A scholarship is a form of financial support for students for further education. Scholarships are awarded based on various criteria such as academic merit, diversity and inclusion, athletic ability, and financial need.
• The award criteria typically reflect the values and goals of the founder or sponsor of the award.
• While grant recipients are not required to repay grants, the grants may require that the recipient continue to meet certain requirements throughout their support period, such as maintaining a minimum GPA or participating in a specific activity (e.g. recipient or as a teaching assistant for some graduate fellowships).
• Scholarships may include a cash award, a non-cash award (such as a tuition or dormitory fee waiver), or a combination there of.
What is the purpose of scholarship for students?
- Scholarships are designed to reward a student's academic achievement and educational programs.
- Whether you are starting your career or studying in high school to acquire new skills, receiving a scholarship is a great accomplishment.
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