Many higher education institutions have been forced to start taking financial aid into account when making choices regarding admission to keep up with the rising costs of inflation.
Need-aware colleges take into account a student’s ability to afford tuition in determining admissions decisions, in contrast to need-blind colleges. It will cost a college more money to accept students who must rely on grants and scholarships than it will to accept students who can pay for their education.
In light of this, many students in need of financial assistance might be deterred from applying to universities that recognize their needs. Making an application to a school that will turn you down because you require financial aid seems pointless, don’t you think?
Financial aid is one of many factors that need-aware colleges take into account when placing candidates, and it does not affect the actual amount of financial aid that you receive.
In actuality, a need-aware school may end up giving you more scholarship money than a need-blind one. Need-aware colleges and universities take financial circumstances into account when selecting new students because they are aware that those who need financial aid will end up costing the school more money overall than those who can pay for their education in full.
This implies that the college might, in theory, select the applicant who needs less or no financial aid if it had to choose between two similar applicants.
American University Emerging Global Leader Scholarship:
The goal of this need-aware initiative is to find and help outstanding international students who have the potential to be leaders and who are dedicated to improving their communities. The majority of the time, recipients get full financial aid to attend American universities in the US.
University of Calgary International Entrance Scholarship
By providing financial aid for their education, the University of Calgary’s need-aware program seeks to draw in high-achieving foreign applicants. It honors academic excellence and helps learners pursue postsecondary education in Canada.
ICSP Scholarships at the University of Oregon, USA
By providing scholarships to deserving international students, the University of Oregon’s International Cultural Service Program (ICSP) seeks to advance cross-cultural dialogue and understanding. These scholarships, which frequently pay for a sizable amount of tuition and fees, come with requirements for recipients to engage in culturally engaging activities that benefit the university community.
International Scholars Program at the University of British Columbia
Outstanding international students may be able to access financial aid and opportunities for academic enrichment through this UBC program. Creating a community of international scholars within the university, it may involve specialized coursework, research opportunities, and mentorship.
NL Scholarship for Non-EEA International Students
It turns out that the NL Scholarship was created to attract and assist non-EEA international students who want to study in the Netherlands. Under certain conditions, this scholarship may pay for living expenses in addition to tuition, or it may cover both. It supports academic excellence and cultural diversity in Dutch universities.
Final reflection
Typically, the need-aware scholarship program seeks to assist students from a range of financial situations. This program takes into account the applicant’s financial need in addition to academic excellence. It gives those who might not otherwise be able to afford higher education opportunities and gives them access to resources and high-quality instruction.
