New Opportunity Scholarships Program

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College Board is launching its Opportunity Scholarships program to award $25 million a year in scholarships. Each year 4,000 students in 11th and 12th grades will qualify for college scholarships ranging from $500 up to $2000, by taking any of six important steps that help students stay on track for college applications. At least half of the scholarships will go to families with annual incomes under $60,000.

The six steps are:

  1. Building a college list at BigFuture.collegeboard.com
  2. Practicing for the SAT on Khan Academy
  3. Improving their SAT score by at least 100 points
  4. Strengthening their college list
  5. Completing the FAFSA
  6. Applying to colleges on their list

Students who complete all six of these steps will be entered into a final drawing, where 25 winners will each receive a $40,000 scholarship.

For more information, go to theĀ College Board website.