BENEFACTORFUNDED SCHOLARSHIPS
WHAT ARE THEY AND HOW TO SECURE THEM?
What Are Benefactor-Funded Scholarships?
Scholarships are financial awards offered by benefactors to support students’ education. They are typically based on merit, need, or specific criteria (e.g., field of study, demographics).
Unlike loans, they don’t require repayment.
Types
Merit-Based: Awarded for academic, artistic, or athletic achievements
Need-Based: Focused on financial need
Field-Specific: For students in certain disciplines (e.g., STEM, arts)
Demographic-Specific: Based on ethnicity, gender, or other identity factors
Unique Scholarships: Based on unconventional criteria (e.g., hobbies, interests)
Why Benefactor-Funded Scholarships Matter
They help reduce the financial burden of education.
They increase access to quality education for underprivileged groups.
They foster diversity and talent development in various fields.
They empower students to focus on learning instead of finances.
How to Apply
Research opportunities: Use online platforms, local organizations, and educational institutions.
Prepare documents: These could include the application form, resume, recommendation letters, personal essays, and transcripts.
Tailor applications: Customize essays and responses for each scholarship.
Meet deadlines: Track important dates to ensure timely submission.
Pro Tips
Start early and explore all available options. Highlight unique strengths in your application. Seek guidance from mentors or career counselors.
Stay organized: Maintain a calendar for deadlines and follow-ups.
St. John’s University Office of Student Financial Services
8000 Utopia Parkway
Queens, NY 11439
Attention: Endowed Scholarship Committee
