College Board Launches Scholarship Program

College Board Launches Scholarship Program

The College Board – the folks that administer the PSAT, SAT, and CSS Profile (among others) is launching a new scholarship program set to roll out in December. Beginning with the Class of 2020, the College Board will award $5 million per year in scholarships.

The company lays out six steps in the college application process, and assigns a dollar amount to each:

Build a college list – $500
Practice for the SAT at Khan Academy – $1,000
Improve your SAT score – $2,000
Strengthen your college list – $500
Complete the FAFSA – $1,000
Apply to colleges – $1,000
Complete all six steps – $40,000

The College Board indicates that the scholarships will be awarded via monthly drawings. To sign up for a notification when the program launches, visit


Leave A Comment