private scholarships

Non-governmental educational grants

Private scholarships are financial awards for education funded by non-governmental sources—corporations, foundations, community organizations, or individuals rather than federal or state programs.

Students typically apply separately from institutional aid: She won a private scholarship from the local Rotary Club.

Unlike need-based aid, many private scholarships reward merit, specific talents, or membership in particular groups.

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funding source

private scholarshipsfederal grants

Government-allocated public funds

government scholarships · public funding · Pell Grants · state grants · university scholarships

merit vs. need basis

private scholarshipsneed-based aid

Assistance determined by income

need-based grants · welfare assistance

repayment requirement

private scholarshipsfederal loans

Government-issued borrowed funds

student loans · private loans · government loans · subsidized loans · work-study

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