MERIT-BASED VS NEED-BASED💍

🎈Merit-Based Scholarships
Merit-based scholarships are awarded to students who demonstrate exceptional academic performance and notable achievements in various areas of study. These scholarships recognize and reward talent, encouraging high-achieving individuals to pursue their educational goals.

🎈Need-Based Scholarships
Need-based scholarships provide financial support to students facing economic hardships. Many universities offer comprehensive assistance to those who are unable to afford tuition fees. The amount of financial aid required is determined using a straightforward formula: "total tuition costs minus the expected family contribution."

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