subject: What Is Scholarship And Why Is It Given? [print this page] What is Scholarship? What is Scholarship?
Educational institutes and numerous donors help students with different types of financial aids, provided on various criteria and on different purposes.
Scholarship is a kind of a discount for further learning. Scholarhip holders don't obtain money, besides holders of grants for life needs. The sum is added to a university/college account as an educational repayment.
Each university/college has its own grant fund (it is often based upon alumnis donations). Postgraduate students who study for a Masters degree have more chances to get a grant than Bachelor students.
Sorts of Scholarships According to their Aims
Amid merit-based scholarships you can distinct awards given for different sorts of abilities, like academic, sports, artistic and some others. Extracurricular activities achievements raise significantly chances for gaining this sort of scholarship. It rewards high scores on the ACT and SAT tests and also successful academic achievements. PSAT outcomes are also required for different national merit scholarships and some private scholarships.
There are different sorts of grants for needy learners. FAFSA results are needed for receiving need-based scholarships; they demonstrate if an applicant really needs this sort of a scholarhip.
There are grants that take into account applicants gender, race, religion and other factors. A common award amid student-specific scholarships is a minority grant.
If a college student wants to master a particular field of study he/she may gain a career-specific grant. There are many academic establishments, which give full scholarships to education and nursing applicants, that are in a demand nowadays.
Some associations propose small grants for students that study a specialty in the area of interest of this organization. For example, houses of worship may readily grant a student who studies theology.
Non-profit and charitable associations help skilled college students who need some special education or have any family problems.
Some unions aid their labors and their labors children.
