Nelson Mandela as President of South Africa. After attaining his freedom, Nelson Mandela led the ANC in its negotiations with the governing National Party and various other South African political organizations for an end to apartheid and the establishment of a multiracial government.
Merit Scholarships. Merit scholarships, on the other hand, are not dependent upon a familyâs financial need. Merit scholarships are most commonly awarded one of two ways: a studentâs connection with an affinity group or for a studentâs academic, athletic, or artistic ability. The most common type of merit scholarship is one that is given for a studentâs academic, athletic, or artistic ability. The scholarship amounts vary by school but can range from $500 to full tuition.
Scholarship Stipend Payments. A scholarship is generally an amount paid or allowed to, or for the benefit of, a student at an educational institution to aid in the pursuit of studies. See IRS Publication 970. Individuals receiving scholarship stipends are not employees of the University. Scholarship Stipends are typically paid on a quarterly basis at the beginning of each academic quarter. Scholarship stipends are not subject to withholding of income taxes, Social Security, or Medicare.