Do Un-awarded Scholarships Really Exist?

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If you’ve searched for scholarships, then you’ve heard about the mystical un-awarded accolades. You know—the bazillions of dollars in scholarship cash just sitting out there without anyone to spend it.

While there are un-awarded scholarships (a 2005 report hypothesized that approximately $100 million in scholarship dollars goes un-awarded each year), the Internet has exaggerated this concept.

I would rather focus on under-awarded scholarships, which are scholarships that receive very few applicants. Why? Because, the odds are in your favor to win more of these kinds of awards.…