Merit scholarships are a type of gift aid that help pay for college by rewarding talent. Most merit based scholarships go to students who stand out with strong academics.
Recipients of a merit scholarship may be high academic achievers or have strong athletic, artistic or other skills and values. Eligible students must also show a desire to serve the community or leadership skills.
Some merit scholarships also may look at financial need. But most of the time accomplishments and academic excellence are the primary factors to win a merit scholarship.
How Do You Get a Merit Scholarship?
Merit awards are different from needs based scholarships. A need-based scholarship uses family income to make decisions. Instead, the merit scholarship sponsors usually start out with a goal or reason why they offer it. This might be to develop their industry with smart minds or invest in the future of their community and college.
There are various criteria to qualify for a merit scholarship. Sometimes you need to be a member of a specific association or enrolled in the university. Other scholarship providers may specifically offer it to minority students, female students or for certain majors like STEM.
Either way, you’ll need to see if you qualify. One example is the Women Techmakers Scholarship. It is an academic merit scholarship. In order to be eligible, eligible students must show strong academic performance, leadership, and impact on the community of women in tech. You may fit the bill as an upstanding male student, but this one is for girls.
What is Merit?
That stated, what ‘merit’ means generally depends on the organization granting the scholarship. Some merit scholarships look at academic performance, test scores, and your recommendations. Others may only look at your SAT/ACT test scores.
Still others focus on your dedication to and performance in a specific field of study. This can be anything from music to math and others.
Many private companies, groups and nonprofits fund merit scholarships. There are no federal funds for merit-based scholarships.
Some merit scholarship providers are from local communities such as churches and cultural groups. Companies such as Google, Gates Foundation or Coca Cola also offer merit scholarships.
Most colleges also award merit scholarships. Often alumni endow funds to use for these awards. Merit based awards may thus carry the name of a person so that their legacy continues. You’ll also find charitable foundations offering merit aid which sometimes look at financial need.
What GPA do You Need to Get a Merit Scholarship?
An academic merit scholarship often requires a strong GPA. But the actual grade point average you need to get a merit scholarship varies.
For instance, you need a cumulative GPA of 3.5 on a 4.0 scale to qualify for the SHRM Foundation’s Graduate Scholarships. This awards $5,000 to a graduate student pursuing an HR degree related program.
The Voice of Democracy Scholarship awards $30,000 to one national first place winner. Most high school students as well as military students may apply.
How Much is a Merit Scholarship?
The U.S. Department of Education tracks the aid schools award to undergraduates. According to the NCES study, they looked at the amount of money high-merit students received. It found that those in selective schools got about 58% of their tuition. Those in less selective schools received about 46% of their tuition amounts.
What Qualifies You to be a National Merit Scholar?
National Merit Scholars have the highest PSAT/NMSQT® Selection Index scores. About 1.6 million enter to compete. But about 50,000 qualify for recognition in the National Merit® Scholarship Program.
Each September, the sponsor colleges notify the recipients. They let them know if they have qualified as either a Commended Student or Semifinalist. Then about 15,000 semifinalists move to finalist standing.
About 7,600 winners of Merit Scholarship® awards (Merit Scholar® designees) may be notified. Part of the decision making process looks at students’ abilities, skills, and accomplishments.
How Do You Get the Most Money for Merit Scholarships?
Many scholarship providers factor in both need and merit. There are at least six things that may help you get the most merit aid for college.
Don’t forget to fill out the FAFSA. Depending on your circumstances, you may be eligible for federal aid too. This might be useful if the amount of your merit scholarship is not enough to pay tuition, fees, housing etc.
Apply to schools where your grades put you ahead. Many college admissions look at the entire pool of applicants. You may be ahead of the student body in some colleges and not in others.
Check whether the merit scholarship is renewable. If so, abiding by the terms may help pay your entire four years at college.
Make sure you understand the net cost of attending each school you apply to. Then assess the amount of merit aid you can get and see what makes the most sense to you.
Figure out where your talents lie and use them when you search for scholarships. It doesn’t have to be high marks. The Doodle for Google Scholarship rewards creativity.
When applying to a college or university, look at their financial aid section and scan for merit scholarships to see if you qualify.
This Scholarship is to honor the life of Coach Mike “Papa” Brown, and is open to all Albuquerque Public School student athletes within the Albuquerque Metro Area with a 3.5 GPA or higher. Students must plan to attend college or vocational/trade school starting no later than fall 2022
On June 30th, 2021, Coach Mike Papa Brown passed away peacefully at his daughter’s home after a long, tough battle with MSA. This incredible man’s love for his family was ever present in his continued efforts to fight every single day.
As an English teacher, Mr. Brown commanded his student’s attention with his various antics in the classroom. He was passionate about all kinds of literature, Greek Mythology and the history of New Mexico. He took many of his classes on a field trip he affectionately called the “Turquoise Trail”. He challenged his own kids at the dinner table throwing around unusual vocabulary words and he continuously entertained the family with his own poetry. Mr. Brown was an inspiration as a teacher and influenced countless others to follow his lead and become educators.
After 8 years as the assistant basketball coach at the Academy, Mike was offered the head coaching position where he proceeded to lead the Chargers to 6 straight State Championship games and 14 District Championships (1984-2010). Upon retirement, Coach Papa continued coaching as son Danny Brown’s assistant at Highland High School for 6 years (2011-2016) before winding up his coaching career at Volcano Vista with son Greg Brown from 2017 to 2021. Aside from leading the Chargers to an astounding 442 victories over a 26-year period, Coach Brown’s many other accomplishments include city, state and national recognition, as well as several coaching awards. In 2018, Mike was inducted into the New Mexico Sports Hall of Fame. Coach Mike Brown is a basketball legend in the state of New Mexico. His dedication to family, friends, students, players and the entire basketball community is only to be rivaled by his loyalty, honesty and hard work ethic.
This program was designed to give high school seniors financial assistance specifically to advance their educations and realize their dreams. In the past, the Inspire Scholarship was only available to high school seniors that were invited to enter by a Garden of Dreams partner organization. For this year only, we are pleased to announce that for the 2022 program, current college freshmen who are invited to enter by a Garden of Dreams partner organization can also apply.
This award is available to current high school seniors in California who have a parent, grandparent, or legal guardian who is a proprietor of an establishment with a California liquor license, or who is employed full-time by an individual or corporation holding a California liquor license. To be eligible, the applicant must have participated in one or more of the following extracurricular activities during his/her junior and senior years of high school: community service, athletics, music or the performing arts.
This award is available for U.S. graduating high school seniors who have been residents of New Mexico for one year or more and attend a New Mexico high school. Students must have a grade point average of 3.0 or higher, be Native American with a blood quantum of 25 percent or more, and participate in high school varsity-level sports.
The Triple-Impact Competitor Scholarship Program is a national program with regional recognition events. This scholarship is open to U.S. high school juniors who have a grade point average of 2.0 or higher. Students must participate in an individual or team sport sponsored by a school or local club.
New Hampshire and Massachusetts graduating high school seniors are eligible for this award. Students must participate in athletics; applications will be judged on academic performance, athletic achievement, and citizenship.
This award is available for current high school seniors who are graduating from John Jay High School or Roy C. Ketcham High School. Students must have a grade point average of 2.5 or higher and demonstrate participation in sports, leadership, or other community activities.
This award is available to female high school seniors in Dutchess County New York who are involved in athletics and demonstrate leadership on and off the field.
This award is available to currently graduating high school seniors at Beacon High School, John Jay High School, or Roy C. Ketcham High School in the mid-Hudson Valley region of New York State. Applicants must demonstrate financial need and a commitment to community service.
The Triple-Impact Competitor Scholarship Program is a national program with regional recognition events. This scholarship is open to U.S. high school juniors who have a grade point average of 2.5 or higher. Students must participate in an individual or team sport sponsored by a school or local club.
