Need Based Scholarships
Though majority of scholarship sponsors target students who are academically gifted or student leaders, there are some scholarships that are intended for financially incapable students. These scholarships are usually termed as Need Based Scholarships.
The primary institution that offer need based scholarships is the government. That is why college bound students who are seeking for financial aid to pursue college education are encourage to fill out the Free Application for Student Aid or FAFSA. Aside from the federal government, there are several institutions that also offer need based scholarships
The usual range of financial aid that you can get from them is from $200 to $2000. However, bear in mind that institutions who are offering need based scholarships are not as many as merit based scholarships. So it is a must to search and apply early if you want to have this type of scholarship.
January 16th, 2007 at 12:31 am
[…] And because this is a need based scholarship, you cannot apply to this program without completing FAFSA application and receiving a Student Aid Report. Your expected family contribution should not exceed $1800 as reflected on your 2006–2007 FAFSA. The program is likewise a first come first serve basis so, if you think you are eligible for this scholarship offer, then your should apply as early as possible. […]