A scholarship is a form of
financial aid
Student financial aid in the United States is funding that is available exclusively to students attending a post-secondary educational institution in the United States. This funding is used to assist in covering the many costs incurred in purs ...
awarded to
students
A student is a person enrolled in a school or other educational institution, or more generally, a person who takes a special interest in a subject.
In the United Kingdom and most commonwealth countries, a "student" attends a secondary school ...
for further
education
Education is the transmission of knowledge and skills and the development of character traits. Formal education occurs within a structured institutional framework, such as public schools, following a curriculum. Non-formal education als ...
. Generally, scholarships are awarded based on a set of criteria such as academic merit,
diversity and inclusion
Diversity, in a business context, is hiring and promoting employees from a variety of different backgrounds and identities. Those characteristics may include various legally protected groups, such as people of different religions or races, or ...
, athletic skill, and financial need, research experience or specific professional experience.
Scholarship criteria usually reflect the values and goals of the donor of the award. 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 as maintaining a minimum
grade point average
Grading in education is the application of standardized Measurement, measurements to evaluate different levels of student achievement in a course. Grades can be expressed as letters (usually A to F), as a range (for example, 1 to 6), percentage ...
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 school, private high school awarded to an individual based predominantly on their ability to play in a sport. Athletic scholarships are common in the U ...
holders).
Scholarships also range in generosity; some cover partial
tuition
Tuition may refer to:
*Formal education, education within a structured institutional framework
*Tutoring, private academic help
*Tuition payments
Tuition payments, usually known as tuition in American English and as tuition fees in Commonwealth ...
, while others offer a 'full-ride', covering all tuition, accommodation, housing and others.
Historically, scholarships originated as acts of religious and philanthropic charity in
medieval Europe
In the history of Europe, the Middle Ages or medieval period lasted approximately from the 5th to the late 15th centuries, similarly to the post-classical period of World history (field), global history. It began with the fall of the West ...
before evolving into institutional tools of social mobility and national development.
From early support offered at universities such as the
University of Bologna
The University of Bologna (, abbreviated Unibo) is a Public university, public research university in Bologna, Italy. Teaching began around 1088, with the university becoming organised as guilds of students () by the late 12th century. It is the ...
and
Harvard University
Harvard University is a Private university, private Ivy League research university in Cambridge, Massachusetts, United States. Founded in 1636 and named for its first benefactor, the History of the Puritans in North America, Puritan clergyma ...
to the standardized merit-based aid of the 20th century, scholarships reflect evolving educational priorities.
In recent decades, scholarships have also become vital to public policy. They are increasingly used by governments and organizations to promote educational equity, economic development, and
poverty alleviation
Poverty reduction, poverty relief, or poverty alleviation is a set of measures, both economic and humanitarian, that are intended to permanently lift people out of poverty. Measures, like those promoted by Henry George in his economics classi ...
.
International frameworks such as the
United Nations Sustainable Development Goal 4 note the key role of scholarships in expanding educational access for disadvantaged learners to meet national and global development goals. At the same time, rising enrollment and reduced public funding has increased reliance on donor-supported scholarships and cost-sharing models, which further position scholarships as essential mechanisms in offsetting the burden of educational expenses.
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 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)
Plac ...
,
Morehead-Cain and
Jefferson Scholarships at the undergraduate level.
Scholarships vs. grants
While the terms ''scholarship'' and ''
grant'' 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
Grading in education is the application of standardized measurements to evaluate different levels of student achievement in a course. Grades can be expressed as letters (usually A to F), as a range (for example, 1 to 6), percentages, or as num ...
or
standardized test
A standardized test is a Test (assessment), 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 ...
score such as the
ACT or
SAT
The SAT ( ) is a standardized test widely used for college admissions in the United States. Since its debut in 1926, its name and Test score, scoring have changed several times. For much of its history, it was called the Scholastic Aptitude Test ...
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 can be awarded to someone planning to receive their undergraduate degree and is solely based on their financial needs.
Types

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 activity is an activity, performed by students, that falls outside the realm of the normal curriculum of school, college or university education. Although approved ...
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 Free Application for Federal Student Aid (FAFSA) is a form completed by current and prospective college students (undergraduate and Postgraduate education, graduate) in the United States to determine their eligibility for Student financial aid ...
(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 qualify on student-specific factors.
* Group-specific: Scholarships exclusive to a
protected group
A protected group, protected class (US), or prohibited ground (Canada) is a category by which people are qualified for special protection by a law, policy, or similar authority. In Canada and the United States, the term is frequently used in co ...
such as based on gender, race, sexual orientation, or religion can violate
anti-discrimination law
Anti-discrimination law or non-discrimination law refers to legislation designed to prevent discrimination against particular groups of people; these groups are often referred to as protected groups or protected classes. Anti-discrimination laws ...
.
* 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 Officer (armed forces), commission officers as defined by Title 10 of the United States Code, Title 10 and subsequently structured and organized by Titles Title 10 of the United States ...
(
Army
An army, ground force or land force is an armed force that fights primarily on land. In the broadest sense, it is the land-based military branch, service branch or armed service of a nation or country. It may also include aviation assets by ...
,
Navy
A navy, naval force, military maritime fleet, war navy, or maritime force is the military branch, branch of a nation's armed forces principally designated for naval warfare, naval and amphibious warfare; namely, lake-borne, riverine, littoral z ...
,
Marine Corps
Marines (or naval infantry) are military personnel generally trained to operate on both land and sea, with a particular focus on amphibious warfare. Historically, the main tasks undertaken by marines have included raiding ashore (often in supp ...
,
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 army aviati ...
,
Coast Guard
A coast guard or coastguard is a Maritime Security Regimes, 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 cust ...
,
, and
Public Health Service Commissioned Corps
The United States Public Health Service Commissioned Corps (USPHSCC; also referred to as the Commissioned Corps of the United States Public Health Service) is the Uniformed services, uniformed service branch of the United States Public Health S ...
) sometimes resemble such scholarships.
*
Athletic: 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 18 and 28. Originating in 1921 as a "bathing beauty revue", the contest is judged on competition segments with scoring percentages: ''Priva ...
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 primarily covering United States politics and government that is based in Washington, D.C. The magazine also publishes an annual ranking of American colleges and universities, which ser ...
''. 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.
*Open: a scholarship open to any applicant.
History
Origins in medieval Europe
One of the earliest examples of organized financial support for students is at the
oldest operating university, the
University of Bologna
The University of Bologna (, abbreviated Unibo) is a Public university, public research university in Bologna, Italy. Teaching began around 1088, with the university becoming organised as guilds of students () by the late 12th century. It is the ...
, in the 12th century. There, students formed associations called ''nations'' based on their geographic origins and pooled resources in "loan chests" to help one another pay off debts and educational expenses.
The origins of modern scholarships trace back to medieval Europe in the 13th and 14th centuries, where they took the form of charitable patronage. Initially, financial support for students was provided as a gift between wealthy families, with later funding extended to low-income students as acts of piety, penance, or mercy. The ethos of supporting students was rooted in Christian teachings that emphasized care of the poor and the promotion of pious learning.
Colonial era and early philanthropy
European philanthropic traditions continued as institutions of higher education emerged in the
colonies in North America. Wealthy colonists held philanthropic roles in the sponsorship and patronage of grade schools and higher learning institutions. In 1643,
Lady Anne Radcliffe Mowlson donated £100 to Harvard College to aid poor students in their pursuit of education, marking one of the first formal scholarship
endowments in the United States. This set the precedent for philanthropic scholarship at all levels of education.
Institutional aid
In 1838,
Harvard University
Harvard University is a Private university, private Ivy League research university in Cambridge, Massachusetts, United States. Founded in 1636 and named for its first benefactor, the History of the Puritans in North America, Puritan clergyma ...
created the Harvard Loan Program, one of the first institutional loan programs. It provided zero-interest loans to students unable to afford tuition. This model expanded across higher learning institutions to help students gain access to education through charitable lending.
The 19th century also saw a broader emphasis on civic virtue and meritocratic ideals.
Financial aid
Student financial aid in the United States is funding that is available exclusively to students attending a post-secondary educational institution in the United States. This funding is used to assist in covering the many costs incurred in purs ...
became aligned with the belief that supporting students would foster an educated citizenry and national development.
Federal expansion and modernization of aid
The introduction of standardized testing became a turning point for scholarship distribution. In the 1930s, Harvard developed the
Scholastic Aptitude Test (SAT) to identify talented students for scholarship funding, promoting merit-based aid rather than need-based aid.
Following
World War II
World War II or the Second World War (1 September 1939 – 2 September 1945) was a World war, global conflict between two coalitions: the Allies of World War II, Allies and the Axis powers. World War II by country, Nearly all of the wo ...
, the U.S. passed the
Servicemen's Readjustment Act of 1944
The G.I. Bill, formally the Servicemen's Readjustment Act of 1944, was a law that provided a range of benefits for some of the returning World War II veterans (commonly referred to as G.I.s). The original G.I. Bill expired in 1956, but the te ...
(G.I. Bill), which dramatically expanded access to education through government scholarships and loans for veterans. This development marked a shift toward greater governmental responsibility in financing and coordinating higher education.
Public policy
Scholarships have increasingly been recognized by governments and international organizations as tools for achieving development objectives,
poverty alleviation
Poverty reduction, poverty relief, or poverty alleviation is a set of measures, both economic and humanitarian, that are intended to permanently lift people out of poverty. Measures, like those promoted by Henry George in his economics classi ...
, and promoting equitable access to education. Higher education supported through scholarships has been described as an "engine of development" that fosters industrialization, economic growth, and the training of skilled professionals across sectors.
United Nations Sustainable Development Goal Target 4.b

The
United Nations Sustainable Development Goal 4, Quality Education, emphasizes inclusive and equitable quality education and lifelong learning opportunities. Target 4.b specifically calls for the expansion of global scholarships available to students from developing countries, particularly in higher education,
technical and vocational education and training, and
STEM
Stem or STEM most commonly refers to:
* Plant stem, a structural axis of a vascular plant
* Stem group
* Science, technology, engineering, and mathematics
Stem or STEM can also refer to:
Language and writing
* Word stem, part of a word respon ...
education.
[UNESCO. (2021). Scholarships. In ''Non-state actors in education: WHO CHOOSES? WHO LOSES?'' (pp. 339–350). UNESCO. http://www.jstor.org/stable/resrep65005.24] UNESCO's Incheon Declaration The ''Incheon declaration'' is a declaration on education adopted at the World Education Forum in Incheon, South Korea on 15 May 2015. It is the logical continuation of the Education For All (EFA) movement and the Millennium Development Goals on E ...
and Framework for Action for the implementation of SDG 4 describes scholarships as a means to promote international knowledge exchange and improve access for marginalized learners. In 2010, scholarships accounted for a quarter of total educational aid, averaging $3.2 billion USD annually.
[“Incheon Declaration and Framework for Action for the Implementation of Sustainable Development Goal 4.” ''UNESCO UIS'', 2016, uis.unesco.org/sites/default/files/documents/education-2030-incheon-framework-for-action-implementation-of-sdg4-2016-en_2.pdf.] UNESCO's 2002 analysis on financing education found that beyond individual benefits, equitable scholarship distribution contributes to broader economic and social returns, including increased productivity, civic engagement, and national capacity-building.
[UNESCO Institute for Statistics and OECD. 2002. ''Financing Education – Investments and Returns: Analysis of the World Education Indicators''. Montreal: UNESCO Institute for Statistics.unesdoc.unesco.org/ark:/48223/pf0000137382.]
Cost-sharing of higher education
At the start of the 21st century, higher education faced unprecedented demand from individuals seeking upward economic mobility and from governments pursuing national development. However, rising enrollment and limited public budgets created financial pressures across education systems. Governments also faced competing social priorities, contributing to reduced state funding and a growing reliance on non-governmental revenue sources for educational access.
In this context, some policymakers argue that meeting the increasing demands of secondary and post-secondary education requires greater cost-sharing by students and their families.
Educator
Donald Bruce Johnstone describes
cost sharing Costs are shared when more than one party pays towards the total costs, or accounted for separately across a number of activities or projects.
In health care, cost sharing occurs when patients pay for a portion of health care costs not covered by ...
as the distribution of educational expenses among governments, parents, students, and donors.
This shift often involved the introduction of user fees, particularly in higher education where individual returns are highest, alongside increased reliance on donor-supported financing.
As tuition fees rose and public subsidies declined education systems transitioned from state-dominated financing to multi-source funding, relying on donations, fundraising, scholarships, and contributions from private and civil society actors.
Other policy makers and experts, however, caution that these measures may restrict access for poorer households and deepen existing inequalities.
Scholarships maintain an essential role in this new policy environment. As public subsidies decline, scholarship programs supported by institutions, international donors, and philanthropic groups have become central to preserving access to education for students from disadvantaged backgrounds. While cost sharing has allowed some higher education institutions to expand enrollment, it has also reinforced the function of scholarships as essential tools for addressing access gaps left by declining public investment and offsetting the rising costs borne by students and their families.
Notable scholarships
Name of scholarship with institution and/or sponsoring organisation
*
ASEAN Scholarships: Government of Singapore
*
Chevening Scholarship
The Chevening Scholarship is an international scholarship, funded by the British Foreign, Commonwealth and Development Office and partner organizations, that enables foreign students to study at universities in the United Kingdom.
History
The C ...
: Foreign & Commonwealth Office (UK)
*
China Scholarship Council Scholarship: Government of China
*
Commonwealth Scholarship: 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 scholarship
A scholarship is a form of Student financial aid, financial aid awarded to students f ...
: European Union
*
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 ...
*
Gates Cambridge Scholarship
The Gates Cambridge Scholarship is an international postgraduate award for students to study at the University of Cambridge. The scholarship is extremely competitive with around 1.2% of applicants receiving an award in recent years.
The Bill ...
: Bill & Melinda Gates Foundation; University of Cambridge
*
Ibrahim Scholarships: Mo Ibrahim Foundation
*
Jardine Scholarship
The Jardine Scholarship is a full scholarship offered by Jardine Matheson, Jardines for study at the Oxbridge, Universities of Oxford and Cambridge. It is considered among the world's most prestigious and selective international scholarship prog ...
: Jardine Matheson; Universities of Oxford and Cambridge
*
King's Scholarship: Government of Thailand
*
Knight-Hennessy Scholars: Stanford University
*
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 considered among the most prestigious scholarsh ...
: UK universities
*
Mitchell Scholarship
The George J. Mitchell Scholarships, awarded annually by the US-Ireland Alliance, provide funding for graduate school, graduate study in Ireland. It covers universities in both Northern Ireland and the Republic of Ireland. It was established in 1 ...
: US-Ireland Alliance
*
Monbukagakushō Scholarship: Government of Japan
*
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 benefac ...
: 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 Oxford, United Kingdom. The scholarship is open to people from all backgrounds around the world.
Established in 1902, it is ...
: University of Oxford
*
Schwarzman Scholars: Tsinghua University
*
National Level Common Entrance Examination: Edvizo
See also
*
Bursary
A bursary is a monetary award made by any educational institution or funding authority to individuals or groups. It is usually awarded to enable a student to attend school, university or college when they might not be able to, otherwise. Some awar ...
*
Free education
Free education is education funded through government spending or charitable organizations rather than tuition funding. Primary school and other comprehensive or compulsory education is free in most countries (often not including primary textboo ...
*
Exhibition
An exhibition, in the most general sense, is an organized presentation and display of a selection of items. In practice, exhibitions usually occur within a cultural or educational setting such as a museum, art gallery, park, library, exhibiti ...
*
Fellowship (financial)
A fellow is a title and form of address for distinguished, learned, or skilled individuals in academia, medicine, research, and industry. The exact meaning of the term differs in each field. In learned or professional societies, the term refers ...
*
Right to education
The right to education has been recognized as a human rights, human right in a number of international conventions, including the International Covenant on Economic, Social and Cultural Rights which recognizes a right to free education, free, pr ...
*
Scholarships in Korea
*
Scholarships in the United States
A scholarship is defined as a grant or payment made to support a student's education, awarded on the basis of academic or other distinction. "Scholarship" has a different meaning in the United States than it does in other countries, with the parti ...
*
Scholarships in Taiwan
*
School voucher
A school voucher, also called an education voucher in a voucher system, is a certificate of government funding for students at schools chosen by themselves or their parents. Funding is usually for a particular year, term, or semester. In some cou ...
References
Further reading
* Martin, Michel. "Scholarships: Who Gets Them and Why?" ''Tell me More'' 17
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Academia
Education finance
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