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If you think your child has a better shot at winning the lottery than getting a scholarship, here's some great news. Billions of dollars in scholarship money are available to college-bound high schools students, current undergraduates, and even graduate students.

Each year, companies and organizations award scholarships for a variety of reasons, not just for academic excellence. In fact, some scholarships don't consider GPA or SAT scores at all.

The NextStudent Scholarship Search Engine offers free access to these and over 5.9 million different scholarship awards, valued at more $16 billion. Students simply log on, create a personal academic profile, and the NextStudent Scholarship Search Engine will select the scholarships for which they're eligible. New scholarships are added all the time, so it pays to search often. It's also advertising free and completely private-we never sell or share confidential data.

For more information about searching for scholarships, download our helpful guide Help Your Child Succeed: The Search for College Scholarships. Whether your child receives $500 or $5,000, scholarship money is literally a gift of cash because it costs you nothing and never has to be repaid.

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Last updated Sunday, November 08, 2009