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Does College Board Give Scholarships? Yes! Here's How to Win.

Want to win up to $40,000 for college? The College Board's Opportunity Scholarships program offers a unique chance to earn serious cash while preparing for your future. Unlike traditional scholarship contests, this program rewards proactive steps in your college journey. It's less about perfect grades and more about taking action. This guide breaks down how to maximize your chances.

Understanding the Opportunity Scholarships: It's About Action, Not Just Luck

This isn't a random drawing. The College Board rewards students who actively engage in the college application process. The program focuses on helping students prepare for and pursue higher education. The more steps you complete, the more chances you have to win. Think of it as a game with valuable prizes! Is it worth your time? Absolutely. Even if you don't win the top prize, you’ll be better prepared for college.

Six Simple Steps to Win: Your Roadmap to $40,000

Winning involves completing six straightforward steps. Each step increases your entries into monthly drawings for various scholarship amounts:

  1. Create a College Board Account: This free account is your gateway to the program and other helpful college resources. (Think of it as your central hub for all things college!)

  2. Explore Careers and Colleges on BigFuture: BigFuture (a College Board tool) lets you explore colleges and careers. This step helps you understand your options. (It's like a personalized college planning roadmap.)

  3. Take the PSAT/SAT: Taking the test, regardless of score, counts! (It's a vital step in the college application process, even if you feel nervous about it.)

  4. Submit at Least One College Application: Applying to at least one college demonstrates your commitment and boosts your chances. (It shows you're serious about your future!)

  5. Complete Your FAFSA or CSS Profile: Completing your FAFSA (Free Application for Federal Student Aid) or CSS Profile (College Scholarship Services Profile) opens doors to financial aid, even if you don't think you qualify. (This step can unlock unexpected financial aid opportunities!)

  6. Enroll in College: The final step, enrolling demonstrates your dedication. (It's the ultimate goal—and a key part of the scholarship process.)

Completing all six steps increases your chances to win. There are multiple monthly drawings with various prize amounts, including a grand prize of $40,000! Significantly, half the scholarship money is reserved for students from families earning less than $60,000 annually. Don't let the fear of not qualifying stop you!

More Than Just Money: Investing in Your Future

The Opportunity Scholarships program is about more than just the money. By completing the steps, you actively invest in your future by:

  • Researching career options: You gain a clearer understanding of your future career path.
  • Creating a personalized college list: You actively research schools best suited to your goals.
  • Preparing for college: The process helps you mentally and emotionally prepare for the college experience.
  • Learning about financial aid: You gain valuable knowledge about accessing financial aid, even if you don't believe you're eligible initially.

Weighing the Pros and Cons: A Realistic Look

While the program offers exciting opportunities, it's crucial to acknowledge both advantages and potential drawbacks:

Pros:

  • Simple application; no essays required.
  • Encourages proactive college planning.
  • Prioritizes lower-income students.

Cons:

  • Completing all steps is required for eligibility.
  • Limited long-term data; its overall impact needs further evaluation.
  • Some students might find the steps somewhat tedious.

The program's relative newness means long-term data is limited. However, the potential benefits for participating students are substantial.

The Bottom Line: Seize This Opportunity!

The College Board Opportunity Scholarships program presents a fantastic chance to win significant funds for college. By following these six simple steps, you significantly increase your chances of winning and, equally important, improve your college preparedness regardless of the outcome. Start your journey today!

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Last updated: Sunday, April 27, 2025