April 29, 2025

6 Different Types of Scholarships


It’s scholarship season! If you’re looking for help funding your education journey, a scholarship is a great place to start. Make note of these different types of scholarships when researching potential opportunities – one or more may apply to you!

 

1. Merit-Based: Awarded based on excelling students in academics, sports or the arts. These types of scholarships are offered by colleges, universities, nonprofits, corporations and more.

2. Needs-Based: Awarded based on financial need, family income. In addition to colleges, universities and corporations, community groups and foundations offer these types of scholarships.
3. Specialty: Awarded to students with distinct talents, interests, or career goals. These scholarships are usually offered by professional associations and academic departments. 
4. Athletic: Awarded based on athletic performance, leadership and academics. These scholarships are offered by colleges, universities, and NCAA/NAIA.
5. Ethnic and Cultural: Awarded based on ethnic or cultural background to promote inclusion and diversity in education. These scholarships are offered by colleges, universities, and cultural organizations.
6. Corporate: Awarded based on students studying fields within the corporation’s industry.  These scholarships are offered by corporations, local businesses, and foundations.

 

Don’t miss out on a scholarship opportunity. You deserve the recognition and savings! Learn more about BCU’s Scholarship Program where 30 recipients earn a scholarship valued up to $10,000! BCU | 2025 Scholarship Program

 

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