12 Things to Know About Merit Aid Scholarships

Facts about merit scholarships

-- Ivy League universities don't offer merit aid.

-- Some colleges offer merit aid to reduce costs.

-- Out-of-state students may receive more merit aid than in-state students.

-- Students may need to maintain a certain GPA.

-- The National Merit Scholarship Program offers millions in aid.

-- There are some full rides for National Merit Scholars.

-- Honors colleges sometime offer merit aid.

-- A number of students receive merit aid.

-- Community organizations offer merit scholarships.

-- You don't need to be a straight-A student.

-- Private awards are based on certain criteria.

-- Merit aid can be one-time only.

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