Need-based scholarships are financial aid awarded to students based on financial need. To be eligible for needs-based scholarships, you are required to fill out the Free Application for Federal Student Aid (FAFSA).
Most of the time, you must be enrolled full-time and apply every academic year for this type of aid.
Merit based scholarships are awarded to students who have achieved high honors in a certain area. That can include:
Eligibility for merit-based scholarships varies by organization and institution. You can also find scholarships based on: