what does merit scholarship mean
Merit Scholarships. Merit scholarships, on the other hand, are not dependent upon a familyâs financial need. Merit scholarships are most commonly awarded one of two ways: a studentâs connection with an affinity group or for a studentâs academic, athletic, or artistic ability. The most common type of merit scholarship is one that is given for a studentâs academic, athletic, or artistic ability. The scholarship amounts vary by school but can range from $500 to full tuition.