What is a full-ride scholarship?
Scholarships are an excellent way to offset the often-high costs of attending post-secondary institutions. Many organizations, from government to business to non-profits, offer them. The criteria and money amounts of these scholarships vary greatly, and the most sought-after is the “full-ride” scholarship.SignificanceThe full ride or “free ride” scholarship, covers the full amount of a student’s tuition fees, and often covers part or all of related costs, such as room and board or textbook purchases.TypesThe criteria for winning a full-ride scholarship varies depending on the organization awarding it, but generally entails having an outstanding athletic or academic record. Competition for these prizes is intense.AthleticsThe most well-known full-ride scholarships often go to athletes at universities with competitive sports teams. However, the number of full-ride scholarships available is declining, and these scholarships are increasingly renewed on a year-by-year basis, depending on at