A scholarship is funding obtained from an outside source to assist a student in paying for his/her post-secondary education. In short, scholarships are FREE MONEY!
Types of Scholarships:
Merit-Based: Awarded based on demonstrated academic excellence, professional promise, and personal merit.
Need-based: Need-based financial aid is financial assistance for students who have financial need. It's awarded based on factors like income, family size, and personal assets.
The Next NC Scholarship is a financial aid program that helps most North Carolinians from households making $80,000 or less pursue higher education. Students attending a community college will receive at least $3,000 per year. Those attending a public university in North Carolina will get a minimum of $5,000 per year. The best part? It’s money that doesn’t have to be repaid.