Selasa, 03 Juni 2008

Make Money By Scholarship

There are many ways to make money. One of the way is get fund by scholarship.

A scholarship is an award of access to an institution, or a financial aid award for an individual student scholar, for the purpose of furthering their education. Scholarships are awarded based on a range of criteria which usually reflect the values and purposes of the donor or founder of the award.

Scholarships may be classified into the following primary groups.
• Merit: This is financial aid for which financial need is not used to determine the recipient. The recipient may be determined by students’ athletic, academic, artistic or other abilities. The actual monetary value of the scholarship may be negligible, the scholarship being meant to motivate the student and promote the study of the subject. However, this is not always the case and the largest scholarships are almost always merit-based.
• Need: This is financial aid for which the student and family’s financial situation is a primary factor in determining the recipient. Usually such scholarship will cover all or part of the tuition and may even cover living costs. Very often even need-based private scholarships require the awardees to be distinguished students, as the deed founding the award may include a phrase like "for the studies of founder's favourite subject in founder's favourite institution of higher education for a talented youths of limited means from founder's home town/county/state, etc."
• Sociology: This is financial aid where applicants must initially qualify by race, religion, or national origin. After filtering the applicants based on their ethnicity, additional factors are taken into consideration to determine the final recipients.
• Institutional: These are scholarships awarded by a specific college or university (institution) to a student planning to attend that institution.
• General: These are other scholarships which are awarded for a variety of reasons that do not fall into one of the above categories. These may be for reasons of the student's association with the objectives of the sponsoring organization. For example, some corporations give scholarships to their employees' children or based upon academic success.

Dear Readers, you can find the link to scholarships on the right sidebar.

(Resource: http://en.wikipedia.org/wiki/Scholarship)

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