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Written by: Arjun Collier – http://www.FinancialAidGuideforSingleMoms.Com/
An Introduction To Scholarships
Money does seem to make the world go round these days and that is not always a
good thing for anyone looking to advance himself or herself. If you cannot afford
an education then you are missing out on the chance to fulfill your own potential.
This can actually have a knock on effect on the rest of the surrounding area. You
may have skills that could be of great service to another and yet never have the
opportunity to develop them, and that is why it is extremely important to seek out
any way possible of fulfilling your potential and developing yourself to the fullest
extent. That is in fact where scholarships come in!
Scholarships and grants can provide a fantastic source of financial aid for
individuals who either deserve it in terms of their talent or are struggling as a
result of financial hardship. In some cases, the individual actually falls under both
category headings. Regardless of where they fit into the scheme of things, talented
individuals that need help can get it from a scholarship or grant.
A scholarship is a financial merit-based award that a student would have to apply
for. The scholarship may be a package of financial aid to help the student. It could
include housing and course materials as well as tuition, or just the tuition. It may
only be a percentage of the tuition. This is dependent on the terms and conditions
of the scholarship itself and what it offers. It may last for an academic year or for
the duration of your degree course. However, it will always have conditions
attached, and this will most likely relate to your grade point average. It would have
to remain above a certain level for you to qualify for the scholarship.
A grant is totally different. Again, you would have to apply for it, but it would be a
one off payment that would be awarded to you for a specific purpose. It may be a
specific topic you are working on would be eligible