financial hardship essay examples

How to write a financial need statement for your scholarship application (with examples!)

So you’re applying for a scholarship that asks you about your financial need. What do you say? How honest or specific should you be? What is TMI? In this article, we break down how to pen an awesome financial need scholarship essay or statement.

What to include in a financial need scholarship essay

Template to structure your financial need scholarship essay, introduction: your basic profile, body: your financial situation and hardships, conclusion: how you would benefit from this scholarship, was this financial need essay for a college financial aid application , now, reuse that same essay to apply for more scholarships, additional resources to help you write your financial need scholarship essay.

Many scholarships and college financial aid awards are “need-based,” given to students whose financial situation requires additional support. That’s why one of the most common college scholarship essays is a statement of financial need. This might be very explicit (“Explain your financial need”), somewhat explicit (“Describe your financial situation”), or quite open-ended (“Explain why you need this scholarship”).

In all cases, scholarship providers want to get a sense of your family’s financial picture: what your family income is, if you personally contribute to it (do you have a job?), and how much additional money you need to attend your target college (your “financial gap”).

If the essay prompt is a bit more open-ended (“Explain how this scholarship would help you”), your essay should probably be a combination of a financial need statement and a career goals / academic goals essay.  That’s because you want to show how the award will help you financially and in your academic or career goals.

Usually this statement of financial need is a pretty short scholarship essay (150-300 words), so unlike a college essay or personal statement where you have ample word count to tell anecdotes, you’ll likely need to get right to the point. 

Be sure to include: 

• If you are an underrepresented group at college, for instance, part of an ethnic minority or the first in your family to go to college
• Any relevant family circumstances, like if your parents are immigrants or refugees, as well as your parents’ occupation and how many children/family members they support financially
• How you are currently paying for college, including what you personally are doing to contribute financially (like working student jobs)
• What financial challenges/difficulties your family is facing, for instance, if a parent recently lost their job
• How you would benefit from the scholarship–including your academic and career goals (if word count allows)

Also remember to write in an optimistic tone. Writing about your financial situation or hardships might not be the most positive thing to share. But you can turn it around with an optimistic tone by writing about how these challenges have taught you resiliency and grit.

Give a short introduction to who you are, highlighting any family characteristics that might make you part of an underrepresented group at college. 

“I am a first-generation American and the first in my family to go to college. My family moved from El Salvador to New York when I was seven years old, to escape the violence there.”

Example 2: 

“I am from a working-class family in Minnesota. My family never had a lot, but we pooled our efforts together to make ends meet. My parents both worked full-time (my father as a mechanic, my mother as a receptionist at the local gym), while my siblings and I all worked weekend jobs to contribute to the family income.”

Dive into the details. How are you currently planning to pay for college? The idea here is to show that you and your family have made a good-faith effort to earn enough money to pay your tuition, but that it has simply not been enough. 

Make sure you describe your parents’ occupation, any savings (like a 529 College Savings Account), and any student jobs. You might also discuss any sudden changes in fortune (e.g. parent fell ill or lost their job) that have ruined your original financial plans. 

Example 

As immigrants with limited English, my parents have had to accept low-paying jobs. My father is an Uber driver, and my mother is a housekeeper. They earn just enough to pay our rent and put food on the table, so I’ve always known they could not help me pay for college.  So I’ve been proactive about earning and saving my own money. Since age 11, I’ve worked odd jobs (like mowing my neighbors’ lawns). At age 16, I started working at the mall after school and on weekends. Through all these jobs, I’ve saved about $3000. But even with my financial aid grants, I need to pay $8000 more per year to go to college. 

Bring it home by wrapping up your story.  Explain how you plan to use the financial aid if you’re awarded this scholarship. How will you benefit from this award? What will you put the money toward, and how will it help you achieve your academic and/or career goals?

Scholarship review boards want to know that their money will be put to good use, supporting a student who has clear plans for the future, and the motivation and determination to make those plans a reality. This is like a shortened, one-paragraph version of the “Why do you deserve this scholarship?” essay . 

Winning $5000 would help me close the financial gap and take less in student loans. This is particularly important for me because I plan to study social work and eventually work in a role to support my community. However, since these jobs are not well paid, repaying significant student loans would be difficult. Your scholarship would allow me to continue down this path, to eventually support my community, without incurring debt I can’t afford.

My plan is to study human biology at UC San Diego, where I have been admitted, and eventually pursue a career as a Nurse-Practitioner. I know that being pre-med will be a real academic challenge, and this scholarship would help me focus on those tough classes, rather than worrying about how to pay for them. The $2000 award would be equivalent to about 150 hours of working at a student job. That’s 150 hours I can instead focus on studying, graduating, and achieving my goals. 

Sometimes this financial need statement isn’t for an external scholarship. Instead, it’s for your college financial aid office.

In that case, you’re usually writing this statement for one of two reasons:

• You’re writing an appeal letter , to request additional financial aid, after your original financial aid offer wasn’t enough. In this case, you’ll want to make sure you’re being extra specific about your finances.
• You’re applying for a specific endowed scholarship that considers financial need. In this case, your financial need essay can be quite similar to what we’ve outlined above.

Now that you’ve written a killer financial need scholarship essay, you have one of the most common scholarship essays ready on hand, to submit to other scholarships too.

You can sign up for a free Going Merry account today to get a personalized list of hundreds of scholarships matched to your profile. You can even save essays (like this one!) to reuse in more than one application.  

You might also be interested in these other blog posts related to essay writing:

• What’s the right scholarship essay format and structure?
• How to write a winning scholarship essay about your academic goals
• How to write an awesome essay about your career goals
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• How to write a financial need statement for your scholarship application (with examples!) - August 13, 2020

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Financial Need Scholarship Essay Examples (2023)

Jennifer Finetti Oct 2, 2022

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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

As a parent who recently helped her own kids embark on their college journeys, Jennifer approaches the transition from high school to college from a unique perspective. She truly enjoys engaging with students – helping them to build the confidence, knowledge, and insight needed to pursue their educational and career goals, while also empowering them with the strategies and skills needed to access scholarships and financial aid that can help limit college costs. She understands the importance of ensuring access to the edtech tools and resources that can make this process easier and more equitable - this drive to support underserved populations is what drew her to ScholarshipOwl. Jennifer has coached students from around the world, as well as in-person with local students in her own community. Her areas of focus include career exploration, major selection, college search and selection, college application assistance, financial aid and scholarship consultation, essay review and feedback, and more. She works with students who are at the top of their class, as well as those who are struggling. She firmly believes that all students, regardless of their circumstances, can succeed if they stay focused and work hard in school. Jennifer earned her MA in Counseling Psychology from National University, and her BA in Psychology from University of California, Santa Cruz.

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How to Write a Statement of Financial Need

Gabriel Jimenez-Ekman is a content editor and writer at Scholarships360. He has managed communications and written content for a diverse array of organizations, including a farmer’s market, a concert venue, a student farm, an environmental NGO, and a PR agency. Gabriel graduated from Kenyon College with a degree in sociology.

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Prior to coming to Scholarships360 for her first internship in 2022, Savannah utilized her campus publications by joining various fashion publications that are offered at Ohio University. One of those publications is Thread Magazine, where Savannah has had the opportunity to work on articles related to world-wide related fashion news and events, as well as articles closer to home, such as a fashion piece on Athens hometown-hero Joe Burrow. This year, Savannah also had the opportunity to be a content writing intern for Aiken House, as well as a section editor for Southeast Ohio Magazine. In 2023, Savannah served as the Chapter President of her sorority, Alpha Gamma Delta. These collective experiences, as well as her experience currently working for Ohio University’s Undergraduate Admissions, has led her to Scholarships360 and aided in her passion for helping students better understand the college admissions process and financial aid. In her free time, Savannah enjoys horseback riding, watching Formula One races, traveling, and spending time with her friends and family. Savannah will graduate from Ohio University in May 2024 with a degree in Journalism News and Information and a certificate in Italian Studies.

Caitlyn Cole is a college access professional with a decade of experience in non-profit program and project management for college readiness and access organizations.

Maria Geiger is Director of Content at Scholarships360. She is a former online educational technology instructor and adjunct writing instructor. In addition to education reform, Maria’s interests include viewpoint diversity, blended/flipped learning, digital communication, and integrating media/web tools into the curriculum to better facilitate student engagement. Maria earned both a B.A. and an M.A. in English Literature from Monmouth University, an M. Ed. in Education from Monmouth University, and a Virtual Online Teaching Certificate (VOLT) from the University of Pennsylvania.

Many students want to know how to write a statement of financial need since it is a challenge. Deciding what is appropriate to include or omit can make all the difference, so it’s also especially important that you use your words economically and effectively.

What is a Statement of Financial Need?

College is an investment, but for many students financial aid may not be enough to cover the cost. Because of this, students may find themselves needing to write a statement of financial need, which is a brief statement explaining your financial situation. Generally, the statement of financial need will go beyond what is captured by the FAFSA or CSS profile.

In this article, we will provide a step-by-step guide to show you how to write a statement of financial need.

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How we organized this article.

We’ll start with a “Do’s and Don’ts” list. This list will answer questions you may have about which details to include in your statement. Once you’ve got an idea of what should be included, we’ll show you a general template for writing these statements, including some examples. This will help you illustrate your points thoroughly while staying under the word limit. We also included some relevant FAQs just in case you had a few more questions. 

Related: Top need based scholarships

What to include in your statement

• A quick rundown of your family’s employment situation. This includes who in the family is working, what type of job they hold, and if you are working to help support your education or to help support your family
• Whether you are a first-generation college student
• If you or your parents are immigrants or refugees
• Whether you or your parents speak English as a second language, or do not speak English at all
• If you were raised by a single parent, or in a foster home
• Any extenuating circumstances that could be affecting your family’s finances, such as medical issues or job loss. Any recent shortfall in your family’s financial situation is worth mentioning
• If you are a member of any minority group (for many colleges, recruiting underrepresented students is an institutional priority as they seek to create a diverse community).
• Opportunities that you would be able to accept if the scholarship helped meet your financial need. An example would be if you are pursuing an unpaid or low-paying internship over the summer, but needed to earn money to help pay for next semester’s tuition

What to avoid in your statement

• Try to avoid a negative or dramatic tone. Even if your financial situation is stressful, try not to communicate that stress in your statement. It’s best to let the facts speak for themselves
• Avoid comparing your situation with the situations of others. Remember, this essay is about you, and why someone in your situation could benefit from the scholarship
• Avoid focusing too much on tangential details. Try to only include the details that are immediately relevant to your ability to further your education. For example, if your family has experienced a financial shortfall because your father lost his job, you don’t need to go into details of your father’s business or his chance of being re-hired. You need only to mention that it has led to your family receiving less than their projected income for the year, and that this impacts your ability to pay for college

Related: What’s the best scholarship essay format?

Now that you know what to include in your essay, you’re ready to start writing your statement of financial need. This can be done by following a step-by-step process:

Create an outline

Write your introduction.

• Format your essay with body paragraphs

Finish with a strong conclusion

Let’s get started with the first step…

To get started with your outline, try writing out a bullet-point list of the details you’d like to include in your essay. Include all of the details that emphasize your financial need. This includes demographic information, your parents’ employment, and any extenuating circumstances your family is experiencing. Once you have that list, use it as a guide to help format the statement of financial need.

See also: How to write a 250 word essay

In your first sentence, introduce yourself by touching on some key demographic points about yourself. For example, you could write:

“As a first-generation college student who was raised by a single parent, I have worked as a cashier throughout high school to help pay the bills.”

These are all points that do not require too much elaboration. They can be brought up together in the first sentence to give the reader an idea of what they will be reading. Use the rest of the introduction to quickly lay out the discussion points, saving the detail for later.

Related: How to start a scholarship essay

Formatting your essay with body paragraphs

Body paragraphs are your opportunity to dive into the relevant details. Elaborate on the points that you mentioned in the introduction to give a more vivid picture of why you are having trouble paying for your education. These include extenuating circumstances, parents’ employment status, and your employment status.

In addition, you can use these paragraphs to help illustrate your sense of financial responsibility. If you have a college savings account or have taken initiatives to help yourself secure the funds for college, mention them here. Emphasize that there is still a gap between what you are expected to pay and what you are able to pay.

Also see: How to write a financial aid appeal letter

Now is the time to discuss how the increased funding would create opportunities for you. You can mention the internship that you would take if you didn’t have to work all summer to pay your tuition, or describe how one of your other financial hardships would be lightened by receiving this scholarship.

The conclusion is where you make the scholarship committee realize what they could do for you by granting you the scholarship; once you’ve established your need, use the conclusion to illustrate how important this opportunity is to you. We hope that you now know how to write a statement of financial need. Best of luck!

Submitting your statement of financial need is not a guarantee of more aid

We should also mention that submitting your statement of financial need is no guarantee that you will receive more financial aid. While students can be hopeful that they will receive an adjusted aid package, they should be prepared for their situation not changing. 

In this case, students can turn to options like scholarships , student loans , or choosing a more affordable college option. 

See also: What to do if financial aid is not enough?

Key Takeaways

• A Statement of Financial Need can be beneficial for students who know they may not be able to afford college
• Always try to be positive when writing your Statement of Financial Need
• Structure your statement in an easy to read, concise way

Frequently asked questions about how to write a statement of financial need

How is financial need determined, what is proof of need, what documents can be used in a statement of financial need, how long should a statement of financial need be, scholarships360 recommended.

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5 Best Financial Need Scholarship Essay Examples

Many students face the challenge of financing their studies when pursuing higher education. Scholarships can be a lifeline, providing financial support to deserving individuals. However, students must submit a compelling essay explaining their financial need to secure these scholarships.

In this blog post, we will explore what makes a good statement of financial need, how to describe your financial need effectively, tips for writing a strong financial need essay, and provide five outstanding financial need scholarship essay examples. By the end, you’ll have valuable insights to help you stand out in scholarship applications .

What is a Good Statement of Financial Need?

A good statement of financial need is a clear and compelling narrative that effectively conveys your financial situation and explains why you require financial assistance for your education. When writing a statement of financial need, it’s important to create a well-structured and honest document that resonates with scholarship committees or financial aid providers. Here are the key elements that make a statement of financial need effective:

• Honesty and Transparency: Be open and honest about your financial circumstances. Scholarship committees appreciate genuine narratives. Provide accurate and verifiable information about your financial situation, including details about your family’s income, expenses, assets, and any outstanding debts.
• Clarity: Use clear and concise language to explain your financial need. Avoid jargon or overly complex terms that may confuse the reader. Make your statement easy to understand.
• Relevance: Ensure that your statement directly relates to the scholarship or financial aid program you are applying for . Tailor your statement to address the scholarship provider’s specific goals, values, or criteria.
• Specific Figures: Use specific figures and examples to illustrate your financial need. Include numbers representing your financial situation, such as annual income, expected educational expenses, and outstanding debts. This helps scholarship committees understand the magnitude of your need.
• Explain Changes: If your financial situation has recently changed due to unexpected circumstances (e.g., job loss, medical expenses, family changes), explain these changes and how they have affected your ability to pay for education.
• Financial Independence: If you are financially independent from your parents or guardians, clarify this in your statement. Mention any responsibilities or financial obligations you have that affect your ability to pay for college .
• Impact on Education: Explain how your financial need directly impacts your pursuit of education. Describe the challenges or obstacles you face in financing your education, such as tuition costs, textbooks, housing, or other educational expenses.
• Efforts to Cover Costs: If you are taking steps to cover educational costs, such as working part-time, applying for other scholarships, or seeking financial aid options, mention these efforts to show your commitment to funding your education.
• Personal Impact: Discuss how receiving financial assistance or a scholarship positively impacts your life and academic or career goals. Explain how it would alleviate the financial burden and enable you to focus on your studies.
• Gratitude and Determination: Express gratitude for the opportunity to apply for the scholarship or financial aid program. Convey your determination to succeed in your educational pursuits despite financial challenges.

Remember that scholarship committees or financial aid providers want to support students who genuinely need assistance and are committed to their educational goals. Craft your statement of financial need with sincerity and clarity, ensuring that it aligns with the specific requirements and objectives of the scholarship or financial aid program you are applying to.

How to Describe Your Financial Need for a Scholarship

Describing your financial need for a scholarship effectively requires clear and concise communication of your financial situation and challenges. Here’s a step-by-step guide on how to describe your financial need in a scholarship application:

• Before you start writing, gather all relevant financial information, including details about your family’s income, expenses, assets, and any outstanding debts. Having concrete figures will help you provide accurate information.
• Honesty is key. Provide truthful and transparent information about your financial situation. Scholarship committees value authenticity.
• Use specific numbers to illustrate your financial need. Include annual income, expected educational expenses (tuition, books, housing), and outstanding loans or debts. Specific figures add credibility to your statement.
• If there have been recent changes in your financial situation, such as a job loss, medical expenses, or other unexpected events, explain them. Describe how these changes have affected your ability to pay for education.
• If you depend on your parents or guardians, clarify their financial situation and any limitations they face in supporting your education. If you’re financially independent, explain your circumstances and responsibilities.
• Describe the specific educational expenses you face, including tuition costs, textbooks, supplies, housing, transportation, and other relevant costs. Highlight the financial burden these expenses place on you and your family.
• If you are taking steps to cover educational costs , mention them. For example, explain these efforts if you are working part-time, applying for part-time jobs, seeking other scholarships, or exploring financial aid options. It shows your commitment to funding your education.
• Articulate how your financial need directly affects your pursuit of education. Discuss the challenges or obstacles you face in financing your education and how they may impact your ability to focus on your studies.
• Express gratitude for the opportunity to apply for the scholarship. Convey your determination to succeed in your academic or career goals despite financial challenges. Emphasize how receiving financial assistance would positively impact your life.
• While providing detailed information is important, avoid including irrelevant or excessive details. Keep your statement focused on the specific financial need related to your education.
• After writing your financial need statement, ask trusted individuals, such as teachers, mentors, or counselors, to review and provide feedback. They can help ensure clarity and effectiveness.
• Carefully proofread your statement for grammar, spelling, and punctuation errors. Ensure that your statement is clear and well-organized.

Remember that scholarship committees are looking for deserving candidates who genuinely need financial assistance and are committed to their educational goals. By effectively describing your financial need clearly, honestly, and well-structured, you increase your chances of standing out and securing the scholarship you’re applying for.

How to Write a Financial Need Essay

Writing a compelling financial need essay requires a combination of honesty, transparency, and a clear understanding of the scholarship’s criteria. Here’s a step-by-step guide to crafting an effective financial need essay:

• Gather Information and Understand the Prompt: Before you start writing, gather all relevant financial documents, such as income tax returns, pay stubs, and scholarship or grant records. Carefully read the scholarship essay prompt or guidelines to understand the specific criteria they are looking for.
• Create an Outline: Develop an outline that structures your essay logically and is organized. Consider the following points:
• Introduction: Briefly introduce yourself and state your financial need.
• Body Paragraphs: Elaborate on your financial situation, providing specific examples and quantifiable figures.
• Impact of Financial Need: Describe how your financial constraints have affected your education and life.
• Efforts to Reduce Burden: Highlight any steps you have taken to manage your finances or reduce reliance on external support.
• Connection to Goals: Explain how overcoming financial challenges has motivated you and how the scholarship would enable you to achieve your goals.
• Conclusion: Restate your financial need and emphasize your potential to impact positively.
• Narrate Your Financial Situation: Instead of simply listing financial limitations, weave your story around your financial need. Share personal anecdotes that illustrate how your financial constraints have affected your educational pursuits, but also emphasize how you have managed to persevere despite these obstacles.
• Quantify Your Financial Need: Provide concrete figures to support your claims. Mention your family’s income, tuition and living expenses, and any outstanding debts or financial obligations.
• Highlight Efforts to Reduce Burden: Demonstrate that you have taken proactive steps to manage your finances and reduce reliance on external support. Mention any part-time jobs you hold, scholarships you have applied for, or cost-saving measures you have implemented.
• Emphasize the Impact on Your Education: Explain how your financial constraints have impacted your ability to participate in your education fully. Describe any missed opportunities, sacrifices, or limitations you have faced due to your financial situation.
• Connect Your Financial Need to Your Goals: Frame your financial hardship as a motivator rather than a barrier. Explain how overcoming financial challenges has strengthened your resolve to succeed and how the scholarship would enable you to achieve your educational and career aspirations.
• Maintain a Positive and Optimistic Tone: Avoid dwelling on negative aspects or portraying yourself as a victim of circumstances. Instead, focus on your resilience, determination, and the positive impact you plan to make with the support of the scholarship .
• Proofread and Seek Feedback: Ask a trusted friend, mentor, or teacher to review your essay and provide constructive feedback. Ensure your essay is well-organized, grammatically correct, and free of any errors that could detract from your message.

Now, let’s explore five exceptional financial need scholarship essay examples:

Example 1: Overcoming Financial Hardship

Growing up in a low-income household, I witnessed firsthand the struggles of making ends meet. My parents worked multiple jobs to provide for our family, but it was never enough. We often had to choose between buying groceries or paying rent. Despite these challenges, my parents never gave up on their dreams for me. They instilled the importance of education and encouraged me to pursue my goals, no matter the obstacles.

My financial hardship has shaped me into the determined and resilient individual I am today. I have always been a hard worker, taking on part-time jobs and maintaining a high GPA despite the distractions and limitations of my environment. I have also actively participated in extracurricular activities, such as the debate team and the community service club, where I developed my leadership skills and dedication to serving others.

My financial situation has not only impacted my personal life but also my academic pursuits. Due to financial constraints, I often had to forgo purchasing textbooks or attending essential conferences. However, I have never let these limitations hinder my desire to learn. I have sought alternative resources, such as online libraries and public lectures, to expand my knowledge and enhance my learning experience.

Receiving this scholarship would alleviate the financial burden of pursuing my education and be a powerful affirmation of my potential and aspirations. It would provide me with the resources and opportunities to fully immerse myself in my studies, engage in cutting-edge research, and prepare myself to make a meaningful contribution to society.

Example 2: The Impact of Limited Resources

The limited financial resources available to my family have had a profound impact on my educational opportunities. Growing up, I often had to choose between buying textbooks or paying for essential school supplies. Due to the associated costs, I have also had to forgo extracurricular activities and social events. Despite these constraints, I have always been determined to maximize my education.

I have consistently maintained a high GPA, taking challenging courses and excelling in my studies. I have also sought out opportunities to expand my knowledge beyond the classroom, participating in research projects and attending seminars on topics that interest me. My passion for learning has driven me to overcome the limitations imposed by my financial situation.

My financial need has shaped my academic journey and influenced my personal growth. I have learned to be resourceful, find creative ways to manage my finances, and maximize my limited resources. I have also developed a strong sense of empathy and compassion, understanding the challenges faced by others who struggle with financial hardship.

Receiving this scholarship would give me the financial support I need to realize my academic and personal potential fully. It would allow me to purchase the necessary resources for my studies, participate in extracurricular activities, and pursue research opportunities to enhance my learning experience.

Example 3: Finding Creative Solutions

Despite facing significant financial challenges, I have found creative solutions to overcome my limitations and advance my education. I have secured scholarships and grants through hard work and academic dedication. I have also worked part-time to supplement my income and contribute to my educational expenses. I have also sought affordable educational options, such as attending community college for the first two years of my undergraduate studies.

My financial need has motivated me to be resourceful and proactive in managing my finances. I have developed a strict budget and have learned to prioritize my spending. I have also explored cost-saving measures, such as utilizing public transportation, cooking meals at home, and seeking out secondhand textbooks.

My financial situation has shaped my financial habits and influenced my academic choices. I have carefully considered the financial implications of each academic decision, such as selecting in-state schools and pursuing majors with strong career prospects. I have also sought out mentorship from individuals who have faced similar financial challenges and have learned valuable strategies for success.

Receiving this scholarship would provide me with the financial freedom to focus on my studies and pursue my academic passions without the constant burden of financial worries. It would allow me to engage fully in my academic journey, participate in research opportunities, and explore potential career paths.

Example 4: A Vision for a Brighter Future

Despite financial hardship, I have always clearly envisioned a brighter future. I am driven by a strong desire to succeed and make a positive impact on the world. I aspire to pursue a career in [your field of interest], where I can contribute to groundbreaking research, develop innovative solutions, and make a tangible impact on the lives of others.

My financial situation has not diminished my ambition or determination. It has instead fueled my desire to achieve my goals and overcome any obstacles that may arise. I have learned to be adaptable and resilient, facing challenges head-on and finding creative ways to overcome them.

I believe that education is the key to unlocking my potential and achieving my dreams. Receiving this scholarship would provide me with the financial support I need to pursue my educational aspirations fully and significantly contribute to society. It would allow me to attend a top-tier institution, engage in cutting-edge research, and prepare myself to become a leader in my field.

I am confident that my academic achievements, research experience, and demonstrated leadership skills make me a strong candidate for this scholarship. I am eager to continue my education and dedicate myself to pursuing my passion in [your field of interest]. I envision a future where I can utilize my expertise to [describe how you plan to make a positive impact]. I am committed to collaborating with others, sharing my knowledge, and contributing to the collective pursuit of a better future.

Example 5: Making a Difference Despite Limitations

Despite my financial limitations, I have always been driven by a strong desire to impact my community positively. I believe that everyone has the potential to make a difference, regardless of their circumstances. I have actively participated in community service throughout my life, volunteering my time and skills to organizations that support underserved communities.

I have volunteered at the local homeless shelter, providing meals and assistance to those in need. I have also participated in tutoring programs, helping children from low-income families succeed in their studies. These experiences have instilled a deep sense of empathy and compassion and strengthened my commitment to social justice.

My financial need has not only shaped my personal values but also influenced my academic choices. I have chosen to pursue a major in [your field of interest] because of its potential to address pressing social and environmental challenges. I am particularly interested in [describe a specific area of interest within your field].

Receiving this scholarship would provide me with the financial support I need to pursue my educational goals and make a meaningful contribution to society. It would allow me to attend a university with a strong emphasis on social responsibility and engage in research that addresses real-world problems. I am committed to using my education and skills to make a positive impact on the lives of others.

Recommendations:

• SARAO Scholarship 2024 Application, Requirements, and Deadline
• SPU Scholarship 2024 | Online Application, Requirements, and Last Date
• Clinic Plus Scholarship 2024 | Application, Eligibility, And Last Date
• Dhirubhai Ambani Scholarship 2024 | Online Application, Eligibility and Last Date

When writing a financial need scholarship essay, these five essay examples demonstrate the importance of honesty, transparency, and a clear connection between financial need and personal goals. By effectively conveying your financial situation and its impact on your educational pursuits, you can increase your chances of receiving the support you need to achieve your academic and personal aspirations.

Crafting a compelling financial need scholarship essay requires honesty, clarity, and a persuasive narrative. Following the tips outlined in this blog post and drawing inspiration from the provided scholarship essay examples, you can create an essay that effectively communicates your financial need, aspirations, and determination to pursue higher education. Remember that scholarship committees appreciate authenticity, so share your story sincerely. Best of luck with your scholarship applications!

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Financial Need Essay: Examples & Writing Guide

Unfortunately, not everyone striving for education can afford it. Some courses are so expensive that even well-to-do citizens need financial assistance. They can write a scholarship application letter or refuse the undertaking. In such a case, students are supposed to submit a financial need essay.

Our specialists will write a custom essay specially for you!

Funding authorities cannot assist each student. That is why you need to assure them in your statement of financial need that you deserve the scholarship more than anyone else. This article by Custom-Writing experts provides you with a clear structure. Besides, you will see an accurate statement of financial need essay sample.

• ✅ What to Include
• 🚫 Mistakes to Avoid
• 👀 Essay Sample

🔗 References

✅ statement of financial need: what to include.

This type of writing is a statement of a student’s life circumstances . But there is a limited number of aspects that you need to include. Otherwise, the committee will reject your request for financial aid as it will not look persuasive enough. Follow the next five steps to write a scholarship-winning essay. If you will still be unsure of how to write this kind of paper, explore the example in the next section.

• Introduce yourself. Your readers learn about you for the first time. It is polite to tell them who you are . Stress that you are the first person in your family who will attend a college. If you pertain to an ethnic group that may be underrepresented at the college, mention it.
• Explain how you’re now paying for college. Are you working to pay for your studies? Does this work take the time you could spend learning?
• Justify your financial need. Explain why you need assistance and the difficulties you meet in paying for your studies.
• Describe how you would benefit from the scholarship. Will you have to drop out if you are not given the scholarship? What will happen when you receive it? Explain that you will be able to study more if there is no need to work after classes.
• Make a closing statement . Do not beg and avoid being too emotional. Your essay should sound professional. Thank your readers for taking the time to consider your request.

Here, you can read about other secrets of scholarship essay writing .

🚫 Financial Need Essay: Mistakes to Avoid

There are several big mistakes that students can make in their scholarship essays.

👀 Statement of Financial Need: Essay Sample

We hope that this short, but comprehensive guide will get your essay going! Good luck and be sure to check out our blog for more writing tips.

Just in 1 hour! We will write you a plagiarism-free paper in hardly more than 1 hour

✏️ Financial Need Essay FAQ

There is no universal way to justify why you need money. Every situation is unique. Every person might have their life circumstances. Typically, students apply for scholarships because they can’t work full-time yet. Thus, they cannot afford the desired program.

Two key strategies to ask for scholarship money are those below.

1. Write an impressive motivation letter mentioning your tight budget,

2. Write an application letter describing your tough life circumstances (especially if you have incomplete family, etc.).

For additional details, check examples of such papers online and in books.

Applying for a scholarship implies proving why you deserve this assistance. Demonstrate your strong motivation, your real passion for learning, describe your educational background. If you want to be chosen for the program, take a look at examples and templates available online. You need to highlight your strengths and motivation .

It’s probably a bad idea to begin with the statement of financial need itself. Instead, demonstrate your strong motivation and even passion first. Briefly describe your background and highlight relevant educational and work experience. Acknowledge that financial assistance would help you to develop further.

• Writing a Winning College Scholarship Essay | The Princeton Review
• 5 Ways to Make Your Scholarship Essay Stand Out – U.S. News
• How to Write a Scholarship Essay – Maryville University Online
• How Aid Is Calculated | Federal Student Aid
• Definition of need | Student Financial Aid | University of Missouri
• How need is determined | Student Financial Aid (UWashington)
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Thank you for the financial need essay writing tips you have posted. They are very helpful! I’ll return to this blog for more useful guidelines for writing papers!

Ha, fully posting! How to ask for money? Yeah, it is a great idea to write a financial need essay in a humorous manner.

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Scholarship Essay Examples

With college tuition costs rising each year, many students apply for merit scholarships to help make college more affordable. However, merit scholarships can be competitive—and that’s where our scholarship essay examples come in. By reading our scholarship essay examples, you can learn what it takes to write an award-winning essay. 

Scholarships are an excellent opportunity for students to lessen their college tuition costs. Most merit scholarships require a brief application, usually including one or more essays. Below, we’ve rounded up our best scholarship essay examples.

Reading winning scholarship essay examples, especially scholarship essay examples about yourself, can help you begin the scholarship essay process. By reviewing essay examples, you can learn how to craft a strong essay. You’ll also get a better sense of what scholarship committees look for when they review applications.

In this guide to Scholarship Essay Examples, you’ll find tips on how to write the best scholarship essay, as well as:

• Various scholarship essay examples about yourself
• A strong scholarship essay sample about why I deserve the scholarship
• Scholarship essay examples about financial need, and more!

We’ve included scholarship essay examples specific to schools, including UC Berkeley, as well as specific programs, like the SHPE scholarship. We’ll also discuss the different types of scholarships you’ll find on your scholarship search. 

Now, before we jump into our essay examples, let’s learn more about getting scholarship money for college.

What is a scholarship essay?

A scholarship essay is an essay you’ll include in your merit scholarship applications. In many ways, your scholarship essays might resemble your college essays. So, the scholarship essay format should seem familiar. 

The best scholarship essays will highlight who you are and why you deserve money for college. Scholarship essay prompts will ask you to include various information, from details about your background to explanations of why you deserve a scholarship.

Crafting a compelling, well-written essay can help you win substantial financial awards to help cover your college tuition costs. However, not all scholarship essays are the same. Later on, we’ll review different winning scholarship essay examples to show you what kind of essays you’ll write in your application process.

Types of Scholarships

There are many different types of scholarships available to students. You can find a variety of scholarship opportunities on scholarships websites. The earlier you start your scholarship search, the more scholarships you’ll find. 

While some scholarship applications accept applicants of all backgrounds and abilities, some have very specific eligibility guidelines. So, you may not be eligible for every scholarship. If you’re not sure whether or not you’re eligible, you can find eligibility information on most scholarships websites. 

Here are a few different scholarship types you may come across in your scholarship search:

• Academic scholarships
• Merit scholarships
• Essay competitions
• Community service scholarships
• Military scholarships

Scholarship essay prompts will differ across programs. As you’ll see in our winning scholarship essay examples, the prompts can vary in word count and complexity. We’ll provide you with descriptive essay examples to help you get an idea of what to expect.

Merit-Based Scholarships

Most scholarships we’ll highlight in this article are merit-based scholarships . A merit-based scholarship is money awarded by a college or community organization based on your academic achievements. 

In contrast, a need-based scholarship is awarded based on a student’s financial need. If you are applying for financial aid, be sure to check out our scholarship essay examples about financial need. You’ll find both merit- and need-based scholarships on your scholarship search.     

To qualify for a merit-based scholarship, you generally must meet specific criteria. Scholarship committees look at your grades, academic achievements, extracurriculars, and even test scores. Need-based scholarships can have similar requirements, but they’re primarily concerned with your family’s financial status.

There are many merit-based scholarships available to help students afford college, including:

• National merit scholarships
• Gates Scholarship
• Jack Kent Cooke Scholarship
• Robertson Scholarship

Check out our guides on these popular merit-based scholarships for more details. There, you’ll find tips on how to write a winning essay. Our descriptive essay examples can also help prepare you to apply to these programs After all, while prompts vary, the scholarship essay format remains fairly standard. 

Finding scholarships

In this guide, we’ll highlight some scholarships you may be eligible for. However, make sure to check out the rest of our resources to help you approach the scholarship search. 

Some scholarships we’ll discuss include:

• QuestBridge scholarship : helps low-income students attend elite colleges
• Park scholarships : for students attending NC State University
• SHPE scholarship : offers financial assistance for Hispanic students interested in STEM degrees. 

Scholarship essay examples about financial need will help you prepare for your scholarship applications. For instance, if you apply for the SHPE scholarship, you’ll include a lot of details about your background. 

You can also use scholarship search portals or scholarships websites to find other scholarships you may be eligible for. 

How do you write a scholarship essay?

While scholarship essay prompts may differ, you’ll usually stick to the same general scholarship essay format. 

One resource that can help you write the best scholarship essays and find money for college is Sallie Mae. Sallie Mae is a private lender offering undergraduate, graduate, and professional student loans. They also grant scholarships and provide aspiring college students with a scholarship search portal on their scholarships websites. Here’s what they have to say about having a winning scholarship essay format.

Organization

When writing a scholarship essay, it’s best to start with a scholarship essay format that organizes your thoughts. This will allow you to follow a plan that clearly and concisely gets your points across. You should begin your essay with a solid introduction. Then, introduce your supporting arguments and add an appropriate conclusion. 

A good scholarship essay clearly states why you deserve to win money for college with evidence to back up your argument. You’ll see how to do this in our scholarship essay sample about why I deserve the scholarship. The best scholarship essays will be original and honest. It should be written in an inspirational and positive tone, highlighting your strengths and capabilities. 

When you feel like you have put your best foot forward, you should ask others for their feedback. This can be from a teacher, counselor, or one of our advisors here at CollegeAdvisor! Proofread your final essay and make sure you’ve caught any spelling and grammatical errors before submitting your application.

Up next, we’ll get into our descriptive essay examples and the different scholarship essay prompts they responded to. 

By looking at scholarship essay examples, you can learn what exactly makes a good essay. So, let’s look at some descriptive essay examples written by students looking to secure money for college. 

First, we will walk you through scholarship essay examples about yourself. Then, we’ll look at a scholarship essay sample about why I deserve the scholarship. Lastly, we will provide you with scholarship essay examples about financial need. Remember to keep these scholarship essay examples in mind when writing essays of your own!

Scholarship Essay Examples About Yourself

Let’s take a closer look at some scholarship essay examples about yourself.

Scholarship essay prompts vary quite a bit, so make sure you understand what the prompt really asks of you. That way, you can answer the question or address the prompt in its entirety.

Some scholarship essay prompts may ask how the scholarship will make a difference for you. They may also ask about any contributions you have made to your community. 

Ready to look at some winning scholarship essay examples? Check out these scholarship essay examples below.

The first of our scholarship essays is for Phi Sigma Rho. Here’s the prompt: 

How do you promote Phi Sigma Rho and STEM on your campus or in your community? (300 words Max)

Phi sigma rho scholarship essay.

In my campus and community, I strive to promote Phi Sigma Rho and STEM by promoting Phi Rho’s values and sharing my experiences and passion for Phi Rho.

My involvement in the Women in Engineering Program (WEP) and Society of Women Engineers (SWE) has allowed me the opportunity to promote Phi Rho and STEM. These activities have given me insight into how to successfully create a network that will support and encourage women in engineering to continue their careers. 

Within WEP, I served as a sophomore orientation leader (Envoy), mentoring first-year women and assisting with program logistics. As an envoy, I was able to promote Phi Rho ideals of friendship and encouragement. I was also able to informally recruit for Phi Rho by sharing my experiences and passion for the sorority.

Within SWE, I was the Internal Relations Chair my freshmen year and am the Director of Member Engagement this year. Both roles are related to member engagement, allowing me to promote friendship within engineering. Member engagement is important for creating a community among female engineers. Similar to my envoy position, my leadership within SWE has allowed me to share my love for Phi Rho.

Additionally, my volunteer experience with Engineering Ambassadors (EA), a STEM outreach group, has allowed me to promote STEM in the community. In EA, I give presentations on engineering, speak on panels, and lead hands-on activities for K-12 students. EA has taught me strategies to promote STEM to children and teenagers.

Because of Phi Sigma Rho, I have the confidence to inspire and encourage the next generation of female engineers. I hold the values of scholarship, friendship, and encouragement in the highest regard and strive to embody those in every leadership position and volunteer role. Through SWE, WEP, and EA, I have promoted Phi Sigma Rho, its values, and STEM as a whole in both my campus and community.

This is, in many ways, a scholarship essay sample about why I deserve the scholarship. The writer clearly highlights how they’ve engaged with Phi Sigma Rho and how their values align with those of the organization. The writer also provides specific examples of their leadership positions, skills, and accolades. 

The next two of our scholarship essay examples about yourself are for the SHPE scholarship. Here they are: 

SHPE Scholarship essay example #1

Essay prompt:.

Summarize your life experiences and any challenges that have impacted your path to higher education. (250 Words) 

Essay Example:

I vividly remember the first day of First Grade because I didn’t know the Pledge of Allegiance like the rest of my classmates. Growing up in a Hispanic household, I had never learned what the pledge was. This was the beginning of several years of disconnect. 

From receiving weird looks when I told classmates my family opened Christmas gifts at midnight, to my parents’ confusion when I didn’t want them to speak Spanish in public, both sides of my life never understood the other. As a result, I always felt out of place in school, like I was behind in some way because I didn’t share the same upbringing as my classmates. In contrast, academics felt like a level playing field, something we were all learning together in the same way.

While I couldn’t tell you who won the super bowl, I could do mathematics or read just as well, if not better, than my classmates. Socially, I always felt out of place, but academically I was always comfortable, and as a result, I tried to excel in that area of my life. That desire to succeed created the relentless work ethic I have today and the appreciation I have for education.

Despite the lack of emphasis from my parents on schoolwork, I developed this sense of responsibility and persistence to pursue an education. Although my family’s Hispanic culture made my life difficult when I was younger, it made me a more resilient person.

More scholarship essay examples

Shpe scholarship essay example #2.

Discuss your educational and career aspirations as well as your ability to complete and achieve these goals. (250 words)

Using a degree in engineering, I hope to work on improving sustainability and efficiency in the aerospace industry by creating cheaper, safer, and more environmentally-conscious options.

Recently, Pratt and Whitney designed an engine that is 16% more efficient and will release 3600 less metric tons per airplane per year. Excitingly, it also greatly reduces the noise footprint of an airplane. Innovations like these will allow the aerospace industry to evolve and improve while reducing negative environmental impact. I hope to work at the forefront of this innovation, pushing the boundaries of improved engine performance and efficiency. 

Last semester, I started working in the Experimental and Computational Convection Laboratory on campus to learn more about turbines. Some current projects in the lab involve new turbine cooling techniques and additive manufactured heat exchangers. Throughout the course of my undergraduate career, I hope to learn more about the barriers facing improved engine and turbine efficiency. Following undergraduate, I plan to attend graduate school to gain a deeper knowledge of these topics. Following graduate school, I may go into industry working on turbines and jet engines. Due to beginning research early, I believe graduate school is an attainable educational goal.

The potential ability to make a difference in the environmental impact of the aerospace industry is exciting. To accomplish this, I know studying Mechanical Engineering will give me the skills necessary to fulfill my career goals.

Both of these scholarship essay examples use specific details to highlight the writer’s strengths, experiences, and accolades. In reading these winning scholarship essay examples, we get a sense of who the writer is both as a person and as a student. 

Scholarship Essay Sample about “Why I deserve the scholarship”

Another scholarship essay prompt you may come across is “why I deserve this scholarship.” A good scholarship essay clearly highlights why you deserve to win the scholarship and provides evidence to support your argument. 

Below, you’ll find scholarship essay samples about why I deserve the scholarship. You can use these as a guide to help you tackle your own scholarship essays. 

Here’s the first of our scholarship essay examples, which was used for the Park Scholarship: 

The Park Scholarship is an investment in the potential of young people. It prepares scholars to make lifelong contributions to communities, states, nations, and the world. Tell us a story that illustrates your potential to make these lifelong contributions. (What have you done that should compel us to invest in you?) (Max. 3,990 characters including spaces.)

Park scholarship essay example.

Coming from a Venezuelan family, I have always been able to connect with total strangers through Spanish. Whether I’m eating at a restaurant or volunteering, I am constantly stumbling upon other Spanish speakers. The ability to converse in their language allows me to bond with them in a way I couldn’t in English, something I do not take for granted. 

Because of my experience, I believe that learning a foreign language is an incredibly important skill. Being able to speak in a second language allows a person to understand another community and reach out to people within that community. Additionally, speaking a second language assists in appreciating other cultures. This appreciation is important for fostering open-mindedness, something America as a whole struggles with today. 

In my school district, foreign language classes are not offered until late middle school. Once in high school, many students drop the class. In addition, those who stay in the class often find that the classes provide little more than a basic understanding of the language and then become discouraged in their learning. On a larger scale, this issue affects America as a whole. Second language programs often come second in terms of funding and planning and are not encouraged as rigorously as other academic courses. As a result, many Americans are ignorant to the benefits of bilingualism and are unable to understand the viewpoint of those who are multilingual.

After my freshman year of high school, my frustration with my community’s lack of priority for second language learning culminated in my desire to take some sort of action to promote foreign language education. In my sophomore year, a classmate and I created and ran an introductory Spanish program, Spanish in the Spring, at my local library for young children in the district. I spent hours at home creating lesson plans, activities, themes, and advertisements for the program. I placed heavy emphasis on cultural aspects and the importance of the Spanish language in America and the world as a whole.

My purpose for this program was to introduce children at a young age to learning a foreign language, so their desire to learn would continue throughout their life. Through the program, I was also able to share my belief of the importance of learning a second language with the children, as well as their parents. After the final day of the program, I was thrilled when one parent mentioned their desire to learn a foreign language program themself. I felt that if I made an impact on one person or family, the entire program was worthwhile. 

Unfortunately, this past spring I was unable to continue the Spanish in the Spring program due to library scheduling restraints. However, I hopefully plan to offer the program again this spring with some changes that will improve and expand the experience. One of these changes will include the immersion of parents into the experience to encourage foreign language education as a family activity.

While this program was only offered once, the impact was immeasurable, for the children, for the cause of foreign language education, and for me.

This is another scholarship essay sample about why I deserve the scholarship. In it, the writer clearly and directly answers the prompt—that is, they highlight their potential to make a lifelong impact on members of their community. 

Ready for another scholarship essay example? Here’s the next one: 

How will a ScholarSHPE impact your life and education? (200 Words)

Shpe scholarship essay example.

Receiving a ScholarSHPE will give me the gift of time and opportunities. My parents are unable to support me financially throughout college due to large amounts of accrued debt. A ScholarSHPE will reduce my financial stress and allow me to improve my overall health as a result. It will also prevent the need to work several hours a week at a part-time job to pay for tuition, books, and living expenses, which will limit what I can do academically and outside of class. A ScholarSHPE will allow me to spend more time on research pursuits, engineering extracurriculars, volunteer work, and school work, instead of long hours at a part-time job. 

This essay sample is fairly straightforward. In it, the writer follows a clear scholarship essay format, explicitly answering the prompt. 

UC Berkeley Scholarships essay examples

Let’s look at some school-specific merit scholarship essay examples. 

At the University of California – Berkeley , students can apply for a variety of merit scholarships. These scholarships can help offset the cost of UC Berkeley tuition. 

Below, we’ve included various scholarship essay examples for the UC Berkeley scholarships. These UC Berkeley scholarships can help students cover their college tuition costs. This can make the UC Berkeley tuition less of a barrier for students hoping to attend. 

You’ll find a variety of UC Berkeley scholarships that can help you afford UC Berkeley tuition. Available UC Berkeley scholarships include: 

• Berkeley Undergraduate Scholarship
• Fiat Lux Scholarship
• Middle Class Scholarship
• Regents’ and Chancellor’s Scholarship

These are just a few ways to cover the cost of UC Berkeley tuition. UC Berkeley students also receive more than $10 million per year in outside scholarships to cover college tuition costs. If you are interested in exploring non-UC Berkeley scholarships, check out this list of outside scholarship resources . 

To help you get started, check out our winning UC Berkeley scholarship essay examples. The authors of these scholarship essay examples about financial need all won money to help cover their UC Berkeley tuition.

UC Berkeley scholarship essay examples

I am grateful to realize how fortunate I am today. All the loved ones around me and their acts of kindness have given me such a great life. I also realize the sacrifices that those around me have had to give up in order for me to succeed. It is because of this that I have realized what “paying it forward” truly means. I have been given the opportunity to make an impact in my community and I have fully taken advantage of this opportunity. I have been a volunteer for the Buddyball Sports Organization, which is a non-profit sports organization dedicated to providing the opportunity for children with developmental disabilities to play sports.

Growing up, watching and playing sports has been one of my greatest pleasures of life, so teaching these less fortunate kids has been something I have enjoyed doing every single weekend. On top of this, I am also both a volunteer at the South Orangetown Ambulance Corps and the Nyack Hospital. With the desire to pursue a career in the medical field, volunteering at these places has given me a great idea of what my career could look like in the near future. While all of these volunteer activities have had a significant impact on me, little did I know that this summer would truly make a lasting difference in my life. 

This past summer, my family decided to go on a vacation to India to visit my relatives. This was the first time in my life that I was going to India and this was only because my grandmother came down with Parkinson’s disease and was extremely sick. Little did I know at that time that my visit to India would be a life-changing experience. Never could have I imagined such a filthy village. Everywhere I looked, there was garbage and to make matters worse, no one seemed to do anything to try to ameliorate the repugnant image of my home country.

While I realized on my flight home that I was not going to be able to make a difference and help my community back in India, there was nothing stopping me from doing so right here in Rockland County, New York. When I was told that I would have the opportunity to help organize and direct “Make a Difference Rockland,” I joyfully accepted! Make a Difference Rockland is a free public meet and greet for all local non-profits and other government agencies in an attempt to promote different community service opportunities within the public. By gathering all the local non-profit organizations and giving them a chance to present themselves, people learn more about all of the local community service opportunities that are available to them. This way, the community will be able to recruit volunteers and will not have to suffer through calamitous conditions.

As one of the people in charge of organizing, it was my responsibility to adequately contact, invite and help prepare for hundreds of people. Once I gathered their contact information, I had to ask each one of these places if they would be interested in joining the fair. If interested, I had to also prepare a table for them to present themselves at the fair. The feeling of bringing all of these community service groups together brought me a feeling of happiness that I will never forget. 

The best scholarship essays will teach the reader about who the writer is, what they care about, and why they deserve a scholarship. The essay above does just that—it highlights the writer’s background and describes how they give back to their community. 

Next, let’s dig into a few more scholarship essay examples. 

If you’re interested in more descriptive essay examples, keep reading. 

Reading a ton of winning scholarship essay examples is a great way to pick up on what makes them winners. Over time, you’ll start to notice how the details, tone, and flow all work together to tell a story.

Below, you’ll find a few more scholarship essay examples. Our first one is from the NC Parks Scholarship. Here’s the prompt:

What do you do to serve your community? Why do you do the service that you do? What impact have you made? What challenges or insights have your service contributions given you? (Max. 3,990 characters including spaces.) 

Community-focused scholarship essay example #1.

“What are the boys like in high school?” “Is it easy to get a boyfriend?” Sighing, the other frustrated leaders and I look at each other as we read the questions posed by the younger girls. Every year at Girls’ Night Out (GNO), a program that introduces and prepares eighth-grade girls for high school, the girls question the leaders about relationships and dating ad nauseum, irritating other leaders to the point of ignoring the questions. 

Giving each question a careful and deliberate answer is often difficult, but instead of disregarding the issue, I try to offer my most sincere and honest advice. Originally, when I began as a group leader in the program I would give the same response, “You shouldn’t worry about boys. Instead, enjoy your friends, and do things you enjoy.” While that advice is true, it is often not the answer that will satisfy the girls. Through many years in the program, I have learned that advice is not “one size fits all”; it must be individualized to the person’s needs. Now, when faced with a question about dating, I respond with more questions before giving “words of wisdom”.

Many times I am able to understand the perspective of the middle school student, allowing me to give advice accordingly. Supplying proper advice about sensitive topics is one of the most impactful parts of GNO. As a role model and positive influence for the girls, I largely impact their ideas and perception of the environment when entering high school. In addition to teaching the students valuable lessons, volunteering at GNO has taught me that various perspectives may present themselves identically. To better understand those around me, it is important that I look beyond the surface for the other person’s viewpoint.

Beyond understanding other viewpoints from GNO, I have learned from other service that understanding a person’s situation is essential for providing exceptional assistance. Through Key Club, I volunteer many times a year at the local food pantry. As a volunteer, I help the recipients “shop” at the small grocery store using a point system. The process takes up a lot of time because shoppers do not always know what they want. Originally I  thought this was a poor design. I believed it would be much more efficient to just hand out the food rather than giving out points and shopping with the food pantry recipients.

Upon expressing my opinion to one of the adult food pantry staff, he explained to me that the grocery store aspect of the store taught the recipients life skills. Additionally, by giving them autonomy over what food they “bought”, they retained a sort of independence, an important skill to have if they find themselves above the income level required to use the food pantry.

The next time I volunteered I took note of the skills presented. Budgeting of points, deciding whether or not they needed something, determining the quality of the fruit, and decision-making of choosing extra food or toiletries, were all skills that those above the poverty line have ingrained. For those who have been using food pantries and other assistance for prolonged periods of time, these skills are not so natural. As a result, teaching the people means after they no longer need the services of the food pantry, they have valuable skills necessary for their independence.

From this experience, I learned an important lesson: helping people is not just giving them what they need at the moment, but understanding what they will need in the future and providing that as well. After realizing this, I emphasize the abilities that the food pantry teaches whenever I dedicate my time. By doing that, I am positively affecting the development of those skills. 

When reflecting on the various ways I have served my community, one thing stands out to me: I always understand another viewpoint or gain a new perspective afterwards. For me, the ability to look at something from different angles is an unparalleled talent, and one of the most important skills a person can have.

Describe your volunteer or community experience with SHPE or other organizations and any internships you have held.  (250 Words)

Community-focused scholarship essay example #2.

In SHPE, I have been involved in planning the Penn State College of Engineering STEP-UP (Student Transition Engineering Program at University Park) Program as a chair. The STEP-UP program helps students from Penn State branch campuses smoothly transition to the University Park campus through a 3-day program in the spring. The program introduces them to engineering resources, other engineering students, and provides professional development. Due to COVID-19, this year it was held virtually. 

Within the Society of Women Engineers and the Women in Engineering Program, I have volunteered at different STEM events in the community for elementary school students. I am also currently serving as an Envoy (a mentorship and logistical position) for the Women in Engineering Program Orientation. Additionally, I participate in many of SWE’s service events, such as donating and collecting donations, cleaning up areas on and around campus, and visiting nursing homes.

On campus, I am also involved with Engineering Ambassadors (EA), a group that does STEM outreach around Pennsylvania from the elementary school to high school level. EA goes virtually or in person to schools, does engineering presentations and activities, and answers questions.

Prior to COVID-19, I had secured an internship with Pratt and Whitney, however, they had to cancel their internship program. As a result, I was fortunate enough to obtain a Process Quality Engineering internship at Brentwood Industries for summer 2020.

Both of these scholarship essay examples highlight how the writers have given back to their communities. These winning scholarship essay examples highlight the writers’ strengths. In doing so, they highlight why these writers deserve help with college tuition costs. 

Reflecting on scholarship essay format

As important as the content of your essay is, your scholarship essay format is equally important. As you write, be sure to adhere to the scholarship essay format guidelines provided to you. 

However, there are some things all of the best scholarship essays have in common. Here are some general tips, tricks, and outlines to help you in your own writing process.

Three scholarship essay writing tips:

• Word counts are hard to adhere to, but the other applicants must adhere to them, too. Make sure every word counts. 
• When you write a solid essay, you can repurpose some of your key points, including specific anecdotes and details, in other scholarship applications.
• Writing a good essay helps you solidify who you are and what you want. This sets you up for success in the scholarship application process and beyond. 

Three essential elements to include in your essay:

• State your goals. Scholarship committees are investing in your future and your potential. To take a chance on you, they need to know your plan and what you want to do with your award. 
• Establish an implicit or explicit link between your goals and the scholarship you are applying for. Describe to the committee how the specific scholarship will help you attain your goals. Give them a tangible reason as to why you deserve their investment. 
• Share your story. Use personal details about your experiences that highlight your identity and objectives. How have you pursued your goals and prepared for your future? How will the scholarship help you going forward? Get personal and be honest.

Storytelling in your essay

Some of the best scholarship essays utilize good storytelling strategies. You should share the details of your personal story in a narrative, using a logical order. Remember, telling personal details about yourself and your goals does not mean simply restating your resume!

By the end of the essay, the scholarship committee should have an in-depth sense of why you applied. You should reveal:

• When and how you arrived at your future goals
• Your motivations to accomplish these objectives
• What traits or skills you have developed along the way
• The meaningful experiences that drive you to your goals
• Any personal challenges you have faced and how you have overcome them
• What has shaped you and your worldview

These details humanize you and show your complexity as a person and an applicant. It’s helpful to use anecdotes and personal experiences to give life to facts and details about yourself. Sharing real-life experiences will help make your essay more interesting and more fun to read.

Creating your scholarship essay format

Once you have thought about what you want to say, start thinking about your scholarship essay format. You may start by making a list of what your reader may be interested in:

• How you spend your time
• Your accomplishments
• What your passions are, etc.

Start by brainstorming everything you may want to include in your essay. Then, think about whether the stories you include support your arguments. Ask yourself, “What did I learn?” or “How did this get me closer to my goals?”. These reflections help the reader connect to your purpose for writing. 

Make sure to organize your thoughts in a narrative order. However, there isn’t just one way to write an essay. So, don’t limit yourself to one version of your story. You may find yourself writing multiple drafts before you get to your final scholarship essay format.

Editing and proofreading your essay

When you think you have finished, be sure to proofread and edit to ensure it’s ready to be submitted. Check that you’ve adhered to all the scholarship essay format guidelines (like the word count). 

Reviewing also includes getting input from others! An outside reader’s opinion can help you confirm your essay effectively communicates your ideas.

Tips for scholarship essays

You may notice some similarities between the scholarship essay examples about yourself we’ve provided. That’s because the authors of the best scholarship essays all use similar strategies to make their essays great. 

Here are 5 tips from U.S. News to help you make all of your scholarship essays stand out:

Tips for writing stand-out scholarship essays

1. get personal and be specific.

The best scholarship essays will share an authentic story with impactful details. The key is to be yourself and not shy away from personal details. The more the committee gets to know about you, the more likely they are to invest in your future. You want your essay to offer a genuine, in-depth look into who you are as a person.

2. Tell a story

Your essay should be more than a collection of facts—it should tell a story. That means having a solid introduction that grabs the reader’s attention from the very start. Then, you should include a logical flow of experiences or details. By the end of your essay, you want your reader to have learned something valuable about you.  

3. Tailor the scholarship essay to the prompt

Some of your scholarship essay prompts may be similar across different scholarship applications. However, it’s important that your essay is specific to each prompt and answers the question entirely. While you can repurpose an essay you’ve already written as inspiration or a starting point, be extra attentive when doing so.

4. Don’t tailor yourself to the reader

Many students fall into the trap of telling a story they think scholarship foundation committees want to hear. Instead, stay true to yourself as you craft your scholarship application essays. Don’t tell your reader what you think they want to hear—just tell them who you are. 

5. Follow directions

This final tip may arguably be the most important. Above all else, students should follow instructions. This means adhering to the scholarship essay format guidelines and word count. It also means answering the essay prompt in its entirety. Application readers can be easily frustrated by a student’s failure to follow directions. This could reflect poorly on you and your essay in the long run. 

Use these tips to guide you as you approach the scholarship essay format. 

Scholarship Essay Examples – Final Thoughts

We hope our roundup of scholarship essay examples has shown you how to approach your scholarship applications. With rising college costs, scholarships should be a part of your college financial planning process. Take the time to do your own scholarship search based on your specific interests. You can find plenty of scholarships to apply to on scholarships websites and college financial aid pages. There are many different scholarships websites to help you with your search. 

Save this guide

Feel free to save this guide and review our scholarship essay examples about yourself and about financial need. You can always look back on our scholarship essay sample about why I deserve the scholarship when writing your own essay. 

Start with an outline that organizes your thoughts. Then, make sure your essay is clear and concise. Be original and honest, and include personal details and anecdotes when appropriate. State why you deserve to win the scholarship. Then, support your claim in a way that makes a scholarship committee invested in your future. 

We’re here to help

Don’t forget to proofread your essay and ask others for their feedback. When in doubt, reach out to our advisors at CollegeAdvisor. Our team is always here to help support you find and apply for scholarships!

This article was written by Bailey Bennet. Looking for more admissions support? Click here to schedule a free meeting with one of our Admissions Specialists. During your meeting, our team will discuss your profile and help you find targeted ways to increase your admissions odds at top schools. We’ll also answer any questions and discuss how CollegeAdvisor.com can support you in the college application process.

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Scholarship Essay Writing

Scholarship Essay Examples

12 Winning Scholarship Essay Examples for Aspiring Students

18 min read

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Scholarship Essay – A Complete Guide With Examples

Scholarship Essay Format - Samples & Writing Tips

Practical Scholarship Essay Prompts For Students in 2023

Scholarships can be the key to your dreams of higher education, but the process often begins with one crucial step - the scholarship essay. 

A scholarship essay is not just another requirement. It is your chance to stand out from the competition and convince the selection committee that you are the perfect candidate deserving of their support.

However, crafting a winning scholarship essay is not an easy task. You are in competition with hundreds of applicants, and you need to get a lot of things right to stand out.

But don’t worry; reading some winning samples can help you understand how to write better scholarship essays. 

This blog presents 12 remarkable scholarship essay examples to inspire your success. These real-life essays, written by scholarship recipients, offer invaluable insights and strategies to help you secure funding for your education. 

So read on!

• 1. Financial Need Scholarship Essay Example for College
• 2. Leadership Scholarship Essay Examples
• 3. Scholarship Essay Example for Engineering
• 4. Nursing Scholarship Essay Example 
• 5. Scholarship Essay About Yourself
• 6. Winning Scholarship Essay Examples
• 7. Tips to Write a Winning Scholarship Essay 

Financial Need Scholarship Essay Example for College

Students often apply for financial assistance scholarships for their college education. Such scholarships require you to provide compelling reasons as to why you deserve financial aid. 

Here is an example that successfully caters to this question:

Why This Scholarship Essay Succeeded

This scholarship essay effectively conveys the applicant's financial need while also highlighting their determination and commitment to education. Here are some key elements that contributed to its success:

• Personal Story: The essay starts with a personal story about growing up in a single-parent household, providing context for the financial need. This makes the essay relatable and emotionally engaging.
• Specific Financial Challenges: The essay details the specific financial challenges the applicant faces, such as tuition, textbooks, and living expenses. Specificity adds credibility to the financial need.
• Explains the Significance of the Scholarship for Education: The essay explains how receiving the scholarship would positively impact the applicant's education, allowing them to focus more on studies and extracurricular activities.

Leadership Scholarship Essay Examples

When applying to programs for training young leaders, they often require you to write an essay. Here is a leadership scholarship essay sample:

Why This Scholarship Essay Worked

This leadership scholarship essay effectively showcases the applicant's leadership journey, growth, and suitability for the scholarship. Here are some key elements that contributed to its success:

• Personal Growth: The essay highlights the applicant's personal growth and development through their leadership experiences, demonstrating a clear understanding of what leadership entails.
• Specific Examples: The applicant provides specific examples of challenges faced and initiatives undertaken as a leader, adding credibility to their claims.
• Lessons Learned: The essay discusses the lessons learned, emphasizing qualities such as communication, teamwork, and empathy, which are essential for effective leadership.
• Alignment with Scholarship: The essay explains how the scholarship will support the applicant's continued leadership growth and commitment to making a positive impact.

Scholarship Essay Example for Engineering

Engineering schools have a strong vetting process to ensure that they only let in serious students. Writing a scholarship essay is their way of judging a student’s interests and capabilities. 

Check out this catchy sample:

Why this Engineering Scholarship Essay Worked

Here are some key elements that contributed to the essay’s success:

• Passion and Dedication: The essay clearly communicates the applicant's deep passion for engineering, emphasizing their lifelong commitment to the field.
• Specific Examples: The applicant provides specific examples of their experiences in engineering, such as the cooling system project and the sustainable housing initiative, demonstrating their practical application of engineering skills.
• Financial Need: The essay briefly touches upon the financial challenges faced by the applicant, which adds context to their need for financial support.
• Impact and Contribution: The essay discusses how receiving the scholarship will enable the applicant to focus more on their studies and research projects, emphasizing their desire to contribute meaningfully to the field of engineering.

Nursing Scholarship Essay Example 

Nursing institutions require hard-working and committed pupils. That’s why the scholarship essay is an essential part of their application process.

So, what does a good nursing scholarship essay look like? Here’s an example:

Why This Nursing Scholarship Essay Succeeded

This nursing scholarship essay effectively conveys the applicant's passion for nursing and their commitment to patient-centered care. Here are some key elements that contributed to its success:

• Passion for Nursing: The essay clearly communicates the applicant's passion for nursing, emphasizing personal experiences that ignited this passion.
• Continuous Learning: The essay highlights the applicant's commitment to ongoing learning and professional growth, which is essential in the nursing field.
• Community Engagement: The applicant showcases their involvement in community health initiatives and volunteering, demonstrating a dedication to improving healthcare beyond the clinical setting.
• Leadership Experience: The essay discusses leadership roles within the nursing program, emphasizing the applicant's understanding of nursing as a leadership role in healthcare.
• Impactful Clinical Experience: The inclusion of the palliative care unit experience adds a unique perspective. It also adds an emotionally resonant dimension to the essay, highlighting the applicant's dedication to patient-centered care.

Scholarship Essay About Yourself

Some scholarship essays require a more personal touch. Scholarship committees are interested to learn about your experiences and how you express them. 

Here is an example of an essay focusing on the applicant’s life experiences.

This scholarship essay effectively highlights the applicant's personal experiences and qualities that make them a suitable candidate for the scholarship. Here are some key elements that contributed to its success:

• Values and Background: The essay begins by establishing the applicant's background and values, emphasizing the importance of education and family sacrifices.
• Academic Excellence: The applicant showcases their commitment to academic excellence, including being named valedictorian, which adds credibility to their dedication to learning.
• Passion and Career Goals: The essay highlights the applicant's interest in psychology and mental health, revealing their career aspirations and a deep sense of purpose.
• Courage to Grow: The essay concludes with a strong commitment to education and the desire to use it as a tool for positive change in their community.

Winning Scholarship Essay Examples

You have read five scholarship essay examples with a complete analysis of why they were successful. Here are some more excellent examples that stand out due to similar reasons.

Read these samples and ask yourself, can you figure out why these essays catch the readers’ attention?

Sample Scholarship Essays

Sometimes, scholarship essays require a limited word count. You should always read the instructions and requirements of an essay before writing. 

Here are two scholarship essay samples with different word limits.

500-Words Scholarship Essay Example About Career Goals

250 Words Scholarship Essay Example

Scholarship Essay Examples for Different Academic Levels

These scholarship essay examples cater to various academic levels. They demonstrate how students at different stages of their education can craft successful essays.

Scholarship Essay Example For High School Students

Scholarship Essay Example For College Application

Masters Scholarship Essay Example For Students

Scholarship Essay Examples - Why You Deserve This

These examples focus on explaining why the applicants deserve the scholarship, emphasizing their qualifications, achievements, and aspirations.

Why I Deserve This Scholarship Essay Example

Why Should You Receive This Scholarship

There are many different prompts you can be assigned for your scholarship essay, so better be prepared. Check out this list of scholarship essay prompts to get a better idea!

Tips to Write a Winning Scholarship Essay 

The following are some useful tips and suggestions for writing a successful scholarship essay:

• Understand the Prompt: Carefully read and understand the essay prompt. Ensure that your response directly addresses the specific questions or topics provided. Tailor your essay to the scholarship's requirements.
• Plan and Organize: Start with an essay outline . Identify key points you want to cover and the structure of your essay. A well-organized essay with a clear introduction, body, and conclusion is more engaging and easier to follow.
• Be Authentic: Be true to yourself and your experiences. Authenticity resonates with scholarship committees. Share your genuine motivations, goals, and challenges, as it makes your essay more relatable.
• Address Your Audience: Consider your audience, that is the scholarship selection committees. Tailor your essay to their expectations and values, emphasizing how you align with the scholarship's mission and goals.
• Highlight Achievements and Impact: Showcase your accomplishments, both academic and extracurricular, and discuss the impact they've had on your life and your community. Explain how the scholarship will enable you to achieve even more.
• Express Your Passion: Demonstrate your passion for your field of study or the cause the scholarship supports. Explain why you are deeply committed and how the scholarship will help you make a significant contribution.
• Follow Instructions: Pay close attention to any specific instructions or requirements provided by the scholarship organization. Failure to comply with guidelines can lead to disqualification.
• Revise and Rewrite: After an initial draft, take time to revise and rewrite your essay. Don't hesitate to make substantial changes if necessary to improve clarity, coherence, and impact.
• Seek Feedback: Have someone else, such as a teacher, mentor, or family member, review your essay. Fresh perspectives can identify areas for improvement.

To conclude,

These essay examples were a good way to start. You’ve read and learnt the qualities that made them successful. Now, it’s your time to apply what you’ve learnt to your own scholarship essays.

Remember, crafting a winning scholarship essay takes time and effort. Be authentic and convey your aspirations, achievements, and the impact you hope to make. With dedication and these valuable tips, you can create a compelling scholarship essay that helps you achieve your education goals.

In addition, we understand that writing a scholarship essay can be incredibly difficult due to the high stakes. But don’t let the stress takeover, let our professional scholarship essay writing service handle it. 

Our expert writers have written hundreds of successful scholarship essays with a high rate of success. Don't wait any longer, get in touch with our paper writer service today and let us help you achieve your academic goals!

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Scholarship Essays

Statement of Financial Need Scholarship Essay Example

Tell us about your need for this scholarship.

The value of education is something that I have understood since a very young age. Neither of my parents had an opportunity to attend college, and faced many struggles in their personal and professional lives because of this. They made a commitment early in my life to do everything within their power to instill in me a love of learning and an understanding of the importance of hard work and dedication.

Because of their love and sacrifice over the years, I have been able to devote the time and energy necessary to academic accomplishment even though money has always been tight. In my senior year at XYZ High School, I have a 3.9 grade-point average and have been named Salutatorian of my graduating class. In addition to focusing on my own studies, I also worked as a math and science tutor throughout my years in high school as a way of contributing to my family's budget.

Additionally, I have also been active in my school and community outside of the classroom, serving on the student council as Secretary Treasurer for two years, serving as an officer in the Future Engineers of America chapter at my school, and volunteering at a local Boys & Girls Clubs of America chapter during school breaks.

My family has made many sacrifices to allow me to focus on education throughout primary and secondary school. I now have an opportunity to become the first person in my family to attend college, though I'm in need of financial assistance to realize what has been a long-term goal for me and a dream for my parents.

If selected for this scholarship, I will continue to apply the same diligence to my collegiate studies as I have to this point, making education and service to others my top priority. I will represent your organization well during my years in college and beyond. Thank you in advance for your consideration.

Original Source: College.Lovetoknow

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Why This Common App Essay Worked: Prompt #2 “The Lessons We Take…”

Working on your Common App essay and thinking about this prompt? Then read on to learn how to answer this in a compelling essay and read two examples of essays that worked!

The lessons we take from obstacles we encounter can be fundamental to later success. Recount a time when you faced a challenge, setback, or failure. How did it affect you, and what did you learn from the experience?

Everyone has faced obstacles of some kind: a struggle with health, a failed personal project, or a financial hardship. This prompt is relevant to most people applying to college – which isn’t a bad thing. 

The most important part of writing a personal statement is to show admissions committees how you think about the world and respond to challenges rather than to come up with an entirely new angle or topic. That being said, you probably should not write about a time that you received a bad grade or lost a sports game. Those narratives are overdone and won’t allow admissions officers to get insight into your unique perspective.

What colleges want to see is your ability to be mature, resilient, and thoughtful; they want evidence that you are able to handle the independence and challenges of college. Show the admissions committee how you faced an obstacle, but responded with a creative and dignified solution instead of giving up. Be vulnerable – show your insecurity, regret, and fears. Finally, as indicated in the prompt, describe what you learned and the experience’s permanent significance. If you can’t think of such an impact, you probably shouldn’t be writing your personal statement about the situation. Remember, your personal statement is like your introduction – make sure you’re telling them an important story! 

The linearity of this prompt allows you to follow a pretty straightforward outline for your essay: context, obstacle, reaction, result. Putting these parts together, you’ll have a well constructed personal essay! We outlined the basic questions that should be answered in response to this prompt by component (context, obstacle, reaction, and result), but these are fluid and may be placed in whatever section makes the most sense for your narrative. 

Below, CollegeVine breaks down a finalized version of a real essay that we worked on with a student who addressed this prompt. 

Make Sure to Establish Enough Context

Outline the situation leading up to the event.  Make sure you hit the basics: who, what, where, why? It is also important to note whatever your pre-state was.

For example, the author of the sample essay overcame his fear of public speaking to pay tribute to a beloved coach. This triumph would have been much less meaningful had he not outlined his fear earlier in the essay. You need to give the admissions committee enough detail to understand how you evolved.

“Getting beat is one thing – it’s part of competing – but I want no part in losing.” Coach Rob Stark’s motto never fails to remind me of his encouragement on early-morning bus rides to track meets around the state. I’ve always appreciated the phrase, but an experience last June helped me understand its more profound, universal meaning.

Stark, as we affectionately call him, has coached track at my high school for 25 years. His care, dedication, and emphasis on developing good character has left an enduring impact on me and hundreds of other students. Not only did he help me discover my talent and love for running, but he also taught me the importance of commitment and discipline and to approach every endeavor with the passion and intensity that I bring to running. When I learned a neighboring high school had dedicated their track to a longtime coach, I felt that Stark deserved similar honors.

Here, the author describes why he was so fond of his coach as well as his desire to dedicate the school track to Stark. He hits the who (Coach Stark), what (desire to dedicate the track in Stark’s honor), where (high school), and why (the important lessons that Stark has imparted). 

The author also hints at his future personal development – “to approach every endeavor with the passion and intensity that I bring to running.” He also implies that he will fail to meet his original goal in the opening quote, “ getting beat is one thing – it’s part of competing – but I want no part in losing.” Hinting at the lesson you will eventually learn is an effective strategy. It allows to admissions committees to read your personal statement with the final lesson in mind, making the essay simpler to follow and priming the reader so that your conclusion is easy to understand.

The author comes across as caring by wishing to dedicate the track to his coach, thoughtful in the way he is aware of the impact that Stark has had on him, and driven in his ability to identify and pursue a selfless project. These qualities will appeal to a college admissions committee which wishes to build an intellectual and kind community on campus.

Clearly Define the Obstacle

Who or what got in your way? To what extent were you responsible for the obstacle?

Our school district’s board of education indicated they would only dedicate our track to Stark if I could demonstrate that he was extraordinary. I took charge and mobilized my teammates to distribute petitions, reach out to alumni, and compile statistics on the many team and individual champions Stark had coached over the years. We received astounding support, collecting almost 3,000 signatures and pages of endorsements from across the community. With help from my teammates, I presented this evidence to the board.

They didn’t bite.

Here, the author makes it clear that he came up with a plan in which he felt confident. The author does a good job of showing, rather than telling, the ways in which he addressed the issue at hand. Instead of saying he put together a plan, the author lists individual efforts that he took, which allows the reader a fuller understanding of the lengths to which he went. This is crucial as it gives the admissions committee better insight into the way in which the author approaches lofty goals; he uses many approaches (petitions, alumni testimonies, and statistics) to support his argument. 

The short and separated sentence – “ They didn’t bite.” – comes as a contrast to the long list of preparations that the author had organized. It implies that the board was both curt and absolute in their rejection of his plan. Here, we learn of the real obstacle – and lesson – that the essay focuses on: the importance of not giving up. The message of the opening line of the essay – “G etting beat is one thing – it’s part of competing – but I want no part in losing,” – is relevant here. The author experienced initial failure, but isn’t passively accepting a loss just yet. In the next paragraph, the author describes how he tried to persuade the school board a second time. 

Go In-depth About Your Reaction

This is the most important part. Colleges want to know how you think about things or handle stressful situations!

Did you make a plan? Collaborate with teammates? Have an open conversation with your parents? How did you work around the challenge? It is important to also describe your emotional response; were you hurt, invigorated, sad, angry, surprised? In what ways did you handle this emotion? Was your response mature? What was your first (emotional) response? How did your thoughts or feelings change over time? Finally, what plan did you make?

Most members argued that dedicating the track was a low priority. Knowing that we had to act quickly to convince them of its importance, I called a team meeting where we drafted a rebuttal for the next board meeting. To my surprise, they chose me to deliver it. I was far from the best public speaker in the group, and I felt nervous about going before the unsympathetic board again. However, at that second meeting, I discovered that I enjoy articulating and arguing for something that I’m passionate about.

Public speaking resembles a cross country race. Walking to the starting line, you have to trust your training and quell your last minute doubts. When the gun fires, you can’t think too hard about anything; your performance has to be instinctual, natural, even relaxed. At the next board meeting, the podium was my starting line. As I walked up to it, familiar butterflies fluttered in my stomach. Instead of the track stretching out in front of me, I faced the vast audience of teachers, board members, and my teammates. I felt my adrenaline build, and reassured myself: I’ve put in the work, my argument is powerful and sound. As the board president told me to introduce myself, I heard, “runners set” in the back of my mind. She finished speaking, and Bang! The brief silence was the gunshot for me to begin.  

In this section, the author shows the admissions committee how resilient he is by organizing a rebuttal to the board’s initial ruling. The detail about being selected by his team to present is also crucial; it shows that he has been identified by his peers as a leader. 

Moreover, his hesitation to present (his pre-state) is essential to the later connection he makes between running and speaking publicly with ease. He handles a negative emotion (nervousness) with ease and maturity, reframing it as an opportunity to be a powerful speaker and sound orator. Crucially, the author doesn’t just tell us that he’s nervous, but brings us into the physical and psychological experience.

This detailed description allows the reader to empathize with the author; we have all experienced nervousness and know how difficult it can be to overcome, and the author allows the reader to mentally enter an anxious state. Putting the reader into your emotional experience (here, being anxious) makes whatever reaction you have (here, speaking well in front of a group of people) seem more impressive. Instead of simply telling us that he spoke in front of the board, the author brings us into the room with him to highlight his accomplishments!

The author also makes a connection to overcoming his fear of public speaking to performing well under pressure at track meets. In this way, the author is able to connect all of the valuable life skills that track taught him without doing so in a cliche or contrived fashion. This connection is creative and ties the narrative back in with the essay’s broader themes. It shows the admissions committee that the author is capable of understanding how and why he behaves the way he does, which is a sign of maturity. Colleges are more interested in how you think about the things you do than they are interested in the things you do. 

Colleges want to see that you have an optimistic and opportunistic approach to obstacles. People generally like people who are positive, which the author certainly comes across as here. Instead of being shut down by a challenge, show admissions committees how you used it to fuel your fire!

Discuss the End Result

Talk about to what degree your efforts were successful. Even if you didn’t meet your original goal, what did you learn? Importantly, how are you applying these lessons now?

The next few minutes blurred together, but when the dust settled, I knew from the board members’ expressions and the audience’s thunderous approval that I had run quite a race. Unfortunately, it wasn’t enough; the board voted down our proposal. I was disappointed, but proud of myself, my team, and our collaboration off the track. We stood up for a cause we believed in, and I overcame my worries about being a leader. Although I discovered that changing the status quo through an elected body can be a painstakingly difficult process and requires perseverance, I learned that I enjoy the challenges this effort offers. Last month, one of the school board members joked that I had become a “regular” – I now often show up to meetings to advocate for a variety of causes, including better environmental practices in cafeterias and safer equipment for athletes.

Just as Stark taught me, I worked passionately to achieve my goal. I may have been beaten when I appealed to the board, but I certainly didn’t lose, and that would have made Stark proud.

Despite being disappointed in his failure to meet his original goal, the author responds positively: proud of his and his teammates’ hard work. 

The author also addresses his post-state by answering the last question of the prompt (how the obstacle affected you and what you learned from the experience). In this example, the author’s post-state is uncovering a passion for advocacy and evolving into a more confident leader. He outlines specifically the way in which he learned to stand up for the causes he believes in and overcame his fears of public speaking and leadership. 

Importantly, the author’s resiliency is embodied by not being dissuaded by his first unsuccessful attempt to make a change. He shows that he is applying the lessons he learned “to advocate for a variety of causes, including better environmental practices in cafeterias and safer equipment.” This hint at his other interests, environmental and safety policies, encourages the admissions committee to learn more. Ideally, the author’s mention of these interests should be backed up in his activity list – perhaps, for example, through involvement with his school’s Sustainability Club or recent recycling initiative. 

Finally, the author pays respect to the man who first inspired him. Importantly, this essay allows the author to explore all that he learned by being an athlete without writing a cliche essay on the topic. 

Want More Insight?

The original version of this essay along with our edits and higher-level notes can be found in a download here. We’ve also thrown in a second sample essay to help you see more of the same patterns and strategies discussed above in action. For insight on the other prompts, be sure to check out our other Common App posts . 

Want help with your college essays to improve your admissions chances? Sign up for your free CollegeVine account and get access to our essay guides and courses. You can also get your essay peer-reviewed and improve your own writing skills by reviewing other students’ essays.

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Finance Essay Examples

Top 5 Finance Essay Examples to Help You Ace Your Next Assignment

16 min read

Published on: May 7, 2023

Last updated on: Jan 31, 2024

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Many students struggle with writing finance essays due to the technical language and vast topics to cover.

It's easy to feel overwhelmed and unsure of where to start, resulting in poorly written papers that don't meet academic standards.

With the right approach and tools, you can learn the art of finance essay writing and achieve academic success.

In this blog, we'll provide practical examples and expert tips to help you craft winning finance essays.

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Financial Analysis Essay Examples

Check out the following examples to get a better understanding of financial analysis essay examples. 

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Financial Situation Essay Examples

Want a perfect example of a financial situation essay? Read the following example!

Bank financial situation essay

Examples Of Financial Need Essays

Here is a perfectly written financial need essay for you! 

Financial need essay for college

Financial Literacy Essay Examples

Want a top example of a financial literacy essay example? Here is a perfectly written essay sample! 

Financial literacy essay example

Financial Goals Essay Examples

Read the following example of a financial goals essay! 

Financial goals essay sample

The following essays are perfect examples of financial situation essays. Give them a read to get inspiration for your next essay. 

Financial Hardship Essay Examples

Get inspiration for your next financial essay from these examples!

Financial Aid Essay Examples

Financial aid essay for an undergraduate essay

In conclusion, writing a financial essay can seem like a daunting task, but with the right guidance, it can be a rewarding experience. The examples we've provided in this blog post are just a small sample of the many financial essay topics that you can explore. 

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FINANCIAL TERM

Financial hardship.

Definition Explained with Real-life Examples and Strategies for Success

What is a financial hardship here’s what you should know.

Are you struggling to grasp the concept of financial hardship, or simply curious to understand its implications in the world of finance?

Look no further! In this informative post, we will delve into the financial hardship definition, exploring its various dimensions and significance in our everyday lives. By continuing to read, you’ll gain a deeper understanding of this crucial term and learn how it influences individuals and businesses.

So buckle up, and let’s embark on this exciting journey to unravel the mysteries behind financial hardship and its impact on the world of finance!

Here’s What You Will Find:

Financial hardship definition.

Financial hardship is when an individual or an entity, such as a business, experiences difficulty meeting their financial obligations due to unforeseen circumstances, changes in their economic environment, or personal setbacks.

This condition typically arises when the individual’s or entity’s income or cash flow is insufficient to cover their debts, living expenses, or other financial commitments. Financial hardship may be temporary or persistent, depending on the nature of the contributing factors and the affected party’s ability to recover and regain financial stability.

Several factors can contribute to financial hardship, including but not limited to the following:

Unemployment or underemployment

Losing a job or having insufficient working hours can lead to decreased income, making it difficult to meet financial obligations.

Illness or injury

Medical emergencies, long-term illness, or disability can result in unexpected medical expenses, reduced income, or both, leading to financial hardship.

Divorce or separation

The financial burden of legal fees , splitting assets, and the need to maintain separate households can strain both parties.

Natural disasters or economic downturns

Unforeseen events such as floods, hurricanes, or a recession can lead to property damage, loss of income, or job loss, resulting in financial hardship.

Poor financial management

Excessive debt, overspending, or a lack of financial planning can also contribute to financial hardship.

Financial hardship can have serious consequences for individuals and businesses, including:

• Accumulation of debt: The inability to meet financial obligations may increase debts, such as overdue bills, loans, or credit card balances.
• Damage to credit rating: Late payments, defaults, or bankruptcy can negatively impact credit scores, making it difficult to obtain credit in the future.
• Legal action: Creditors may initiate legal action to recover debts, which can lead to wage garnishment, repossession of property, or even foreclosure.
• Emotional and mental stress: Financial hardship can lead to feelings of anxiety, depression, or hopelessness, affecting personal relationships and overall well-being.
• Business failure: For businesses, financial hardship may lead to layoffs, reduced operations, or, in extreme cases, bankruptcy and closure.

Understanding the financial hardship definition is essential to recognizing its implications and identifying potential solutions or assistance programs that can help alleviate the financial burden for those affected.

Real-Life Example:

John, a 42-year-old father of two, was working as a marketing manager at a mid-sized company. He had a stable job and a mortgage on his suburban home and was gradually paying off his car loan. His wife, Sarah, worked part-time as a school teacher. Together, they had a comfortable lifestyle and saved a modest amount each month.

Unfortunately, due to an economic downturn, the company John worked for faced significant financial challenges and had to downsize. John was laid off, and his family’s main source of income was suddenly gone. As John struggled to find a new job, their savings dwindled.

During this period, Sarah’s income alone was insufficient to cover the family’s mortgage payments, car loan installments, and other living expenses. They began relying on credit cards to cover day-to-day expenses, quickly accumulating a substantial balance.

John and Sarah’s situation is an example of financial hardship. The sudden loss of John’s job and the economic downturn left them unable to meet their financial obligations. The family’s mounting debt, the potential damage to their credit rating, and the emotional stress of their financial struggles exemplify the consequences of financial hardship.

In this scenario, John and Sarah may seek various solutions to alleviate their financial burden, such as refinancing their mortgage, negotiating with creditors for more favorable payment terms, or exploring debt consolidation options. Additionally, they could look for government assistance programs or local charities to help with their immediate needs while John continues searching for a new job.

Final Thoughts

Understanding the financial hardship definition is crucial for recognizing the challenges and consequences associated with difficult financial situations. By being aware of the factors contributing to financial hardship, individuals can take proactive steps to mitigate risks and make informed decisions about their finances.

Remember always to borrow responsibly, plan for unexpected life events, and maintain an emergency fund to help cushion the impact of potential financial setbacks. By doing so, you’ll be better equipped to navigate the complexities of financial hardship and maintain a stable and secure financial future.

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5 Financial Hardship Examples + FAQ

Financial hardship can strike anyone, at any time. As we navigate through life, we are bound to face various challenges that test our financial resilience. This blog post delves into some common examples of financial hardship, offering practical advice to help you bounce back and regain control of your financial situation.

Common Financial Hardship Examples

Let’s explore five typical financial hardship scenarios and how they can be managed effectively.

Losing your job can be a significant financial setback. However, there are steps you can take to mitigate the impact:

• Apply for unemployment benefits .
• Review and revise your budget to cut expenses.
• Search for new job opportunities or consider retraining for a different career.

Medical Expenses

Unexpected medical expenses can put a dent in your finances. Here’s how to handle them:

• Review your insurance coverage to determine what expenses are covered.
• Negotiate payment plans with your medical providers.
• Look into medical assistance programs or charities for help.

Divorce or Separation

The financial aftermath of a divorce or separation can be challenging. Consider these tips to regain stability:

• Reassess your budget and prioritize essential expenses.
• Seek legal counsel to ensure a fair division of assets.
• Establish separate financial accounts and credit lines.

Natural Disasters

Natural disasters can cause financial hardship due to property damage or loss of income. Here’s what you can do:

• Contact your insurance company to file a claim.
• Apply for disaster assistance from government agencies.
• Seek temporary housing and employment if needed.

Unexpected Expenses

Unexpected expenses, such as car repairs or home maintenance, can strain your finances. Here’s how to manage them:

• Establish an emergency fund to cover unexpected costs.
• Consider taking out a personal loan or using a credit card for short-term financing.
• Prioritize paying off high-interest debt to minimize long-term financial impact.

“People Also Ask” about Financial Hardship Examples

What is considered financial hardship? Financial hardship occurs when an individual or household is unable to meet their financial obligations due to unforeseen events or circumstances that negatively impact their income or expenses.

How can I overcome financial hardship? To overcome financial hardship, it’s essential to assess your situation, create a budget, prioritize essential expenses, seek assistance, and develop a plan to regain financial stability.

What are some resources available to those facing financial hardship? A: Resources include government assistance programs, non-profit organizations, and financial counseling services.

How can I prevent financial hardship in the future? A: Establishing an emergency fund, maintaining a budget,

What are common reasons for financial hardship? Common reasons for financial hardship include job loss, medical expenses, divorce or separation, natural disasters, and unexpected expenses.

How do you express financial hardship? To express financial hardship, clearly communicate your situation, outline the factors causing your hardship, and describe the steps you’re taking to resolve the issue. Be honest and provide supporting documentation when necessary.

What does financial hardship mean? Financial hardship means facing difficulty in meeting financial obligations due to unforeseen circumstances or events that negatively impact one’s income or expenses, making it challenging to maintain a stable financial situation.

What do you say in a financial hardship letter? In a financial hardship letter, include the following:

• A clear statement of the financial hardship you’re experiencing.
• An explanation of the events or circumstances leading to the hardship.
• A detailed account of your current financial situation, including income, expenses, and debts.
• Steps you’ve taken to address the hardship and any assistance you’ve sought.
• A specific request for help or accommodation, such as a reduced payment plan, forbearance, or loan modification.
• Supporting documentation, if applicable.
• Your contact information and a thank you for considering your request.

Conclusion on Financial Hardship Examples

Facing financial hardship can be a daunting experience, but understanding the common causes and implementing practical strategies can help you regain control of your financial situation. By proactively addressing your circumstances, seeking assistance, and making informed decisions, you can overcome financial hardship and build a stronger financial foundation for the future.

Read more links:

• 30 Examples of Trustee Self-Dealing
• Cash Balance Pension Plan Example

Home — Essay Samples — Psychology — Resilience — Examples Of Hardships In My Life

Examples of Hardships in My Life

• Categories: Empathy Resilience

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Words: 597 |

Published: Mar 13, 2024

Words: 597 | Page: 1 | 3 min read

Table of contents

Loss of a loved one, academic challenges, financial struggle, lessons learned.

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the Nature of Crisis: a Multi-Dimensional Perspective

This essay about defining crisis examines its complex nature across multiple dimensions including psychology, society, economics, and the environment. It explores how crises manifest as pivotal moments of intense difficulty that demand significant decisions, highlighting the personal, societal, and environmental impacts. The essay discusses the stages of a crisis, from trigger events to resolution, and emphasizes the importance of effective management and response strategies. It also considers how crises can drive innovation and reform, suggesting that they test resilience and adaptability, ultimately leading to progress and development when managed successfully. Through a comprehensive examination, the essay reveals the multifaceted character of crises and the critical responses they necessitate.

How it works

Crisis is a term that often conjures images of turmoil and upheaval, affecting individuals, communities, or even nations. It represents a point of intense difficulty or danger, where the decisions made can result in significant change. The essence of a crisis lies not just in the events themselves but also in the responses they demand and the outcomes they precipitate.

The concept of crisis is multi-faceted, operating across various domains such as psychology, sociology, economics, and environmental studies, each adding layers to its definition.

In psychology, a crisis is a pivotal moment when an individual faces an obstacle that is, for the time being, insurmountable through usual problem-solving methods. This definition underscores the personal aspect of crisis, highlighting the intense emotional and mental stress that can occur when one’s standard coping mechanisms fail in the face of a challenge.

In a broader societal context, crises can manifest as economic downturns, political instability, or significant social unrest. Here, the term describes scenarios where the structures that support daily life are disrupted, creating widespread uncertainty and hardship. The economic crisis, for instance, involves a sudden and significant decline in financial stability, which can lead to job losses, homelessness, and a decrease in consumer confidence. This type of crisis not only impacts the immediate economic conditions but also affects long-term growth prospects and the overall well-being of a society.

Environmental crises, such as natural disasters or climate change, highlight another dimension where the term applies. These situations often require immediate, coordinated responses to mitigate damage and provide relief. The defining feature of environmental crises is their capacity to alter landscapes, displace populations, and necessitate significant shifts in how communities operate and governments function.

The complexity of a crisis can often be understood through its stages of development. Initially, there is a trigger event that disrupts the status quo. This is followed by a period of escalation, where the effects of the trigger event become more pronounced and potentially spiral out of control. The peak of the crisis is typically where the highest intensity and greatest uncertainty are felt. Subsequently, the de-escalation phase occurs, involving efforts to manage and contain the crisis, aiming to restore order and stability. Finally, there is the resolution phase, where strategies are implemented to address the root causes and to mitigate future risks.

Responses to crises are as varied as their causes. Effective crisis management often involves a blend of immediate action and long-term strategy. It requires clear communication, robust planning, and often, an innovative approach to problem-solving that considers both human and systemic factors. Leaders and decision-makers play crucial roles during crises. Their ability to make informed, empathetic, and decisive choices can greatly influence the outcome and recovery process.

Moreover, crises often catalyze reform and innovation. The adversity and urgency of a crisis can break bureaucratic inertia and economic complacency, paving the way for new technologies, policies, and practices. For example, the global financial crisis of 2008 led to increased regulatory reforms in financial markets around the world, aiming to prevent a similar catastrophe. Similarly, the ongoing challenges of climate change are driving innovations in renewable energy and sustainable practices that might not have received the same focus without the pressing need imposed by environmental concerns.

In conclusion, a crisis is not merely a moment of conflict or danger but a test of resilience and adaptability. Whether it impacts an individual or spans across global systems, the defining characteristic of any crisis is the need for an effective response. Through understanding the intricate dynamics of crises, we can better prepare for and respond to the inevitable challenges they present. This comprehension is crucial not just for survival but for the progress and development that often follows in the wake of successfully navigated crises.

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