Scholarship

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A young man (in bowtie) receives a scholarship at a ceremony.

A scholarship is an award of financial aid for a student to further their education at a private elementary or secondary school, or a private or public post-secondary college, university, or other academic institution. Scholarships are awarded based upon various criteria, such as academic merit, diversity and inclusion, athletic skill, financial need, among others, ,some combination of criteria. Scholarship criteria usually reflect the values and goals of the donor or founder of the award. While scholarship recipients are not required to repay scholarships,[1][2] the awards may require that the recipient continue to meet certain requirements during their period of support, such maintaining a minimum grade point average or engaging in a certain activity (e.g., playing on a school sports team for athletic scholarship holders, or serving as a teaching assistant for some graduate scholarships). Scholarships may provide a monetary award, an in-kind award (e.g., waiving of tuition fees or fees for housing in a dormitory), or a combination.

Some prestigious, highly competitive scholarships are well-known even outside the academic community, such as Fulbright Scholarship and the Rhodes Scholarship.

This article primarily addresses post-secondary scholarships in the United States of America.

Scholarships vs. grants

US Aid scholarship certificates.

While the terms are frequently used interchangeably, there is a difference. Scholarships may have a financial need component but rely on other criteria as well.

Grants, however, are offered based exclusively on financial need and determined using the applicant's FAFSA information.[3]

Types

A Navy Rear Admiral presents a Midshipman with a ceremonial cheque symbolizing her $180,000 Navy Reserve Officers Training Candidate scholarship.

The most common scholarships may be classified as:

Local

It is typical for people to find scholarships in their home regions. Information on these can be found by asking local institutions and organizations. Typically, these are less competitive as the eligible population is smaller.

Foundations Reputable foundations formed by different individuals, company or organisation can fund a scholarship as a means of reaching out to people

Notable scholarships

See also

References

  1. ^ Peterson, Kay (4 September 2008). "Financial Aid Glossary". fastweb. Retrieved 28 May 2012.
  2. ^ "University Reform: Report of the Royal Commissioners On the State of the University and Colleges of Oxford". The Observer. 1952. ProQuest 474208063.
  3. ^ Scholarships.com. "Loans Vs Grants Vs Scholarships - Scholarships.com". www.scholarships.com. Retrieved 2017-05-19.
  4. ^ "College Scholarship". School Grants Guide. Retrieved 28 May 2012.
  5. ^ Nykiel, Teddy; Helhoski, Anna (24 June 2016). "The Complete Guide to College Grants". NerdWallet.
  6. ^ "The Gates Millennium Scholars". Archived from the original on 15 January 2013. Retrieved 9 March 2013.
  7. ^ "Scholarships College by Major". Discover. Retrieved 27 April 2020.
  8. ^ Teng, Amelia. "Many slam A*Star scientist's protest against her scholarship bond". ST. Retrieved 15 December 2014.
  9. ^ "Dancing out of A*Star". Archived from the original on 15 December 2014. Retrieved 15 December 2014. Cite journal requires |journal= (help)
  10. ^ Talented Athlete Scholarship, UK Government. Retrieved February 25, 2016.
  11. ^ "The scholarship", Winning Students. Government of Scotland. Retrieved February 25, 2016.
  12. ^ Bruenig, Matt. (March 31, 2014). " The NCAA (National Collegiate Athletics Association) is an example of one.
    • Music scholarships: Some people receive scholarships for excellence in music, often taking into account their academic capacity. Some academic scholarships take into account musical skills, particularly if they are needed in the scholl's orchestra or marching band. Music scholarship recipients may be required to plat in school ensembles.
    • Legacy scholarships: At some schools, there are special scholarships set aside for children or grandchildren of people who previously attended the school.
    Ralph Nader's brilliant plan for college sports: No more concussions or exploited labor", Salon. Retrieved February 25, 2016.
  13. ^ Scholarshipfellow (March 24, 2017). "Contest Scholarships Archived 2017-03-24 at the Wayback Machine", Retrieved March 24, 2017.
  14. ^ Kelchen, Robert. (April 17, 2014). "The Political Attractiveness of "Last-Dollar" Scholarships", Washington Monthly. Retrieved February 25, 2016.
  15. ^ Konrad, Matt (August 28, 2014). "Organize Scholarship Support From a Labor Union". US News. Retrieved November 8, 2018.
  16. ^ Janice Heng (Sep 9, 2008). "Bond Free". The Straits Times. Retrieved Sep 9, 2008.
  17. ^ "Bipolar Lives Scholarship". Archived from the original on 2010-11-03. Retrieved 2010-10-03.