Financial Aid

Scholarships

Scholarships are merit-based forms of financial funding that are awarded to students based upon their personal qualities and achievements.

Some examples include:

  • High standardized test scores.
  • High grade point average (GPA).
  • Excellence in a particular academic field of study.
  • Sports and athletics.
  • Certain extracurricular activities, including community service and leadership.
  • Ethnic background or religious affiliation.
  • Other qualities as determined by the organization awarding the scholarship.

Organizations that may award scholarships include:

  • The school that the student attends.
  • Non-profit organizations and scholarship funds that support educational initiatives.
  • Private organizations.
  • Some employers.

Scholarships are highly coveted by both students and parents, and are considered to be the most prestigious form of college funding, as they’re generally awarded in recognition of a student’s strong personal qualities. In order to remain eligible for a scholarship, a student must often be attending school full-time and must meet a minimum GPA requirement. Scholarships usually remain available for eight total semesters, giving the student four years to complete their degree.

When accepting a scholarship always confirm the following:

  • Renewal requirements, like the minimum GPA or credit completion rate.
  • How many semesters can the scholarship extend? Would the scholarship fund a ninth or tenth semester if necessary?

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