Full-Tuition Scholarships
Key takeaways:
- Vanderbilt University awards around 250 full-tuition scholarships each year. If you are accepted to Princeton University, most families with an income of under $100,000 per year qualify for full financial aid, which covers tuition, housing, food, books, and personal expenses.
- Full-tuition scholarships are offered by a wide range of institutions, including public and private universities, private organizations, and government programs.
With student loans being a very undesirable alternative, more and more students want to avoid taking out tens of thousands of dollars in debt. Among the more appealing ways to avoid student loans is by receiving a full-tuition scholarship. However, as you might suspect, full-tuition scholarships may be somewhat easy to find, but they are hard to win.
Continue reading the article below the scholarship list.
25 Full-Tuition Scholarships with Approaching Deadlines
What are full-tuition scholarships?
A full-tuition scholarship is a scholarship that covers either your entire cost of attendance or just the tuition cost. Many full-tuition scholarships have a combination of both financial and academic requirements. Some full-tuition scholarships are also known as last-dollar scholarships, which means they pay for any amount not covered by other types of financial aid.
For example, to qualify for the Gates Scholarship, you must be eligible for the Pell Grant, which means you have demonstrated financial need. You must also be part of a minority group, have a minimum 3.3 GPA and plan to attend college full-time at a four-year school.
Many full-tuition scholarships are institutional and require demonstrated financial need. If you are accepted to Princeton University, most families with an income of up to $100,000 per year qualify for full financial aid, which covers tuition, housing, food, books, and personal expenses. Families with a household income of up to $120,000 will qualify for full-tuition. Vanderbilt University awards around 250 full-tuition scholarships each year.
Some full-tuition scholarships may still require that students pay for room and board, as well as books and other incidental expenses. Full-tuition scholarships may renew every year, for a certain number of years, while others may only be given on a one-time basis. If a full-tuition scholarship is renewable, you usually have to maintain a certain GPA to stay eligible.
For example, Ohio State’s Stamps Eminence Scholarship Program is a full-tuition scholarship program available for eight semesters or four years. Students must have a strong record of academic success. Those from Akron St. Vincent-St. Mary High School will receive preferential treatment.
Full-tuition scholarships often have higher GPA requirements than other scholarships. In general, scholarships have a minimum GPA of 3.0, but full-tuition scholarships are often more selective.
For example, the Jack Kent Cooke Foundation College Scholarship Program has a minimum GPA requirement of 3.75. However, the average GPA among winners is 3.97, almost perfect.
GPA isn’t the only common requirement. Many also require recommendation letters from one or more adults, as well as a history of extracurricular activities or community service. Some full-tuition scholarships may only be open to current high school seniors, while others may be available to students who are currently in college.
Where to find full-tuition scholarships
Full-tuition scholarships may be offered by third-party organizations or through a school directly. For example, Penn State’s Millennium Scholars Program provides a full-tuition scholarship for both in-state and out-of-state students. Only students studying STEM will be eligible for this award.
When you apply to college, you may be in the running for any full-tuition scholarships the school offers. However, some schools require you to submit an extra form or application to be considered for more potential scholarships. Contact the school’s financial aid department to see if you need to fill out additional forms.
Also, some states provide full-tuition grants or scholarships if you’re a local student planning to remain in-state. For example, the Excelsior Scholarship lets students from the state of New York attend a State of New York (SUNY) or City of New York (CUNY) school for free. The student’s household income must be less than $125,000.
Visit your state’s Department or Bureau of Education to see what grants and scholarships are available for local students.
How to apply for full-tuition scholarships
The first step to applying for any scholarship, including a full-tuition scholarship, is to fill out the Free Application for Federal Student Aid (FAFSA). The FAFSA is the only form that gives you access to all types of federal financial aid, including grants and work-study.
However, many schools also require the FAFSA to be eligible for their own internal awards, including potential full-ride scholarships. Even third-party scholarships may require that students complete the FAFSA.
Even if you don’t win a full-tuition scholarship, filling out the FAFSA will make you eligible for other grants and scholarships. And you can rely on federal student loans for the rest. Just remember, you should submit the FAFSA as soon as possible.
You should always apply as soon as possible, instead of waiting until the deadline. It's only natural to procrastinate, but if you start sooner, you will allow yourself more time to submit a better application. That, and some scholarships have a maximum number of applications they will accept.
For example, organizers of the Cameron Impact Scholarship say they only have the bandwidth to read the first 3,000 applications. If you submit your application past that point, you won’t be eligible, even if you submit your application prior to the deadline date. This scholarship is only given to 10 to 15 students each year.
Full tuition scholarship FAQs
A full tuition scholarship is like a Powerball ticket with the right numbers - everyone wants it. And when everyone wants to win a scholarship, the odds of winning it are lower.
Instead of only focusing on full-tuition scholarships, you should keep applying for smaller awards. Less lucrative scholarships have fewer applicants and may be easier to win, especially if you’re a good candidate and are looking for niche awards.
In some cases, you can rack up enough individual scholarships to cover the entire cost of your tuition. And many small scholarships can renew for multiple years, while some full-tuition awards are only given on a single-year basis.
Each scholarship is different. Some full tuition scholarships are available to students attending any school, as long as they’re full-time students.
However, some scholarships may be limited as to where you can go. For example, the Questbridge National College Match Scholarship is only given to students who are attending one of the 50-plus partner schools, including Yale University, Vassar College and the University of Notre Dame. If you want to attend a school not affiliated with Questbridge, you won’t be eligible for this award.
Questbridge is a four-year scholarship that covers tuition, room and board, transportation and textbooks. The scholarship is worth up to $325,000 for four years.