Scholarships are given only to those who performs extremely
well.
This is not entirely true. There are many other criteria as
well.
Basically, a scholarship is mostly a contract to work for the
company. They are "reserving" your time after graduation
earlier.
There are many who scores well, but fails in scholarship
interviews to those who don't score as well.
So, a scholarship is in no way given because a particular
candidate scores very very well. It is given because a particular
candidate appears to be a good pick as an employee in the
future.
There's a price to pay for accepting the scholarship.
Even though it may not be a huge amount, why not reward those
who improves a little by little each day?
Isn't there already Good Progress Award?
