Merit Scholarships

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What is a Merit based Scholarship?

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 scholarship.

How Do You Get a Merit Scholarship?

Merit awards are different from needs based ones. To get a merit scholarship you need to have a good GPA, SAT/ACT test scores, and strong academics. On the contrary, a need-based scholarship uses family income to make decisions. Instead, the 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 Scholars Program. 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.

Who Awards Merit Scholarships?

Many private companies, groups and nonprofits fund merit scholarships. There are no federal funds for merit based scholarships.

Some 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 based Scholarship?

An academic merit scholarship often requires a strong GPA. But the actual grade point average you need to get a 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 Award?

The U.S. Department of Education tracks the aid schools award to undergraduates. In one 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.

But as you might expect, merit scholarships come from a wide range of grantors. As such, the size and scope of a scholarship varies. Some are for smaller amounts while others may be full-ride scholarships.

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.

  1. 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 scholarship is not enough to pay tuition, fees, housing etc.
  2. 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.
  3. Check whether the scholarship is renewable. If so, abiding by the terms may help pay your entire four years at college.
  4. 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.
  5. 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.
  6. When applying to a college or university, look at their financial aid section and scan for scholarships to see if you qualify.

List of Merit Based Scholarships

Check out our list of merit scholarships worth .

North Central University Presidential Scholarship

This award is available to U.S. and International high school students who are planning to attend North Central University. Students must have a grade point average of 3.2 or higher, an ACT score of 26 or higher, and a SAT score of 1170.

Total: $48000

Awards: 1

Deadline: December 01, 2020

Thompson Scholarship for Women in Safety

This award is available for female students pursuing a graduate degree in safety engineering, safety management, occupational health nursing, occupational medicine, risk management, ergonomics, industrial hygiene, fire safety, environmental safety, environmental health or any other closely related fields. Applicants must enroll full time (nine hours or more) at an accredited college or university, and have a grade point average of 3.5 or higher.

Total: $1000

Awards: 1

Deadline: December 01, 2020

APTA Mary McMillan Scholarship

This award is available to students studying physical therapy education and physical therapy assistant education who have one year of study or less before completion of the program. The recipient also receives an honorarium of $4,000; a $600 stipend for a post-lecture celebration; reimbursement of up to 3 days of travel expenses.

Total: $48000

Awards: 6

Deadline: December 01, 2020

Grace College Presidential Scholarship Competition

This award is for U.S students who plan to enroll at Grace College & Theological Seminary as freshmen. The student must have a grade point average of 3.7 or higher or a class rank in the top 20 percent or higher, and an SAT score (reading/math) of 1200 or higher or an ACT score of 27 or higher.

Total: $26532

Awards: 31

Deadline: December 01, 2020

FAU Presidential Scholarship

This award is available to U.S. high school seniors who are planning to attend Florida Atlantic University. The student must demonstrate outstanding academic achievement; awards are based on the competitive level of the applicant pool.

Total: $1000

Awards: 1

Deadline: December 01, 2020

Future Leaders of IT Scholarship

This scholarship is available for high school seniors and current undergraduate students who are majoring in or planning to major in computer science.

Total: $2000

Awards: 1

Deadline: December 01, 2020

Reuben Trane Scholarship

This scholarship is for international and U.S. college sophomores for use during their junior and senior years. Student must major in engineering and plan to enter the heating, ventilating, air conditioning and refrigeration (HVAC&R) profession. The student must also have a 3.0 grade point average or higher to be eligible.

Total: $10000

Awards: 4

Deadline: December 01, 2020

Boston University Trustee Scholarship

This award is for students who are graduating high school seniors planning to enroll full time at Boston University in Massachusetts. Students must have a grade point average of 3.9 or higher, rank in the top one percent of their graduating classes, and have an SAT/ACT score of 1500/35 or higher.

Total: $1137080

Awards: 20

Deadline: December 01, 2020

Betty Goah Scholars Program to Advance Diversity

This award is for U.S. undergraduate students with a GPA of 3.0 or higher, SAT score of 980 or an ACT score of 21. Applicants must attend Milligan College and must contribute to the diversity of the student body.

Total: $26890

Awards: 1

Deadline: December 01, 2020

Heart of America Scholarship

This award is for international and U.S. college juniors and graduate students who are pursuing a degree in occupational safety and health or a closely related field. The applicant must enroll full time and have a grade point average of 3.0 or higher. Priority will be given to students attending college in Illinois, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, South Dakota, Wisconsin, and the country of Egypt.

Total: $2000

Awards: 2

Deadline: December 01, 2020

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