Everything you need to about the Gates Scholarships and other grants.
The Gates Scholarship (TGS) is a highly selective, last-dollar scholarship for outstanding, minority, high school seniors from low-income households. Founded in 1994, Bill and Melinda Gates Foundation has invested billions of dollars in scholarships for underserved and minority students. In 2017, they unveiled a new grant, viz. The Gates Scholarships.
Each year, Gates Scholarship is awarded to exceptional student leaders, with the intent of helping them realize their maximum potential. Scholars receive funding for the full cost of attendance that is not covered by other financial aid, and the expected family contributions, as determined by the Free Application for Federal Student Aid (FAFA), or the methodology used by the scholar’s college or university. Gates scholarship funds the full cost of attendance that is not already covered by federal aid such as Pell Grants. The scholarship aims to enable highly promising low-income students to attend college and focus on their studies, rather than concerning themselves with how to finance their education.
Funding from the first year to all through graduation
There is not a timeline cutoff for the award, the Gates scholarship funds awardees from their first year all the way through graduation, providing that they maintain excellent academic status. In addition to funding the college fees, Gate scholarship recipients will have access to a network of support, resources, and mentorship opportunities that will provide support and guidance as they earn their degrees.
To apply for the Gates scholarship, you must be a high school senior in good standing, with a minimum cumulated weighted GPA of 3.3 on a 4.0 scale, have completed your FAFSA, and be eligible to receive Pell Grant. Additionally, you must also be a U.S. citizen, national, or permanent resident of the below ethnic groups:
- African-American
- American Indian/Alaska Native
- Asian & Pacific Islander American
- Hispanic American
Eligibility for Gates Scholarship
The applicant for Gates scholarship must plan to enroll full-time, in a four-year degree program, at an accredited, not-for-profit, private, or public college or university in the United States, with the intention of earning a 4-year bachelor’s degree in any field. Besides these basic requirements, the most competitive applicant for Gates scholarships will fall in the top 10% of their graduating class, and have a proven record of leadership abilities. The applicant should have demonstrated emotional maturity, motivation, and perseverance also.
300 students are given Gates scholarship each year
It is also important to keep in mind the timeline for Gates scholarships. You must begin your application in the spring or summer prior to entering your senior year. Applications become available in July and are due by September. In December, 2000 semi-finalists are invited to complete a phase II application, which is due in January. From these, 600 finalists are invited to have either in-person or video interview in March. The 300 final Gates scholarship recipients are notified in April.
You can get more information on Gates scholarships and other grant opportunities for GovernmentGrants.us, which has the most comprehensive database of various grant opportunities including business grants for veterans, childcare grants, commercial property grants, universities and Stafford loans, and more. You can get access to all these grant opportunities with a monthly membership fee of just $29.95, which will be refunded to you in case your grant application is not approved.
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