Tuesday, 18 February 2014
Monday, 10 February 2014
For the aspirants, scholarship is an award in the form of finance. Scholarships are catered on the basis of distinct list, which generally imitates the desires and value of the donor. The most common Scholarship is as follows:The most common Study Abroad Scholarship
• Merit-based: These rewards are based on the aspirant’s artistic, athletic or other abilities, often the applicant’s extracurricular activities are considered. The better accepted merit –based scholarship, is catered by the private organization or directly by the student’s intended college, distinguished attainment or high scores on standardized tests. The merit based Scholarships are majorly and directly paid by the institutions the students attend.• Need-based: These awards are based on the student’s and their family’s financial record and obligate applicant to fill a Free Application for Federal Student Aid (FAFSA) which certify the scholarship as a federal award. Private need-based scholarships also often require the results of a FAFSA, which appraise the aspirant’s financial need through a formula that looks at the family grant and the cost of attendance at the intended college.
• Student-specific: These are scholarships catered on the basis of gender, race, religion, family and medical history, or many other student-specific factors. Minority scholarships are the most common awards in this category. For example, students in Canada may qualify for a number of aboriginal scholarships, whether they study at home or abroad. The Gates Millennium Scholars program is another minority scholarship funded by Bill and Melinda Gates for excellent African American, American Indian, Asian Pacific Islander American and Latino students who enroll in college.
• Athletic: These are given to students showing extraordinary talent in sports provided by the college.is as follows: