Scholarships are definitely the better options for paying for college since they do not need to be repaid. However, the selection of the appropriate scholarship depends on individual expertise
and gives best results when supported with proper research. The research should be in a systematic way. Here are some points you may need to think on before applying for scholarships.
1. Broaden your search by looking in a number of fields like internet, books, libraries and you may also contact financial aid counselors for the purpose.
2. Be specific about your interest of study. This will narrow down your search.
3. Check for scholarships awarded on the basis of residence in a particular community for long. You might just qualify for one.
4. Scholarships and the list of awardees are published in the newspapers. They may be contacted for some first hand information about the offer.
5. Utilize search services to the maximum.
6. Once you shortlist the programs, prepare yourself for the application process and have the rough drafts ready.
7. Make sure you apply for the programs of your choice well within the deadlines.
Planning to give the best shot in both is a challenge.The key word here is balancing! 
Parents get frightened by the fact of to pay thousands of dollars for an education. 
For post secondary education, Federal government has launched loan program. 
Scholarship scams - because many students competing for scholarship.