Unlocking Higher Education: A Comprehensive Guide to the Sachs Foundation Undergraduate Scholarship
The Sachs Foundation Undergraduate Scholarship offers significant financial assistance to Black high school seniors in Colorado who are striving to achieve their academic goals. This article delves into the details of the scholarship, outlining the eligibility requirements, application process, and the broader impact of the Sachs Foundation's initiatives. Each year, the Sachs Foundation offers $1.5 million in scholarship awards ranging from $10,000 and $12,500 per year of full-time undergraduate study at any accredited higher education institution. This adds up to between $40,000 and $50,000 per four years of study.
Eligibility Criteria for the Sachs Foundation Undergraduate Scholarship
To be eligible for the Sachs Foundation Undergraduate Scholarship, applicants must meet specific criteria:
- A Black high school student in their senior year: The scholarship is specifically designed for Black students who are in their final year of high school.
- A full-time Colorado resident for a minimum of three years: Applicants must have been full-time residents of Colorado for at least three years. The foundation may consider residence due to military orders on a case-by-case basis.
All students who fit the criteria below are encouraged to apply.
Application Process: A Step-by-Step Guide
The Sachs Foundation Undergraduate Scholarship application is available to Colorado High School seniors planning to pursue their undergraduate degree. The application process involves several key steps:
Online Application: The application is available online from January 1st through March 15th of each year. To begin your application, click the apply button. Completed applications, with all materials, must be received by the Sachs Foundation by March 15th of the year you are applying. Applications submitted past the deadline will not be considered.
Read also: Education and Career of Jeffrey Sachs
Personal Statements: Applicants must submit two personal statements, each between 300 and 500 words. These statements provide an opportunity for students to share their stories, aspirations, and qualifications. For help writing the essay component of this scholarship application, check out our guides How to Write a Winning Scholarship Essay and How to Start a Scholarship Essay (With Examples).
Letters of Recommendation: Two letters of recommendation from individuals unrelated to the applicant are required. Recommendations will be sent out upon completion of your application and must be received by March 31st of the year you are applying. Letters of Recommendation must be received by March 31st.
Financial Information: Applicants must submit their Student Aid Report (SAR) from FAFSA and information from their household’s latest tax return.
Additional Materials (Optional): An additional educational, artistic, or professional file personal to the applicant is also optional.
Ensure all application materials are submitted by March 15.
Read also: Goldman Sachs Legal Opportunities
Scholarship Award Details
Sachs Foundation Undergraduate Scholarship grants are typically awarded in amounts of $10,000 to $12,500 per year (disbursed evenly each term) and are renewable for up to four years, resulting in a total potential award of up to $40,000 to $50,000. Each year, the Sachs Foundation offers $1.5 million in scholarship awards ranging from $10,000 and $12,500 per year of full-time undergraduate study at any accredited higher education institution. This adds up to between $40,000 and $50,000 per four years of study. The award can be applied toward any accredited institution where the student is enrolled full-time.
Key Dates and Deadlines
All deadlines and dates are US Central Time Zone (Dallas, Texas time zone) of the calendar year 2026.
- Application Open: January 1st
- Application Deadline: March 15th
- Recommendation Letter Deadline: March 31st
- Finalist Notification: Late April
- Finalist Program in Colorado Springs: June
Finalists will be notified in late April and must attend a program in Colorado Springs in June for final award approval. Students who are identified as finalists for a scholarship will be notified in late April. Finalists will be required to attend a program in Colorado Springs in June.
Additional Programs and Initiatives by the Sachs Foundation
Beyond the Undergraduate Scholarship, the Sachs Foundation engages in several other initiatives to support Black students and promote educational equity:
Mentorship: The Elevated Program
The Elevated Program seeks to empower Black youth and their families by providing mentorships, equitable opportunities and collegiate access for 8th-12th graders to succeed in higher education and beyond.
Read also: Launching Your Finance Career
Teacher Development
Our partnerships with Teach For America and Colorado College help us address the issue of representation in Colorado Schools. This initiative of the Sachs Foundation aims to increase the number of African American teachers serving in Colorado, specifically in schools with large Black student populations.
Resources for Applicants
For those seeking additional guidance, several resources are available:
- Scholarships360 Account: Create your Scholarships360 account to confirm your eligibility for the Sachs Foundation Undergraduate Scholarship.
- Essay Writing Guides: For help writing the essay component of this scholarship application, check out our guides How to Write a Winning Scholarship Essay and How to Start a Scholarship Essay (With Examples).
tags: #sachs #foundation #scholarship #requirements
