The 10 Biggest Scholarships in the World
Most students today need financial support to pursue a college
education. Though it may not be surprising that the cost of higher
education at national universities has risen 179% from 1995-2015,
many are unaware of the sharp rise in fees and other costs outside
of tuition, including technology fees and on-campus recreation
center access costs. This totals an average of more than $2,000
in recent years. Luckily, to help students offset these costs, there
are many federal, state, and private groups and organizations that
offer a variety of scholarships to eligible students based on merit,
cultural background, and type of program.
While every scholarship is special, there are some exceptional
standouts from organizations generous enough to give millions (or
even billions!) in scholarship money every year to college
students. From awards that provide a full scholarship, or “free
ride,” to others that more than cover the bulk of expensive degree
program costs, the size and breadth of the 10 biggest
scholarships for college students will take your breath away. Read
on to learn more about how to apply for and access these funds.
1. Miss America
Amount Awarded: Varies, up to $12,000
Deadline: Varies
The Miss America Foundation is the largest provider of big college
scholarships to young women in the U.S. The Miss America
Organization, comprised of more than 50 licensed funding groups,
is responsible for millions of dollars in scholarship aid at the local,
state, and national level. In 2014 alone, Miss America awarded
nearly $6 million in scholarships. The organization offers several
different types of awards, including Miss America Scholar, Miss
America Community Service Scholarship, Quality of Life Awards,
the Dr. & Mrs. David B. Allman Scholarship, and the Eugenia
Vellner Fischer Award for the Performing Arts. A unique STEM-
program scholarship is also available to women pursuing careers
in this historically male-dominated field.
2. United Negro College Fund
Amount Awarded: Varies
Deadline: Varies
The United Negro College Fund (UNCF) is famous for providing the
scholarship funds necessary to send more than 10,000 students
to college each year. One of the best college scholarships and as
the nation’s largest minority scholarship provider of more than 400
different scholarships, internships, and fellowships, UNCF helps
low- to moderate-income students attend college when they
otherwise might not have had the opportunity. Among the most
unique UNCF scholarship programs is the Merck Undergraduate
Science Research Scholarship Awards, with awards ranging from
$35,000 to $85,000 for students in bioscience and biotechnology
programs.
3. The Gates Millennium Scholars Program
Amount Awarded: $12,785 (average)
Deadline: January 13, 2018
As one of the biggest scholarships provided by the United Negro
College Fund (UNCF,) the Gates Millennium Scholars Program helps
an average of 1,000 college students attend college each year,
averaging an award of nearly $13,000 per student between 2000
and 2014. Offered alongside several post-secondary awards
given through the Bill and Melinda Gates Foundation, the Gates
Millennium Scholars Program is a $1.6 million initiative designed
to support minorities pursuing a college education.
4. Davidson Fellows Scholarships
Amount Awarded: Up to $50,000
Deadline: February 8, 2018
Although the Davidson Fellows Scholarship program does not reach
annual giving goals as high as some other programs on this list,
the program is especially impressive for its individual high-dollar
awards. The award is one of the most prestigious undergraduate
scholarships in the world, offering $50,000, $25,000, and $10,000
scholarships to college students who have made significant
contributions in the fields of science, technology, engineering,
mathematics, literature, music, and philosophy. Students may
also be eligible for a separate “Outside the Box” award. Since its
inception, the Davidson Institute has given more than $6.7 million
to 286 scholarship recipients.
5. Coca-Cola Scholars Foundation
Amount Awarded: Up to $20,000
Deadline: August 2017
Each year, Coca-Cola supports more than 1,400 students by
providing $3.45 million in scholarships across three national
programs. The largest of these scholarships, the Coca-Cola
Scholars Foundation, awards big college scholarships of $20,000 to
150 exceptional high school seniors entering college who are
academically accomplished and show potential for outstanding
leadership in their schools and communities. Additional awards
provided by Coca-Cola include the Community College Academic
Team and the Leaders of Promise program, each selecting 200
recipients annually for awards ranging from $1,000 to $1,500.
6. Buick Achievers
Amount Awarded: $25,000
Deadline: Varies
Like Coca-Cola, American car maker Buick generously channels
much of its corporate wealth back into promoting student success
in higher education through corporate scholarships. Funded by
the GM Corporation, the Buick Achievers Scholarship Program offers
large scholarships of $25,000 one of the biggest award
amounts available to 50 college students each year, for up to 4
to 5 years. During the course of their entire college career, a
Buick Achievers Scholarship winner can potentially receive
$125,000 toward the full cost of their education. Designed to
attract applicants interested in becoming the Buick car makers of
the future, Buick also awards 1,000 one-time scholarships of
$2,000 annually to students interested in engineering, design, and
business, in addition to this single large award.
7. Foot Locker Scholar Athletes Program
Amount Awarded: $20,000
Deadline: December 30, 2017
Each year, Foot Locker gives twenty $20,000 scholarships to
student athletes who are high school seniors planning to continue
their sports career at a four-year accredited university
immediately after graduation. The Foot Locker Scholar Athletes
Program is designed to promote not only academic leadership, but
also fair sportsmanship and strong moral character among its
candidates. In addition to the Scholar Athletes award, one of the
20 recipients will also be awarded the Ken C. Hicks Scholarship,
which adds an additional $5,000 to the total gift amount. The
Scholar Athletes award of $20,000 is separated into equal annual
payments over the course of four years.
8. Gates Cambridge Scholarship
Amount Awarded: Varies
Deadline: October 12, 2017 (for U.S. residents)
The Gates Cambridge Scholarship was established in 2000 after Bill
and Melinda Gates gave the UK university the largest-ever single
donation of its kind, in the amount of $210 million. The Gates’
generous gift has provided “full-ride” scholarships for more than
1,400 Cambridge students, awarding nearly 100 new applicants
each year. The award amount varies per student, but it is
designed to include not only the full cost of tuition and fees
relevant to the student’s degree, but also childcare (if applicable),
fieldwork, continuing education costs for graduate students,
maternity/paternity funding, and maintaining a student visa. The
award even includes a single economy airfare ticket at the
beginning and end of each course.
9. D.C. Leadership 1000 Scholarship
Amount Awarded: Up to $25,000
Deadline: April 14, 2017
Sponsored by various corporate and private benefactors aiming to
support underprivileged college students in Washington, D.C., the
D.C. Leadership 1000 Scholarship is unique in that its criteria can be
somewhat customized on a case-by-case basis. Generally,
eligibility is open to first-time and returning college students who
plan to engage in full-time study in the coming fall term at a four-
year institution in the D.C. area, though requirements may change
slightly according to the donor of the award. Scholarships are
typically $5,000 per year for up to five years of college study,
totaling $25,000 over the course of the degree.
0. Dell Scholars Program
Amount Awarded: $20,000
Deadline: January 15, 2018
Sponsored by the Michael and Susan Dell Foundation, the Dell
Scholars Program is awarded annually to 300 college students who
have overcome significant socioeconomic disadvantages to
pursue a college degree. In addition to providing a laptop and
textbook funding, Dell Scholars receive large scholarships of
$20,000 to put toward their undergraduate education. Eligible
candidates are high school seniors who have completed the
foundation’s approved college readiness program in grades 11
and 12, and who are planning to attend a four-year program
immediately after graduation.