Merit-based Aid

Short Definition

Merit-based Aid is financial aid awarded to students based on their academic achievements or other accomplishments.

In-depth Overview

Merit-based Aid

Long definition: Merit-based aid, often referred to as merit scholarships or merit awards, is a type of financial assistance offered to students based on their academic, extracurricular or other achievements rather than financial need. It is awarded to recognize and reward a student's outstanding accomplishments and potential.

Etymology: The term "merit" comes from the Latin word "meritus", which means "deserved" or "earned". Merit-based aid is so named because it is earned through a student's demonstrated excellence.

Synonyms or related academic terms:

• Merit scholarships
• Academic scholarships
• Achievement-based aid
• Performance-based aid

Examples of Use:

• She received a merit-based scholarship for her exceptional grades and leadership in high school.
• The university offers a range of merit-based aid programs to attract and retain top-performing students.
• Merit-based aid can significantly reduce the financial burden of tuition for academically talented students.

Translations:
Spanish: Ayuda basada en el mérito
French: Aide au mérite
German: Leistungsbezogene Unterstützung
Italian: Aiuto basato sul merito
Portuguese: Auxílio baseado no mérito
Japanese: 優秀ベースの支援 (Yūshū bēsu no shien)
Chinese (Simplified): 奖学金 (Jiǎngxuéjīn)
Hindi: मेरिट-आधारित सहायता (Merit-aadharit sahāyatā)

Visitors can search for this term through the uniRank World Universities Search Engine.

unirank Glossary Classification

Miscellaneous higher education terms > University financial terms