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A scholarship is defined as a grant or payment made to support a student's education, awarded on the basis of academic or other distinction. [1] ". Scholarship" has a different meaning in the United States than it does in other countries, with the partial exception of Canada. Outside the U.S., scholarship is any type of monetary award to fund ...
Scholarships may have a financial need component but rely on other criteria as well. Some private need-based awards are confusingly called scholarships, and require the results of a FAFSA (the family's EFC). However, scholarships are often merit-based, while grants tend to be need-based. Scholarships, similar to grants, do not need to be repaid ...
The National Merit Scholarship Program is a United States academic scholarship competition for recognition and university scholarships. The program is managed by the National Merit Scholarship Corporation (NMSC), a privately funded not-for-profit organization based in Evanston, Illinois . [ 1 ]
Good examples of private merit scholarships include the various scholarships given out by the Air Traffic Control Association. Last year, the group awarded 11 scholarships totaling $71,000 for ...
The Jefferson Scholarship is a merit scholarship that provides four years of fully funded study at the University of Virginia in the United States. Considered one of the world's most prestigious [citation needed], the scholarship covers tuition and room and board, and also provides money for summer travel, independent research, and study abroad.
AFS-USA awards financial aid and scholarships to students each year, including via the following programs: [53] Global Citizens is the primary AFS scholarship program, offering full and partial need and merit-based scholarships to qualified applicants for year, semester, and summer programs.