Question

Which statements about scholarships are true? Select all that apply.
A student could receive a scholarship based on financial need.
Some scholarships require the student to pursue a specific field of study.
Scholarship money must be paid back after graduation.
Scholarships are considered gifts and do not need to be paid back.
All scholarships are based solely on academic achievement.

Answer 1

True: 1, 2, and 4.

- 1 (True): Many scholarships are need-based.
- 2 (True): Some scholarships require study in a specific field (e.g., nursing, engineering, education).
- 4 (True, generally): Scholarships are gift aid and normally do not have to be repaid (provided you meet the scholarship’s terms).

False: 3 and 5.

- 3 (False): Scholarships are not loans and generally do not need to be repaid.
- 5 (False): Not all scholarships are purely academic—many use criteria like talent, athletics, community service, demographics, or financial need.