Aly, a student at Edulinx.net set to enroll in a top US college next year, Aly recently received two exciting offers:
a. College (A): is offering him a Sports Scholarship covering 50% of Costs.
b. College (B): is offering him an Academic Scholarship covering 85% of Costs.
You might be wondering—which offer is better? Well, we all know it’s #awesome to receive a sports scholarship, which signals a coach’s appreciation for your talent. Heck! it's the first step of monetization of your skills. However, many prospective student-athletes believe that sports scholarships are the best or only funding option. This is a common misconception — and it's crucial to understand all three main funding sources for all future student-athletes.
The Funding Trifecta!
A. Sports Scholarships: Unique to America as a study destination, NCAA colleges distribute over $3.3 billion in sports scholarships annually. While the sum might seem huge, usually students often complement by other funding sources, as full rides are not that common in Sports.
B. Academic Scholarships: Also known as merit scholarships, these often exceed the amounts offered in sports scholarships. Particularly in Division II universities, where average sports scholarships are typically just $6K to $10K.
C. Need-Based Aid: Where universities would provide a need-based grants tailored to the financial situation of the student-athletes’ families and their financial related unique situation. Many top-tier institutions commit to covering 100% of demonstrated need for international students. For example, Harvard’s need-based aid can reduce the average cost of attendance as low as $13,219.
Balancing the Trifecta
Based on each student’s unique profile and chosen colleges with Edulinx.net we aim the balance funding sources. So which option do you think Aly will choose?
Your journey to college admission starts here! with Edulinx.net Plan well and explore all your funding options to maximize your opportunities!
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