Since 1643, when the idea of scholarship first came into limelight, it has been playing a very important and prominent role in the lives of many deserving students. Since then, many different kinds of scholarships are provided to students who deserve it in almost every field, such as education, fashion, sports, etc.
The scholarship is financial aid provided to a student by an appropriate authority. It has changed the lives of many students and helped them to achieve success and fulfill their dreams.
The following are the benefits of Scholarships to Student
#1. FINANCIAL ASSISTANCE
The primary motto of a scholarship is to provide financial assistance to the students. The scope of education is expanding these days, and so does the educational expenses.
There is an “n” number of courses provided by universities and institutions, which vary from short term and long term courses, and thus, a student or his parents find it difficult to finance his education.
Due to this financial scarcity, many talented students either leave their dreams and settle for whatever they are getting in their limited resources or take loans from financial institutions. Loans inflict extra burden and worry on students as they are required to be paid back with interest.
Opposite to loans, scholarships are financial assistance in which the student is under no obligation to pay it back. Therefore, scholarships do not put an extra burden on the students and, at the same time, help them to pursue their dreams and ambitions.
#2. IT HELPS A STUDENT TO FOCUS ON HIS GOALS
When a student is rewarded with a scholarship, the sole duty remains with him is to focus on his goals. He is freed from all kinds of financial burdens and tensions. He can now work hard and sincerely walk towards his goals.
When the mind is free, it can do wonders. Scholarships free students from part-time jobs, the tension of paying back loans, arranging the amount of interest, and the idea of leaving behind their dreams and provide them enough time, which can be solely utilized in studies and pursuing other talents.
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#3. PAYING COLLEGE FEES
Not everyone is financially strong to pay their college fees. Even the fees of college are touching skies, and in this situation, scholarships are boon to students who are finding difficulty in paying their college fees. Getting a degree from a well-known college has become a very expensive task.
It is more difficult to pay the fees of international colleges by middle-class families, but, today, scholarships have made it easy. A scholarship has made education from well-known universities accessible to all and, at the same time, reduced the financial burden of students and parents.
#4. HELPS TO GET ADMISSION IN POPULAR UNIVERSITIES
There are many well-known colleges which are searching for extraordinarily skilled and talented students for adding them into the existing group of students. For the same, they conduct various examinations and provide scholarships to those who clear the examination with flying colors.
These students will increase the standards of the college and help existing students to grow. The college will also excel in the field of research and development, and the student who received the scholarship will be given adequate resources to perform the same.
#5. ENHANCE THE RESUME
A resume is the first thing that an interviewer will go through even before taking your interview. When a student receives a scholarship, the same is added to the resume and will leave a positive impression on the mind of the interviewer.
Not only this, such a candidate will find himself in a superior position than his fellow candidates. The resume will reflect that such a candidate is potential, hard-working, and equipped with all the skills and qualities needed for that particular job.
#6. FINDS JOB EASILY
The student who is rewarded with a scholarship can easily find a job. The population is increasing, so do the job opportunities, but the latter is increasing at a slower rate, and therefore finding a job after completing studies is a very painful task these days.
Those candidates who are rewarded with any scholarship in the past are preferred over other candidates as the former are considered as hard-working and knowledgeable.
#7. PART TIME JOB IS NO MORE NECESSARY
As we were already talking about the increased fees of the colleges, students take some of the other part-time jobs to handle their expenses and college fees. Colleges need minimum attendance, and so do part-time jobs, and therefore the students are trapped between their college and job.
They get less time to for enhancing their skills and talents; and devoting it to studies. Such talented minds feel helpless and have to settle for whatever opportunities they are getting.
#8. DEVELOPING THE PERSONALITY
Scholarship grooms the personality of a student. Getting a scholarship is not an easy task as the student has to go through many tests and interviews, which make them strong, energetic, and skillful.
After they receive their scholarship, they are guided by very talented and knowledgeable minds, which help them to know various things and exchange much valuable information. Not only this, many get a training session after getting a scholarship, which helps them to cope up with all kinds of fear they have in their mind and, in turn, helps in the development of their personality.
#9. HELP TO FINANCIALLY WEAKER SECTION OF SOCIETY
Education is a right granted by the provisions of the Constitution of India. The government is trying hard to provide equal educational opportunities to all, and scholarships are making their job simpler. Talent can be found anywhere, in posh societies, and even in slums.
The talents which are there in the weaker section of the society cannot be ignored as they are the future of the country and a source of motivation to those who are equally talented but not fortunate enough to finance their education and skills.
Scholarship provides financial aid to the less fortunate ones and helps them to achieve their desired goals. These people are not only talented but are filled with energy to work for the society, and scholarship is the best push they can get.
#10. SHARING OF IDEAS
The group of students who gets a scholarship from a particular institution comes from various backgrounds, and this gives a great opportunity for them to meet new people. They cooperate, understand them, and share different ideas among themselves. The students feel free to share their thought without being judged.
Though others will raise questions, the answers given for the same will be fruitful to research and development. They will be asked to do many group activities, which will increase their confidence level and will add the virtue of team spirit to them.
#11. PERPETUAL MEMBERSHIP
The scholarship provides life-long membership to a student. He gets free educational advice from teachers and other dignitaries of the college. They are free to attend any workshops or seminars held at the college.
Above mentioned are the benefits of scholarship which a student enjoys. It removes the financial burden and other obligations from the shoulder of a student but, at the same time, impose various others.
The student who wants to get a scholarship needs to work very hard as others are craving for that scholarship too. Even after getting a scholarship, he is required to prove himself whenever he is asked to do it.