Scholarship

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A young man (in bowtie) receives a scholarship at a ceremony. 2015 SRNS Family Scholarships (35559759033).jpg
A young man (in bowtie) receives a scholarship at a ceremony.

A scholarship is a form of financial aid awarded to students for further education. Generally, scholarships are awarded based on a set of criteria such as academic merit, diversity and inclusion, athletic skill, and financial need, research experience or specific professional experience.

Contents

Scholarship criteria usually reflect the values and goals of the donor of the award, and while scholarship recipients are not required to repay scholarships, the awards may require that the recipient continue to meet certain requirements during their period of support, such as maintaining a minimum grade point average or engaging in a certain activity (e.g., playing on a school sports team for athletic scholarship holders). [1] [2]

Scholarships also range in generosity; some cover partial tuition, while others offer a 'full-ride', covering all tuition, accommodation, housing and others.

Some prestigious, highly competitive scholarships are well-known even outside the academic community, such as Fulbright Scholarship and the Rhodes Scholarships at the graduate level, and the Robertson, Morehead-Cain and Jefferson Scholarships at the undergraduate level.

Scholarships vs. grants

US Aid scholarship certificates Scholarship certificates (18491630380).jpg
US Aid scholarship certificates

While the terms scholarship and grant are frequently used interchangeably, they are distinctly different. Where grants are offered based exclusively on financial need, scholarships may have a financial need component but rely on other criteria as well. [3]

A federal Pell Grant can be awarded to someone planning to receive their undergraduate degree and is solely based on their financial needs. [4]

Types

A Navy Rear Admiral presents a Midshipman with a ceremonial cheque symbolizing her $180,000 Navy Reserve Officers Training Candidate scholarship. Admiral hands out scholarship money DVIDS319434.jpg
A Navy Rear Admiral presents a Midshipman with a ceremonial cheque symbolizing her $180,000 Navy Reserve Officers Training Candidate scholarship.

The most common scholarships may be classified as:

Notable scholarships

Name of scholarship with institution and/or sponsoring organisation

See also

Related Research Articles

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<span class="mw-page-title-main">Marshall Scholarship</span> Postgraduate scholarship

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<span class="mw-page-title-main">National Merit Scholarship Program</span> American academic scholarship competition

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<span class="mw-page-title-main">HOPE Scholarship</span>

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An athletic scholarship is a form of scholarship to attend a college or university or a private high school awarded to an individual based predominantly on their ability to play in a sport. Athletic scholarships are common in the United States and to a certain extent in Canada, but in the vast majority of countries in the world they are rare or non-existent.

A Pell Grant is a subsidy the U.S. federal government provides for students who need it to pay for college. Federal Pell Grants are limited to students with exceptional financial need, who have not earned their first bachelor's degree, or who are enrolled in certain post-baccalaureate programs, through participating institutions. Originally known as a Basic Educational Opportunity Grant, it was renamed in 1980 in honor of Democratic U.S. Senator Claiborne Pell of Rhode Island. A Pell Grant is generally considered the foundation of a student's financial aid package, to which other forms of aid are added. The Federal Pell Grant program is administered by the United States Department of Education, which determines the student's financial need and through it, the student's Pell eligibility. The U.S. Department of Education uses a standard formula to evaluate financial information reported on the Free Application for Federal Student Aid (FAFSA) for determining the student's Expected Family Contribution (EFC).

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<span class="mw-page-title-main">College recruiting</span> Entry process for US college athletes

In college athletics in the United States, recruiting is the process in which college coaches add prospective student athletes to their roster each off-season. This process typically culminates in a coach extending an athletic scholarship offer to a player who is about to be a junior in high school or higher. There are instances, mostly at lower division universities, where no athletic scholarship can be awarded and where the player pays for tuition, housing, and textbook costs out of pocket or from financial aid. During this recruiting process, schools must comply with rules that define who may be involved in the recruiting process, when recruiting may occur and the conditions under which recruiting may be conducted. Recruiting rules seek, as much as possible, to control intrusions into the lives of prospective student-athletes. The NCAA defines recruiting as “any solicitation of prospective student-athletes or their parents by an institutional staff member or by a representative of the institution’s athletics interests for the purpose of securing a prospective student-athlete’s enrollment and ultimate participation in the institution’s intercollegiate athletics program."

The Common Data Set (CDS) is an annual product of the Common Data Set Initiative, "a collaborative effort among data providers in the higher education community and publishers as represented by the College Board, Peterson's, and U.S. News & World Report." The stated goal is to provide accurate and timely data to students and their families while decreasing the workload of administrators. Publishers use the standards and data items defined by the CDS to "ask the same core questions" when making their rankings and publications of institutions. Response data are also used in public accountability efforts such as the Voluntary System of Accountability's College Portrait.

The Walter Byers Scholar program is a scholarship program that recognizes the top male and female student-athlete in NCAA sports and that is awarded annually by the National Collegiate Athletic Association (NCAA). It is considered to be the NCAA's highest academic award. The NCAA initiated the Walter Byers Scholarship program in 1988 in recognition of the service of Walter Byers. The award is a postgraduate scholarship program designed to encourage excellence in academic performance by student-athletes. The recipients each year are the one male and one female student-athlete who has combined the best elements of mind and body to achieve national distinction for his or her achievements, and who promises to be a future leader in his or her chosen field of career service. Winners receive scholarships for postgraduate study.

Scholarships in Korea are assistance programs aimed at helping students in or from South Korea pursue their education. Scholarships come in different forms based on factors such as the duration of study and the applicant's academic qualifications. They have various root aims, including recognizing academic achievement, promoting research and knowledge in specific fields, promoting global academic exchange, and reducing the financial burden on individuals.

The Ontario Graduate Scholarship(s) (OGS) program offers, merit based, annual scholarships to eligible students who will pursue graduate studies in order to complete a master's degree, PhD or doctorate at a university in Ontario, Canada.

The Critical Language Scholarship (CLS) Program is a United States Department of State cultural and educational exchange program which offers approximately 500 undergraduate or graduate level students from the United States the opportunity to participate in an intensive language study abroad. This nationally competitive program funds students who study one of the 15 critical need foreign languages, and is part of the National Security Language Initiative. The 15 critical languages include Arabic, Azerbaijani, Bengali, Chinese, Hindi, Indonesian, Japanese, Korean, Persian, Portuguese, Punjabi, Russian, Swahili, Turkish and Urdu. With an acceptance rate of less than 10%, the Critical Language Scholarship is one of the most competitive scholarships in the U.S. and the most prestigious language program for U.S. citizens.

A scholarship is defined as a grant or payment made to support a student's education, awarded on the basis of academic or other distinction. "Scholarship" has a different meaning in the United States than it does in other countries, with the partial exception of Canada. Outside the U.S., scholarship is any type of monetary award to fund education. In the United States, the only country with a national system that determines a student's financial need, and where universities are far more expensive than in other countries, a scholarship is money for which the student must qualify in some way, and the term "grant" - an award the student receives because of financial need - is used for what in other countries are called scholarships.

Financial issues facing students in the United States include the rising cost of tuition, as well as ancillaries, such as room and board, textbook and coursework costs, personal expenses, and transportation.

References

  1. Peterson, Kay (4 September 2008). "Financial Aid Glossary". fastweb. Retrieved 28 May 2012.
  2. "University Reform: Report of the Royal Commissioners On the State of the University and Colleges of Oxford". The Observer. 1952. ProQuest   474208063.
  3. Scholarships.com. "Loans Vs Grants Vs Scholarships - Scholarships.com". www.scholarships.com. Retrieved 2017-05-19.
  4. "Federal Student Aid".
  5. "College Scholarship". School Grants Guide. Retrieved 28 May 2012.
  6. Nykiel, Teddy; Helhoski, Anna (24 June 2016). "The Complete Guide to College Grants". NerdWallet.
  7. "The Gates Millennium Scholars". Archived from the original on 15 January 2013. Retrieved 9 March 2013.
  8. "Scholarships College by Major". Discover. Retrieved 27 April 2020.
  9. Teng, Amelia. "Many slam A*Star scientist's protest against her scholarship bond". ST. Retrieved 15 December 2014.
  10. "Dancing out of A*Star". Archived from the original on 15 December 2014. Retrieved 15 December 2014.{{cite journal}}: Cite journal requires |journal= (help)
  11. Talented Athlete Scholarship , UK Government. Retrieved February 25, 2016.
  12. "The scholarship", Winning Students. Government of Scotland. Retrieved February 25, 2016.
  13. Bruenig, Matt. (March 31, 2014). " The NCAA (National Collegiate Athletic Association) is an example of one.
    • Music scholarships: Some people receive scholarships for excellence in music, often taking into account their academic capacity. Some academic scholarships take into account musical skills, particularly if they are needed in the school's orchestra or marching band. Music scholarship recipients may be required to play in school ensembles.
    • Legacy scholarships: At some schools, there are special scholarships set aside for children or grandchildren of people who previously attended the school.
    Ralph Nader's brilliant plan for college sports: No more concussions or exploited labor", Salon . Retrieved February 25, 2016.
  14. Scholarshipfellow (March 24, 2017). "Contest Scholarships Archived 2017-03-24 at the Wayback Machine ", Retrieved March 24, 2017.
  15. Kelchen, Robert. (April 17, 2014). "The Political Attractiveness of "Last-Dollar" Scholarships", Washington Monthly . Retrieved February 25, 2016.
  16. "open scholarship". Collins English Dictionary. HarperCollins. Retrieved 11 July 2023. in British English: 'a scholarship which anyone can apply for'

Further reading