How important is scholarship availability when two universities are otherwise similar?
When two universities are otherwise similar, scholarship availability can be highly important for students who would face a substantial financial burden. However, compare more than the number of programs: examine whether aid is a grant or a loan, the amount, eligibility, renewal requirements, and the total cost through graduation, including tuition and living expenses. Then weigh these factors alongside academic content and other priorities.
Key points
- Check whether the support is a grant or a loan and whether repayment is required.
- Compare award amounts, eligibility, application timing, and renewal conditions.
- Consider total costs, including tuition, commuting, and living expenses.
Things to check
- Scholarship rules and conditions vary by university, faculty, program, academic year, and factors such as household finances or academic performance, so confirm the current details in each university’s official information.