Scholarships are gifts. They don’t need to be repaid.
There are thousands of them, offered by schools, employers, individuals, private companies, nonprofits, communities, religious groups, and professional and social organizations.
What kinds of scholarships are available?
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Some scholarships for college are merit-based.
You earn them by meeting or exceeding certain standards set by the scholarship-giver.
Merit scholarships might be awarded based on academic achievement or on a combination of academics and a special talent, trait, or interest.
Other scholarships are based on financial need.
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