merit aid

Grades-based tuition discount

Merit aid is financial assistance for education awarded based on academic achievement, talent, or other accomplishments rather than financial need.

Colleges use merit aid to attract high-performing students: She received a merit aid scholarship for her test scores.

Distinguished from need-based aid, which considers family income.

Merit aid may cover tuition partially or fully.

Related

GPA · financial · award · grant · college · achievement · excellence · honors · admission · early decision · discount · competitive · application · deserving · talent · grades · SAT · test optional

Categories
Opposites
basis of award

merit aidneed-based aid

Assistance determined by income

need-based grants · Pell Grant · financial aid · low-income assistance · subsidized loans

selectivity/exclusivity

merit aidfree tuition

Education at no charge

tuition waivers

Family

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