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What is merit-based financial aid?

financial aid merit-based
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What is merit-based financial aid?

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Merit-based financial aid is aid that is awarded to you for your academic, artistic, or athletic skills. Eligibility is based on your special talents, combined with your test scores, grades and hobbies. Those criteria set merit-based aid apart from need-based aid, which is awarded according to your income level and similar factors.

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