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 .

Jack Burnham Scholarship

The Jack Burnham Scholarship is available for U.S. students who plan to pursue a career in aviation. Students must have a grade point average of 2.5 or higher, and preference will be given to students who live in Jackson Hole, Wyoming.

Total: $5000

Awards: 1

Deadline: January 31, 2021

FSCJ Baptist Medical Center Nassau Auxiliary Scholarship

This award is available for U.S. students who are majoring in nursing or an allied health degree program. Applicants must be residents of Nassau County who are attending Florida State College at Jacksonville (FSCJ).

Total: $2000

Awards: 1

Deadline: January 31, 2021

Nuclear and Plasma Sciences Society Graduate Scholarship Award

This award is for graduate students in the field of nuclear and plasma sciences.

Total: $6000

Awards: 4

Deadline: January 31, 2021

Billy Turney Foundation HCC Scholarship

The Billy Turney Foundation HCC Scholarship is available for high school seniors in Hillsborough County, Florida who plan to attend Hillsborough Community College. Applicants must demonstrate academic merit and additional preference will be given to students who are working while in school and students who have participated in significant amounts of community service.

Total: $5000

Awards: 1

Deadline: January 31, 2021

Philip W. Ballinger Endowed Scholarship

This scholarship is open to radiologic technologist educators who plan to pursue a master’s or doctoral degree. Students must be ASRT members and study in the United States.

Total: $1000

Awards: 1

Deadline: January 31, 2021

Charles Weingartner Scholarship

The Charles Weingartner Scholarship is available for high school seniors in Hillsborough County, Florida who qualify for free or reduced cost school lunches. Applicants must have a grade point average of 2.5 or higher.

Total: $1000

Awards: 1

Deadline: January 31, 2021

H.D. “BO” Cotton Memorial Scholarship

This award is for current full-time Florida State College students who have completed 24 credit hours and are pursing an associate’s (AA or AS) degree. The student must have a grade point average of 2.5 or higher.

Total: $1000

Awards: 2

Deadline: January 31, 2021

Michigan Council of Women in Technology High School Senior Scholarship

The Michigan Council of Women in Technology Foundation (MCWTF) will award this scholarship to a female high school senior who will be pursuing a degree in information systems, business applications, computer science, computer engineering, software engineering or information security. Applicants must be Michigan residents with a GPA 3.0.

Total: $10000

Awards: 2

Deadline: January 31, 2021

ASA Minority Fellowship Program

This award is available for minority students who are currently enrolled in and have completed at least one year of a graduate program in sociology and are working toward a Ph.D. in the field.

Total: $90000

Awards: 5

Deadline: January 31, 2021

Jacksonville Jaguars Foundation Scholarship

This scholarship is available for students at Florida State College of Jacksonville who are residents of Baker, Clay, Duval, Nassau, or St. Johns counties. Preference will be given to students who have participated in the Honor Rows Program, students who have volunteered with the Jaguars Foundation, and students who have graduated from Andrew Jackson High School.

Total: $1000

Awards: 1

Deadline: January 31, 2021

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