Scholarships

Scholarships are a form of gift aid that doesn’t have to be repaid and can be used to cover tuition, fees, room and board, books, supplies, and more.

Scholarships can provide a one-time lump sum, or some scholarships are renewable, meaning you can use them to cover several semesters or even several years of your education.

There are many different types of scholarships, including:

• Academic merit: These scholarships are awarded based on academic performance, such as GPA and standardized test scores.

• Athletic: These scholarships are offered to students who participate in a sport, such as football or swimming, at an elite level.

• Identity-based: These scholarships focus on particular areas like gender, ethnicity, religion, disability status, or military affiliation.

• Activity: These scholarships reward students who demonstrate excellence in a specific area, like music, theater, or robotics.

• Need-based: Some scholarships are geared towards high-performing students with limited financial means to make college more affordable.

• Chance: Chance-based scholarships do not require students to fit any criteria. Instead, anyone can apply, and the scholarship winners are chosen at random, like a sweepstakes giveaway. College Ave’s monthly scholarship is easy to apply for and is a great example of a chance-based scholarships.

Scholarships can come from colleges or universities, non-profit organizations, government agencies, and private companies.