Students who have high SAT scores are offered a myriad of scholarship opportunities. These scholarships help the students fund their complete college costs that include the tuition and fees, the accommodation, the books, and college supplies and the other living expenses, relieving the students of the heavy financial burden. A number of state and private organizations, companies, universities, and colleges offer scholarships to eligible students based on the different scores in the SATs acquired by them. The scholarships are offered at various levels. The amount of money awarded as scholarship funds depends on the SAT scores of the applicants. The higher the SAT score, the higher the amount of money received as a scholarship.
Most of the students are denied opportunities to get higher education due to their financial needs. For such students, the federal government, the different states, and private corporations and organizations, and educational institutions offer various financial aids such as student loans, grants, work-study programs, and scholarships. The money received in the form of federal loans and grants are to be paid back by the students but the money received as scholarship awards need not be paid back. Hence, the students are much more relieved of the educational financial burden through scholarships than loans and grants.
SAT scholarships are awarded to students based on the scores they have acquired in the competitive exams. The eligibility criteria for various scholarships vary according to the providing organizations, universities, colleges or any other educational institutions. Some of the basic criteria that make you eligible to be a recipient are as follows:-
You must have the required SAT scores as stated.
You must be enrolled or planning to enroll in one of the accredited universities or colleges for an eligible educational program.
You must be a citizen or an eligible non-citizen of the United States.
You must be a permanent resident or a legal non-resident of one of the 50 U.S. states.
These scholarships are a great form of help to those students who have high academic achievements yet cannot pursue higher education due to the high educational expenses. Although the students are not bound to pay back the money they receive as scholarships, certain providers of scholarships state some terms and conditions the students are obliged to abide by.