Top American Scholarships to Apply for in 2024

Preparing to enter your first year of college is exciting, especially if you're going to an American college. For international students, and even American students, striving for academic excellence and getting a college education is a dream, but understanding the scholarship landscape is key to knowing how your money is being invested.

Not only do scholarships help alleviate the financial burden of education, but they also open doors to opportunities that might otherwise seem out of reach. Whether they're merit scholarships, Fulbright scholarships, or even sports scholarships, American scholarships help students get an education without the stress of student loans. And at Bold.org, that's exactly what we strive for.

Today, we are going to explore the various types of scholarships available in America, their eligibility criteria, and the benefits they offer, and gain an overall understanding of American scholarships. I will also provide a list of American scholarships available to students. Fortunately for all students, even college and graduate students, there's something for everyone. So, whether you're going for your bachelor's degree or doctoral degree, we've got you covered. Let's get into it!

If you're a student looking for financial aid, make sure to create a Bold profile to gain access to exclusive scholarships found only at Bold!

Scholarships in America

Before getting into the different types of American scholarships, let's take a second to understand how scholarships in America work. With tuition fees skyrocketing year after year, the financial responsibility that comes with getting a higher education often hinders students from pursuing their dreams. This is where scholarships come into play.

Scholarships provide funds to talented and deserving students who showcase leadership abilities and academic achievement. They also create equal opportunities for all, regardless of financial background, which is great for students who come from low-income families. They pave the way for a brighter future and empower students to fulfill their potential both academically and personally.

Scholarships are not only made to alleviate financial burden, they also provide this sense of pride and determination among students. Knowing that their hard work and dedication can be rewarded with financial assistance, students are encouraged to strive for excellence in their academic pursuits. Scholarships serve as a powerful incentive for students to push beyond their limits and achieve their goals. Now, let's talk about the different types of scholarships.

Types of Scholarships:

Scholarship programs come in all kinds of shapes and sizes. They cater to different needs and academic pursuits, all with the sole purpose of reducing the chance of student debt. Below are some common types of scholarships:

1. Merit-based Scholarships: These scholarships are awarded based on academic performance, extracurricular achievements, leadership qualities, or special talents.
2. Need-based Scholarships: These scholarships are awarded to students who demonstrate financial need, determined by factors such as family income and assets.
3. Identity-based Scholarships: These scholarships are specifically designed for students belonging to certain ethnic, cultural, or gender identities.
4. Subject-specific Scholarships: These scholarships focus on specific fields of study, such as STEM, arts and humanities, or business.
5. Athletic Scholarships: These scholarships are awarded to student-athletes who excel in sports.

Each type of scholarship serves a unique purpose and addresses different aspects of a student's profile. Whether it's recognizing academic brilliance, supporting students with financial constraints, or promoting diversity and inclusion, scholarships make sure that every student has the opportunity to pursue a higher education.

Eligibility Criteria for Scholarships

However, even though scholarships help students with funding, students must fall in line with certain requirements that pertain to each scholarship. These requirements vary from scholarship to scholarship, but there are some common eligibility criteria applicants need to meet like academic achievement, extracurricular involvement, community service, essay submissions, or letters of recommendation. Before you start applying for scholarships, I suggest researching the specific requirements of each scholarship program you choose in order to maximize your chances of success.

It's also worth noting that scholarships are not limited to high school seniors or undergraduate students. There are also several scholarships made available for graduate students, doctoral candidates, and even professionals seeking to further their education. The scope of scholarship opportunities ensures that individuals at any stage of their academic journey can benefit from financial assistance.

Best American Scholarships

My list of American scholarships offered to students right here on Bold.org! At Bold.org, the fight against student debt is never-ending, so it's important that I provide you with the resources available that can help you get a higher, quality education that doesn't drown you in student loans. Let's take a look:

• Scholarships by Major
• Ethnic Scholarships
• State Scholarships
• Scholarships by Type
• Scholarships for High School Seniors
• Scholarships for Graduate Students
• Scholarships for Writers
• Military Scholarships
• Education Scholarships
• Free Scholarships

Keep in mind that my list of American scholarships should not limit you to knowing the amount of scholarships available out there. With a little bit of research, you'll be surprised to find that there is money awaiting you and your educational journey!

Federal Scholarships in the United States

When it comes to pursuing a higher education, the cost can often be a major concern for students and their families, especially if you're enrolled full-time. Fortunately for international students, the United States government offers a range of federal scholarship programs to help with some of the financial burden, like the federal Pell Grant. However, there are other federal scholarships that provide valuable support to deserving students. Let's go over them.

Pell Grants

One of the most well-known federal scholarship programs is the Pell Grant. Designed to assist undergraduate students with exceptional financial needs, Pell Grants provide a significant boost in funding for those who qualify. The amount awarded is determined by different factors like financial need, cost of attendance, and enrollment status.

Federal Supplemental Educational Opportunity Grants (FSEOG)

Another federal scholarship program is the Federal Supplemental Educational Opportunity Grant (FSEOG). This is a need-based grant that provides additional financial assistance to undergraduate students with the greatest need to attend college together. The amount awarded can vary between $100 and $4,000 per academic year, depending on the student's financial situation and the availability of funds at their chosen institution.

TEACH Grants

Last but not least, the Teacher Education Assistance for College and Higher Education (TEACH) Grant is specifically aimed at students who plan to attend or become teachers. Recipients of the TEACH Grant are required to teach in a high-need field or at an elementary or secondary school serving low-income students for a specified period after graduation.

Through the TEACH grant, the government aims to support students who have an interest in teaching. It is aimed to address the critical shortage of qualified educators in certain areas.

This grant not only provides financial support to transfer students but also encourages aspiring teachers to make a difference in the lives of students who need it the most. It serves as a reminder of the importance of education and the transformative power of dedicated educators.

These federal scholarship programs are just a few programs available to students enrolled in the United States. Whether it's the Pell Grant, FSEOG, or TEACH Grant, these financial programs aim to make getting a higher education more accessible and affordable for students.

So, if you're considering pursuing your dreams of higher education, don't let financial concerns hold you back. Explore the various federal scholarship programs and see how they can help you turn your aspirations into reality.

Learn more about federal aid by reading our blog about FAFSA!

State-Sponsored Scholarships

Another type of American scholarship worth mentioning is the state-sponsored scholarship. Many state governments offer scholarships to residents as a way to invest in the education and future of their citizens, and these scholarships are based on whether you live in the state of your school or are an out-of-state student. Let's talk about it.

In-State Scholarships

In-state students have access to scholarships that are exclusively available to residents of a state. These scholarships aim to sponsor local students within the state and financially support students to pursue colleges and universities within their own country or home state. They can cover a range of expenses, including tuition, fees, and living costs, depending on the program's terms and conditions.

For example, in the state of California, the Cal Grant program provides financial aid to eligible students who demonstrate financial need and meet certain academic requirements. This program not only covers the cost of tuition but also offers students additional support for other expenses.

State-sponsored scholarships are also useful to students who don't have the financial means to go to school out-of-state. By investing in the education of its residents, state scholarships create a new generation of highly skilled and knowledgeable workforce, which in turn attracts businesses and drives economic growth. These scholarships influence a strong and prosperous future for both individuals and the state as a whole.

Learn more about American scholarships by reading our blog on the Fullbright Scholarship!

Scholarships from Private Organizations

One thing about the educational system is the amount of donors that strive to make higher education an equal opportunity and available to students, especially private organizations.

Scholarships from private organizations are financial awards provided by non-governmental entities to support students in their educational pursuits. They are typically merit-based or need-based and are offered by various private corporations and non-profit organizations.

Corporate Scholarships

Many corporations and businesses recognize the value of investing in students and their college education. Corporate scholarships are awarded to students who display exceptional academic performance, leadership potential, or a strong commitment to a specific field that aligns with the company's goals. These scholarships can come from a wide range of industries, including technology, finance, healthcare, and more.

For example, technology companies offer scholarships to students pursuing degrees in computer science or engineering. These scholarships not only provide financial assistance but also offer opportunities for mentorship and internships within the company. It also helps students to gain valuable experience while pursuing their education.

Corporate scholarships also consider extracurricular involvement and community service in their field. Companies and schools value well-rounded individuals who demonstrate leadership skills and commitment to their communities. So, don't be afraid to get out there and look for opportunities that can help leave a mark on your peers and schools, as well.

Non-Profit Organization Scholarships

Non-profit organizations have always been know to be avid contributors to the education industry. Non-profit scholarships are meant to focus on various causes like social change, community development, or academic excellence. Like corporate scholarships, these also require specific eligibility criteria, such as involvement in community service or commitment to a particular mission.

For instance, a non-profit organization dedicated to environmental conservation may offer scholarships to students who have shown a strong commitment to sustainability and environmental interest. These scholarships not only provide financial assistance but also recognize and support individuals who are passionate about protecting the planet.

I recommend doing thorough research on different companies and organizations that offer private scholarship opportunities that align with your academic goals.

Scholarships for Specific Fields of Study

Scholarships come in abundance in all ways. There are scholarships for specific fields of study that offer financial awards designed to support students pursuing education in particular academic disciplines or professional fields. These field-specific scholarships cover a wide range of academics like STEM (Science, Technology, Engineering, and Mathematics), arts, humanities, and more.

Scholarships for STEM Students

With the increasing demand for STEM (Science, Technology, Engineering, and Mathematics) professionals, numerous STEM scholarships are available exclusively for students pursuing degrees in STEM studies.

These scholarships aim to encourage and support students in the STEM fields and help shape them to be knowledgeable professionals for the future. From computer science to biomedical engineering, there are opportunities for aspiring scientists, engineers, and mathematicians to excel.

STEM scholarships also offer unique opportunities for students to engage in cutting-edge research and innovation. These scholarships often come with mentorship programs, allowing students to learn from industry experts and gain valuable hands-on experience. Whether it's conducting experiments in a state-of-the-art laboratory or developing groundbreaking software, STEM scholarships open doors to a world of possibilities.

Scholarships for Arts and Humanities Students

Though they say the arts and humanities are dying fields, scholarships for arts and humanities cater specifically to new generational talents that are passionate about keeping the arts alive.

These scholarships can range from supporting aspiring musicians, actors, and writers to nurturing future academics, historians, philosophers, and linguists. The arts and humanities play a major part in shaping the culture in our society, and these scholarships provide the resources needed to pursue these passions.

Arts and humanities scholarships offer opportunities for students to connect with like-minded individuals. Many scholarships include networking events, workshops, and exhibitions, allowing students to build connections with their peers.

Whether it's performing on a prestigious stage, exhibiting artwork in a renowned gallery, or publishing a groundbreaking novel, arts, and humanities scholarships, pave the way for students to make a lasting impact in their chosen fields.

Remember, doing research is the safest way to know what American scholarships are best for you. Whether it's a state scholarship, athletic scholarship, or a scholarship in a specific field of study, the aid is out there and waiting for you! The path to a brighter future begins with a single step; let scholarships be your guiding light along the way. Good luck!

Frequently Asked Questions About American Scholarships

What kind of American scholarships are out there?

Luckily for students of all grade levels, there are an abundant amount of scholarships available for everyone. To name a few, athletic scholarships, Fulbright scholarships, demographic scholarships, field-based scholarships, state scholarships, federal scholarships, and more. There are even scholarships out there for lefties! Check our scholarships page for more exclusive scholarships that can help you on your way to a degree.

How many American scholarships are available to students?

The amount of American scholarships available to students is endless! Refer to our list of categorized scholarships to get a peek into what's available out there, but don't limit yourself. Check with your desired school(s) to see what kind of scholarships and/or financial support they offer. And don't forget about private scholarships from corporations or non-profit organizations.

What is the best American scholarship?

The best American scholarship can be one of many! Depending on your academic interests, passions, and goals, the best American scholarship should align with those values and priorities. So, if you're a volleyball player, an athletic scholarship would fit the bill.

Or if you're recently come into your own identity, an identity-based scholarship should be your first stop. The good thing is that American scholarships come in all shapes and sizes, which means there is something for everyone.

Visit our Scholarship Blog for more information on financial resources that can help you pay for college. Be sure to create a Bold profile to start applying today!