Good news – the acceptance letter you've been waiting for has arrived! Now, the question remains: How are you going to pay for school? You may have received a financial aid package from the school, or maybe you won a stipend for books. So now you're looking at scholarship options to help fund the rest of your education.

However, those scholarship deadlines are looming, and your SAT or ACT scores need to be somewhat higher to make you eligible to apply. So this is what you need to figure out: Will you be able to successfully study for the SAT or ACT, retake the test and get your new and improved scores back in time to submit them with your scholarship applications?

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