What does it mean by scholarship awards ?

Have seen lots of scholarships to USA - Canada etc.and in their description about the benefits of the scholarships I always notice that it says  1000 or 5000$ awards as benefits from the scholarship  . What does it mean ?

4 Answers

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  • 1 month ago

    Scholarships are credited toward tuition. They can be a big help in paying for your education! Also, some scholarships are very prestigious as they are very competitive, with demanding academic & other qualifications to apply for them.

  • MS
    Lv 7
    1 month ago

    That's the amount of money you get toward your education from that scholarship.  If you get a $5000 scholarship, then you get $5000 toward your degree costs; if it's a renewable scholarship then you get that amount each year.

  • drip
    Lv 7
    1 month ago

    A scholarship is money for school that you don’t have to pay back. It can be as little as a one time amount of $100. or it can be a full tuition scholarship that covers tuition for a student for all four years of college. 

    If it says the scholarships is $5000, then that means the student is awarded a one time fee of $5000.

    Many times scholarships are direct from the university the student was admitted to.  Student can get a scholarship from other sources, like a company or organization.   Sometimes  the scholarship money goes direct to the school to cover tuition costs and other times the student gets the money directly.

  • 1 month ago

    the amount cited will be applied to reduce your tuition, if you get the scholarship

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