What is a merit-based scholarship?

General Scholarships Discussion Forum
1

What does it mean to have a merit-based scholarship?

3 Likes
2

A merit-based scholarship is a type of financial aid awarded to students based on their achievements and skills rather than their financial needs. These scholarships are given for a variety of merits, such as academic excellence, Sports excellence, and Leadership excellence

1 Like
3

It is financial aid offered in recognition of student achievements. Unlike need-based financial aid, merit-based financial aid does not consider the financial needs of the student or family.

2 Likes
4

A merit-based scholarship is a financial award given to students based on their academic, artistic, athletic, or other abilities, rather than on financial need. These scholarships recognize and reward students for their achievements and potential. Here are some key points about merit-based scholarships:

2 Likes
5

Merit-based financial aid, often referred to as merit scholarships or merit awards, is a type of financial assistance awarded to students in acknowledgment of their academic or other achievements.

2 Likes
6

Hey. Let me paint a picture.
You have 5 young adults competing to get into an Ivy League college, let’s say Harvard. As you know Ivy Leagues don’t give sports scholarships. Now they will have to look at individual brilliance

All of them are brilliant. Now at some point, Harvard will maybe make a scorecard and rate each one’s academic and extracurricular involvement. Let’s say they might choose to analyze SAT results, personal essays, and school referrals and say community involvement.

Usually, the best student among the five will be chosen on merit. And now comes the word merit-based scholarships

1 Like
7

Hello guys merit-based financial aid is a financial aid offered in recognition of student achievements Unlike need-based financial aid, merit-based financial aid does not consider the financial need of the student or family. Merit-based scholarships can significantly reduce the financial burden of education for students who excel in specific areas, enabling them to focus on their studies and future goals.

8

It is a scholarship award provided to students based on their accomplishments, such as outstanding academic grades, test scores, extracurricular activities, community service, or leadership participation.

9

A merit based scholarship is awarded on the basis of outstanding academic performance