Why are scholarships advantageous?

Scholarships are advantageous because they provide you with funds for your schooling. These funds don't have to be paid back as a loan does. They can also be helpful in giving you incentive to perform well in school, as some scholarships require that you maintain a certain GPA. Writing scholarship essays can help prepare you for the large amount of essay writing that will be required in college. Another advantage is that applying for a scholarship can help you define your educational and career goals.