Merit Scholarship For Higher Study Opportunities
Merit scholarships are a type of gift aid that helps pay for college education for top performing students. Most merit-based scholarships go to students who have distinguished themselves through strong academics.
Merit scholarship recipients may be very successful academically or have strong athletic, artistic or other skills and values. Eligible students must also show a desire to serve the community or leadership skills.
Some merit scholarships may also take financial need into account. But most of the time, achievement and academic excellence are the main factors in winning a scholarship.
Merit Scholarship For Higher Study
- 1 Merit Scholarship For Higher Study
- 1.1 Who Awards The Merit Scholarship?
- 1.2 What Is MERIT?
- 1.3 What GPA Do You Need To Obtain A Merit-Based Scholarship?
- 1.4 How Much Is A Merit-Based Scholarship?
- 1.5 How Do You Get The Most Money For Merit Scholarship?
- 1.6 What Qualifies You To Be A National Merit Scholar?
- 1.7 10 Merit Based Scholarships You Should Apply For In 2021
- 1.8 How To Obtain A Merit Scholarship?
- 1.9 1. Apply Early
- 1.10 2. Keep Your Notes
- 1.11 3. Take Active Measures
- 1.12 4. Plan To Pass The ACT / SAT
- 1.13 5. Find Good Matches
- 1.14 WHAT TYPES OF MERIT SCHOLARSHIPS CAN YOU APPLY TO?
- 1.15 # ACT SCHOLARSHIPS
- 1.16 # COMMUNITY SERVICE SCHOLARSHIPS
- 1.17 # EAGLE SCOUTS SCHOLARSHIPS
- 1.18 # FIRST GENERATION SCHOLARSHIPS
- 1.19 # GPA SCHOLARSHIPS
- 1.20 # LEADERSHIP SCHOLARSHIPS
- 1.21 # NATIONAL MERIT SCHOLARSHIPS
- 1.22 Which Colleges Offer Merit Schgolarship?
- 1.23 Vermont University Scholarships
- 1.24 Cooper Union Scholarships
- 1.25 LIST OF MERIT SCHOLARSHIPS
- 1.26 I. ACT Scholarships
- 1.27 II. Community Service Scholarships
- 1.28 III. Eagle Scout Scholarships
- 1.29 IV. First Generation Scholarships
- 1.30 V. GPA Scholarships
- 1.31 VI. Leadership Scholarships
- 1.32 VII. Merit Scholarships
- 1.33 Conclusion
Merit-based rewards are different from needs-based rewards. To get a merit scholarship, you must have a good GPA, SAT / ACT test scores, and good academics. On the contrary, a needs-based scholarship uses family income to make decisions.
Instead, scholarship sponsors usually start with a goal or a reason they are offering it. It could be growing their industry with smart minds or investing in the future of their community and college.
There are different criteria to be eligible for a merit scholarship. Sometimes you need to be a member of a specific association or enroll in university. Other scholarship providers may offer it specifically to minority students, female students, Hispanic students or certain majors like STEM.
Either way, you will need to see if you qualify. One example is the Women Techmakers Scholars program. This is an academic merit scholarship.
To be eligible, eligible female students must demonstrate strong academic performance, leadership and impact on the community of women in technology. You can do the trick as an honest male student, but this one is for girls.
Who Awards The Merit Scholarship?
Many private companies, groups and non-profit organizations fund merit scholarships. There is no federal funding for merit scholarships.
Some scholarship providers are from local communities such as churches and cultural groups. Companies such as Google, Gates Foundation or Coca Cola also offer merit scholarships.
Most colleges also award merit scholarships. Often alumni endow funds to be used for these awards. For example, merit-based awards can bear a person’s name so that their legacy continues. You will also find charitable foundations offering merit assistance that sometimes look into financial need.
What Is MERIT?
That said, what “merit” means usually depends on the organization awarding the scholarship. Some merit scholarships look at academic performance, test scores, and your recommendations. Others may only look at your SAT / ACT test results.
Still others focus on your dedication and performance in a specific field of study. It can be anything from music to math and the like.
What GPA Do You Need To Obtain A Merit-Based Scholarship?
An academic merit scholarship often requires a strong GPA. But the grade point average you need to get a scholarship varies.
For example, you need a GPA of 3.5 on a 4.0 scale to be eligible for the SHRM Foundation Graduate Scholarships. This awards $5,000 to a graduate student pursuing an HR-related program.
The Voice of Democracy Fellowship awards $30,000 to a national first place winner. Most high school students as well as military students can apply.
How Much Is A Merit-Based Scholarship?
The US Department of Education tracks the award of Undergraduate Student Aid schools. In one study, they looked at the amount of money deserving students received. He revealed that students in selective schools get around 58% of their tuition. Those in less selective schools received about 46% of their tuition fees.
But as you might expect, merit scholarships come from a wide variety of grantmakers. As such, the size and scope of a scholarship varies. Some are for smaller amounts while others may be full scholarships.
How Do You Get The Most Money For Merit Scholarship?
Many scholarship providers consider both need and merit. There are at least six things that can help you get the highest merit aid for college.
- Remember to complete the FAFSA. Depending on your situation, you may also be eligible for federal assistance. This can be useful if your scholarship amount is not enough to pay for tuition, tuition, accommodation, etc.
- Apply to schools where your grades give you a head start. Many university admissions examine the entire applicant pool. You may be ahead of the student body at some colleges and not at others.
- Check if the scholarship is renewable. If so, meeting the conditions can help pay for your entire four years in college.
- Make sure you understand the net cost of attending each school you are applying to. Then assess how much Merit Aid you can get and see what works best for you.
- Figure out where your talents are and use them when looking for scholarships. It doesn’t have to be high marks. The Doodle for Google scholarship rewards creativity.
- When applying to a college or university, check their financial aid section and search for scholarships to see if you qualify.
What Qualifies You To Be A National Merit Scholar?
National Merit Fellows have the highest scores on the PSAT / NMSQT® Selection Index. About 1.6 million of them participate in the competition. But about 50,000 people are eligible for recognition from the National Merit® scholarship program.
Each September, the sponsoring colleges inform the recipients. They let them know if they have qualified as a recommended student or a semi-finalist. Then, around 15,000 semi-finalists move on to finalist status.
Approximately 7,600 Merit Scholarship® (referred to as Merit Scholar®) recipients can be notified. Part of the decision-making process examines the abilities, skills and achievements of students.
10 Merit Based Scholarships You Should Apply For In 2021
Here are 10 Excellence Scholarships you should apply for now.
- STEM Scholarship from the National Eagle Scouts Association
- American University National Excellence and National Merit Scholarship
- AXA Excellence Scholarship
- UNCF STEM scholarship
- CIRI Special Award of Excellence
- Coca Cola Scholarship Program
- CIA Undergraduate Scholarship Program
- Women Techmakers Scholarship Program
- A scholarship
- SHPE Chevron scholarship
How To Obtain A Merit Scholarship?
Once you’ve set your sights on a merit scholarship, you can increase your success with these tips.
1. Apply Early
Many prices are competitive and their application takes time. You will often need to assemble transcripts, records and letters of reference. Plus, many ask you to write a detailed and clear essay on your goals. Leave time for these steps so that you are organized and focused.
2. Keep Your Notes
Find out what rewards you are eligible for based on your skills, grades, and test scores. As a general rule, focus on getting your best grades. Also keep in mind that getting a merit award is only half the battle. You win really big if you get a prize to use in the schools you want to enter.
3. Take Active Measures
It takes constant effort to be a good student, volunteer, athlete or artist. And it is this consistency that many suppliers seek. Any time you fall short of your goals, you can tackle those issues before they snowball. To take active steps, it can be helpful to meet regularly with teachers, coaches and your guidance counselor. Not only does this keep you on track, it also creates a network of possible referrals.
4. Plan To Pass The ACT / SAT
The results and scores of standardized tests may hold the key to a merit scholarship. Many students are not doing as well as they hoped due to the nervousness of test day and the lack of a preparation plan. Learn and prepare (a lot) for the ACT and SAT tests. To do this, you need to understand the materials, how long to study, and solid practices for the day itself.
5. Find Good Matches
Even if you meet the criteria, not all merit scholarships you see are ideal. To search with more objective, you can use the scholarship match quiz. It uses an algorithm to offer you the perfect scholarships based on your interests and goals. Once you have your list, submit a complete application and the necessary documents by the due date at the latest.
WHAT TYPES OF MERIT SCHOLARSHIPS CAN YOU APPLY TO?
There are seven different types of merit scholarships: ACT, Community Service, Eagle Scouts, First Generation, GPA, Leadership, and National Merit. As long as you meet the criteria, you can apply for any of these scholarships. Rules regarding who are eligible may vary. So, our team has put together a list of different types of merit awards to get you started.
# ACT SCHOLARSHIPS
Many colleges award merit scholarships based on your ACT scores. The ACT is a college admission test. It tests your skills and knowledge in four areas. Mathematics, science, English and reading. Adding up the scores for each section gives a scaled score from 1 to 36. Typically, more selective providers seek high scores.
One example is the CIA Undergraduate Scholarship. You may be eligible if you have a score of 21 ACT or higher and follow other rules. If you are selected, you get up to $18,000 per year for tuition. Or, if you’re a STEM major, up to $25,000 per year. The awards also come with a contract to work for the CIA during the summer vacation. You have to work 1.5 times the duration of your scholarship to keep the funds.
# COMMUNITY SERVICE SCHOLARSHIPS
If you are volunteering, you may be eligible for a community service scholarship. Community service is about giving back through unpaid effort. They are most often available through non-profit organizations. An example is DoSomething.org. Their rewards programs promote greater awareness of issues such as voter registration or stress management.
# EAGLE SCOUTS SCHOLARSHIPS
As an Eagle Scout, you have the highest rank among the Boy Scouts of America, which may qualify you for scholarships. One of the main providers of these awards is the Boy Scouts of America. BSA offers three types of Eagle Scout scholarships: Academic, Merit, and Field Study. The amounts vary from $2,000 to $50,000. To qualify, you need a mix of good grades, active Scouting, and service. You must be a member of the National Eagle Scouts of America.
# FIRST GENERATION SCHOLARSHIPS
Are you the first in your family to go to college? As the first scholarship holder, you are eligible for scholarships. Some of the places to look for scholarships for first generation students are colleges. Saint Mary’s first generation scholarship program is one example. You can also find them in businesses and non-profit organizations. To qualify, many look at unmet financial need.
# GPA SCHOLARSHIPS
Your cumulative grade point average (GPA) can help you qualify for scholarships. Many vendors use GPA as a measure of merit. They then set an acceptable range on the 4.0 scale. As mentioned, there are many merit awards given to students with a GPA of 3.5-4.0.
But there are others for students with a 3.0 or lower. One to check out is the Straight A scholarship. It is available through the Anthony Munoz Foundation and awards up to $5,000.
# LEADERSHIP SCHOLARSHIPS
If you run a sports team or even act as a mentor, you may be eligible for this scholarships as well as Sports Grant. Leadership scholarships recognize efforts that help individuals and communities. So a good place to look for them is nonprofit organizations. An example is the CIRI Foundation.
Their goal is to promote self-sufficiency among the natives of Alaska. Each year, they offer merit scholarships. The awards recognize civic activities, grades, and people who help.
# NATIONAL MERIT SCHOLARSHIPS
The National Merit Scholars Program is a well-known national competition. About 1.6 million high school students enter each year. To be eligible, there are a series of requirements in order to qualify.
High school students must take the PSAT / NMSQT tests. About 50,000 students with high scores qualify for the program. Some go on to become acclaimed students and semi-finalists. From there, around 15,000 people advance to become finalists. Each finalist competes for a national merit scholarship of $2,500. There may also be awards sponsored by companies and colleges.
Which Colleges Offer Merit Schgolarship?
Many public and private colleges offer merit scholarships. The University of Vermont and the Cooper Union award merit scholarships based on grade point average, test scores, and other criteria.
Vermont University Scholarships
The University of Vermont is one of the public schools with a few merit scholarships. It is located in Burlington, it serves 13,395 undergraduates. Tuition at UVM is $18,802 for in-state students and $42,516 for out-of-state students. Their acceptance rate is 71%.
The average freshman has a GPA of 3.7. The SAT and ACT score ranges for half of the admitted students are: SAT (EBRW) 610 to 700, (Math) 590 to 710, and ACT 28 to 33.
To help you pay for your studies, UVM offers some scholarship programs. The presidential scholarship is one of them. This is for freshmen who are not state residents (or internationals).
Presidential Fellows receive a four-year (8 semesters) merit based scholarship. The amounts vary from $17,000 to $20,000 per year. To continue, you need a GPA of 3.0. Students must register for 12 or more credits per semester.
Cooper Union Scholarships
If you prefer a private and smaller school, there are options as well. One is Cooper Union, a private, non-profit college. Located in New York City, it serves 858 undergraduates.
But each admitted full-time undergraduate student receives a half-merit scholarship of $22,275. Admitted students may also receive other merit based scholarships. Eligible Cooper Union students must meet the GPA range defined by each program.
According to the NCES, the total cost varies depending on the type of school you choose. Other factors like where you live (on campus or off campus) can also affect your finances. To give you an idea, here are some costs for the years 2018 to 2019 based on NCES data.
Four-year colleges (costs on campus). Average costs are $24,900 (public), $33,200 (private-for-profit), and $51,900 (private-not-for-profit).
Two-year colleges (off-campus costs). Average costs are $18,300 (public), $30,100 (private-for-profit), and $32,900 (private-not-for-profit).
LIST OF MERIT SCHOLARSHIPS
Discover these 1,115,253 merit scholarships worth $5 billion.
I. ACT Scholarships
Higher ACT scores can improve your chances of getting a scholarship. ACT scholarships are merit-based. This means that they often go to students who have above average grades. And scores on standardized tests like ACT.
II. Community Service Scholarships
Scholarships are available for students who are active in community service. Some will require volunteer work in specific locations and charities, while others will recognize students who have contributed in any way to their community. Browse our full list of community service scholarships to see which ones you are eligible for and apply today!
III. Eagle Scout Scholarships
Scouting can teach you about the outdoors, the community, and it can even help you earn scholarships for college! A variety of schools and organizations offer scholarships only to students who have achieved the rank of Eagle Scouts – and we’ve rounded up a few here. Browse and apply today!
IV. First Generation Scholarships
If you are the first in your family to attend college, you have much to be proud of and celebrate! As you continue with your education, you will also have a huge financial responsibility which can be difficult to manage without the guidance of past college graduates.
There are many scholarships available for first generation students to encourage academic success and reduce student debt, and you can find them here!
V. GPA Scholarships
GPA scholarships require applicants to have a certain grade point average in order to apply. But that doesn’t mean they’re only for A-level students! Some scholarships are aimed specifically at supporting students who have more average grades, but a strong record of participation and community involvement. Search and apply for scholarships based on surrogacy.
VI. Leadership Scholarships
Are you a leader, not a follower? Are you the captain of a school team or the president of the student body? Did you lead a group of volunteers on a project? If so, you might qualify for free school money with these leadership scholarships. Take the lead and browse our list of rewards.
VII. Merit Scholarships
You’ve worked hard to get great grades and studied long hours to get top SAT and ACT scores. The providers of these scholarships want you to know that your work is recognized, and they know that an investment in your educational future is likely to pay off very much for the company.
If your grades are high and your standardized test scores are at the top of the table, then these merit-based scholarships, grants, and scholarships are for you!
TOTAL: $3 billion
If your chosen college or university doesn’t offer any scholarships, then getting a scholarship from outside organizations might help. It is also good to search for scholarship on the internet and try to apply for many scholarships.
Scholarships can be career-specific, merit-based, needs-based, or student-specific; so choose the one that would suit your interest well. Normally, the merit and need based scholarship depends on the family condition of the applicant student.
While these scholarships may seem difficult to obtain, they are not impossible. You don’t have to be super-genius or super-smart to be a scholar. What it takes to be a scholar is to be patient, careful, and have the urge to become a true scholar. Get a National Merit Scholarship Now!