In today’s competitive academic environment, it is imperative for students to recognize their own potential early in their academic career. This recognition equips them with the right skills to channel their interests along a specific path and thereby foster their overall growth. In this context, the importance and impact of scholarships make a worthwhile discussion. A scholarship can give students the much needed advantage, enabling them to dedicate time for enhancement of their knowledge through service-learning experiences, volunteer opportunities and internships.
Perhaps the most logical and immediate reason for a scholarship would be the financial aspect of it, which entitles meritorious students to a reduction in tuition fees as well as other incidental costs. This enables students to overcome financial barriers with ease, and focus their energies towards obtaining their education goals. In a bid to underscore the importance of providing financial aid to recognize academic excellence, international schools such as the Canadian International School (CIS), through their International Baccalaureate Diploma Programme (IBDP) at Singapore, offer scholarships based on academic merit. By providing sufficient scholarship assistance, CIS Singapore aims to enable greater success in education, providing the right amount of backing for IB students to give back their bit to the society.
The psychological benefit
Going beyond the financial support dimension, scholarships seem to provide a morale boost to students. On a more personal level, a scholarship can reinforce a student’s self-confidence and give them the motivation for better academic performances. Given that a scholarship is a concrete way of demonstrating that you are a resourceful person, it certainly works wonders to make you feel appreciated. Working on this aspect that provides a sense of achievement to students, CIS believes that scholarships establish the path for students to realise the importance of academic excellence. Several students who graduated from CIS in the past have been able to benefit through their scholarships at the IB level so much so that they stand testimony to the fact that these scholarships offer a distinct advantage, both personally and professionally. The support that students receive from their own community instils a greater sense of belonging and motivation to make it through their higher education.
Translating that CV into an employment resume is the end goal of any student’s education, and having a few scholarships on the resume can make a big difference with a potential employer. Employers who recognise and value the competitive nature of scholarships will consider it as an accomplishment. Generally, a merit-based scholarship demonstrates to future employers that students have exceptional ability in the academic, athletic or artistic realm. Competitive scholarships are accomplishments worth listing on one’s CVs.
A small push can mean a giant leap, after all. This statement sums it up as to why scholarships matter to students. Simply put, scholarships serve as one of the primary means for students to realize their full potential!
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