When my son and I started on his journey to winning over $95,000 in scholarships, we did so purely for financial reasons. We had not done the proper saving and financial preparation for college, which would have allowed my son to go to college without significant student loan debt. However, as he started to win scholarships, we quickly realized that there are benefits beyond just the money scholarships provide. Here are five of the non-monetary benefits that students receive by applying for scholarships.