An academic scholarship is financial support awarded to a student, based on academic achievement or other criteria that may include financial need, for the purpose of education.
Academic scholarships carry a significant level of honor and prestige. They impress a college admissions board and they will impress any future employers. While academic scholarships are highly competitive, if you are eligible for one you should definitely apply. In addition to the cash award which will help you pay for your tuition costs the honor and prestige that comes with an academic scholarship will stay with you as you pursue your college career and ultimately enter the workforce.
USA Colleges are expensive and the possibility of receiving academic financial aid can make your college experience more affordable. If you are entering college with an outstanding academic record you are likely to be accepted to one of the top prestigious universities.