Academic scholarships are financial awards given to students based on their academic achievements. These scholarships help cover tuition fees, books, and other educational expenses, making it easier for students to pursue their studies. They are often awarded by schools, universities, or private organizations and can vary in amount. To qualify for an academic scholarship, students typically need to maintain a certain grade point average (GPA) or demonstrate excellence in specific subjects. Some scholarships may also consider standardized test scores, such as the SAT or ACT, as part of the selection process.