Lilly Endowment Scholarship
Lilly Endowment Scholarship - The Lilly Endowment Scholarship is a highly sought-after scholarship program that awards up to $10,000 per year to eligible high school seniors and college students. It is a comprehensive aid program that seeks to support students with financial need, providing them with the necessary resources to pursue their educational goals without taking on additional debt. In 2023, the Lilly Endowment Scholarship will be celebrating its 40th anniversary and is expected to remain a popular aid program among students.
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Eligibility Requirements
To be eligible for the Lilly Endowment Scholarship, applicants must be United States citizens or permanent residents, have a minimum grade point average of 3.0 or higher, and demonstrate financial need. Additionally, applicants must submit the Free Application for Federal Student Aid, or FAFSA, in order to be considered.
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Award Amounts
The maximum award amount for the Lilly Endowment Scholarship is $10,000 per year, with half of the scholarship being awarded during the student’s freshman year and the remaining half awarded during the student’s sophomore year. The scholarship is renewable for up to four years, as long as the student continues to meet the eligibility requirements.
Application Process
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The application for the Lilly Endowment Scholarship typically opens in the spring and is available online. It includes an essay portion in which applicants must explain their academic and career goals and how the scholarship would help them achieve those goals. Additionally, applicants must submit their most recent transcript, two letters of recommendation, and a copy of the FAFSA. The deadline for the 2023 scholarship is April 30.
Selection Criteria
A selection committee reviews all eligible applications and selects finalists based on criteria such as academic performance, extracurricular activities, community involvement, personal essays, and letters of recommendation. Finalists are then invited to an in-person interview where they will be asked to provide additional information about themselves and their goals. The selection committee then makes its final decision and awards the scholarship to the most qualified applicants.
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Additional Resources
For more information on the Lilly Endowment Scholarship, applicants should visit the program’s website. Additionally, students can contact their high school guidance counselors or college financial aid offices for more information on the application process and selection criteria.
Conclusion
The Lilly Endowment Scholarship is a great opportunity for high school seniors and college students who demonstrate financial need and academic excellence. It provides them with the financial resources to pursue their educational goals without taking on additional debt. In 2023, the Lilly Endowment Scholarship will be celebrating its 40th anniversary and is expected to remain a popular aid program among students.
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