Merit-Based Scholarships
Merit-based scholarships are awarded to students who demonstrate academic excellence, leadership, or other exceptional achievements. These scholarships are highly competitive and typically require students to maintain a high GPA and have a strong record of extracurricular involvement. Examples of merit-based scholarships include:
- Presidential Scholarships
- Dean’s List Scholarships
- National Merit Scholarships
Benefits: Merit-based scholarships are often substantial and can significantly reduce the cost of tuition and other expenses. They also recognize students’ academic achievements and provide motivation to continue excelling.
Drawbacks: Competition for merit-based scholarships is intense, and only a small number of students receive them. Students may also need to maintain a high GPA to retain the scholarship.