Everyone knows the fact that college education is expensive. Not every one can afford college education in these times. Many students with high and average grades end up doing odd jobs which will be a disability for the rest of their lives. There is one option for students who cannot afford a good college education. It comes with a few conditions which need to be fulfilled before getting the money to study, but it is a very attractive option for every student. Scholarships are one of the best options of gaining higher education. A scholarship is provided by an organization, institution, non-profit organization, etc. It is a financial aid meant for the completion of education.
There are many types of scholarships which students with various grades can opt for. Students with good grades and high Sat scores can opt for Merit based scholarships that are awarded to the most deserving students. Deserving students are selected not just based on their educational skill, they are also selected based on their athletic skills or artistic skills. Many institutions and organizations offer multiple scholarships to students with high marks and abilities. Many private for profit and non profit organizations too award these scholarships. These scholarships have high expectations and require more of their candidates.
Then there is the need based and the student specific scholarships that are based on the students family specific factors. The need based scholarships are based on the family’s financial abilities and their annual income. The need based scholarships require proof of financial inability to pay for college. Whereas the student specific scholarships are based on the race, religion, gender, medical history and other such factors. One such example of a student specific scholarships is the scholarships for black people. These scholarships are offered by religious or race specific trusts that work for the development of the backward race or religion.