need-based aid
Poverty-driven financial assistance
Need-based aid is financial assistance awarded according to a student's or family's demonstrated economic circumstances rather than academic achievement or other merit.
It includes grants, subsidized loans, and work-study programs: She qualified for need-based aid after submitting her financial documents.
Contrasts with merit-based aid, which rewards talent or accomplishment regardless of financial situation.
- grantBestow or award money
- financial aidFunding for education expenses
- subsidyFinancial assistance from government
- bursaryEducational financial award
- FAFSAFederal aid application form
scholarship · eligibility · means test · income verification · student loan · socioeconomic · tax credit · food stamps · tuition waivers · work-study program · college affordability · free college · Medicaid · housing assistance · low-income · first-generation student · public housing · safety net
- College Admissionscollege applications, application fee, college application, admission essays, applications
- arts fundingarts funding, art funding, grants, federal funding, patronage
- college accessadmissions, college prep, college readiness, financial aid, first-generation students
- College Policytuition caps, federal funding, state funding, financial aid, student aid
- Educational Fundingscholarship, grant, merit scholarship, education grant, federal aid
- Financial AidPell Grant, scholarships, grants, federal grants, fellowships
need-based aidmerit-based aid
Funding awarded for achievement
merit scholarships · academic scholarships · athletic scholarships · merit awards · diversity scholarships