Need Based Scholarships: Undergraduate Scholarships
Need-based scholarships are scholarships awarded to undergraduate students based on their financial need. These scholarships are designed to assist students who may not have the financial means to cover the full cost of their education. Here are a few examples of need-based scholarships for undergraduate students:
Pell Grants: The Pell Grant is a federal need-based grant program in the United States. It provides financial assistance to eligible undergraduate students based on their financial need. The amount awarded is determined by factors such as family income, cost of attendance, and enrollment status.
Federal Supplemental Educational Opportunity Grant (FSEOG): The FSEOG is another federal grant program for undergraduate students with exceptional financial need. It provides additional financial aid on top of the Pell Grant and is awarded by participating colleges and universities.
College-specific need-based scholarships: Many colleges and universities offer their own need-based scholarships to undergraduate students. These scholarships are typically awarded based on the student’s financial need as determined by the institution’s financial aid office.
State-based need-based scholarships: Some states have scholarship programs that provide financial assistance to undergraduate students based on financial need. These scholarships vary by state and may have specific eligibility criteria and application processes.
Private foundation and organization scholarships: Various private foundations and organizations offer need-based scholarships for undergraduate students. These scholarships can be based on a range of factors, including financial need, academic achievement, and personal circumstances.
It’s important for students to research and explore scholarship opportunities specific to their country, state, institution, and field of study. They should contact their college’s financial aid office and explore reputable scholarship search engines and databases to find applicable need-based scholarships.