Understanding the types of scholarships can save you time and money.
When looking for financial support for college, grasp the differences between need-based and merit-based scholarships. Here’s how to navigate this effectively:

1. Need-Based Scholarships:
- Eligibility: Assessed based on your financial situation.
- Application: Usually requires a FAFSA (or equivalent) to determine your Expected Family Contribution (EFC).
- Benefit: Great for families facing financial hardships.

2. Merit-Based Scholarships:
- Eligibility: Based on academic, artistic, or athletic achievements.
- Application: Typically involves submission of transcripts or portfolios.
- Benefit: Rewarded regardless of financial status, ideal for high achievers.

3. Combining Offers: