The following is concise list of information relating to Federal scholarships.

  1. A scholarship is a sum of money donated to a student to help pay for his or her education or training and any associated costs.
  2. Scholarships can range from small amounts up to the full cost of schooling.
  3. They are based on financial need, academic merit, athletic ability, or a wide variety of other criteria set by the organizations that provide the scholarships. Frequently, students must meet minimum academic requirements to be considered for a scholarship.
  4. Other qualifying requirements—such as intended major field of study, heritage, or group membership—may be added by the organization providing the scholarship.
  5. Scholarships can be provided by a wide variety of institutions, including educational institutions, State and local governments, private associations, social groups, and individuals.
  6. There are no federally awarded scholarships based on academic merit.
  7. Most large scholarships are awarded to students by the institution they plan to attend.
  8. Students who have received State scholarships and plan to attend a school in another State should check with their State to see if the scholarship can be transferred.
  9. Information on scholarships is typically available from high school guidance counselors and local libraries.
  10. Additional scholarship information is available from State higher education agencies.
  11. A list of these agencies is available at: http://wdcrobcolp01.ed.gov/Programs/EROD/.
  12. The College Board has information on available scholarships at: http://www.collegeboard.com/pay.