Merit scholarships are a solution for the gap in need-based aid for college costs May 22, 2023 — by Skyler Mao Over 85% of students receive financial aid for colleges, most of them in households below the $48,000 income line. In 2022, $140.6 billion of grant aid and $94.7 billion of loans were distributed to students. These loans need to be paid back. While federal student loans interest rates were temporarily paused during the pandemic, those […] read more »