A Scholarship Consultant is a individual that specializes in finding grants and scholarships for the college bound. The business can be challenging at times but is usually very rewarding. Learn how to get your business started.
Interest and knowledge in scholarships and grants.
College education is suggested, but not required.
Out going personality.
Step1
Determine if the business is for you: A Scholarship Consultant must be able to do allot of research and be able to work with a variety of people. A consultant will not be writing college essays or filling out every form but they are responsible for proof reading the documents to avoid errors. Editing abilities is a must.
Step2
Research: Check the zoning laws in your community, a consultant usually has clients come to their houses to check over financial forms. If you are not already educated on finding grants and scholarships for student of all backgrounds and ages this is the time to start. Do not let your first client be the one you start you research on. You may want to sign up for sites especially for Scholarship Consultants to find the most remote grants. The monthly cost for such sites are about $50 a month (first month is usually free). There is usually no license required but its best to check out local regulations.
Step3
Market to your target market: The usual client is parents not having the time or experience to help their kids find funding for College. Start advertising in your community were mothers usually go, such as the grocery store, hair dresser, library, and the mall. Also try putting a small ad in the news paper.
Step4
Deliver the service: Make sure all clients get your full attention when you are working for them. Keep a log book to note how much time was spent with each client, if you find your self working to long with a client you may consider trying other methods or charging more. Consultants are usually paid around $20 to $30 an hour.
Comments
JulieMayfield said
on 7/20/2008 Neat idea!
TeryLynne said
on 7/18/2008 Great article! 5*****
welch said
on 7/18/2008 Thanks! great Article