Scholarship plays vitally important role in the life of students. The right scholarship can set a college-bound student on the road to success. Scholarships provide much needed financial aid, as well as a certain degree of prestige, for the student honoree. It is a common misconception that scholarships are only available to students with the highest GPA or the grades. There are scholarships out there for all types of students. The secret is to know what kinds of scholarships are available, and where to look for them. Let's take a moment to consider the different types of scholarships that are available to the right college-bound student.