A scholarship is an award of access to an institution, or a financial aid award for an individual student scholar, for the purpose of furthering their education. Student financial aid refers to funding intended to help students pay education expenses including Tuition and fees Room and board, books and supplies etc Education encompasses both the Teaching and Learning of Knowledge, proper conduct, and technical competency Scholarships are awarded based on a range of criteria which usually reflect the values and purposes of the donor or founder of the award.

Types

Scholarships may be classified into the following primary groups.

• Merit: This is financial aid for which financial need is not used to determine the recipient. The recipient may be determined by students’ athletic, academic, artistic or other abilities. The actual monetary value of the scholarship may be negligible, the scholarship being meant to motivate the student and promote the study of the subject. However, this is not always the case and the largest scholarships are almost always merit-based.
• Need: This is financial aid for which the student and family’s financial situation is a primary factor in determining the recipient. Usually such scholarship will cover all or part of the tuition and may even cover living costs. Tuition means instruction or teaching. In American English, the term tuition is often used to refer to a fee charged for educational instruction Very often even need-based private scholarships require the awardees to be distinguished students, as the deed founding the award may include a phrase like "for the studies of founder's favourite subject in founder's favourite institution of higher education for a talented youths of limited means from founder's home town/county/state, etc. "
• Sociology: This is financial aid where applicants must initially qualify by race, religion, or national origin. After filtering the applicants based on their ethnicity, additional factors are taken into consideration to determine the final recipients.
• Institutional: These are scholarships awarded by a specific college or university (institution) to a student planning to attend that institution.
• General: These are other scholarships which are awarded for a variety of reasons that do not fall into one of the above categories. These may be for reasons of the student's association with the objectives of the sponsoring organization. For example, some corporations give scholarships to their employees' children or based upon academic success.

Some scholarships have a "bond" requirement. Recipients may be required to work for a particular employer for a specified period of time or to work in rural or remote areas; otherwise they may be required to repay the value of the support they received from the scholarship. This is particularly the case with teacher training scholarships and currently with health and medical education scholarships for people from or prepared to work in rural and remote areas in Australia. The programs offered by the uniformed services of the United States (Army, Navy, Marine Corps, Air Force, Coast Guard, National Oceanic and Atmospheric Administration commissioned corps, and Public Health Service Commissioned Corps) sometimes resemble such scholarships. The United States has seven federal uniformed services that commission officers as defined by Title 10, and subsequently structured and organized The United States Army is a military organization whose primary mission is to "provide necessary forces and capabilities. The National Oceanic and Atmospheric Administration Commissioned Corps ( NOAA Corps) is the uniformed service of the National Oceanic and Atmospheric Administration The United States Public Health Service Commissioned Corps ( PHSCC) is the federal uniformed service of the United States Public Health Service (PHS consisting

Obtaining

Local scholarships

It is typical for persons to find scholarships in their home region. Information on these can be found by asking local persons and organizations. An organization (or organisation &mdash see spelling differences) is a social arrangement which pursues collective goals which controls its own performance and Typically, these are less competitive as the eligible population is smaller.

• Guidance counselors: When starting to explore scholarship opportunities, high school students should definitely check in with their guidance counselors. They can be a great resource for local scholarships.

• Non-profit organizations: Most non-profit organizations have at some point of their history founded scholarships for prospective students:

• Community foundations: Many counties / cities / regions have a local foundation dedicated to giving money in the form of grants and scholarships to people and organizations in the area.

• Labor unions: All the major labor unions offer scholarships for members and their dependent children. A trade union or labour union is an organization of workers who have banded together to achieve common goals in key areas such as wages hours and working conditions forming

• Houses of worship: The local house of worship may or may not have any scholarships for their members, but the religious organization or headquarters may have some available. A place of worship or house of worship is a building or other location where a group of people (a congregation) comes to perform acts of religious praise honour Of course, the best-supported area is the study of theology. Theology is the study of a god or the gods from a religious perspective

• Chamber of commerce: Many chambers of commerce offer (usually small) grants to students in the community, especially those planning on careers in business and public service. A chamber of commerce (also referred to in some circles as a board of trade) is a form of Business network. Even if they do not offer any themselves, you can usually get a listing of members, and many of them may offer small scholarships to local students.

• Other volunteer organizations: Many organizations offer scholarships or award grants to students whose background or chosen field overlaps the field of the organization. For example, local chapters of professional societies may help the studies of exceptionally distinguished students of the region. Similarly, charity organizations may offer help, especially if the late parent of the student was a member of the organization (e. g. , a Masonic lodge might help the orphan of a lodge brother. ) However, this kind of scholarship is mostly random.

• School: Old, well-known schools have often been endowed with scholarship funds. A school (from Greek σχολεῖον - scholeion) is an Institution designed to allow and encourage Students (or "pupils"

• University: Old, well-established universities may have funds to finance the studies of extremely talented students of little means. A university is an institution of Higher education and Research, which grants Academic degrees in a variety of subjects To be eligible for them, the student must usually belong to some special category or be among the nation's best. However, universities have information available on scholarships and grants, possibly even internship opportunities.

• PSAT/NMSQT: In the United States, students are offered the opportunity to take the PSAT/NMSQT test, usually in their junior year of high school. The Preliminary SAT/National Merit Scholarship Qualifying Test is a multiple-choice Standardized test administered by the College Board and National High school is the name used in some parts of the world (in particular Scotland, North America and Australia) to describe an institution Not only does it help them to prepare for the SAT later on, but National Merit Scholarship programs are determined, in the first step, by the scores received on the PSAT/NMSQT test. The SAT Reasoning Test (formerly Scholastic Aptitude Test and Scholastic Assessment Test) is a standardized test for College admissions in the Some private scholarship programs require the applicants to take the PSAT.

Other sources of information on scholarships are libraries, newspapers, the yellow pages, and Internet search engines. A library is a collection of information sources resources and services and the structure in which it is housed it is organized for use and maintained by a public body an institution A newspaper is a written Publication containing News, information and Advertising, usually printed on low-cost paper called Newsprint. The term Yellow Pages refers to a Telephone directory of Businesses categorized according to the product or service provided

Notable scholarships

• America's Junior Miss
• Canada Merit Scholarship Foundation
• Canadian Millennium Scholarship
• Chevening Scholarship
• Commonwealth Scholarship
• Congress-Bundestag Youth Exchange
• Fulbright Program
• Gates Scholarship
• George J. Mitchell Scholarship
• IITA Scholarship
• Jack Kent Cooke Scholarship
• Marshall Scholarship
• Meyerhoff Scholarship Program
• Monbukagakusho Scholarship
• National Merit Scholarship
• Naval Reserve Officers Training Corps
• New York Times College Scholarship Program
• President's Scholar
• Rhodes Scholarship
• Rotary International Scholarships
• Samsung Global Scholarship Program
• Truman Scholarship
• United Negro College Fund
• World Bank Scholarship
• Filipinas, Ahora Mismo

See also

• Demyship
• Exhibition
• Financial aid
• Endowment
• Athletic scholarship

References

• DiFiore, Laura, et al. America's Junior Miss is a national's non-profit organization that provides scholarship opportunities to High school girls The Canadian Merit Scholarship Foundation (CMSF awards are the most prestigious scholarships for entering college students in Canada. The Canada Millennium Scholarship Foundation is a private independent organization created by an act of the Parliament of Canada in 1998 Chevening Scholarship is a well-known Scholarship scheme for international students who wish to study in the United Kingdom. The Commonwealth Scholarship and Fellowship Plan (CSFP is an international programme under which Commonwealth governments offer scholarships and fellowships to citizens of other The Congress-Bundestag Youth Exchange (CBYX German name Parlamentarisches Patenschafts-Programm or PPP) is a youth Student exchange program founded The Fulbright Program, including the Fulbright-Hays Program, is a program of grants for international educational exchange for scholars educators graduate The Gates Cambridge Scholarships were established by the Bill and Melinda Gates Foundation in 2000 with a $210 million endowment to enable outstanding graduate students from The George J Mitchell Scholarship is an Scholarship given annually by the US-Ireland Alliance to 12 Americans age 18-30 to fund one year of graduate The Institute of Information Technology Advancement (IITA is a government organization working Ministry of Information and Communication (South Korea (MIC for R&D in the Marshall Scholarships awards a graduating American undergraduate can receive created by the British Parliament when the Marshall Aid Commemoration Act was The Meyerhoff Scholarship Program was founded at the University of Maryland Baltimore County (UMBC in 1988 with a grant from the Robert and Jane Meyerhoff Foundation Monbukagakusho Scholarship (formerly known as Monbusho Scholarship is a prestigious Scholarship offered by the Monbukagakusho. The National Merit Scholarship Program is a United States academic Scholarship competition for recognition and college scholarships administered by National Merit The Naval Reserve Officers Training Corps ( NROTC) program is a College -based Commissioned officers recruitment tool of the United States Navy The New York Times College Scholarship Program is a prestigious academic scholarship competition for New York City high school seniors A President's Scholar is a recipient/awardee of the most prestigious class of university undergraduate scholarships handed out to pre-university students with Singaporean citizenship Rhodes Scholarship Rhodes scholar redirects here Rhodes Scholar redirects here Rhodes scholars Rotary International offers a number of scholarships worldwide for periods of 3 months 6 months 1 year and 2 years The Samsung Global Scholarship Program (GSP sometimes called the Samsung Genius Scholarship Program is a study and work program of Samsung Electronics designed in view of The Harry S Truman Scholarship is a federal Scholarship granted to U The United Negro College Fund ( UNCF) is a Fairfax, Virginia -based American philanthropic organization that fundraises College tuition The World Bank Scholarship programme began in 1982 Students are able to undertake Graduate studies in subjects related to Economic development Filipinas Ahora Mismo, or Pilipinas Ora Mismo ( English Translation: Philippines Right Now) is a A demyship (or demy) is a form of Scholarship, specifically at Magdalen College Oxford. At the universities of Dublin, Oxford and Cambridge and at Westminster School and Winchester College, an exhibition is a financial Student financial aid refers to funding intended to help students pay education expenses including Tuition and fees Room and board, books and supplies etc A financial endowment is a Transfer of Money or Property donated to an Institution, usually with the stipulation that it be invested An athletic scholarship is a form of Scholarship to attend a College or University awarded to an individual based predominantly on his or her ability to "Tips on Finding Scholarships. " FreSch! Free Scholarship Search. 1997.