The average scholarship or grant aid per student amounts to $9,520, according to a 2019 report. These grants can be federal, state, employer, institutional, or private.
Many scholarships offer smaller amounts of money (for example, from $50 to $500), but they shouldn’t be taken lightly. Sometimes they can come in handy to cover the expenses for textbooks or lab fees. Full-ride scholarships can cover 90% or even all college expenses, but such scholarships are extremely hard to get.