Study in the USA
Financial Aids
Excerpt: Financial Aid (Education USA/U.S. Department of State) All types of scholarships and financial aid for international students are highly competitive and require excellent academic records. You will often find the terms "scholarships" and "financial aid" used interchangeably, but technically speaking, a scholarship is a financial award based on merit, including outstanding academic performance, special talent in sports or performing arts, or perhaps community service or leadership. Financial aid is a "need-based" grant based on the student's financial need, as documented by family income, assets, and other factors.