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A young man (in bowtie) receives a scholarship at a ceremony. A scholarship is a form of financial aid awarded to students for further education.Generally, scholarships are awarded based on a set of criteria such as academic merit, diversity and inclusion, athletic skill, and financial need, research experience or specific professional experience.
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] The program began in 1955.
The New York Times College Scholarship Program is an academic scholarship competition for New York City high school seniors. Past winners have demonstrated academic achievement, a drive for success — especially in the face of financial and other obstacles — and community service.
To be eligible, students must have registered with and been active participants in the YoungArts program. 150 students are invited to apply by the National Foundation for the Advancement of Artists. 60 YoungArts candidates enter the selection process at the semifinalist level. In April, the Commission on Presidential Scholars makes the final ...
In the U.S., a grant is given on the basis of economic need, determined by the amount to which the college's Cost of Attendance (COA) [6] [7] exceeds the Expected Family Contribution (EFC), [8] calculated by the U.S. Department of Education from information submitted on the Free Application for Federal Student Aid following formulas set by the United States Congress.
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