Tuesday 6 September 2011

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Most Common Types of College Scholarships

If you are one of the many that need help with finding a college scholarship or grant then you have come to the right place. In this article, I am going to tell you about the different types of scholarships and show you where you can go to get one.
There are 3 types of scholarships that are most common. And they are academic scholarships, athletic scholarship grant, and departmental awards. Each type is targeted by different types of students. So, before you apply for a scholarship, you should already know what you will be majoring in and if you will be participating in a sports program or not.
Now, I'll talk a little about each of the different types
Academic Scholarships
If you excelled in all of your classes in high school and was in the higher percentile, then you would qualify for the Academic Scholarship. This grant is usually awarded to those students who received honors for their grades. Sometimes, a person doesn't have to apply for this award. It is often automatically given to the student by the college or organization that is offering it.
Once a student receives an Academic Scholarship, they are required to maintain a certain GPA (Grade Point Average). If the grades fall below that level, the student will have a probationary period to raise their grades back to the acceptable level. In the event that is not accomplished, the scholarship will be forfeited.
Athletic Scholarships
If you excel in a particular sport, then you could qualify for an Athletic Scholarship. Schools, dedicate large amounts of money to their athletic programs and try to recruit the best talent that they can find. With this particular scholarship, usually all of students financial liabilities are covered. Some call it a "Full Ride". As with most scholarships, there is a minimum GPA that is required for the student to continue to participate in the sport and qualify to continue to receive the aid.
Most athletic students dream of finishing college as an athlete and moving in to the Pro arena. This is realized by few, but is very possible for someone with exceptional skill.
Departmental Awards
This type of scholarship grant aims to provide the student with the option to stay or take up his or her studies on a particular department. Usually, it is offered to exceptional students with desire to take other fields. The departmental awards are given so as not to keep the students in the department. Or, it is given to attract interested students to take study at a particular department.
You can get information on this type of scholarship by visiting the department of that subject at the school.
These three types of scholarships are not the only types that are offered. They are the most popular that are offered by the schools themselves. The Academic and a variation of the Departmental scholarships are also offered by outside organizations. By not only applying for scholarships at the school, but also applying with other organizations, your chances of approval are raised significantly.


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