5 reasons why scholarships are important
New Delhi : Scholarships are not just monetary aid bestowed by institutions to recognise an individual’s talent, but a gift of encouragement that helps one to achieve their dreams. Be it a class 10th student aiming to be an engineer or an MBA aspirant, they all have the opportunity to get closer to their dreams through plenty of scholarships.
Over the times, it is also noticed that scholarships are not just limited to students who are economically unstable but also other students who have talent and excellence to be the best. Moreover, individuals who win a merit-based scholarship also turn out to be more successful in the future than others who don’t.
If you or any of your known ones are planning to apply for a scholarship, it is necessary that you understand the reasons why they are considered so important in the present times.
1. Education is Expensive
An undeniable reason that tops this list is the rising cost of education. Whether it is a student planning to prepare for competitive exams like NEET and JEE or a student trying to aim for photography as a career, all the courses are now quite expensive. However, such skyrocketing fee is not easily affordable by all the students. That is why there are plenty of institutions and colleges that offer scholarships so that no dream dies due to financial issues.
Aakash Institute, for instance, conducts Aakash National Talent Hunt Exam (ANTHE) that not only provides scholarship for class 10 students but even to class 8th and 9th students.
2. Avoid Debts
Whenever people talk about scholarships and who deserves it, the conversation usually comes down to the point that students from economically weaker sections are more deserving. However, many times a student who belongs to a middle-class family often gets neglected. The reason? Well, in most of the cases, such students can avail good education by taking a loan. But often we forget to take in consideration that these education loans become a huge burden on their family in the long run. Even after making a successful career, most of their savings burn down in repaying the loan.
This is where the need for scholarship highlights its importance which is no less than a boon for such students. Unlike a loan, they do not need to repay the scholarship and rather save that money for further studies.
3. Self-Confidence is Necessary
Scholarships, as we mentioned earlier, are also a great push that helps a student feel more confident about their career choices. This enables them to stay more concentrated and dedicated towards their goal, leading to better results.
The best example of this would be ANTHE. If a class 10 student has a goal for becoming an engineer or a doctor, they can avail the benefits from this scholarship for class 10 students. If they succeed, they not only get the chance to get guidance from the experienced faculty of Aakash Institute but also become confident that they have the calibre to conquer their dreams.
4. Recognition is Ecstatic
Another reason that highlights the importance of scholarship is that it recognises a student’s talent and helps them further on the path to their career goals. There is no denial of the fact that winning a scholarship is in itself a success, and this success is one of the most crucial steps towards a better future.
Even after completing their studies, students can make use of this achievement by mentioning it in their resume. And this is something which will always make them outshine others during interviews.
5. A Step Ahead Towards Success
This one can be termed as the summing up of all the reasons that prove the significance of a scholarship. In this highly competitive era, students need the best education and the right preparation to finally achieve the desired goal. But everything comes at a cost. Scholarships, hence, bridge that financial gap between passion and success. They help students take the excellent route, study in the best institute and reach their goals without worrying about the finances.
In a nutshell, getting a scholarship is like a win-win situation. Be it financial benefit, recognition or quality education; student can access it all if they get facilitated with a scholarship.
