Monday, June 24, 2013

What are the Different Types of Scholarships?

There are many different types of scholarships. Some are based only on merit (grades and test scores), leadership, community service, financial need, race, family heritage, and many more.
A majority of scholarships are based on a combination of two or more of the above, but most scholarships will also require community service. There are private scholarships, college-based scholarships, state/federal scholarships, merit-based scholarships, faith-based scholarships, athletic and special talents scholarships, and military scholarships. A majority of private scholarships are merit-based on academic achievement.
Scholarships are also available for study abroad and international students.
What are Some Academic Qualifiers for Scholarships?
  • Grade point average
  • Class rank
  • Test scores
  • Early college acceptance
  • Dual credit college enrollment
  • High school attended
  • Year in school
  • Credits earned
  • College attending
  • College major

What are Some Non-Academic Qualifiers for Scholarships?
  • Leadership
  • Community service
  • Extracurricular activities
  • Gender
  • Member in an organization
  • Location of residence
  • Religious affiliation
  • Hobbies and interests
  • Medical condition
  • Disability
  • Parent’s workplace
  • Ethnicity and/or country of birth
  • Socio-economic status
  • First generation
  • Marital status/dependents

What are Merit-Based Scholarships?
Merit-based scholarships are based solely on academic and personal achievements without regard to financial need. Applying early to the colleges of your choice (August and/or September of your senior year) could greatly improve your odds of receiving a merit-based scholarship. Usually these deadlines are early and the scholarships are limited and awarded on a competitive basis. Students with strong academic records should apply as soon as possible.

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