Do you want to study in college for free? It's totally possible as there are three types of scholarships: Need-Based Scholarships, Merit-Based Scholarships, and Student Loans.

Need-Based Scholarship

Need-based scholarships are defined as financial aid given to students based on financial needs. Students may qualify for need-based scholarship funds if they come from low-income backgrounds, and qualification is usually determined based on family income. International Students can apply for this type of scholarship by applying through the CSS Profile: an online form where you fill in your financial information. Also, note that for some schools, you have to apply early to get financial aid.

Merit-Based Scholarship

A merit scholarship is a financial award that students receive based on their academic success in high school. Merit-based scholarships are not only limited to a student's grades but also consider factors such as leadership roles, ACT and/or SAT scores, extracurricular activities, and school or community involvement. Sometimes, you are automatically considered for the scholarship while sometimes, you have to specifically apply for it by writing scholarship essays.

Student Loans

A student loan is a type of loan designed to help students pay for post-secondary education and the associated fees, such as tuition, books and supplies, and living expenses.