Types Of Scholarships You Must Know Off Before You Apply

By Author: Amit Dhakar
Total Articles: 45
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The need for scholarships is ever increasing among the students in India. As the craze for higher education and get a foreign degree is becoming popular year by year, students applying for scholarships are also increasing. Here is a list of the different types of scholarships that the meritorious students of India can apply for and broaden their horizon of knowledge.

Need-based scholarship

A need-based scholarship is designed to help the economically backward students. Students whose parents are not capable to support them financially take help of the need-based scholarships in order to pursue their academic dreams. A need-based scholarship is granted after considering certain factors like financial status of the family, cost of living, or the number of children pursuing education in schools. Need-based scholarships can also be given out as scholarships for studying abroad.

Merit scholarships to students with different talents

As the name suggests, a merit scholarship is a scholarship, where the student needs to showcase a consistent excellence in a specific area, be it education or extra-curricular ...
... activities.Such scholarships are made available in full or partial tuition. These are not limited to educational grades, and acknowledge different other talents regarding extra-curricular activities. Such scholarships also offered for ethnic backgrounds or for gender such as scholarships for women or as scholarships for studying abroad.

Need-based scholarships are independent of merit scholarship seven if they are scholarships for Indian students to study abroad, but you may qualify for both depending on the program.

School-based individual scholarships

Educational institutions often come up with various financial aids for their crème students. It is mostly in form of individual scholarships and is most often related to a specific program, such as engineering or medical or management scholarships. They may also be issued for academic merit or financial need. School-based scholarships are also given as sports scholarships for certain athletic teams.

Individual scholarships may come directly from the school, or from a private donor who is affiliated with the university. School-based scholarships might also be given as scholarships for Indian students to study abroad.

Athletic or Sports scholarships

Sports or Athletic scholarships are given to top-notch athletes by universities to recruit them in sports teams. These types of scholarships usually are full-ride scholarships. Many athletes compete for these athletic scholarships, but they also come with a price. While benefiting from a free education, athletes pay with their rigorous training while balancing their studies. Usually athletes are selected for these scholarships by scouts while in high-school.

Author Bio :- Dr. Amit Dhakar, Ph.D. in education, is an expert in the education sector. In spite of the busy schedule, he understands the lack of awareness among students seeking to study abroad. So, in his free time, he offers useful literature such as how to find scholarships to study abroad, eligibility criteria for overseas education, and more