sincere gratitude for the opportunity and emphasizes the applicant's commitment to making the most of the scholarship.

Here is an example, take help from them for your scholarship essay.

Why Should You Receive this Scholarship Essay Example

Why I Deserve This Scholarship Essay Examples

• Compelling Personal Story: The essay effectively presents the applicant's personal story and highlights their dedication and commitment to their education
• Addressing Academic Excellence and Financial Need : The essay successfully addresses both academic excellence and financial need, which are two crucial aspects considered by scholarship committees.
• Commitment to Making an Impact: The essay goes beyond the applicant's personal goals and emphasizes their dedication to making a positive impact in their community. 

Here’s another example for this scholarship essay below:

Why I Deserve This Scholarship Essay Example

Tips for Writing the Effective Scholarship Essay

When it comes to writing an effective scholarship essay, there are several key tips to keep in mind. 

By following these guidelines, you can maximize your chances of standing out and impressing scholarship selection committees. 

Here are some essential tips to help you craft a compelling scholarship essay:

• Understand the Prompt

Take the time to thoroughly understand the scholarship essay prompt or topic provided by the scholarship provider. Pay attention to any specific instructions or guidelines given.

• Research the Scholarship

Familiarize yourself with the organization or institution offering the scholarship. Understand their values, mission, and objectives. This knowledge will help you align your essay with their goals and demonstrate your fit for the scholarship.

• Tell Your Unique Story

Use the essay as an opportunity to showcase your personal experiences, like obstacles you might encounter, achievements, and aspirations. Highlight what sets you apart from other applicants. Be authentic and genuine in conveying your story, like overcoming personal failures.

• Start with a Compelling Introduction

Grab the reader's attention from the beginning with a strong and captivating introduction. Consider starting with a compelling anecdote, a thought-provoking question, or a powerful statement.

• Structure Your Essay

Organize your essay into a clear and logical structure. Start with an introduction, followed by body paragraphs that support your main points, and end with a concise conclusion. Following a proper scholarship essay format enhances its impact.

• Be Concise and Specific

Scholarship essays often have a word or character limits, so make every word count. Be concise in your writing and avoid unnecessary fluff. Focus on providing specific examples and details that support your claims.

• Showcase Your Achievements

Highlight your academic accomplishments, extracurricular involvements, community service, leadership roles, or any other relevant achievements. Link them to the values and goals of the scholarship.

• Address the Selection Criteria

Ensure that your essay addresses the selection criteria specified by the scholarship provider. If they are looking for specific qualities or skills, tailor your essay to showcase how you possess those attributes.

In conclusion, writing an effective scholarship essay is a crucial step in securing the financial aid you need for your education. 

By following the tips outlined here, you can enhance your essay-writing skills and create a compelling narrative that captivates scholarship selection committees.

Be authentic, concise, and specific in your writing. Tailor your essay to align with the values and objectives of the scholarship provider. And above all, believe in yourself and your potential to make a difference through education.

If you're seeking further guidance and support in your scholarship essay writing journey, consider partnering with our AI essay writing tools !

We also have a team of experienced and professional essay writers who can provide scholarship essay writing service with valuable insights. 

Hire our college paper writing service  today and take the next step towards securing the financial aid you deserve.

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Barbara is a highly educated and qualified author with a Ph.D. in public health from an Ivy League university. She has spent a significant amount of time working in the medical field, conducting a thorough study on a variety of health issues. Her work has been published in several major publications.

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Your chance of acceptance, your chancing factors, extracurriculars, writing an effective financial aid essay: any tips.

I'm preparing to write a financial aid essay as part of my college application process, and I'm not sure where to start. What are some effective strategies for tackling this type of essay? I want to make sure I convey my personal story and financial circumstances, while still highlighting my achievements and future goals. If anyone has general advice or personal experiences to share, I would appreciate it as I start gathering my thoughts and organizing my essay.

Writing an effective financial aid essay involves a careful balance between conveying your financial needs and showcasing your academic achievements, potential, and life experiences. Here are some strategies to consider:

1. Start with a Detailed Introduction: Clearly define your financial circumstances from the start. Include details, such as your family's financial background, income bracket, and any significant life events that have impacted you.

2. Interweave Your Story: While discussing your financial background, weave in personal anecdotes or experiences. This humanizes your story and aids in making an emotional connection with the reader. Remember, you want the committee to empathize with your needs.

3. Highlight Your Achievements: Despite the focus on your financial need, make sure you provide a summary of your academic and extracurricular achievements. This allows the selection panel to see your hard work, perseverance, and potential to flourish despite your financial circumstances.

4. Express Your Educational and Career Goals: Elucidate your college and career goals. Explain how obtaining a degree from the college in your chosen field of study will help you achieve these goals. Describe why the financial aid is so crucial in assisting you reach these goals.

5. Demonstrate Your Positive Traits: The committee wants to know that you are more than your financial situation. Include instances where you've shown resilience, tenacity, and adaptability. Show them that you are a problem solver who can overcome obstacles.

6. Summit with a Strong Conclusion: In conclusion, re-emphasize your financial need, commitment to your education, and how funding can act as a catalyst to achieve your plans.

7. Proofread: Make sure to proofread your essay for grammatical errors, coherence, and overall structure. You might also want to have a teacher, mentor, or other trusted advisor review it as well. Fresh eyes can spot errors you might have missed, and they can also provide valuable feedback.

Remember, your goal is to convey a compelling case for why you deserve the financial aid. Content is king. Telling a personal, detail-oriented, and well-structured story is key. Good luck with your application process!

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