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In April 2011 StudentAdvisor launched a $24,000 scholarship contest in which they awarded 24 $1,000 scholarships in 24 hours to college students for reviewing their schools on the site. [ 9 ] Scholarship season 2012 saw the development and launch of the award winning ScholarshipAdvisor search app on iTunes.
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.
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.
Crimcheck’s Melissa Linville Criminal Justice Scholarship is offered to current college students with a GPA of at least 3.0 who are pursuing a degree in the criminal justice field.
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. Some examples of grants commonly applied for in the U.S.: