The landscape of merit scholarships is expected to evolve with increasing demand due to the rising cost of education. Colleges and universities may expand the types of achievements and talents that scholarships reward to attract a diverse range of talented students. Technology will also play a role, with online platforms making it easier for students to find and apply for scholarships. Policy and regulation will also shape the future of merit scholarships, with a need for policies that increase funding for scholarships and regulations that ensure fairness and transparency.