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Glossary of Financial Aid Terms
"M" Terms
- Merit-Based Aid
- Financial aid that is awarded based on a student's academic, athletic, or artistic merit, or some other criteria, and does not depend on financial need. Merit-based awards may look at a student's grades, test scores, special talents or extracurricular activities to determine eligibility.
- Military Scholarships
- Reserve Office Training Corps (ROTC) scholarships from the U.S. Army, U.S. Navy, and U.S. Air Force are available at Duke University and many colleges and universities. These scholarships often cover tuition, fees, books and supplies, and pay a subsistence allowance. (For more information, please visit our overview of the ROTC programs at Duke University.)
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