What Does Word Varies In Scholarship Mean

Laurels of financial aid for a pupil to farther an education

This article is nigh scholarship every bit a course of financial aid. For the practise and method of scholars, see Scholarly method. For the international education program, see The Scholar Ship.

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

A scholarship is a grade of financial aid awarded to students to further didactics. Scholarships are awarded based upon various criteria, such as academic merit, diversity and inclusion, athletic skill, and financial need. Scholarship criteria unremarkably reflect the values and goals of the donor or founder of the honour. While scholarship recipients are not required to repay scholarships,^{[one] [ii]} the awards may require that the recipient continue to meet certain requirements during their menstruum of back up, such maintaining a minimum grade signal average or engaging in a certain activity (e.chiliad., 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.thou., waiving of tuition fees or fees for housing in a dormitory), or a combination.

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

Scholarships vs. grants [edit]

US Aid scholarship certificates.

While the terms scholarship and grant are oftentimes used interchangeably, there is a difference. Scholarships may take a financial need component simply rely on other criteria too.

• Academic scholarships typically use a minimum form-betoken average or standardized test score such as the ACT or SAT to select awardees.
• Athletic scholarships are more often than not based on athletic performance of a student and used every bit a tool to recruit high-performing athletes for their school'due south athletic teams.
• Merit scholarships can be based on a number of criteria, including operation in a particular schoolhouse subject or club participation or community service.

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

A federal pell grant can be awarded to someone planning to receive their undergraduate degree and is solely based on their financial needs.^{[4] [v]}

Types [edit]

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:

• Merit-based: These awards are based on a student's bookish, artistic, athletic, or other abilities, and often a factor in an applicant's extracurricular activities and community service record. The most mutual merit-based scholarships, awarded past either private organizations or directly by a student'south intended college, recognize academic achievement or high scores on standardized tests. Almost such merit-based scholarships are paid directly past the institution the student attends, rather than issued directly to the pupil.^{[half dozen]}
• Need-based: Some private need-based awards are confusingly called scholarships, and require the results of a FAFSA (the family's EFC). Notwithstanding, scholarships are often merit-based, while grants tend to be need-based.^[7]
• Student-specific: These are scholarships for which applicants must initially qualify based upon gender, race, religion, family, and medical history, or many other student-specific factors. Minority scholarships are the nearly common awards in this category.^{[ commendation needed ]} For case, students in Canada may qualify for a number of Indigenous scholarships, whether they study at home or abroad.^{[ citation needed ]} The Gates Millennium Scholars programme is another minority scholarship funded by Bill and Melinda Gates for excellent African American, American Indian, Asian Pacific Islander American, and Latino students who enroll in higher.^[8]
• Career-specific: These are scholarships a college or academy awards to students who plan to pursue a specific subject field.^[9] Often, the most generous awards to students who pursue careers in loftier-need areas such every bit teaching or nursing. Many schools in the United states give future nurses total scholarships to enter the field, especially if the student intends to work in a high-demand community.^{[ citation needed ]}
• Higher-specific: College-specific scholarships are offered past individual colleges and universities to highly qualified applicants. These scholarships are given on the basis of academic and personal achievement. Some scholarships have a "bond" requirement.^[10] Recipients may exist required to work for a particular employer for a specified period of fourth dimension or to work in rural or remote areas; otherwise, they may be required to repay the value of the support they received from the scholarship.^[eleven] This is specially the case with education and nursing scholarships for people prepared to work in rural and remote areas. The programs offered by the uniformed services of the U.s.a. (Army, Navy, Marine Corps, Air Force, Coast Baby-sit, National Oceanic and Atmospheric Administration commissioned corps, and Public Health Service Deputed Corps) sometimes resemble such scholarships.
• Athletic: Awarded to students with infrequent skill in a sport. Frequently this is and so that the student will be available to attend the school or college and play the sport on their team, although in some countries authorities funded sports scholarships are available, allowing scholarship holders to train for international representation.^{[12] [13]} School-based athletics scholarships can be controversial, as some believe that awarding scholarship money for able-bodied rather than academic or intellectual purposes is not in the institution's best interest.^[14]
• Brand: These scholarships are sponsored by a corporation that is trying to gain attention to their make, or a cause. Sometimes these scholarships are referred to every bit branded scholarships. The Miss America dazzler pageant is a famous example of a make scholarship.
• Creative contest: These scholarships are awarded to students based on a creative submission. Contest scholarships are also chosen mini projection-based scholarships where students tin can submit entries based on unique and innovative ideas.^[15]
• "Concluding dollar": can be provided by individual and government-based institutions, and are intended to embrace the remaining fees charged to a student later on the various grants are taken into account.^[16] To prohibit institutions from taking last dollar scholarships into account, and thereby removing other sources of funding, these scholarships are not offered until after financial aid has been offered in the class of a letter of the alphabet. Furthermore, final dollar scholarships may require families to have filed taxes for the well-nigh recent year, received their other sources of financial assist, and not yet received loans.

Local [edit]

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

• Guidance counselors: When starting to explore scholarship opportunities, most loftier school students check with their guidance counselors. They can exist a reliable source of information regarding local scholarships.
• Non-profits and charitable trusts: Most not-profit organizations have at some betoken of their history founded scholarships for prospective students. The Good Schools Guide, a guide to schools in the Uk, states "Charitable grant-making trusts tin help in cases of genuine need," and goes on to outline several instances where this may be the case, including an "unforeseen family unit disaster" and a "demand for special education".
• Community foundations: Many counties and cities and regions have a local foundation dedicated to giving money in the class of grants and scholarships to people and organizations in the area.
• Music teachers: Some music teachers offer reduced-cost or free lessons to help low-income children gain admission to an arts education. In addition, some local non-profits provide free music classes to youths.
• Foundations: Certain foundations in the Usa and all over the world offering scholarships for entrepreneurial endeavors.
• Labor/merchandise unions: Major unions ofttimes offer scholarships for members and their dependent children.^[17]
• Houses of worship: The local house of worship may or may not have any scholarships for their members, but the religious organisation or headquarters may have some available. Theology study is highly encouraged.

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

• Chamber of commerce: Many chambers of commerce offer (commonly small) grants to students in the customs, especially those planning on careers in business and public service. Even if they do non offer any themselves, one can usually get a listing of members, and many of them may offer pocket-size scholarships to local students.
• Other volunteer organizations: Many organizations offer scholarships or honor grants to students whose background or chosen field overlaps the field of the organization. For example, local chapters of professional societies may assistance the studies of uncommonly distinguished students of the region. Similarly, charity organizations may offer help, especially if the late parent of the educatee was a member of the organization (east.1000., a Masonic club might help the orphan of a lodge brother.) This kind of scholarship is more often than not advertising hoc.
• School: One-time, well-known schools are often endowed with scholarship funds.
• University: Quondam, well-established universities may take funds to finance the studies of extremely talented students of little means. Eligibility often requires that a student belong to some special category or be amongst a nation's all-time. However, universities provide information on scholarships and grants, perchance even internship opportunities.
• PSAT/NMSQT: In the United States, students are offered the opportunity to have the PSAT/NMSQT test, normally in their junior yr of high school. National Merit Scholarship programs are initially determined by the scores received on the PSAT/NMSQT examination. Some private scholarship programs crave applicants to take the PSAT. The test can exist used every bit preparation for the Saturday.
• Enrichment centres: In certain countries, enrichment centers accept begun to provide scholarships.^[18]
• Disabilities: Students with disabilities may be able to utilize for awards intended for people with disabilities. Those scholarships may be intended for disabled students in general, or in relation to a specific disability.^[19]

Notable scholarships [edit]

• Chevening Scholarship
• CSC Scholarship
• Commonwealth Scholarship
• Coca-Cola Scholarship
• Effort Awards
• Erasmus Mundus
• Fulbright Scholarship
• Gates Cambridge Scholarship
• Jardine Scholarship
• Marshall Scholarship
• Mitchell Scholarship
• Foundation Scholarship
• Rhodes Scholarship
• Schwarzman Scholars

Run across too [edit]

• Bursary
• Free education
• Exhibition
• Fellowship (financial)
• Right to instruction
• Scholarships in Korea
• Scholarships in the Usa
• Scholarships in Taiwan
• School voucher

References [edit]

1. ^ Peterson, Kay (iv September 2008). "Financial Aid Glossary". fastweb. Retrieved 28 May 2012.
2. ^ "University Reform: Written report of the Imperial Commissioners On the Country 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. ^ "Federal Educatee Assist". {{cite web}}: CS1 maint: url-status (link)
5. ^ "International Scholarships". Wednesday, 4 May 2022
6. ^ "College Scholarship". School Grants Guide. Retrieved 28 May 2012.
7. ^ Nykiel, Teddy; Helhoski, Anna (24 June 2016). "The Complete Guide to College Grants". NerdWallet.
8. ^ "The Gates Millennium Scholars". Archived from the original on 15 January 2013. Retrieved 9 March 2013.
9. ^ "Scholarships Higher by Major". Detect . Retrieved 27 April 2020.
10. ^ Teng, Amelia. "Many slam A*Star scientist'south protest confronting her scholarship bail". ST. Retrieved fifteen December 2014.
11. ^ "Dancing out of A*Star". Archived from the original on 15 December 2014. Retrieved 15 Dec 2014.
12. ^ Talented Athlete Scholarship, UK Government. Retrieved February 25, 2016.
13. ^ "The scholarship", Winning Students. Authorities of Scotland. Retrieved February 25, 2016.
14. ^ Bruenig, Matt. (March 31, 2014). " The NCAA (National Collegiate Athletic Association) is an example of one.
    • Music scholarships: Some people receive scholarships for excellence in music, frequently taking into account their bookish capacity. Some academic scholarships take into account musical skills, particularly if they are needed in the school's orchestra or marching band. Music scholarship recipients may be required to play in schoolhouse 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 higher sports: No more than concussions or exploited labor", Salon. Retrieved February 25, 2016.
15. ^ Scholarshipfellow (March 24, 2017). "Competition Scholarships Archived 2017-03-24 at the Wayback Motorcar", Retrieved March 24, 2017.
16. ^ Kelchen, Robert. (April 17, 2014). "The Political Attractiveness of "Final-Dollar" Scholarships", Washington Monthly. Retrieved February 25, 2016.
17. ^ Konrad, Matt (August 28, 2014). "Organize Scholarship Support From a Labor Spousal relationship". US News . Retrieved November viii, 2018.
18. ^ Janice Heng (Sep 9, 2008). "Bond Gratuitous". The Straits Times . Retrieved Sep ix, 2008.
19. ^ "Bipolar Lives Scholarship". Archived from the original on 2010-11-03. Retrieved 2010-10-03 .

Further reading [edit]

• DiFiore, Laura, et al. "Tips on Finding Scholarships." FreSch! Free Scholarship Search. 2013.
• Martin, Michel. "Scholarships: Who Gets Them and Why?" Tell me More 17

Source: https://en.wikipedia.org/wiki/Scholarship

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