There are millions of dollars in private scholarships available each year. Companies, unions, foundations, community organization, churches, and others sponsor scholarships ranging from a few hundred dollars to a free ride for all four years of college. Searching for scholarships takes time and energy, but remember: it's free money. Even if you spend five hours applying for scholarships and receive only a $500 scholarship, that's still the same as earning $100 an hour—not bad! To make things easier, keep these tips in mind.