Pros and Cons: Scholarships

Scholarships are one of the options for student funding that you may be investigating. In this mini series of articles named Pros and Cons, Bursaries Portal outlines the advantages and disadvantages of scholarships, bursaries and student loans. 

Pros

Scholarships are usually given to students who achieve high marks or do well in the topic they are covering.

There is no need to pay back the funding. 

Cons

Since for some scholarships you don’t apply, they might be based on merit, you won’t always know if you’ll get the scholarship in advance. 

Normally since they’re given based off of high achieving merits, they’re in demand and are given to fewer people.