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  1. Scholarships, grants and bursaries are types of financial assistance that you don’t have to pay back. Scholarships are typically based on merit, while grants and bursaries usually take financial need into consideration as well. Some scholarships, grants and bursaries are also based on academic achievement, athletic skill, extra-curricular ...

  2. Apr 16, 2024 · Merit-based aid is provided to you based on your achievements and interests. There are several different types of merit-based aid such as academic and athletic scholarships along with scholarships by skill. Need-based aid is dependent on your financial circumstances. Need-based aid includes grants, loans, and scholarships.

    • What Is A Merit-Based Scholarship?
    • How Do Merit Scholarships Work?
    • How to Get Merit Scholarships
    • How to Negotiate Merit Scholarships

    A merit-based scholarship awards money for college to applicants who demonstrate high achievement and accolades. Merit awards may be available for students who rank highly in grade point average (GPA), standardized test scores, extracurricular recognition, athletic performance, leadership involvement or community work. This differs from need-based ...

    Merit-based scholarshipsare a valuable source of financial aid. Although you might have excelled in a particular area of academia or extracurricular, there are still rules you’ll need to follow to earn merit scholarships.

    The first place to look for merit scholarships is through your school and your degree department. Some institutions offer school-wide merit scholarships to eligible students, while other awards are funded by individual department budgets and are available to select students who’ve declared a major within their college. After exhausting campus-based...

    If you’ve been offered a merit scholarship for only a portion of your college costs, you might not think twice about it. But in reality, some merit-based scholarships are negotiable. For example, this might come up if your top school offered you a 50% merit scholarship to cover tuition and fees, but your backup school has given you a full-ride scho...

  3. Merit-based scholarships, sometimes called merit scholarships, are awarded based on academic, artistic, or athletic skills as well as civic engagement (i.e., volunteering in the community) or leadership in extracurricular activities. The most prestigious—and therefore most competitive—merit-based scholarships recognize students who excel in ...

    • are scholarships based on academic merit and public loan1
    • are scholarships based on academic merit and public loan2
    • are scholarships based on academic merit and public loan3
    • are scholarships based on academic merit and public loan4
  4. May 12, 2021 · The labels “grant” and “scholarship” are often used interchangeably, but they are different. Grant money is given based on your financial need, and is intended to make paying for college more equitable. On the other hand, scholarships are usually based on achievement, scholastic or otherwise. Scholarships can be given by your college or ...

  5. Nov 28, 2023 · But the golden rule will always stay the same: any type of scholarship will put excellent academic results first. 1. Merit-based scholarships. Merit-based scholarships are the best-known type of scholarship and are awarded to students based on their superior achievements in academia, art, or other similar fields.

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  7. Oct 2, 2024 · Scholarships and awards overview. University fees. Financial aid. Scholarships and awards. Planning and budgeting. Graduate funding. Accounts and payment. Our scholarship program is one of the most generous in the country. A scholarship is awarded for academic achievements while a bursary is awarded based on financial need.

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