Any person preparing to pay for an education may become confused about the differences between college scholarships and financial aid. While college scholarships and financial aid can both help pay for a college education, they are very distinct terms. College scholarships refer to grants of money for education offered by a school, government, or private foundations that do…
Firefighting can be a dangerous occupation, so there are firefighter scholarships to commemorate those who have given the ultimate sacrifice. Some of these programs might be named after a particular fire fighter and each one could be intended for different recipients. Scholarships are sometimes available for those already working in a fire brigade, especially if…
A postgraduate scholarship is an offer of financial assistance to a student pursuing a degree beyond the first or bachelor’s qualification. Such scholarships are intended to defray the costs associated with postgraduate education. They may be offered on a number of grounds, ranging from academic merit to the promotion of education for minorities. Students enrolled in…
A scholarship endowment is a fund a college uses to pay for scholarships. The fund may be general in nature or it could cover a specific scholarship, depending on how the institution sets it up. Colleges rely on such funds to provide financial assistance to needy or deserving students, and the money is subject to special tax treatment, allowing…
Many people who want to complete a PhD, or doctorate degree, in their chosen field of study require assistance to cover the cost in the form of a PhD scholarship. A PhD scholarship may come directly from the accrediting institution or it may come from an outside source. Many students use more than one PhD scholarship…
A full-ride scholarship is a good way to afford going to college without being saddled with debt after graduation. No matter how large or small the school, a it’s difficult to win a scholarship that will pay for all of your expenses. There are several things that make a student more attractive to schools, however,…
There are a few key differences between financial aid and scholarships. First, some forms of financial aid, primarily loans, will need to be paid back, whereas scholarships are awards that never need to be paid back. In addition, financial aid is typically based on need. Although scholarships may also be need-based, this is not always the case;…
To receive a need-based scholarship, a student needs to demonstrate evidence of financial need to meet scholarship criteria. A number of types of scholarships designed to provide financial assistance to needy students are available. Students should be aware that criteria can vary, and not qualifying for one doesn’t mean they have no hope of need-based financial assistance….
The Rhodes Scholarship is a prestigious, full-ride scholarship to study a degree course at Oxford University, UK. The scholarship was established in 1902, after the death of Cecil Rhodes, with a legacy he left for this purpose. It is managed by the Rhodes Trust. The principle aim of the full ride scholarship is to provide…
When applying for different types of scholarships, it is a good idea to develop an organizational system so that you can complete your scholarship applications in a timely fashion and get them sent out to scholarship providers before their respective submission deadlines. It is important to familiarize yourself with the requirements for each scholarship program…
The Hope Scholarship Credit, or Hope Credit, is a tax credit offered by the US Government for expenses paid for higher education. A tax credit means that the benefit is applied after taxes are deducted whereas a tax deduction means that the benefit is used to reduce the amount of taxable income — the value on which taxes owed for a given…
A scholarship pageant is a competition offering scholarships to participants. It is run much like a traditional beauty pageant where participants are judged on presentation and appearance, but may include a service and talent element. Organizations around the world host scholarship pageants offering a variety of prizes. Competitors may be eligible for prize money even…