Scholarship

==Scholarships vs. grants==
[[File:Scholarship certificates (18491630380).jpg|thumb|right|US Aid scholarship certificates]]

While the terms ''scholarship'' and ''[[Grant (money)|grant]]'' are frequently used interchangeably, they are distinctly different. Where grants are offered based exclusively on financial need, scholarships may have a financial need component but rely on other criteria as well.<ref>{{Cite web |last=Scholarships.com |title=Loans Vs Grants Vs Scholarships - Scholarships.com |url=https://www.scholarships.com/resources/parents-practical-guide-to-college/parents-guide-to-college-financial-aid/loans-vs-grants-vs-scholarships/ |access-date=2017-05-19 |website=www.scholarships.com}}</ref>

* Academic scholarships typically use a minimum [[grade-point average]] or [[standardized test]] score such as the [[ACT (test)|ACT]] or [[SAT]] to narrow down awardees.
* Athletic scholarships are generally based on athletic performance of a student and used as a tool to recruit high-performing athletes for their school's athletic teams.
* Merit scholarships can be based on a number of criteria, including performance in a particular school subject or club participation or community service.

A federal [[Pell Grant]] can be awarded to someone planning to receive their undergraduate degree and is solely based on their financial needs.<ref>{{Cite web|title=Federal Student Aid|url=https://studentaid.gov/}}</ref>