Scholarships are a big deal for most students. Winning even a single award can cut down on tuition, books, and other fees. But there's a lot of misinformation out there about deadlines and eligibility, so we've made a short video to bust the 5 biggest scholarship myths.

Check it out!

Pressed for time? Here's a quick rundown of the video.

Myth #1: I don't have the grades!

Fact: 86% of awards don't care about your marks

Myth #2: There's too much competition!

Fact: 59% of scholarships want more applicants

Myth #3: Only schools give out scholarships

Fact: Over 10,000 scholarships come from other organizations

Myth #4: All scholarship deadlines are in spring

Fact: Scholarship deadlines happen year-round

Myth #5: I'm not in financial need

Fact: Only 32% of awards ask about financial need!

ScholarshipsCanada.com: There's a scholarship for you!

Find lots of good advice on ScholarshipsCanada!

This video was produced by VFX artist Thomas Meijer. Thanks Thomas!