Funding a college education is always a challenge for students and their families, but in these tough economic times, it’s even more daunting than in the past.
It is estimated that by the year 2025, Hispanics will comprise almost 19 percent of the U.S. population. This makes them the fastest-growing group in the U.S. population. But fewer than 10 percent of Latinos now earn an associate degree, and only 6.4 percent earn a bachelor’s degree. Many more need to earn degrees for the U.S. to compete successfully and for them to enjoy that success.
The good news is that Hispanic students have many financial resources to help them meet this challenge. They just have to know where to look. Whether Hispanics are looking to enter college or complete an advanced degree, there are both profit-making and nonprofit organizations with healthy corporate sponsors who can help ease the burden.
Here are some major scholarship programs Hispanic students should target for college scholarship aid:
Hispanic Scholarship Fund
Hispanic Scholarship Fund 55 Second St, Suite 1500 San Francisco, CA 94105
The Hispanic Scholarship Fund (HSF) was founded in 1975 as a not-for-profit organization
and provides more college scholarships and educational outreach support to Latino communities than any other organization in the U.S. During AY 2007-08, HSF awarded more than 4,000 scholarships exceeding $26.7 million. In its 35-year history, HSF has awarded more than 90,000 scholarships worth more than $250 million to Hispanics attending nearly 2,000 colleges and universities in all 50 states, Puerto Rico, Guam and the U.S. Virgin Islands. HSF notes with pride that 88 cents out of every dollar collected directly benefit students through scholarships and educational outreach programs.
HSF scholarships are available for graduating high school seniors and students at all levels of college. All majors are eligible for awards. Special scholarship opportunities are available to community college students planning to transfer to a four-year school. More than 4,000 awards are granted each year ranging from $1,000 to $10,000. Visit www.hsf.net for more information and to apply. HSF also offers the Gates Millennium Scholars program (GMS), open to students enrolling for the first time at a college or university as full-time degree-seeking freshmen. These applicants must have a GPA of at least 3.3 on a 4.0 unweighted scale, demonstrate leadership skills and financial need and be Pell Grant eligible. One thousand Gates Scholars are selected each year. Visit www.GMSP.org for more information and to apply.
League of United Latin American Citizens
LULAC National Educational Service Centers Inc. National Headquarters 2000 L Street, NW; Suite 610 Washington, DC 20036
The League of United Latin American Citizens (LULAC) is the nation’s oldest and largest directmembership Hispanic advocacy organization. Established in 1929, LULAC has a history of commitment to the education of Hispanics and other minorities. LULAC’s initial efforts in education were to sponsor English-language and citizenship classes in Hispanic communities and to raise money for college scholarships. In the ’70s, LULAC established LNESC (Latino National Educational Service Center) as a separately incorporated entity with its own governing board and independent control of its programs. Established in 1975 through the collaborative efforts of LNESC, LULAC Councils and corporate partners, the LNSF (Latino National Scholarship Fund) was created to recognize and reward the academic achievements of Hispanic students by providing direct financial support to students pursuing a postsecondary degree. Over the past 30 years, the LNSF has awarded $14 million in scholarships to well over 25,000 students. Run completely at the local, grass-roots level, the LNSF is coordinated nationally by LNESC. It brings together local fundraising efforts with corporate partners to provide more than $750,000 in scholarships to all levels of degree-seeking students each year.
LULAC awards three types of scholarships. National Scholastic Achievement Awards in the
amount of $2,000 are given to entering freshmen who have at least a 3.5 GPA on a 4.0 scale and score a 29 or higher on the ACT test or at least 1350 on the SAT test. Its Honors Awards are given in the amount of $500 to $2,000 to entering freshman students who have at least a 3.5 GPA on a 4.0 scale. They also must score 23 or higher on the ACT test or 1100 or higher on the SAT test. The General Awards, given in the amount of $250 to $1,000, are for students who might not meet the benchmarks of academic achievement outlined in other scholarships, but demonstrate need, community involvement, leadership activities, integrity, motivation and sincerity. LULAC receives funds from General Electric for a separate award called the General Electric Scholarship. This award of two $5,000 scholarships is given to sophomores, juniors or seniors in college who are minorities and major in business or engineering. For more information about any of these scholarship programs, visit www.lnesc.org.
Hispanic College Fund
Hispanic College Fund 1301 K Street, NW Suite 450-A West Washington, DC 20005
Founded in 1993, the Hispanic College Fund (HCF) is a nonprofit organization based in Washington, D.C., with a mission to develop the next generation of Hispanic professionals.
For 17 years, the fund has provided educational, scholarship and mentoring programs to students throughout the U.S. and Puerto Rico. HCF annually awards millions of dollars, impacting thousands of students through high school to college to career. HCF has been recognized by USA Today as one of the nation’s top 25 charities and has twice received Charity Navigator’s top four-star rating for fiscal responsibility. In 2010, the College Board recognized HCF for program innovation. In 2009, HCF awarded approximately $3 million to 592 students nationwide. More than 80 percent of the scholarships awarded were for students studying business, science, technology, engineering and math. HCF boasts that $85 of every $100 goes directly to students.
HCF awards scholarships in various amounts to students who have a 3.0 GPA based on a 4.0 scale, can demonstrate financial need and are current undergraduate or high school seniors enrolling in a college or university in the U.S. or Puerto Rico. Among the programs featured on its website are: the Marriott Scholars Program, for up to $9,000. Eligible majors include Culinary, Food & Beverage, Hospitality Management, Hotel Management, and Restaurant Management; Ford Blue Oval Scholarship, up to $5,000, with preference given to STEM and Business majors; Verizon Scholars Program, up to $5,000 offered to Business Administration,
Finance, Accounting, Computer Science, Computer Engineering or Information Technology majors; and Google Scholarship, up to $10,000 for Computer Science or Computer Engineering majors. For more information, visit www.hispanicfund.org.
Hispanic Association of Colleges and Universities
HACU National Headquarters 8415 Datapoint Drive, Suite 400 San Antonio, TX 78229
The Hispanic Association of Colleges and Universities (HACU) was established in 1986
with a membership of 18 institutions. Today it represents nearly 450 colleges and universities
pursuing Hispanic higher education success in the U.S., Puerto Rico, Latin America, Spain and
Portugal. Although its member institutions in the U.S. represent less than 10 percent of all higher education institutions nationwide, together they are home to more than two-thirds of all Hispanic college students. HACU is the only national education association that represents Hispanic- Serving Institutions (HSIs). In 1992, HACU led the effort to convince Congress to formally recognize campuses with high Hispanic enrollment as federally designated HSIs and to begin targeting federal appropriations to those campuses. For more information about HACU scholarships, visit www.hacu.net.
HACU awards various scholarships, some in partnership with major corporations. Each has its own criteria, but here are the requirements all have in common: 1) Demonstrate financial need and be eligible for Federal Financial Aid (student must be a U.S. citizen or permanent resident); 2) Meet specific criteria for the scholarships to which they are applying; 3) Attend a HACU-member college or university in the U.S. or Puerto Rico at the time applications are completed and scholarship awards are made.
• Aetna Nursing Scholarship – This scholarship offers $2,500 to full-time or part-time undergraduate students attending two- or fouryear HACU- ember institutions. Students must possess a minimum GPA of 3.0 and must be pursuing a degree in nursing. Students awarded this scholarship are required to attend HACU’s Annual Conference Student Track to be recognized as Aetna Scholars.
• Deloitte Scholars Program – Full-time undergraduate students attending four-year HACU-member institutions with a declared major in accounting are eligible for $2,200. Students must possess a minimum cumulative GPA of 3.5 and must be classified as a sophomore or junior.
• Lockheed Martin Scholarship Award – Fulltime undergraduate students at four-year HACUmember institutions with declared majors in electrical engineering, computer science or
computer engineering are eligible for $2,750. Students must be interested in Lockheed Martin employment opportunities and possess a minimum cumulative GPA of 3.0.
• NASCAR/Wendell Scott Award – Full-time undergraduate or graduate students attending
four-year HACU-member institutions with a declared major in engineering, business, public
relations, mass media, sports marketing, marketing, management, or technology are eligible
for $12,100. Students must possess a minimum GPA of 3.0., and preference is given to students attending school in Florida, Georgia or North Carolina.
• Office Depot Scholarship – Full-time or parttime undergraduate students attending four-year
HACU-member institutions with a minimum GPA of 3.0 with majors in business, international
business, marketing, merchandising or information technology are eligible for $1,120.
• United Health Foundation HACU Scholarship – Full-time undergraduate or graduate students
attending two- or four-year HACU-member institutions with a declared major in clinical psychology, dental technician, nursing, (pre) optometry, (pre) dental, (pre) medicine, (pre) pharmacy, physician assistant, public health, mental health, behavioral health are eligible for $2,000. Students must possess a minimum GPA of 3.0. Recipients are required to submit a professional résumé and participate in a pre- and post-scholarship survey.
• HACU/Wal-Mart Achievers Scholarship – Full-time undergraduate students attending twoor
four-year HACU-member institutions (mainland U.S. only: excludes Puerto Rico members)
with a minimum GPA of 3.0 majoring in business administration, general management, retail management, food merchandising, or related majors are eligible for $1,000. Students must possess an interest in retail and preferably be working while attending school.
¡Adelante! Fund Scholarships
¡Adelante! U.S. Education Leadership Fund 8415 Datapoint Drive, Ste 400 San Antonio, TX 78229 In 1993, Miller Brewing Company and the Hispanic Association of Colleges and Universities established the ¡Adelante! U.S. Education Leadership Fund. The ¡Adelante! Fund is
designed to address the educational needs of the growing Hispanic population. Program areas focus on Leadership & Career Development and Scholarships. The ¡Adelante! Fund is a national nonprofit based in San Antonio, Texas. Since its designation as a 501(c)3 in 1997, ¡Adelante! Fund has awarded more than $1 million in scholarships to undergraduate students across the nation. For more information, visit www.adelantefund. org.
Applicants for the MillerCoors National award must be eligible for college junior or senior status and pursuing a degree in international business, general business, economics, finance, accounting, marketing, public relations, general communications, or sales with a minimum GPA of 3.0 (on a 4.0 scale) to qualify for a $3,000 scholarship. Another MillerCoors award in engineering and sciences rewards college junior or senior status and pursuing a degree in electrical engineering, mechanical engineering, computer science or bio-chemistry and maintaining a minimum GPA of 3.0 (on a 4.0 scale) with a $3,000 scholarship. Finally, the
MillerCoors Chicago scholarship awards $1,500 to incoming freshmen or current undergraduate college students from an accredited community college or university in the Chicago Metropolitan area. All majors are eligible, and applicants must have and maintain a GPA of 3.0 or above (on a 4.0 scale) and be a full-time student.
The UPS Scholarship is a $2,500 award open to any incoming or current undergraduate student at a four-year nonprofit university in San Antonio, Texas. All majors are eligible, and applicants must have and maintain a GPA of 3.0 or above (on a 4.0 scale) and be a full-time student. Other San Antonio scholarship programs include the Hope Scholarship, a $3,000 award open to any incoming or current undergraduate student at an accredited college and university in San Antonio, recognized by the U.S. Department of Education. All majors are eligible, and applicants must have and maintain a GPA of 2.5 or above (on a 4.0 scale) and be a full-time student. While no income requirement is required, community service involvement is required for this award. The same can be said for the Hope Scholarships for CPS Energy Dependents only. CPS Energy is the nation’s largest municipally owned energy utility providing both natural gas and electric service. This $3,000 scholarship is open to any incoming freshman or undergraduate college student – must be a CPS Energy Department – attending an accredited college or university in San Antonio, recognized by the U.S. Department of Education pursuing a degree in any concentration. Although no income requirement is set forth, community service involvement is required. Applicants must have a 2.5 GPA or
above based on a 4.0 scale.