Merit-Based Scholarships
Merit-based scholarships are awarded to students who demonstrate exceptional academic performance, leadership skills, or other outstanding qualities. These scholarships typically have high GPA requirements and may consider factors such as standardized test scores, extracurricular activities, and community involvement.
Benefits: Merit-based scholarships can provide significant financial assistance, reducing the cost of tuition and other expenses. They also recognize and reward academic excellence, which can boost students’ confidence and motivation.
Drawbacks: The competition for merit-based scholarships can be intense, and not all students who apply will be awarded one. Additionally, these scholarships may have strict eligibility criteria that limit the number of students who qualify.