2015 SRNS Family Scholarships (35559759033)

A scholarship is a form of financial aid awarded to

students A student is a person enrolled in a school or other educational institution. In the United Kingdom and most commonwealth countries, a "student" attends a secondary school or higher (e.g., college or university); those in primary or elementar ...

for further

education Education is a purposeful activity directed at achieving certain aims, such as transmitting knowledge or fostering skills and character traits. These aims may include the development of understanding, rationality, kindness, and honesty ...

. Generally, scholarships are awarded based on a set of criteria such as academic merit,

diversity and inclusion The business case for diversity stems from the progression of the models of diversity within the workplace since the 1960s. In the United States, the original model for diversity was situated around affirmative action drawing from equal opportuni ...

, athletic skill, and financial need. Scholarship criteria usually reflect the values and goals of the donor of the award, and while scholarship recipients are not required to repay scholarships, the awards may require that the recipient continue to meet certain requirements during their period of support, such maintaining a minimum

grade point average Grading in education is the process of applying standardized measurements for varying levels of achievements in a course. Grades can be assigned as letters (usually A through F), as a range (for example, 1 to 6), as a percentage, or as a numbe ...

or engaging in a certain activity (e.g., playing on a school sports team for

athletic scholarship An athletic scholarship is a form of scholarship to attend a college or university or a private high school awarded to an individual based predominantly on his or her ability to play in a sport. Athletic scholarships are common in the United ...

holders). Scholarships also range in generosity; some range from covering partial

tuition Tuition payments, usually known as tuition in American English and as tuition fees in Commonwealth English, are fees charged by education institutions for instruction or other services. Besides public spending (by governments and other public bo ...

ranging all the way to a 'full-ride', covering all tuition, accommodation, housing and others. Some prestigious, highly competitive scholarships are well-known even outside the academic community, such as

Fulbright Scholarship The Fulbright Program, including the Fulbright–Hays Program, is one of several United States Cultural Exchange Programs with the goal of improving intercultural relations, cultural diplomacy, and intercultural competence between the people ...

and the

Rhodes Scholarships The Rhodes Scholarship is an international Postgraduate education, postgraduate award for students to study at the University of Oxford, in the United Kingdom. Established in 1902, it is the oldest graduate scholarship in the world. It is con ...

at the graduate level, and the

Robertson Robertson may refer to: People * Robertson (surname) (includes a list of people with this name) * Robertson (given name) * Clan Robertson, a Scottish clan * Robertson, stage name of Belgian magician Étienne-Gaspard Robert (1763–1837) Place ...

, Morehead-Cain and Jefferson Scholarships at the undergraduate level.

Scholarships vs. grants

While the terms ''scholarship'' and ''

grant Grant or Grants may refer to: Places *Grant County (disambiguation) Australia * Grant, Queensland, a locality in the Barcaldine Region, Queensland, Australia United Kingdom * Castle Grant United States * Grant, Alabama * Grant, Inyo County, ...

'' are frequently used interchangeably, they are distinctly different. Where grants are offered based exclusively on financial need, scholarships may have a financial need component but rely on other criteria as well. * Academic scholarships typically use a minimum grade-point average or

standardized test A standardized test is a test that is administered and scored in a consistent, or "standard", manner. Standardized tests are designed in such a way that the questions and interpretations are consistent and are administered and scored in a predete ...

score such as the ACT or SAT to narrow down awardees. * Athletic scholarships are generally based on athletic performance of a student and used as a tool to recruit high-performing athletes for their school's athletic teams. * Merit scholarships can be based on a number of criteria, including performance in a particular school subject or club participation or community service. A federal

Pell Grant A Pell Grant is a subsidy the U.S. federal government provides for students who need it to pay for college. Federal Pell Grants are limited to students with financial need, who have not earned their first bachelor's degree, or who are enrolled i ...

can be awarded to someone planning to receive their undergraduate degree and is solely based on their financial needs.

Types

Admiral hands out scholarship money DVIDS319434

The most common scholarships may be classified as: * Merit-based: These awards are based on a student's academic, artistic, athletic, or other abilities, and often a factor in an applicant's

extracurricular activities An extracurricular activity (ECA) or extra academic activity (EAA) or cultural activities is an activity, performed by students, that falls outside the realm of the normal curriculum of school, college or university education. Such activities a ...

and community service record. Most such merit-based scholarships are paid directly by the institution the student attends, rather than issued directly to the student. * Need-based: Some private need-based awards are confusingly called scholarships, and require the results of a FAFSA (the family's expected family contribution). However, scholarships are often merit-based, while grants tend to be need-based. * Student-specific: These are scholarships for which applicants must initially qualify based upon gender, race, religion, family, and medical history, or many other student-specific factors. Minority scholarships are the most common awards in this category. For example, students in Canada may qualify for a number of Indigenous scholarships, whether they study at home or abroad. The Gates Millennium Scholars Program is another minority scholarship funded by Bill and Melinda Gates for excellent African American, American Indian, Asian Pacific Islander American, and Latino students who enroll in college. * Career-specific: These are scholarships a college or university awards to students who plan to pursue a specific field of study. Often, the most generous awards go to students who pursue careers in high-need areas, such as education or nursing. Many schools in the United States give future nurses full scholarships to enter the field, especially if the student intends to work in a high-need community. * College-specific: College-specific scholarships are offered by individual colleges and universities to highly qualified applicants. These scholarships are given on the basis of academic and personal achievement. Some scholarships have a "bond" requirement. Recipients may be required to work for a particular employer for a specified period of time or to work in rural or remote areas; otherwise, they may be required to repay the value of the support they received from the scholarship. This is particularly the case with education and nursing scholarships for people prepared to work in rural and remote areas. The programs offered by the

uniformed services of the United States The United States has eight federal uniformed services that commission officers as defined by Title 10 and subsequently structured and organized by Titles 10, 14, 32, 33 and 42 of the U.S. Code. Uniformed services The uniformed services ...

(

Army An army (from Old French ''armee'', itself derived from the Latin verb ''armāre'', meaning "to arm", and related to the Latin noun ''arma'', meaning "arms" or "weapons"), ground force or land force is a fighting force that fights primarily on ...

Navy A navy, naval force, or maritime force is the branch of a nation's armed forces principally designated for naval and amphibious warfare; namely, lake-borne, riverine, littoral, or ocean-borne combat operations and related functions. It in ...

, Marine Corps,

Air Force An air force – in the broadest sense – is the national military branch that primarily conducts aerial warfare. More specifically, it is the branch of a nation's armed services that is responsible for aerial warfare as distinct from an ...

Coast Guard A coast guard or coastguard is a maritime security organization of a particular country. The term embraces wide range of responsibilities in different countries, from being a heavily armed military force with customs and security duties to ...

National Oceanic and Atmospheric Administration Commissioned Officer Corps The National Oceanic and Atmospheric Administration Commissioned Officer Corps, known informally as the NOAA Corps, is one of eight federal uniformed services of the United States, and operates under the National Oceanic and Atmospheric Administ ...

, and Public Health Service Commissioned Corps) sometimes resemble such scholarships. *

Athletic Athletic may refer to: * An athlete, a sportsperson * Athletic director, a position at many American universities and schools * Athletic type, a physical/psychological type in the classification of Ernst Kretschmer * Athletic of Philadelphia, a ba ...

: Awarded to students with exceptional skill in a sport. Often this is so that the student will be available to attend the school or college and play the sport on their team, although in some countries government funded sports scholarships are available, allowing scholarship holders to train for international representation. School-based athletics scholarships can be controversial, as some believe that awarding scholarship money for athletic rather than academic or intellectual purposes is not in the institution's best interest. * Brand: These scholarships are sponsored by a corporation that is trying to gain attention to their brand, or a cause. Sometimes these scholarships are referred to as branded scholarships. The

Miss America Miss America is an annual competition that is open to women from the United States between the ages of 17 and 25. Originating in 1921 as a "bathing beauty revue", the contest is now judged on competitors' talent performances and interviews. As ...

beauty pageant is a famous example of a brand scholarship. * Creative contest: These scholarships are awarded to students based on a creative submission. Contest scholarships are also called mini project-based scholarships, where students can submit entries based on unique and innovative ideas. *"Last dollar": can be provided by private and government-based institutions, and are intended to cover the remaining fees charged to a student after the various grants are taken into account.Kelchen, Robert. (April 17, 2014).
The Political Attractiveness of "Last-Dollar" Scholarships
, ''

Washington Monthly ''Washington Monthly'' is a bimonthly, nonprofit magazine of United States politics and government that is based in Washington, D.C. The magazine is known for its annual ranking of American colleges and universities, which serves as an alternat ...

''. Retrieved February 25, 2016. To prohibit institutions from taking last dollar scholarships into account, and thereby removing other sources of funding, these scholarships are not offered until after financial aid has been offered in the form of a letter. Furthermore, last dollar scholarships may require families to have filed taxes for the most recent year, received their other sources of financial aid, and not yet received loans.

Notable scholarships

Name of scholarship with institution and/or sponsoring organisation

Chevening Scholarship The Chevening Scholarship is an international scholarship, funded by the British Foreign and Commonwealth Office, that lets foreign students with leadership qualities study at universities in the United Kingdom. History The Chevening Scholarship ...

: Foreign & Commonwealth Office (UK) * China Scholarship Council Scholarship: Government of China *

Commonwealth Scholarship The Commonwealth Scholarship and Fellowship Plan (CSFP) is an international programme under which Commonwealth governments offer scholarships and fellowships to citizens of other Commonwealth countries. History The plan was originally proposed b ...

: Commonwealth governments * Coca-Cola Scholarship: the Coca-Cola Company * Endeavour Awards: Government of Australia *

Erasmus Mundus The European Union's Erasmus Mundus programme (named after Erasmus, the Renaissance scholar) aims to enhance quality in higher education through scholarships and academic co-operation between the EU and the rest of the world. The three main objec ...

: European Union *

* Gates Cambridge Scholarship: Bill & Melinda Gates Foundation; University of Cambridge * Jardine Scholarship: Jardine Matheson; Universities of Oxford and Cambridge *

Marshall Scholarship The Marshall Scholarship is a postgraduate scholarship for "intellectually distinguished young Americans ndtheir country's future leaders" to study at any university in the United Kingdom. It is widely considered one of the most prestigious sc ...

: UK universities * Mitchell Scholarship: US-Ireland Alliance *

Morehead-Cain Scholarship The Morehead-Cain Scholarship (originally the Morehead Scholarship) was the first merit scholarship program established in the United States. It was founded at the University of North Carolina at Chapel Hill in 1951 and was named for its benefact ...

: University of North Carolina * Foundation Scholarship: Trinity College Dublin *

Rhodes Scholarship The Rhodes Scholarship is an international postgraduate award for students to study at the University of Oxford, in the United Kingdom. Established in 1902, it is the oldest graduate scholarship in the world. It is considered among the world' ...

: University of Oxford *

Schwarzman Scholars Schwarzman Scholars (), founded by American financier Stephen A. Schwarzman, is an international postgraduate award program for students to study at Tsinghua University. Awards are made to 100–200 applicants per year, worldwide. The program s ...

: Tsinghua University

Scholarships vs. grants

Types

Notable scholarships

Name of scholarship with institution and/or sponsoring organisation

See also

References

Further reading