Introduction
Hey there, scholarship seeker. Let’s talk money—specifically, free money. We all know college isn’t cheap, and the thought of drowning in student loans is scarier than finals week. But what if I told you there’s a way to ease that financial burden without needing to prove how broke you are? Welcome to the world of merit-based scholarships.
These gems reward students for being awesome—whether that’s killer grades, standout leadership, or jaw-dropping talents. And the best part? Many are still open for applications this year. So grab a cup of coffee, and let’s dive into the best merit-based scholarships you can still snatch up.
Understanding Merit-Based Scholarships
What Is a Merit-Based Scholarship?
In simple terms, a merit-based scholarship is awarded based on your achievements—not your bank account. Think top GPA, leadership roles, sports excellence, artistic talent, or community service. If you’ve excelled at something, chances are there’s a scholarship with your name on it.
Difference Between Merit-Based and Need-Based Scholarships
Need-based scholarships help those with limited financial resources. Merit-based scholarships reward performance regardless of your financial status. Sometimes, programs even combine both!
Who Can Apply?
Anyone! High school seniors, college students, graduate students—even international students. As long as you meet the criteria, you’re in the game.
Why You Should Go for Merit-Based Scholarships
Rewards Hard Work and Talent
You’ve busted your brain cells getting those A’s, running clubs, or playing varsity. This is how you get paid for it.
Financial Freedom Without Debt
Scholarships don’t need to be repaid. That means less debt and more money for avocado toast.
Boosts Your Resume and Academic Credibility
Winning a scholarship isn’t just about the money—it looks really good on applications and resumes.
Tips to Increase Your Chances of Winning
Maintain High Academic Performance
A high GPA is often the golden ticket. So yes, those long nights studying do matter.
Showcase Leadership and Extracurricular Activities
Join clubs. Lead them. Volunteer. Judges love well-rounded applicants.
Perfect Your Essay and Application
Don’t treat the essay like a last-minute homework assignment. Be real, be compelling, and tell your story. Need help? Check out Purdue OWL’s writing tips.
Get Strong Letters of Recommendation
Teachers, coaches, mentors—pick people who really know you and can sing your praises.
Top Merit-Based Scholarships Still Open This Year
1. Gates Scholarship
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Deadline: Typically September
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Award: Full college funding
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Eligibility: Minority high school seniors with a 3.3+ GPA
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Apply here: www.thegatesscholarship.org
2. Coca-Cola Scholars Program
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Deadline: October
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Award: $20,000
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Eligibility: High school seniors demonstrating leadership and service
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Apply here: www.coca-colascholarsfoundation.org
3. Elks National Foundation Most Valuable Student Award
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Deadline: November
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Award: Up to $50,000
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Eligibility: High school seniors
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Apply here: www.elks.org/scholars
4. Jack Kent Cooke Foundation Scholarship
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Deadline: November
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Award: Up to $55,000/year
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Eligibility: High-achieving students with financial need
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Apply here: www.jkcf.org
5. Cameron Impact Scholarship
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Deadline: Early September
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Award: Full tuition
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Eligibility: U.S. citizens with strong academics and leadership
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Apply here: www.bryancameroneducationfoundation.org
6. National Merit Scholarship
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Deadline: Varies (PSAT score required)
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Award: $2,500+
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Eligibility: Based on PSAT scores
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Learn more: www.nationalmerit.org
7. Davidson Fellows Scholarship
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Deadline: February (next cycle open soon)
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Award: $10,000–$50,000
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Eligibility: Under 18s with extraordinary projects
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Apply here: www.davidsongifted.org
8. GE-Reagan Foundation Scholarship
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Deadline: January (open soon again)
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Award: $10,000/year
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Eligibility: Leadership, integrity, and citizenship
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Apply here: www.reaganfoundation.org
9. Burger King Scholars Program
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Deadline: December
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Award: Up to $50,000
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Eligibility: High school seniors and BK employees
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Apply here: www.bk-scholars.com
10. Ron Brown Scholar Program
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Deadline: January 9th
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Award: $40,000
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Eligibility: African-American high school seniors
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Apply here: www.ronbrown.org
International Merit-Based Scholarships
1. Chevening Scholarships (UK)
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Fully funded master’s for global leaders.
2. DAAD Scholarships (Germany)
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For postgraduate study and research.
3. Eiffel Excellence Scholarships (France)
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For top international master’s & PhD candidates.
4. Australia Awards Scholarships
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Long-term development awards from the Australian government.
5. Holland Scholarship
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€5,000 for non-EEA students.
How to Stay Updated on Scholarships
Use Trusted Scholarship Search Engines
Subscribe to College or University Newsletters
They often have a goldmine of opportunities.
Follow Scholarship Influencers on Social Media
Many TikTokers and YouTubers post scholarship tips and deadlines—use them!
Conclusion
Merit-based scholarships aren’t just some myth, they’re real, they’re powerful, and they’re waiting for students like you. Whether you’re at the top of your class, leading your community, or just super passionate about something, there’s a scholarship out there with your name on it.
Don’t let those application deadlines sneak past you. Bookmark this list, set some calendar reminders, and start applying today. Your future self (and your wallet) will thank you.
