Scholarships: Money for Nothing
Every year there are billions of scholarship dollars awarded. Here’s how to get YOUR piece of the pie.
A brief history of scholarships
1643: first scholarship, established by Lady Anne Radcliffe Mowlson, Harvard U.
1840: first student loan program. Harvard
1944: G.I. Bill, Serviceman’s Readjustment Act
1995: First free large online scholarship search database (FastWeb)
$46 billion: amount of FREE scholarship money awarded each year by the Department of Education and colleges
$35 million: amount of college scholarships money available through private companies, foundations, and civic groups
ONLY $3 million of these scholarships to college is unrestricted.
• U.S. and state governments
• Federal Pell Grants (based on need): $5,645 (for year 2013-2014) max. individual grant
• Iraq and Afghanistan Service Grant: $5,645. You may be eligible if your parent or guardian was a member of the U.S. armed forces and died as a result of military service in Iraq or Afghanistan after 9/11.
• States: Lottery funds grants for state residents in state colleges in: Georgia, North Carolina, South Carolina, Arkansas, New Mexico, Oklahoma,Tennessee
• 5 Popular corporate scholarships
• Dr. Pepper Million Dollar Tuition Giveaway. Application Deadlines: December 31, annually. $2,500-$100,000.
• Ronald McDonald House Charities Scholarship Program. Application Deadlines: January 21. Since 1985, more than $44 million awarded.
• Coca Cola Scholars Program. Oct. 31. Achievement-based scholarship awarded to 250 high school seniors each year. Fifty of these are four-year, $20,000 scholarships ($5,000 per year for four years), while 200 are designated as four-year, $10,000 scholarships ($2,500 per year for four years).
• Dell Scholars Program. Application Deadlines: January 15. 250 scholarships, each $20,000. Total annual equals $5 million. Offered to those high school students participating in an approved AVID program.
• Gates Millennium Scholars Program. Application Deadlines: January 15. Awarded to outstanding African American, American Indian/Alaska Natives, Asian Pacific Islander Americans, and Hispanic American students
• Universities (types of scholarships)
• Academic: thousands available. Google your school of choice.
• Athletic: there were 177,159 athletic scholarships awarded in 2012
• Philanthropists: Many famous scholarships come from stipulations in their wills, for instance, the Rhodes scholarship, began in 1902. Famous Rhodes scholars include:
• Pro football quarterback Pat Haden,
• Political pundit Rachel Maddow
• Former president Bill Clinton
• Henry Ford, founder of Ford Motor Company, Ford Foundation
• George Soros, financier, The Soros Foundation Network
• Eli Lilly and Family, Pharmaceuticals, Lilly Endowment Corp.
• Hugh Grant: Galsworthy scholarship to New College, Oxford
• Madonna: dance scholarship to the University of Michigan
• Denzel Washington: scholarship to attend the American Conservatory Theatre in San Francisco
• Tom Cruise: attended a Franciscan seminary in Cincinnati on a church scholarship, studying priesthood for a year
• Alec Baldwin recently donated $1 million to NYU for needy students who want to be drama scholars.
• Jerry Seinfeld: provides a number of scholarships each year worth as much as $10,000 to New York residents, with family incomes of less than $60,000.
• Will.i.am provides 4 years worth of assistance for financially needy students.
• Alicia Keys Open Door Scholarship provides up to $5,000 to members of Frum Tha Ground Up, a youth group promoting character, confidence and integrity. [Keys herself got a scholarship to Columbia in NYC…when she was a student)
• Michael Jordan: $5,000 for Chicago-area juniors, with at least a 3.0 GPA.
• John Lennon, in his name, a $5,000 annual award goes to students with at least a 3.0 grade point average studying communications, media or arts, did the same.
• G-Unit, the record label founded by rapper 50 Cent, provides a $1,400 credit against tuition for students attending Queensborough or LaGuardia Community Colleges.
• Christopher Reeve Award gives $1,000, for students showing “passion and caring in serving their community.”
• The organization guarantees you will win an award by paying a fee
• The organization sounds like a non-profit but has no traceable history
• The organization claims it will “handle all your scholarship applications” for you
• The organization requests banking or credit card information to “process your application”
• The organization requires an entrance fee
- $15,000: Collegiate Inventors Competition–Students enrolled full-time at a U.S. or Canadian college or for at least 12 months and have a new idea, process or technology.
- $10,000: David Letterman Telecommunications Scholarship–Students attending Ball State University could win by submitting a variety of creative media.
- Up to $10,000: Ayn Rand The Fountainhead Scholarship–If you are in the 11th or 12th grade, you could win by writing the best essay concerning the novel.
- $7,500: Scholar Athlete Milk Mustache of the Year (SAMMY) Award–This scholarship, free trip to Disney World and spot in a Milk Mustache advert are available to 25 student-athlete high school seniors with 3.20 GPAs
- $7,000: Carnegie Mellon University Bagpipe Scholarship– Available to bagpipe major students.
- $5,000-$10,000: Tylenol Scholarship – Awards to 40 students desiring career in medicine.
- $3,000: Eileen J. Garrett Scholarship—To qualify, a desire to study parapsychology, with proof that you’ve written about it.
- $1,000-$1,500: United States Bowling Congress (USBA) Scholarships– To bowling fans.
- $1,000: American Nudist Research Library Scholarship–If the nudist in you is itching to get out–and you don’t mind living in a nudist colony.
- $500: KLI Academic Award: The Kor Memorial Scholarship–If you’re a Trekky then you’ll love this scholarship from the Klingon Language Institute for students in the field of language study.
On behalf of the Student Caring International Community, THANK YOU! for your guest contribution: Scholarships: Money for Nothing. Professors de Roulet and Pecoraro
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