Scholarships are a great way to help pay for your education in the US, but there are many different types of scholarships available. In this blog post, we’ll help you understand the different types of scholarships in the US.
Merit-based scholarships are awarded based on academic achievement, athletic ability, or artistic talent. Need-based scholarships are awarded based on financial need, and some scholarships may be a combination of both merit and need-based criteria.
Scholarships can also be institutional, which means they’re offered by the school you’re attending, or private, which means they’re offered by outside organizations. Some scholarships are specific to certain fields of study or demographics, like scholarships for women or scholarships for underrepresented minority groups.
Understanding the different types of scholarships can help you find the best opportunities for your specific situation and needs.