Watch CBSN Live

10 Most Prestigious Scholarships In America

While there are billions of dollars available through college scholarships, only a select few offer prestige Balloons on strings in cityalong with the college bucks.

Mark Kantrowitz, the publisher of FastWeb and the author of a new book, Secrets To Winning a Scholarship, has compiled a list of the most prestigious scholarships in the country. Here are the top 10:

Top 10 Prestigious College Scholarships

1. Marshall Scholarships.
Up to 40 Americans are annually selected to study for two years in any graduate program in the United Kingdom. A minimum 3.75 GPA is required.

2. Rhodes Scholarships.
Every year 32 Americans are chosen to study at the University of Oxford. All educational expenses are covered for the two-year program. The award may be renewed for a third year.

3. Winston Churchill Scholarship.
American recipients can study mathematics, science and engineering at Churchill College, Cambridge University. Applicants must be nominated by their undergraduate schools.

4. Harry S. Truman Scholarship.
College juniors, who want to go into public service, are eligible for this scholarship. Students who win this scholarship have extensive record of campus and community service.

5. Henry Luce Foundation Scholarship
This scholarship provides stipends and internships for 15- to 18-year-old Americans who want to live and work in Asia. Candidates must be nominated by one of 75 colleges and universities.

6. Morris K. Udall Foundation Undergraduate Scholarships
The foundation awards 80 scholarships of up to $5,000 to college juniors and seniors who are studying in fields related to the environment, tribal public policy or Native American health care.

7. Robert C. Byrd Honors Scholarship Program
This federal government program awards 7,400 scholarships a year that are worth $1,500.

8. Barry M. Goldwater Scholarship
Up to 300 scholarships are awarded each year to students who wish to pursue careers in math, science, engineering or medical research.

9. Elie Wiesel Prize in Ethics Essay Contest
This essay contest is open to college juniors and seniors and the first prize is $5,000.
10. National Merit Scholarship.

Students qualify for this scholarship by earning high scores on the PSAT test. The top 16,000 students are named semifinalists and most of them will become finalists. Of the finalists, 8,400 will receive a National Merit Scholarship.

The National Merit Scholarships are controversial. Here is a post that I wrote about them last year:

National Merit Scholarship Bullies
Lynn O'Shaughnessy is the author of The College Solution and she also writes for TheCollegeSolutionBlog.
Prestigious scholarship image by AniBee. CC 2.0.

View CBS News In
CBS News App Open
Chrome Safari Continue