Student of Color Scholarships are specifically designed to ensure the progress of people of color – a term that refers to Native Americans, Blacks, Latinos, Pacific Islanders and Asians - into the mainstream of higher education. Through these scholarship programs, a huge student population of Asians Americans, African Americans, and American Indians are able to attend some of the finest colleges in the nation.
Several institutes strive to provide need based or merit based scholarships to students that are expected to make valuable contributions by serving the government, medical industry, arts and law. In the recent years, Student of Color Scholarships programs such as the ”Black College Dollars program” by Sallie Mae has enabled worthy students to obtain scholarships on the basis of career interest and academic performance. Another program, Ron Brown Scholar Program, provides $40,000 to the eligible students to pay for the college of their choice. Career specific student of color scholarships are provided under programs such as Tylenol scholarships, the Gates Millennium Scholars Program, Hispanic College Funds, and UNCF•MERCK Science Research Scholarships and Fellowships.
The eligibility criterion for each scholarship program varies considerably, however, most programs require students to be enrolled in at least half-time degree program. For need based scholarships, the applicants are required to demonstrate a financial need, while merit based scholarships can be attained by maintaining a fine academic performance.
Student of Color Scholarships help minority students cover all college costs ranging from basic tuition fee to campus accommodation. Unlike loans, the amount awarded through scholarships does not have to be repaid and students can concentrate on achieving their academic goals without any stress.
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