Tip #2: Colleges are an important source of scholarships!
In this second part of our scholarship series, we will cover colleges themselves as a source for three very different types of scholarships – merit aid, donor-restricted scholarships, and department-supported scholarships. You may also want to refer to part one of our series, where we talk about the wide availability of scholarship money.
A number of colleges offer “merit aid” or “merit scholarships.” Merit aid is distinct from financial aid, as it is awarded to students who offer a special talent to an institution, rather than demonstrating a financial need for assistance. Merit scholarships are often used as a recruitment tool because they might be offered in order to positively influence a student’s enrollment decision.