New scholarships are born, even in economic downturns.

Even as many of us find our wallets thinner and our bills more difficult to manage, announcements of new scholarships continue to appear in the news. Many such scholarships are born as memorials to those who have recently passed on.

Just to give you an idea about the many scholarships available all over this great nation, we highlight one such scholarship which was announced just last week.

Our example is the Eve Marie Carson Carolina Way Scholarship, set up in memory of a much-loved student of the University of North Carolina at Chapel Hill, who died in March of 2008.

Carson was a student at UNC who served as student body president. The scholarship is named Carolina Way, because Carson often referred to the Carolina Way, which she defined as "excellence with a heart."

This simple definition gives insight to what it takes for students to receive this scholarship. "Recipients will be chosen for academic excellence, observable optimism and enthusiasm, and a proclivity to connect and engage diverse people," reads the announcement.

Carson herself was not a resident of North Carolina, but was from Georgia. Perhaps this is why the scholarship actually gives preference to out-of-state students -- and therefore offers a substantial discount to the student who wins this scholarship.

UNC is a state university, and as such offers a lower tuition for in-state students -- $4,066 per year. Tuition for non-residents is listed at $21,954. Quite a difference! The Carolina Way Scholarship covers full tuition, fees, and room and board. Oh, yeah. And summer enrichment opportunities and study abroad. Wow!
Such an opportunity makes this university very attractive to a lucky non-resident who can pull down this scholarship.

Referenced article: Morehead-Cain Honors Carson With New Scholarship

Did I say lucky?

Rather, it takes - not luck - to get good scholarships like this one. Instead, those who look ahead and prepare themselves can become the good candidates that colleges and universities are looking for. The scholarships are out there! Be sure to help your student become the type of applicant they are seeking.

Prepare now! Prepare to win!