merit-based aid
Achievement-rewarded financial assistance
Merit-based aid is financial assistance awarded for achievement rather than financial need—academic performance, athletic ability, artistic talent, or other accomplishments.
Colleges and universities use it to attract high-performing students: She received merit-based aid for her test scores.
It contrasts with need-based aid, which considers family income.
- full rideComplete academic funding
- grantsAwarded funds for purposes
- athletic scholarshipTuition aid for competitors
- honorsRecognition for achievement
- valedictorianTop-ranked graduating student
top of class · scholarship · tuition · tuition waivers · fellowship · criteria · GPA · grade point average · standardized tests · bursary · academic competitions · FAFSA · honor roll · tuition assistance · award letter · student loans · work-study programs · academic achievement
- Education Equityeducation equity, desegregation, school integration, affirmative action, educational segregation
merit-based aidneed-based aid
Assistance determined by income
Pell Grant · Pell Grants · diversity scholarships · athletic scholarships