Merit-Based vs Need-Based Scholarships in the USA: An In-Depth Comparison
Understanding Merit-Based Scholarships Merit-based scholarships are financial awards given to students based on their academic, artistic, or leadership accomplishments. Unlike need-based scholarships, which focus on the financial situation of the applicant, merit-based scholarships seek to recognize and reward excellence. The criteria for these scholarships typically include a combination of high grade point averages (GPAs), standardized … Read more