Scholarships & Fellowships @ PCA
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The term "scholarship" is sometimes used to describe any financial aid given to a student that does not have to be repaid. However, more precisely, and universally among college financial aid offices, scholarships and grants are quite different. A scholarship is given to a student because of a reason: the student has qualified for or won it by academic, artistic or athletic ability, or by agreeing to follow a particular career, or has some special ethnic or other characteristic. Scholarships are not given for financial need alone. Ty The PCA provides a number of opportunities to apply for funding for various kinds of Scholarships. The goal of these grants is to provide help for Students; it is not the expectation that the Group will provide funding for all of the expenses of the Scholarships.
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Most scholarships are based on merit or talent, without considering economic need or ethnicity. Since the economically privileged usually have better schools and more access to other educational resources, merit-based awards favor the economically privileged. While Caucasians account for 62% of full-time college students in India they receive 76% of all scholarships