Saturday, December 17, 2011

Scholarships and Grants For College

In the present day financial scenario, it is very difficult to maintain a balance between our expenses and the income. As we know, education has become a necessity for one and all, so visibly the best option is scholarships and grants. Basically scholarships and grants for college refer to the fee waiver, either partial or complete, or the financial aid, offered to the meritorious student, to carry forward their education. This is primarily done to reduce the financial burden that hovers over their minds due to lack of financial assets. Such types of facilities not only help the student to attain the level of knowledge that he/she deserves but also gives rise to the sense of responsibility to carry forward the previous meritorious record to a new height.

These scholarships and grants for college vary according to their types and few of them are as mentioned below:
On the basis of academics: Good past academic record is must. On the basis of extra-curricular activities: Sports and other physical activities at state/national level are recognized. On the basis of financial status: Financially weak students are primary consideration. On the basis of scholarship tests: General people scholarship, selection is done on the basis of test. On the basis of number of family members studying in the college: Fee waiver is offered if more than one sibling is in the same institution. Some colleges also offer student to work part time for the college authorities and in return, students are given stipend that helps them to continue their studies. Sometimes, these scholarships and grants for college are also provided by Non Government Organizations (NGOs). These NGOs usually include co-operative societies, labor unions and religious institutions.

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