College Scholarships Sponsored by MTN , 2025 - 2026

What is a college scholarship?

A college scholarship is a financial award, grant, or payment given to a student to help cover the costs of higher education, such as tuition and fees, that does not have to be repaid.

Scholarships are provided by various sponsors, including colleges, private organizations, and foundations, and are typically awarded based on criteria like academic achievement (merit), financial need, athletic ability, or artistic talent.

Characteristics of a college scholarship

1. Non-Repayable: Unlike student loans, scholarship money does not need to be paid back.
2. Variable Sources: Scholarships can come from a variety of sources, including universities, religious organizations, community groups, corporations, and private donors.
3. Diverse Criteria: The basis for receiving a scholarship can vary widely, including:
4. Academic Merit: High grades, leadership, or specific test scores.
5. Financial Need: Your family's income and economic circumstances.
6. Talent: Demonstrated athletic skill or artistic ability.
7. Specific Interests: Particular fields of study, specific majors, or unique characteristics like ethnicity.

How College Scholarships Work

1. Application Process:

You typically apply for scholarships by submitting essays, letters of recommendation, academic transcripts, and other relevant documents.

1. Disbursement:

The scholarship funds may be sent directly to the student or paid directly to the college, often covering costs like tuition, fees, and room and board.

1. Taxability:

In some cases, a portion of scholarship funds used for expenses beyond educational costs might be considered taxable income.

Importance of College Scholarships

1. Reduce Debt:

Scholarships significantly decrease the amount of money students and their families need to borrow through student loans.

1. Increase Access:

They help make higher education more accessible for talented and deserving students who might otherwise face financial barriers.

1. Support Specific Goals:

Scholarship sponsors often aim to support students in particular fields or from specific demographic groups, helping to foster diverse and skilled workforces.

1. Use Scholarship Databases:

Utilize websites like ScholarshipLit and International Scholarships to find and apply for available College scholarship opportunities.

How can I apply for a college scholarship?

To apply, visit the scholarship provider's official website, carefully review the eligibility criteria and application process, and submit required documents such as transcripts, essays, and recommendation letters.

Are there scholarships available for international college students?

Yes, many scholarships are open to international students attending colleges worldwide, especially those who demonstrate academic excellence or leadership potential.

What expenses do college scholarships cover?

These scholarships may cover tuition fees, textbooks, accommodation, living expenses, and sometimes travel costs related to study programs or internships.

Can I get scholarships for both undergraduate and graduate studies?

Absolutely. There are scholarships tailored for both undergraduate and graduate students across a wide range of disciplines.

Where can I find college scholarships?

You can browse available college scholarships on Scholarship Lit, organized by country, program level, and field of study.