What is merit-based financial aid?
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.
Related Questions
- A scholarship is a merit-based grant that need not be paid back to Qatar Foundation. Who is eligible for financial aid & who is eligible for a scholarship?
- How do I apply for merit-based financial aid, such as scholarships, assistantships, and fellowships?
- What percentage of students receive merit-based financial aid?