IMHO better 'gift' from the community might be an interest free loan.
That is worth some $$ (600-1200/yr) and solves a real need.
Paying it forward is still optional.
> Comparing a (presumably) merit[1] scholarship
Is skin color a merit? I'm sure that's how I got my scholarships.
Are being born with rich white* parents a merit?
* Neither rich, nor white.