need-based
Adjective
Meaning
need-based (comparative more need-based, superlative most need-based)
With respect to financial or other assistance, derived from need rather than earned by merit.
Synonyms
Examples
And if you’re applying for need-based education aid for your kids, a paid-off mortgage or a lot of can count against you at colleges where equity is considered money in the bank.
During the period of global recession and increased housing foreclosures in the 2000s, squatting became far more prevalent in Western, developed nations. citation In some cases, need-based and politically motivated squatting go hand in hand.
Among students who receive Pell Grants—the chief need-based form of federal assistance—the share attending four-year colleges fell from 62 percent in 1974 to 45 percent in 2002; the share attending two-year schools rose from 38 percent to 55 percent.
At Columbia University, 49 percent of full-time undergraduates receive some kind of need-based financial aid, and the average need-based scholarship or grant award is $50,744.
Colorado College commits significant endowment funds to institutional grants for eligible students, Shafer said, with need-based student loans and work-study opportunities making up a portion of the student’s financial input.
At Purdue University--West Lafayette, 42 percent of full-time undergraduates receive some kind of need-based financial aid, and the average need-based scholarship or grant award is $13,407.