Scholarship
The term “Scholarship” is sometimes used to describe any financial aid given to a student that does not
have to be repaid. However, more precisely, and universally among college financial aid offices, scholarships
and grands are quite different. A scholarship is given to a student because of a reason : the student has qualified
for or won it by academic, artistic or athletic ability, or by agreeing to follow a particular career, or has some
special ethnic or other characteristic. Scholarships are not given for financial need alone. Try the PCAprovides a
number of opportunities to apply for funding for various kinds of scholarships. The goal of these grants is to
provide help for students; it is not the expectation that the group will provide funding for all of the expenses of
the scholarships.
Most scholarship are based on merit or talent, without considering economic need or ethnicity. Since the
economically privileged usually have better schools and more access to other educational resources, meritbased awards favor the economically privileged. While Caucasians account for 62% of full-time college
students in India they receive 76% of all scholarships.