What is a needs-based scholarship?
Understand the Problem
The question is asking for the definition of a needs-based scholarship and presents multiple-choice options. The goal is to identify the correct option that accurately describes what a needs-based scholarship is.
Answer
It is a scholarship given to students with financial needs.
The final answer is: It is a scholarship given to students with financial needs.
Answer for screen readers
The final answer is: It is a scholarship given to students with financial needs.
More Information
Need-based scholarships focus on a student's financial need to help cover education costs, differing from merit-based scholarships which are based on accomplishments.
Tips
A common mistake is to confuse need-based with merit-based scholarships. Remember, need-based focuses on financial need, not academic performance or talents.
Sources
- What Is a Need-Based Scholarship? Do I Qualify? - Tallo - tallo.com
- What does need-based mean? | Federal Student Aid - studentaid.gov
- The Difference Between Merit and Need-Based Scholarships | Chase - chase.com
AI-generated content may contain errors. Please verify critical information
