Scholarships are a totally different concept from loans, grants, financial aids etc. Scholarships are granted to students by the university itself where the student studies. Schools and colleges provide scholarships to only a few students based on some parameters such as a selected community, talent etc.
Types of scholarship
Based on merit – this is most common type of scholarship awarded to a student on the basis of his extra curricular, academic or artistic abilities.
Based on need – this is a financial aid awarded to student due to their low family income.
Based on sociology- this is granted to students belonging to a certain cast, community, minority etc.
Based on career selection – this is awarded to students who want to develop a career in the high-need areas such as nursing, education etc.
General – these scholarships are provided through some private organization which sees a potential in the student as their future recruit.
Advantages of scholarship
The basic advantage of a scholarship needs no rocket science to predict. It offers financial aid to eligible students.
It needs great talent to achieve a scholarship. One needs to be the best. Hence if one receives a scholarship he must mention it in his resume, this impresses the employer as he realizes that you have worked hard to get it.
Scholarship is not a loan. It’s like receiving education for free. Hence there is no stress in the individual’s mind, as when one has taken an educational loan.
Hence the concentration levels are enhanced.
One needs to apply for a scholarship in written mentioning the need to get a scholarship. Hence this application should be effective. Some things need to be noticed are:-
There should be no spelling mistakes.
There should be no blank spaces in the application as it gives a negative signal that the student is hiding something.
If not submitted via e-mail the hand written application should not be written with pencil and white-outs should be strictly restricted.
Besides these the student must avoid errors and recheck the application many many times as the competition is very heavy and the price paid for the mistake will be heavy as well and the student can regret it for many years to come.
In the end, it is advisable for students to select a scholarship that suits him the best as that can give you the tag of hard working and a motivated individual.
