Types Of Scholarships

It is imperative that students find the best financial support to secure their years as a student. While higher education is a valuable investment, it is necessary for students to evaluate their profiles for a befitting scholarship too. Here the major types of Scholarships that students can avail.

NEED-BASED SCHOLARSHIPS

These scholarships are given to students based on their financial need. An excellent opportunity for struggling students to make ends meet. There are some universities and colleges do give out needs-based scholarships to international students. You will have to look at the institution’s website to see what they offer foreign students.

COUNTRY BASED SCHOLARSHIPS

Many colleges and universities offer scholarships to students from certain countries, particularly those living in developing countries. There are also many private institutions which give scholarships to students from these countries.

MERIT SCHOLARSHIPS

These are the types of scholarships which first come to mind when we think about college scholarships. Merit scholarships are given based on the student’s excellence. There are many types of merit scholarships, including:

1. Academic Scholarships
2. Sports Scholarships
3. Average Academic Performance Scholarships

GOVERNMENT FUNDED SCHOLARSHIPS

The United States government offers many scholarship programs, but only a few of them are available to international students. The two big ones are:

1. Fulbright Foreign Student Program
2. Hubert Humphrey Fellowship Program

PRIVATELY- FUNDED SCHOLARSHIPS

Sometimes private organizations or donors fund scholarships for international students. Most of these have strict eligibility requirements, such as: From a developing country, women, minorities, specific areas of study.