Buffett Scholarship Requirements
What is the Buffett Scholarship?
The Buffett Scholarship was established in 2023 by the Buffett Foundation to help high school seniors in the United States that demonstrate exceptional academic performance and a commitment to their community. The scholarship is awarded to up to five students each year, who each receive a one-time award of $50,000 to be used for educational expenses. The scholarship is intended to provide financial assistance to students in order to help them pursue their academic goals.
Criteria for the Buffett Scholarship
In order to be eligible for the Buffett Scholarship, applicants must meet the following criteria:
- Have a minimum cumulative grade point average (GPA) of 3.5 on a 4.0 scale.
- Be a graduating senior in the United States.
- Have demonstrated a commitment to their community through service, leadership, or extracurricular activities.
- Have the financial need for assistance with educational expenses.
- Have an acceptance letter from an accredited college or university.
Application Process for the Buffett Scholarship
In order to apply for the Buffett Scholarship, applicants must fill out an online application form and submit it before the deadline. The application requires the following information:
- Personal information, including name, address, and contact information.
- High school transcript.
- Letter of recommendation from a teacher, counselor, or other school official.
- Essay (maximum 500 words) describing their academic goals and commitment to their community.
Selection Process for the Buffett Scholarship
Once the application period has closed, the Buffett Foundation will review all applications and select the winners based on their academic performance and commitment to their community. The winners will be selected by a panel of judges and announced in mid-May. The scholarship will be awarded to the five most qualified applicants.
Award Amount for the Buffett Scholarship
The Buffett Scholarship is a one-time award of $50,000. The award can be used to cover tuition, fees, books, and other educational expenses. The scholarship is awarded to the five most qualified applicants and is non-renewable.
Deadline for the Buffett Scholarship
The deadline to apply for the Buffett Scholarship is April 15th, 2023. All applications must be received by this date in order to be considered. Late applications will not be accepted.
Notification of the Buffett Scholarship
Applicants will be notified of their status in mid-May. Those selected as finalists will be required to submit additional documents, including tax returns and proof of enrollment in college. All applicants will be notified of their status by email.
Conclusion
The Buffett Scholarship is an excellent opportunity for high school seniors who demonstrate exceptional academic performance and a commitment to their community. The scholarship is intended to provide financial assistance to students in order to help them pursue their academic goals. The application period for the scholarship is open until April 15th, 2023. All applications must be received by this date in order to be considered.
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