What Are Scholarships for College Students?
Scholarships for college students are forms of financial aid that do not need to be repaid. Unlike loans, scholarships provide direct funding to help pay for tuition, books, living expenses, and other costs associated with higher education. They can come from schools, nonprofits, corporations, professional associations, or community organizations.
Who Qualifies for College Scholarships?
Eligibility varies by award. Common qualifiers include:
- Academic achievement (GPA, honors)
- Financial need (FAFSA/SAI status)
- Major or field of study
- Underrepresented identities (race, gender, first-gen)
- Community service or leadership
- Specific talents or career aspirations
Some scholarships require essays, portfolios, or extracurricular documentation.