7 Full-Ride Scholarships That Cover Tuition and More

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We’ve all heard the scary statistics about student loan debt. Altogether, Americans owe almost $1.48 trillion in student loans. In the Class of 2017, the average graduate owes $39,400.

These high stats aren’t surprising, what with the cost of a private college averaging $32,410 per year. But what if you could reduce that number to $0 with a full-tuition scholarship?

While competitive, there are full-tuition scholarships that cover the cost of attendance at your college of choice. Read on for seven full-tuition scholarships, plus some tips on how to win one.

7 full-tuition scholarships that could save you thousands

1. Gates Millennium Scholars program

The Gates Millennium Scholars program covers unmet financial need for African American, American Indian, Alaska Native, Asian Pacific Islander American, and Hispanic American students. You need to have a GPA of at least 3.3, along with a commitment to service and leadership.

To win the Gates Millennium Scholarship, your school needs to nominate you. You also need to answer several essay questions. If you think you could qualify, speak to a teacher, counselor, or your principal about next steps.

2. Intel Science Search

The Intel Science Search is a national contest for aspiring scientists and mathematicians. Before winning scholarship money, you must participate in a long-term research project.

Projects could be in computer science, environmental science, engineering, or biochemistry, among other fields. The Intel Foundation awards one winner with $75,000 and other finalists with scholarships of varying amounts.

3. Jack Kent Cooke Foundation College Scholarship

This merit-based scholarship goes to high-achieving students with financial need.

The selection process is similar to the college admissions process. The scholarship committee looks at your grades, test scores, extracurriculars, essays, and recommendation letters. Winners get up to $40,000 each year for tuition, books, room, board, and other fees.

4. Microsoft scholarships

Microsoft awards a variety of scholarships, some of which cover the full cost of tuition. To qualify, you must plan to study computer science, science, technology, engineering, or math. Winners have a strong academic and extracurricular background, along with demonstrated financial need.

5. SMART: Science, Mathematics, and Research for Transformation

This scholarship goes to aspiring STEM students who are interested in a career in national defense. Winners are expected to do a summer internship and work for a period as a Department of Defense civilian.

The scholarship comes in the form of a cash stipend of $25,000 to $38,000 per year, depending on what degree you’re pursuing, and includes health insurance.

6. USDA 1890 National Scholars Program

The United States Department of Scholarship offers this full-tuition scholarship to students planning to attend one of the 1890 historically black land-grant universities, like Alabama A&M University or Tennessee State University.

Winners have a record of leadership, plus they plan to study food, agriculture, natural resource science, or a related discipline. USDA scholars get summer jobs and potential employment with the USDA after graduation.

7. Dr. Pepper Tuition Giveaway

The requirements for a $100,000 Dr. Pepper scholarship are unique. First, you need to post your goal to change the world on Facebook. If you get 50 likes, then you make a short video. A committee reviews all the videos, and winners receive prizes anywhere from $2,500 to $100,000 for tuition.

How to get a full-tuition scholarship

The scholarships on this list are rare finds. They come from private organizations, and you can use most of them at any university.

So, how can you get a full-tuition scholarship from one of these private organizations? Most are merit-based and require a strong academic and extracurricular background.

If you’re applying, you need to start early to put together the strongest application you can. Produce thoughtful essays, and connect with your recommenders to get outstanding references.

These national, full-tuition scholarships are extremely competitive. You can’t rely on them as your financial plan, but they’re definitely worth a shot. At the same time, you should also apply to smaller scholarships to help with tuition costs.

By planning for college costs, you can avoid taking on too much student loan debt. For more on scholarships, learn about popular scholarship myths that could be holding you back.

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1 Important Disclosures for College Ave.

CollegeAve Disclosures

College Ave Student Loans products are made available through either Firstrust Bank, member FDIC or M.Y. Safra Bank, FSB, member FDIC. All loans are subject to individual approval and adherence to underwriting guidelines. Program restrictions, other terms, and conditions apply.

(1)All rates shown include the auto-pay discount.  The 0.25% auto-pay interest rate reduction applies as long as a valid bank account is designated for required monthly payments. Variable rates may increase after consummation.

(2)This informational repayment example uses typical loan terms for a freshman borrower who selects the Deferred Repayment Option with a 10-year repayment term, has a $10,000 loan that is disbursed in one disbursement and a 8.35% fixed Annual Percentage Rate (“APR”): 120 monthly payments of $179.18 while in the repayment period, for a total amount of payments of $21,501.54. Loans will never have a full principal and interest monthly payment of less than $50. Your actual rates and repayment terms may vary.

(3)As certified by your school and less any other financial aid you might receive. Minimum $1,000.

Information advertised valid as of 11/4/2019. Variable interest rates may increase after consummation.


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3 Important Disclosures for Discover.

Discover Disclosures

  1. Students who get at least a 3.0 GPA (or equivalent) qualify for a one-time cash reward on each new Discover undergraduate and graduate student loan. Reward redemption period is limited. Please visit DiscoverStudentLoans.com/Reward for any applicable reward terms and conditions.
  2. View Auto Reward Debit Reward Terms and Conditions at DiscoverStudentLoans.com/AutoDebitReward.
  3. Aggregate loan limits apply.
  4. Lowest rates shown are for the undergraduate loan and include an interest-only repayment discount and a 0.25% interest rate reduction while enrolled in automatic payments. The interest rate ranges represent the lowest interest rate offered on the Discover Undergraduate Loan and highest interest rates offered on Discover student loans, including Undergraduate, Graduate, Health Professions, Law and MBA Loans. The fixed interest rate is set at the time of application and does not change during the life of the loan. The variable interest rate is calculated based on the 3-Month LIBOR index plus the applicable Margin percentage. The margin is based on your credit evaluation at the time of application and does not change. For variable interest rate loans, the 3-Month LIBOR is 2.250% as of October 1, 2019. Discover Student Loans will adjust the rate quarterly on each January 1, April 1, July 1 and October 1 (the “interest rate change date”), based on the 3-Month LIBOR Index, published in the Money Rates section of the Wall Street Journal 15 days prior to the interest rate change date, rounded up to the nearest one-eighth of one percent (0.125% or 0.00125). This may cause the monthly payments to increase, the number of payments to increase or both. Please visit discover.com/student-loans/interest-rates for more information about interest rates.
Discover's lowest rates shown are for the undergraduate loan and include an interest-only repayment discount and a 0.25% interest rate reduction while enrolled in automatic payments.

4 Important Disclosures for CommonBond.

CommonBond Disclosures

Offered terms are subject to change and state law restrictions. Loans are offered through CommonBond Lending, LLC (NMLS #1175900).

  1.  Rates are as of July 1, 2019 and include auto-pay discount. All loans are eligible for a 0.25% reduction in interest rate by agreeing to automatic payment withdrawals once in repayment. Variable rates may increase after consummation.

5 Important Disclosures for Citizens.

Citizens Disclosures

Undergraduate Rate Disclosure: Variable rate, based on the one-month London Interbank Offered Rate (“LIBOR”) published in The Wall Street Journal on the twenty-fifth day, or the next business day, of the preceding calendar month. As of December 1, 2019, the one-month LIBOR rate is 1.70%. Variable interest rates range from 2.80% – 11.06% (2.80% – 10.91% APR) and will fluctuate over the term of the loan with changes in the LIBOR rate, and will vary based on applicable terms, level of degree earned and presence of a co-signer. Fixed interest rates range from 4.72% – 12.19% (4.72% – 12.04% APR) based on applicable terms, level of degree earned and presence of a co-signer. Lowest rates shown requires application with a co-signer, are for eligible applicants, require a 5-year repayment term, borrower making scheduled payments while in school and include our Loyalty and Automatic Payment discounts of 0.25 percentage points each, as outlined in the Loyalty Discount and Automatic Payment Discount disclosures. Subject to additional terms and conditions, and rates are subject to change at any time without notice. Such changes will only apply to applications taken after the effective date of change. Please note: Due to federal regulations, Citizens Bank is required to provide every potential borrower with disclosure information before they apply for a private student loan. The borrower will be presented with an Application Disclosure and an Approval Disclosure within the application process before they accept the terms and conditions of the loan.

Please Note: International Students are not eligible for the multi-year approval feature.

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Our team at Student Loan Hero works hard to find and recommend products and services that we believe are of high quality. We sometimes earn a sales commission or advertising fee when recommending various products and services to you. Similar to when you are being sold any product or service, be sure to read the fine print to help you understand what you are buying. Be sure to consult with a licensed professional if you have any concerns. Student Loan Hero is not a lender or investment advisor. We are not involved in the loan approval or investment process, nor do we make credit or investment related decisions. The rates and terms listed on our website are estimates and are subject to change at any time.

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