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Michigan Promise Scholarship logo. The Michigan Promise Scholarship was a merit-based scholarship program in the state of Michigan that provided up to $4,000 towards post-secondary education at any approved Michigan institution to qualifying Michigan high school graduates. [1] The full amount was reserved for students attending at least two ...
To be eligible for scholarships, high school juniors must score among the top 1 percent of test-takers in their home state. The PSAT serves as the National Merit Scholarship Qualifying Test (NMSQT), and measures critical reading ability, mathematics problem solving ability and writing ability, rather than existing knowledge. [30]
Good examples of public merit scholarships include the Financial Service Centers of America Scholarship, which awards $2,000 or more to students who are "committed to community service, leadership ...
As of summer 2010, the program had paid out $18 million in tuition for about 2,000 high school graduates of Kalamazoo's two high schools and three alternative schools, according to executive administrator Robert Jorth. Most of the money has gone to the University of Michigan, Michigan State University and Western Michigan University.
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Some private need-based awards are confusingly called scholarships and require the results of a FAFSA (the family's EFC). However, scholarships are often merit-based, while grants tend to be need-based. Scholarships, similar to grants, do not need to be repaid. Scholarships come from state, educational institutions, and private agencies.
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