Scholarship Success

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Questions and Answers

What is a scholarship?

  • A type of student loan
  • A grant for students with financial need
  • A reward for good behavior in school
  • A form of financial aid for further education (correct)

What are some criteria that scholarships are awarded based on?

  • Academic merit, diversity and inclusion, athletic skill, and financial need (correct)
  • Academic merit only
  • Athletic skill only
  • Financial need only

Do scholarship recipients have to repay the scholarship?

  • No (correct)
  • Yes
  • It depends on the donor of the award
  • It depends on the type of scholarship

What are some requirements that scholarship recipients may have to meet during their period of support?

<p>Maintaining a minimum grade point average or engaging in a certain activity (D)</p> Signup and view all the answers

Do all scholarships cover full tuition?

<p>No (D)</p> Signup and view all the answers

What are some well-known scholarships at the undergraduate level?

<p>Robertson, Morehead-Cain and Jefferson Scholarships (C)</p> Signup and view all the answers

What is the difference between scholarships and grants?

<p>Scholarships may have a financial need component but rely on other criteria as well, while grants are offered based exclusively on financial need (D)</p> Signup and view all the answers

What is a federal Pell Grant?

<p>A grant solely based on financial need for someone planning to receive their undergraduate degree (D)</p> Signup and view all the answers

What are some common types of scholarships?

<p>Academic, athletic, diversity and inclusion, and financial need-based scholarships (B)</p> Signup and view all the answers

Flashcards

What is a scholarship?

A form of financial aid to help students pay for further education.

Scholarship criteria

Academic achievement, promoting diversity, athletic talent, and financial need.

Repaying a scholarship

No, scholarships are a form of gift aid.

Scholarship requirements

Maintaining a GPA, participating in activities.

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Full tuition scholarships

No, scholarship amounts vary.

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Well-known scholarships

Robertson, Morehead-Cain, and Jefferson Scholarships.

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Scholarship vs. grant

Scholarships consider multiple criteria (including need), grants are based solely on financial need.

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Federal Pell Grant

A US federal grant based only on financial need for undergraduates.

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Types of scholarships

Academic, athletic, diversity, and need-based.

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Study Notes

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