A scholarship program is a form of financial aid that doesn’t need to be paid back. It can be offered by universities, private organisations, governments, community groups and professional or social organisations. Scholarships are often awarded based on merit, such as academic achievements, athletic skill or art talent. They might also be awarded based on financial need or research experience.
There are thousands of scholarships available to help you pay for college. Some scholarships are given to students who meet certain criteria, such as academic achievement or community service. Others are based on financial need, research or leadership skills. The selection process for most scholarships is competitive, and many require applications that include transcripts, letters of recommendation or a motivation letter.
Some scholarships are delivered as a check directly to you, while others go straight to your school. The money you receive can be used for any expenses directly linked to your education, such as tuition and fees, books, living costs or student travel. The scholarship provider usually defines how the money can be spent, and you may need to save receipts or other records to prove that you spend the funds wisely.
NYU Stern is proud to support high-achieving, exceptionally talented students from across the United States through two ambitious scholarship programs. Gallatin Scholars participate in a rigorous academic program of study and cultural and intellectual activities, and attend lectures, concerts, theatrical performances and other university events. They are expected to complete the honors track in their major and take part in study trips.