<p>A quick anectodal story: D applied for, and received a local scholarship for $750 per year. It was specific only to region and very generally, to academic major. In her junior year, the scholarship was increased to $2,000 without any explanation. D’s school’s policy is to allow outside scholarships without reducing school grants, so this was great. Turns out the funding foundation gave her more because fewer kids were applying.</p>
<p>So, better to apply than not. Also, keep in mind that many of these applications are due before the student decides on a school, so even though cptofthehouse is 100% correct, you might not know what your child’s school’s policy will be until he/she actually receives the scholarship (this happened with S - $3500-4500 per year straight to the college).</p>