News

Browse All News Topics

Blog Articles For Topic Academic Scholarships

The Impact of Merit Aid


Oct 19, 2011

Wherever you are in the financial aid process, you’ve probably heard the term merit aid – financial aid based on students' academic and other merit rather than financial need – and its increasing popularity over the last decade or so. What you may not know, however, is the impact this trend has had on students seeking need-based aid. [...]

Continue Reading
65 months ago 0 comments

A few months back, we wrote about helpful tips on maximizing merit aid, or aid based on a student’s attributes like academics, athletics and extracurriculars. For college applicants who aren’t deemed financially needy in terms of their FAFSA or EFC, merit aid can make a huge difference in the schools they can realistically afford to attend. Students and families seeking this extra financial aid boost should consider researching schools more likely to dispense merit-based awards but with so many colleges and universities in the U.S., which ones are the best financial bets? [...]

67 months ago 0 comments Read More

The latest group of Rhodes Scholars was announced by The Rhodes Trust yesterday, with 32 Americans chosen to receive two to four years of study at the University of Oxford in England, all expenses paid.  The Rhodes scholarships were created in 1902 through the will of Cecil Rhodes, who hoped to broaden leaders' minds by exposing them to different cultures, and the first group of Americans entered Oxford in 1904. It is now the oldest international fellowship offered, and the number of applicants who apply make it one of the most competitive academic and merit-based scholarships out there. This year, more than 1,500 students sought their college or university's endorsement into the program, and 805 received those endorsements, just the first step in the application process. The winners will enter Oxford next October.  So how do you apply for the prestigious award? [...]

88 months ago 0 comments Read More

During the 2008-2009 academic year, an anonymous donor gave over $100 million to 20 colleges and universities nationwide. A large portion of the donated money was earmarked for university scholarships, specifically for minorities and women. Now, schools are beginning to spend the money, and The Chronicle of Higher Education is charting where the money is going. [...]

89 months ago 0 comments Read More

A new book is shedding light on graduation rates at state colleges, and also causing a stir with its findings and recommendations. The book, Crossing the Finish Line: Completing College at America's Public Universities, was written by William G. Bowen, a former president of Princeton University, Michael S. McPherson, a former president of Macalester College, and Matthew M. Chingos, a graduate student at Harvard University. It shows many of the nation's top public schools are coming up short when it comes to graduating students in four years, especially low-income and minority students. [...]

90 months ago 0 comments Read More

The University of Texas has announced plans to withdraw as a sponsor of National Merit, a popular national scholarship program that students qualify for based on standardized test scores. In an effort to focus on providing need-based financial aid, the university will no longer offer scholarships specifically for National Merit Scholars. The University of Texas, which was second only to Harvard University in the number of National Merit Finalists it enrolled, offered qualifying students awards worth up to $13,000 over the course of four years. [...]

90 months ago 0 comments Read More

Roosevelt University in Chicago has just awarded its first batch of full-tuition scholarships to students graduating from Social Justice High School, a school on the city's southwest side.  Eight graduates from Social Justice High School earned four-year scholarships, each worth more than $80,000, for earning good grades and doing well on the ACT. [...]

93 months ago 0 comments Read More

This week's Scholarship of the Week is the Akash Kuruvilla Memorial Scholarship, an award created to keep alive Akash Kuruvilla's legacy of leadership, diversity, integrity and academia by rewarding students who share these same values.  One male and one female undergraduate student will receive a $1,000 scholarship award based on academics, extracurriculars, work and volunteer experience, financial need and a response to the question, "What does the phrase 'the American dream' mean to you, and how do you embody the American dream?" [...]

95 months ago 0 comments Read More

Many businesses give back to the communities that support them by offering scholarship opportunities for local students.  Similarly, a number of prominent companies with a national scope offer generous corporate scholarships, such as this week's Scholarship of the Week.  The Lowe's Scholarship is a national scholarship program for high school seniors with annual prizes of up to $15,000 awarded based on academics, involvement, and leadership qualities. [...]

98 months ago 0 comments Read More
View -15 More Articles