Scholarship
A scholarship is a financial award for a student to support their education, often based on academic achievement, special talents, or other criteria such as financial need. It does not require repayment and can cover various costs like tuition, books, and sometimes living expenses. Scholarships can be offered by colleges, government programs, private organizations, or corporations.
Common Questions
What types of scholarships are available?
There are various types like merit-based scholarships, need-based scholarships, student-specific scholarships (based on gender, ethnicity, etc.), career-specific scholarships, and college-specific scholarships offered by individual institutions.
Do scholarships have to be paid back?
No, scholarships typically do not have to be paid back, unlike student loans. They are awarded to students to alleviate financial burdens and support educational pursuits.
How can I apply for a scholarship?
To apply for a scholarship, you usually need to research eligibility criteria, gather required documents, and submit an application, which may include an essay or interview. It's essential to adhere to deadlines and follow application guidelines carefully.