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What is the difference between need-based and merit-based aid?

aid merit-based need-based
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What is the difference between need-based and merit-based aid?

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Need-based aid is awarded only on the basis of demonstrated financial need on the part of the family; merit-based awards are made on the basis of relevant credentials, talents, or achievements of the student and need not be influenced by the demonstrated financial need of the family.

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Need-based aid is awarded only on the basis of demonstrated financial need on the part of the family; merit-based awards are made on the basis of relevant credentials, talents, or achievements of the student and need not be influenced by the demonstrated financial need of the family. Back to top.

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