The Bill Gates Scholarship funds are designed to help students from low income families go to college. The goal is to help more than 27,000 highly motivated, low income students go to college by 2016. The Bill and Melinda Gates Foundation supports eight scholarship programs. Of these programs, one of the most popular is the Gates Millennium Scholarship. Other scholarship programs supported by the foundation include Mary Gates Scholars, Gates Cambridge Scholarships, and Gates Public Service Law Scholarships among others.
The Gates Millennium Scholarship program is geared toward minority students from low income families. Students pursuing graduate and undergraduate degrees are eligible for this scholarship. While students must meet needs based income guidelines, such as being eligible for the Federal Pell Grant, there are other criteria as well. The selection committee will be looking for those students who have the potential to become leaders as well as those students who have attained academic achievement and who have rendered service to their communities.
There is no set amount for the Gates Millennium Scholarship as it is a needs based scholarship. This means that the amount of the scholarship will depend on the cost of tuition, books, and fees as well as the amount the student is awarded from any other scholarships, grants, or financial aid. The scholarship takes into account living expenses as well so it could literally mean the difference between a student's ability to attend college or not.
Remember, there are eight scholarship programs in all that are supported by the Bill and Melinda Gates Foundation so you will want to look over them closely to see which ones you might qualify for. Follow all directions exactly when applying for scholarships and look closely at the application deadlines. Winning a Bill Gates Scholarship could make a tremendous difference in your future so apply for any of them for which you meet eligibility criteria.
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