Please explain the difference between merit-based and need-based scholarships, and which one I should apply for masters in Uk if I have good grades but limited finances?
Merit-based scholarships are awarded primarily based on your academic performance, achievements, leadership qualities, or other talents. For example, universities in the UK may offer merit awards to students with high GPAs, strong test scores, or exceptional professional experience, regardless of your financial situation.
Need-based scholarships, on the other hand, are awarded based on your financial situation. These require proof of limited income or financial hardship, and the main goal is to help students who would otherwise struggle to afford tuition and living costs.
Since you’re planning a Master’s in the UK, and you have good grades but limited finances, it’s wise to apply for both if possible: merit-based scholarships to reward your strong academic profile, and need-based aid to support your financial requirements. Applying to both increases your chances of getting sufficient funding to cover tuition and living expenses.
