👉 Scholarships math involves calculating the net financial benefit a student receives from receiving a scholarship, which is typically determined by subtracting the total amount of aid (tuition, fees, work-study, etc.) from the scholarship amount. For example, if a student receives a $10,000 scholarship and owes $5,000 in other forms of aid, the net benefit is $5,000. This calculation helps students understand how much more they can afford to spend on education or other expenses after receiving the scholarship. Factors like the type of scholarship (need-based, merit-based, etc.), eligibility criteria, and any additional conditions can also affect the final amount.
