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What is the best scholarship to get?

Published in Scholarship Search 3 mins read

The "best" scholarship to get is highly subjective and depends entirely on an individual's unique academic profile, personal background, financial need, and career aspirations. While there isn't a single definitive "best" scholarship for everyone, some are widely regarded for their substantial financial awards, prestige, or broad eligibility, making them highly sought after. These often include popular national scholarships that can significantly reduce college costs.

Identifying Your "Best" Scholarship

To determine the best scholarship for you, consider the following factors:

  • Award Amount: Scholarships that cover a significant portion of tuition, or even the full cost of attendance, are often considered among the "best" for their financial impact.
  • Eligibility Criteria: The best scholarship for you is one you are highly qualified for, increasing your chances of success. Look for scholarships that match your GPA, extracurricular activities, major, ethnicity, community involvement, or specific talents.
  • Application Difficulty: While more competitive scholarships may have a more involved application process, the payoff can be substantial. Balance the effort required with the potential reward.
  • Prestige and Recognition: Some scholarships come with added benefits like mentorship, networking opportunities, or recognition that can boost your resume and future career prospects.
  • Renewability: A scholarship that is renewable for all four years of college can be more valuable than a one-time award, even if the annual amount is lower.

Popular and Impactful Scholarships to Consider

Many students consider national scholarships with generous awards to be among the "best" because they offer substantial financial assistance. Here are some of the most popular scholarships available, known for their significant contributions to students' education:

Name of Scholarship Maximum Award Deadline Month
Coca-Cola Scholars Program Scholarship Program $20,000 October
Burger King Scholars Program $25,000 January
Equitable Excellence Scholarships $20,000 December
Gates Millennium Scholars Program Cost of Attendance - Other Aid January

Deep Dive into Noteworthy Scholarships

  • Gates Millennium Scholars Program: This scholarship is particularly impactful as it aims to remove financial barriers for high-achieving minority students with significant financial need. It covers the Cost of Attendance (COA) minus any other aid received, meaning it can potentially cover all remaining educational expenses. This comprehensive coverage makes it one of the most financially advantageous scholarships for eligible students.
  • Coca-Cola Scholars Program Scholarship Program: This program recognizes high school seniors who demonstrate outstanding leadership, service, and commitment to their communities. Its $20,000 award is highly competitive and prestigious.
  • Burger King Scholars Program: Awarding up to $25,000, this program supports students across North America who are pursuing higher education, emphasizing academic achievement and community involvement.
  • Equitable Excellence Scholarships: Providing up to $20,000, this scholarship acknowledges students who are committed to making a positive impact in their communities.

Finding More Scholarship Opportunities

Beyond these popular options, countless scholarships exist for a variety of criteria. To find the best fit for your specific profile:

  • Utilize Scholarship Search Engines: Websites like Fastweb or the U.S. Department of Labor's CareerOneStop offer databases of scholarships that can be filtered by specific criteria.
  • Check with Your High School Counselor: Counselors often have local and regional scholarship opportunities that are less competitive.
  • Contact Colleges You're Applying To: Many colleges offer institutional scholarships based on merit, need, or specific programs.
  • Explore Local Community Organizations: Rotary Clubs, Lions Clubs, and other local groups often provide scholarships to students in their area.

Ultimately, the "best" scholarship is the one you are awarded that significantly contributes to your educational goals and financial well-being. Focus on identifying opportunities that align with your unique qualifications and needs, and apply broadly.