Published On: 2024-11-10 11:28:21 |
Updated On: 2024-11-10 11:28:21
How Can The Scholarships Be Categorized?
There are various kinds of scholarships available to students who are aspiring for university admissions to International universities. We can broadly classify these scholarships as:
1. Merit-Based Scholarships
- Definition: Awarded based on academic excellence, achievements, or other exceptional talents.
- Criteria: Typically consider academic performance, standardized test scores, extracurricular activities, and leadership qualities.
- Examples: Dean’s List scholarships, academic excellence awards.
2. Need-Based Scholarships
- Definition: Provided based on the financial need of the student rather than academic performance.
- Criteria: Require the student to demonstrate financial need through family income, financial statements, and other relevant documents.
- Examples: Need-based grants from universities, government-sponsored financial aid programs.
3. External Scholarships
- Definition: Funded by organizations outside the university, such as government agencies, private foundations, or non-profit organizations.
- Criteria: Varies widely depending on the organization, including academic merit, financial need, specific fields of study, or demographic criteria.
- Examples: Fulbright Scholarships, Rotary International Scholarships.
4. Internal Scholarships
- Definition: Funded by the university itself, often through its own endowments or funds.
- Criteria: May be merit-based, need-based, or for specific groups (e.g., international students, students from certain regions or disciplines).
- Examples: University-specific scholarships, departmental awards.
These scholarships help alleviate the financial burden of studying abroad and can be a crucial part of a student’s funding strategy