A merit-based scholarship is a financial award given to students based on their academic, artistic, or athletic achievements, rather than financial need. It aims to recognize and encourage exceptional talent and performance, often requiring recipients to maintain a certain level of excellence to retain the scholarship.

Merit-based Scholarship

Financial award

Academic Achievements

Artistic Achievements

Athletic achievements

Financial need refers to the difference between the cost of attending a particular institution and the amount a student or family can reasonably be expected to contribute towards that cost. It is a critical factor in determining eligibility for various forms of financial aid, including grants, scholarships, and loans.

Financial Need

Exceptional talent

Performance refers to the execution of a task or function and the level of success achieved in doing so, often measured against predefined standards or objectives. It is a multifaceted concept encompassing efficiency, effectiveness, and productivity across various domains, including individual, organizational, and technological contexts.

Concepts

Relevant Degrees

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