DIFFERENT KINDS OF SCHOLARSHIPS 
What
is 
scholarschip
?
An award of financial aid for a student to further their education
Awarded based upon different criteria, which reflect values and purposes of the donor/founder
Money is NOT required to be paid
Scholarship vs.
Grant
SCHOLARSHIP
Merit-based
Athletic abilities, academic achievements, involvement in a certain extra-curricular activities, or background and group affiliation
Sources: businesses, religious groups, individuals, organizations
GRANT
Need-based
Family income
Sources: state or government
TYPES OF
SCHOLARSIPS
Merit
-
based
scholarship
Based on great academic, artistic, athletic or other performance (usually extracurricular)
Awarded primary by private organizations or by college itself
Issued not to student, but to college directly
Subjective evaluation process
National Merit Scholarships
Need
-
based
scholarship
Financially unable students
Mostly grants
Usually private
Requires special test
Restrictive
specialty 
scholarship
Endowed scholarship
Affiliated colleges for members of the denomination
Geographic allocation
Other types
Student-specific: based upon gender, race, religion, family, and medical history (e.g. scholarships for minorities)
Career-specific: awarded for a specific field of study (education and nursing) due to needs of the community
College-specific: offered by individual colleges and universities on basis of academic and personal achievement
Athletic: for students with exceptional skill in sport
Where to
find a 
scholarship?
College advisor for school/community offer
Local newspapers for private scholarships
Internet
Non-profits and charitable trusts
Community foundations
Labor/trade unions
Universities