Awarded because of individual student achievements or qualifications, such as grade point average, test scores, or activities. Merit based aid is usually in the form of scholarships.
Financial aid that is awarded to a student based primarily on any special talents that the student might have (i.e. academics, athletics). May also be referred to as non need-based aid.
Student assistance awarded because of a student's achievement or talent in a particular area, such as academics, athletics, music, etc.
Gift aid awarded to a student for superior academic performance or talent, typically demonstrated by grade point average or performance in a given field.
Financial aid that is awarded on academic, artistic, athletic, or some other form of merit. Financial need is not considered for eligibility.
Financial aid based on special talent or ability instead of financial need. Money for education awarded through contests, competitions, or certain scholarships is an example of merit-based aid.
In general terms, merit-based aid is any form of financial aid not based on demonstrated financial need. Merit-based aid, which can take the form of grants, scholarships, or loans on favorable terms, is generally granted by each school and/or its alumni associations and wealthy benefactors. You may qualify for it by meeting a certain academic requirment, such as grade point average, test scores, or career goal. Alternatively, you may qualify through an essay competition or the like. Your financial aid package may include both need- and merit-based aid.
Any form of financial aid awarded on the basis of personal achievement or individual characteristics without reference to financial need.
Financial aid based on academic, artistic, athletic or other merit-oriented criteria (not financial need).
Financial aid that is awarded to a student based primarily on the student's academic achievement or on talent. May also be referred to as non need-based aid. [ BACK
Financial aid offered in recognition of a student's talents, achievements, or academic promise. A student may get merit-based aid even in the absence of financial need.
Any form of financial aid which is based on achievement in a given area, such as academics or athletics.