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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.
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.
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 ...
Many merit-based. Getty Images Students with stellar grades often get scholarships. So do promising student athletes. But what about the rest of the high school crowd? Can they earn scholarship ...
Merit aid helps lower college costs.When it comes to paying for college, merit aid is one way to close the gap between the cost of attendance and need-based financial aid. 17 Things to Know About ...
Scholarships in the U.S. are awarded based upon various criteria, which usually reflect the values and purposes of the donor or founder of the award. Some scholarships for college are merit-based. Merit scholarships might be awarded based on academic achievement or on a combination of academics and a special talent, trait, or interest.
Each Chief State School Officer (CSSO) may nominate up to ten male and ten female candidates, residing in the CSSO's jurisdiction, based on their outstanding scholarship. Candidates are notified of eligibility, and if interested in being considered for the scholarship, must submit an essay, self-assessments, high school reports, and transcripts.
Each institution has its own definition of meeting the full demonstrated need. Some schools meet this need through grants and/or merit or talent scholarships alone, while others may include loans and work-study programs. As a result, a student's financial aid package can differ greatly between schools that claim to meet full demonstrated need.