Merit-Based Scholarships for High-Achieving Students

Applying to university is no small feat. Between preparing for admissions exams, participating in extracurricular activities, internships, and writing compelling essays, it’s easy to feel overwhelmed. And as college costs continue to rise, the pressure only intensifies. With competition for spots at top schools growing, students face not just academic challenges but financial ones, too.

If you’re a high-achieving student, you’ve got an advantage in this race—merit-based scholarships. These scholarships aren’t based on financial need; they reward you for your academic achievements, leadership roles, or extracurricular excellence. Whether you’ve maintained a strong GPA, scored high on standardized tests, or stood out in your community, merit-based scholarships can open the door to prestigious universities and help ease the burden of rising tuition costs. These scholarships, offered by colleges, corporations, and private organizations, recognize outstanding students in academics, athletics, and other specialized areas. 

Today, we want to share some of the best merit-based scholarships. These awards can help you make affording college much more accessible and hopefully remove one more burden off your shoulders. Ready to get started? Let’s dive in.

What Are Merit-Based Scholarships?

Merit-based scholarships are financial awards given to students based on academic, athletic, artistic, or leadership achievements rather than financial need. These scholarships reward students who have demonstrated excellence in specific areas, whether maintaining a high GPA, scoring well on standardized tests, excelling in sports, or contributing to their communities through leadership roles and volunteer work. The goal is to recognize and support students who have worked hard to stand out.

Unlike need-based scholarships, which consider a student’s financial background, merit-based scholarships focus purely on performance and accomplishments. Colleges, universities, private organizations, and corporations offer these scholarships to attract top talent. In some cases, they also help institutions or organizations align with students who show potential in science, technology, engineering, or the arts. Merit-based scholarships can cover a wide range of costs, from partial tuition to full-ride scholarships that cover everything from books to housing.

For high-achieving students, applying for merit-based scholarships is an excellent way to offset the rising costs of higher education while being rewarded for hard work and dedication. Below is a list of 50 top merit-based scholarships you can apply for today. Each offers unique opportunities and financial support to help you succeed in your academic journey.

Tips for Your Scholarship Search

Students should approach merit-based scholarships strategically by aligning their strengths with the specific criteria of each scholarship. Whether you excel in academics, leadership, or extracurriculars, focusing your efforts on scholarships that reward these strengths will help you maximize your chances of winning.

Additionally, starting the scholarship search early in high school ensures you won’t miss crucial deadlines. Discussing your scholarship options with a school counselor can also provide insights into lesser-known opportunities that are equally valuable. Professional counselors, like Empowerly, can also help you land more scholarships on the way to your dream school!

Top Merit-Based Scholarships for High-Achieving Students

Coca-Cola Scholars Program

The Coca-Cola Scholars Program is a prestigious merit-based scholarship that annually awards $20,000 to 150 exceptional high school seniors. It recognizes students who demonstrate leadership, academic excellence, and a commitment to positively impacting their communities. This highly competitive program seeks individuals with a history of service and a vision for shaping the future.

• Award Amount: $20,000 each for 150 students
• Deadline: September 30th
• Eligibility:
  1. Must be a currently enrolled high school/home-schooled student who will graduate high school during the 2024-25 academic year
  2. Expecting to receive a high school diploma during the current academic year
  3. Planning to pursue a degree at an accredited U.S. post-secondary institution
  4. Able to verify a minimum overall B/3.0 GPA in high school coursework
  5. Applicants may not be children or grandchildren of current or former Coca-Cola employees, officers, or owners of Coca-Cola bottling companies
  6. May not be international students, high school graduates, or temporary residents

Gates Scholarship

The Gates Scholarship is a highly selective, merit-based scholarship to support outstanding minority high school seniors from low-income backgrounds. Funded by the Bill and Melinda Gates Foundation, it covers the total cost of attendance. This includes tuition, fees, room, board, and other expenses not already covered by financial aid. Each year, 300 students demonstrating strong leadership, academic achievement, and a commitment to helping their communities are awarded this life-changing scholarship. The application deadline is typically in September.

• Award Amount: Full cost of attendance which is not already covered by other financial aid or FAFSA
• Deadline: September 15th
• Eligibility: To apply, students must be:
  1. A high school senior
  2. From at least one of the following ethnicities: African-American, American Indian/Alaska Native*, Asian & Pacific Islander American, and/or Hispanic American
  3. Pell-eligible
  4. A US citizen, national, or permanent resident
  5. In good academic standing with a minimum cumulative weighted GPA of 3.3 on a 4.0 scale (or equivalent) 
  6.  Additionally, a student must plan to enroll full-time, in a four-year degree program, at a US accredited, not-for-profit, private or public college or university.
  7. *For American Indian/Alaska Native, proof of tribal enrollment will be required.

National Merit Scholarship

The National Merit Scholarship is a prestigious academic award given to high-achieving high school students based on their PSAT/NMSQT scores. Around 7,500 students are selected each year as National Merit Scholars. Depending on the award level, these sudents receive scholarships ranging from $2,500 to full tuition. The program recognizes students’ academic excellence, extracurricular achievements, and leadership potential. To qualify, students must advance through multiple stages, including being named semi-finalists and finalists. The program opens doors to many additional scholarship opportunities from colleges and corporations.

• Award Amount: $2,500
• Deadline: Varies (Qualify through PSAT)
• Eligibility: A student must:
  1. Be enrolled as a high school student (traditional or homeschooled), progressing normally toward graduation or completion of high school by 2026, and planning to accept admission to college no later than the fall of 2026;
  2. Attend high school in the United States, District of Columbia, or U.S. commonwealths and territories; or meet the citizenship requirements for students attending high school outside the United States; and
  3. Take the 2024 PSAT/NMSQT in the specified year of the high school program and no later than the third year in grades 9 through 12, regardless of grade classification or educational pattern

Dell Scholars Program

The Dell Scholars Program is a need-based scholarship that supports students who have overcome significant obstacles to pursue higher education. Each year, 500 students receive $20,000, a laptop, and access to resources like academic support, financial aid guidance, and a strong community network. The program strongly emphasizes grit, potential, and determination rather than just academic achievement, making it ideal for students who have demonstrated resilience and a commitment to college success. 

• Award Amount: $20,000
• Deadline: December 1st
• Eligibility: Students must:
  1. Participate in a program-approved college readiness program in grades 11 and 12
  2. Be on track to graduate from an accredited high school in the current academic year
  3. Demonstrate a need for financial assistance
  4. Be eligible to receive a federal Pell Grant in first year of college
  5. Plan to enroll full time at an accredited higher education institution in the pursuit of a bachelor’s degree in the fall directly following high school graduation
  6. Earn a minimum of a 2.4 GPA

Jack Kent Cooke Foundation College Scholarship Program

The Jack Kent Cooke College Scholarship Program is a highly competitive merit-based scholarship that provides up to $55,000 annually to high-achieving high school seniors with financial need. It supports students through their undergraduate studies at the nation’s top colleges and universities, offering financial assistance, personalized advising, and career guidance. The scholarship focuses on students demonstrating academic excellence, leadership, and a drive to overcome challenges.

• Award Amount: Up to $55,000 per year
• Deadline: November 14th
• Eligibility: Applicants must meet the following eligibility requirements:
  1. Senior standing – Complete four years of high school in the U.S., a U.S. territory, or on a U.S. military base and plan to graduate in spring 2025.
  2. Fall College Enrollment – Intend to enroll in an accredited four-year college beginning in fall 2025.
  3. GPA – Earn a minimum cumulative unweighted GPA of 3.75 or above.
  4. Demonstrate Unmet Financial Need—We will consider applicants with family annual gross incomes up to $95,000. During the selection process, the Foundation will conduct a full financial review that will consider all income and assets of the student and the student’s parents.

Ron Brown Scholar Program

The Ron Brown Scholar Program is a national scholarship that provides $40,000 to 20-25 economically challenged Black/African American high school seniors who demonstrate academic excellence, leadership potential, and a commitment to public service. The scholarships are renewable and can be used at any accredited four-year college or university in the United States, with no restrictions on the field of study.

• Award Amount: $40,000 ($10,000 per year)
• Deadline: December 1st
• Eligibility: Students applying:
  1. Must be Black/African American.
  2. Must excel academically.
  3. Must exhibit exceptional leadership potential.
  4. Must participate in community service activities.
  5. Demonstrate financial need.
  6. Be a US citizen or hold a permanent resident visa card.
  7. Be a current high school senior at the time of your application.  NOTE: Current college students are not eligible to apply.  

Elks Most Valuable Student Scholarship

The Elks Most Valuable Student Scholarship is a prestigious award that provides four-year scholarships to exceptional high school seniors who exhibit outstanding academic performance, leadership qualities, and financial need. Annually, 500 students are chosen for this scholarship based on their remarkable achievements and active community participation. The selection process evaluates students on their academic records, leadership roles, extracurricular activities, and service to their communities. Applicants also have the opportunity to advance to regional and national competitions, where they may earn additional honors and recognition.

• Award Amount: Varies, between $1,000 to $7,500 per year
• Deadline: November 12th
• Eligibility:
  1. Current high school seniors, or the equivalent, who are citizens of the United States are eligible to apply.
  2. Applicants do not need to be related to a member of the Elks.
  3. High school graduates are not eligible to apply.
  4. Applicants must be citizens of the United States on the date their applications are submitted.

Horatio Alger National Scholarship

The Horatio Alger National Scholarship is aimed at assisting high school seniors who have shown resilience in overcoming substantial personal obstacles. Successful applicants will be awarded $25,000 to support their undergraduate studies and work towards their educational aspirations. This scholarship program is intended for students who can demonstrate financial need, academic excellence, and a dedication to pursuing higher education.

• Award Amount: $25,000
• Deadline: October 25
• Eligibility: Students applying must:
  1. Be enrolled full time as a high school junior in the United States
  2. Exhibit a strong commitment to pursue and complete a bachelor’s degree at an accredited non-profit public or private institution in the United States immediately after high school graduation (students may start their studies at a two-year institution and then transfer to a four-year institution)
  3. Demonstrate critical financial need ($65,000 or lower adjusted gross family income is required)
  4. Be involved in co-curricular and community service activities
  5. Display integrity and perseverance in overcoming adversity
  6. Maintain a minimum grade point average (GPA) of 2.0
  7. Be a United States citizen

Questbridge College Prep Scholars Program

The QuestBridge College Prep Scholars Program is designed for high-achieving high school juniors from low-income backgrounds. QuestBridge’s goal is to provide them with valuable resources to prepare for the college admissions process. This prestigious program offers full scholarships to college summer programs, personalized college essay feedback, conference invitations, and early access to the National College Match program. The College Prep Scholars Program aims to help talented students navigate the complexities of college admissions, secure financial aid, and connect with top-tier universities.

• Award Amount: Varies
• Deadline: March
• Eligibility: Students applying must:
  1. High school juniors, regardless of citizenship, currently attending high school in the U.S., and U.S. Citizens and Permanent Residents living abroad
  2. Earning primarily A’s in the most challenging courses offered
  3. Demonstrating strong writing skills and intellectual curiosity, plus resilience, integrity, and motivation to succeed
  4. Typically from a household earning less than $65,000 annually with minimal assets (for a household of four members)

Burger King Scholars Program

The Burger King Scholars Program provides merit-based scholarships ranging from $1,000 to $60,000 to high school seniors with strong academic records and are active in their communities. Sponsored by the Burger King McLamore Foundation, the program rewards students with leadership, work experience, and a passion for higher education. 

• Award Amount: $1,000 – $60,000
• Deadline: December 16th
• Eligibility: Students must:
  1. Be living in the United States, Puerto Rico, Guam or Canada
  2. Be graduating high school seniors (U.S., Puerto Rico and Guam), graduating from grade 12 (Canada) or graduating from homeschool education in the U.S., Puerto Rico, Guam or Canada
  3. Have a cumulative high school grade point average of 2.0 or higher on a 4.0 scale, or the equivalent
  4. Plan to enroll full-time, without interruption, for the entire 2024-25 academic year at an accredited two- or four-year college, university or vocational-technical school or CEGEP or equivalent in the U.S., Puerto Rico, Guam or Canada

Taco Bell Live Más Scholarship

The Taco Bell Live Más Scholarship is aimed at students passionate about pursuing their unique dreams and aspirations, whether inside or outside of traditional academic pathways. Unlike typical scholarships, this program focuses on creativity, innovation, and passion rather than academic performance. Applicants must submit a two-minute video that showcases their love, explains how they plan to use it to make a positive impact, and how the scholarship will help them achieve their goals. Open to students ages 16-26, the Live Más Scholarship inspires and empowers young people to pursue what drives them, offering financial support to turn their passions into reality.

• Award Amount: Multiple awards worth up to $25,000
• Application Due: January 3rd
• Eligibility: The Live Más Scholarship Program is open only to individuals who meet all of the following criteria:
  1. Applicant must be a legal resident of the 50 United States and the District of Columbia (“D.C.”) located within the United States or D.C., or the dependent child of an active duty member of the U.S. military, who is at least 16 years of age and no older than 26 years of age
  2. Applicants must be currently enrolled in an accredited post-secondary educational program located in the United States or D.C. (including accredited two- and four-year colleges, universities, vocational-technical, and trade schools) and in good academic standing.
  3. Applicants must be willing to work with the Taco Bell Foundation’s Scholarship Management Company throughout the application and award process.

Davidson Fellows Scholarship

The Davidson Fellows Scholarship recognizes extraordinary young people, aged 18 or younger, who have completed significant work in science, technology, engineering, mathematics, literature, music, or philosophy. Scholarships range from $10,000 to $50,000, and applicants are judged based on the originality and creativity of their work.

• Award Amount: $50,000, $25,000, or $10,000
• Application Opens: November 1st
• Eligibility: 
  1. Applicants must be 18 or younger as of the application deadline to be eligible.
  2. Be a U.S. citizen residing in the United States, or a Permanent Resident of the United States residing in the United States, or be stationed overseas due to active U.S. military duty.
  3. Have completed a significant piece of work in one of the submission categories.
  4. Two-person teams are eligible.
  5. Be able to demonstrate that the work is his or her own creation.
  6. Be able to attend an in-person event, with at least one parent or guardian, or virtual awards ceremony.

GE-Reagan Foundation Scholarship

The GE-Reagan Foundation Scholarship Program awards $10,000 renewable scholarships (up to $40,000) to high school seniors who demonstrate leadership, drive, integrity, and citizenship. The program seeks students who are dedicated to serving others and upholding President Ronald Reagan’s legacy through academic achievement and community involvement.

• Award Amount: $10,000 (renewable) up to $40,000 total for tuition, school fees, books, supplies, and on-campus room and board
• Deadline: January 4th
• Eligibility: Applicants must
  1. Demonstrate the attributes of leadership, integrity, drive, and citizenship within their communities, schools, and workplaces
  2. Display strong academic performance (minimum 3.0 grade point average/4.0 scale or equivalent)
  3. Be citizens of the United States of America
  4. Be current high school seniors attending high school within the United States graduating in winter 2023 or spring 2024. Homeschooled applicants and applicants living on a U.S. Armed Forces base and attending high school outside the U.S. are eligible.
  5. Plan to enroll in a full?time undergraduate college or university in the United States for the entire 2024-2025 academic school year

Prudential Emerging Visionaries Award

The Prudential Emerging Visionaries Award recognizes young leaders between the ages of 14-18 who are tackling financial or societal challenges in their communities with innovative solutions. This award is designed to celebrate and support changemakers who are making a difference through projects focused on financial education or social good. Winners receive a cash award, along with the opportunity to attend a national recognition event and network with other leaders and innovators. By offering this award, Prudential aims to inspire and empower the next generation of leaders to create meaningful, lasting change in their communities.

Award Amount: up to $15,000

Deadline: January 31st

Eligibility: Applicants must

• Participants must be individuals between the ages of 14 – 18 when applying. Groups and partners are not eligible.  
• Participants must be legal residents of the United States or Puerto Rico. 
• Participants must have started their project on or before June 1, 2023.? 
• Winners must bring one chaperone to the in-person event on April 20-23, 2024.
• One application per person.  
• Applications must be submitted in English.
• Prudential Emerging Visionaries and Prudential Spirit of Community National Honorees and State Honorees are NOT eligible to apply. 
• Employees and their children and grandchildren of Prudential, Ashoka, Financial Health Network, or its affiliates?and participating advertising and promotion agencies are NOT eligible to apply. 

NSPS Foundation Trig-Star Scholarship

The NSPS Foundation Trig-Star Scholarship is awarded to students who excel in trigonometry and demonstrate an aptitude for mathematics, particularly in its application to the field of surveying. Sponsored by the National Society of Professional Surveyors (NSPS), this scholarship supports students pursuing education in surveying, mapping, or related disciplines. Applicants are typically required to have participated in the annual Trig-Star competition, which tests high school students on their understanding of trigonometry and its real-world uses. By offering this scholarship, the NSPS aims to encourage young talent to explore careers in the geospatial industry and related fields.

Award Amount: $5,000

Deadline: January 31st

Eligibility: Applicants must

• Be a high school senior or college underclassman
• Have a 3.0 minimum GPA
• Applicants must have participated in a Trig-Star contest at some point in their high school career, although they do not need to have been winners. They must also plan to study surveying or mapping in college.

Generation Google Scholarship (North America)

The Generation Google Scholarship is designed to support underrepresented students in technology fields, including women, Black/African American, Hispanic/Latinx, and Native American students, who are pursuing degrees in computer science or closely related disciplines. This scholarship aims to remove financial barriers and encourage diversity in tech by providing recipients with monetary awards, as well as opportunities for mentorship and professional development. To apply, students must demonstrate a strong academic background, leadership qualities, and a passion for advancing diversity in technology. The Generation Google Scholarship reflects Google’s commitment to fostering inclusion and supporting the next generation of tech innovators.

Award Amount: $10,000 USD or 5,000 CAD

Deadline: April 23rd

Eligibility: Applicants must

• Be currently enrolled as a full-time student in a Bachelors program at an accredited university or college OR currently enrolled as a high school senior for the 2023-2024 academic year
• Intend to be enrolled in or accepted as a full-time student in a Bachelors program at an accredited university in the United States or Canada for the 2024-2025 academic year
• Be studying computer science, computer engineering, or a closely related technical field
• Demonstrate a strong academic record
• Demonstrate financial need
• Exemplify leadership and demonstrate passion for improving representation of underrepresented groups in computer science and technology.

Amazon Future Engineer Scholarship & Internship

The Amazon Future Engineer Scholarship and Internship program supports high school seniors from underrepresented and underserved communities pursuing degrees in computer science, engineering, or related fields. This program offers recipients a $40,000 scholarship to help with college tuition and a paid summer internship at Amazon after their freshman year. The internship provides hands-on experience, mentorship, and insight into the tech industry, helping students develop their skills in a real-world setting. With a focus on increasing diversity in the technology sector, the Amazon Future Engineer Scholarship aims to inspire the next generation of tech innovators by offering financial support and invaluable professional experience.

Award Amount: Up to $40,000 towards an undergraduate degree in engineering or computer science & an internship with Amazon

Deadline: December 21st

Eligibility: Applicants must

• Be a high school senior in the U.S. who is currently enrolled in or who has completed a high school or college dual degree course where computer science or engineering is the subject. Students who have not taken this course can opt-in to take an assessment offered by Amazon.
• Be planning to attain a bachelor’s degree in computer science, software engineering, computer engineering, electrical engineering, or other computer science-related field of study from an accredited 4-year college or from a 2-year college with the intent to transfer to a 4-year college.
• Must be authorized to work in the U.S. Example: Employment Authorization Document holder, Permanent Resident, or U.S. Citizen.
• Have a minimum cumulative grade point average of 2.3 on a 4.0 scale (or its equivalent).
• Must demonstrate financial need.

How Can I Win A Merit-Based Scholarship?

Winning a merit scholarship requires strategic planning and focused efforts. Here’s a step-by-step guide to help you secure one:

1. Understand the Criteria

Merit scholarships are awarded based on a variety of factors, most commonly academic excellence, leadership skills, community service, and specific talents in areas like athletics, the arts, or STEM. It’s important to carefully read the criteria for each scholarship you apply for and understand what they value in candidates. Some scholarships emphasize GPA and test scores, while others focus more on extracurricular involvement or specific achievements. By understanding the criteria, you can tailor your application to highlight your most relevant strengths and make a stronger case for why you deserve the award.

2. Maintain Strong Academic Performance

One of the most crucial factors in winning a merit scholarship is maintaining a high GPA, especially for scholarships that prioritize academic excellence. Many scholarships require students to be in the top percentage of their class or have a certain GPA threshold. Beyond that, strong standardized test scores—such as the SAT or ACT—can also play a significant role in the application process. Additionally, taking challenging courses like honors, AP, or IB classes shows scholarship committees that you are willing to push yourself academically and are prepared for college-level coursework.

3. Excel in Extracurricular Activities

Scholarship committees also love to see well-rounded students who excel outside of the classroom. Whether participating in student government, sports, community service, or academic clubs, demonstrating a deep involvement in extracurricular activities is important. Leadership positions like club president or sports team captain can make your application stand out. Rather than participating in various activities with minimal involvement, it’s better to focus on a few key areas where you can show long-term commitment and growth.

4. Build Relationships with Teachers and Mentors

Letters of recommendation can decide whether you win a merit scholarship, so it’s vital to establish strong relationships with your teachers, mentors, or coaches. Whomever you choose, these individuals should know you well enough to provide detailed examples of your academic strengths, leadership qualities, work ethic, and character. 

To build these relationships, actively participate in class, seek guidance on projects, and engage with mentors outside of school settings, such as through extracurricular activities. Outside of class, your high school counselor can also be a great resource for crafting strong recommendation letters. Counselors often have a comprehensive view of your academic and extracurricular achievements while in high school, allowing them to highlight how your strengths align with the scholarship’s values. Keep your counselor(s) informed of your achievements and scholarship goals so they can provide personalized, impactful recommendations. These connections can provide glowing recommendations that set you apart from other applicants.

5. Search for Merit Scholarships Early

To maximize your chances of winning a merit scholarship, it’s important to start your search as early as possible—ideally during your junior year of high school or sooner. Some scholarships have deadlines as early as the fall of your senior year, so the earlier you begin your search, the more opportunities you’ll have to apply. Use online scholarship databases like Fastweb, Scholarships.com, or College Board to find both national and local scholarships that fit your profile. Don’t forget to explore scholarships offered through local organizations or your school’s guidance office, as these can be less competitive.

6. Craft a Compelling Personal Statement

Many merit scholarships require applicants to write a personal statement or essay, and this is your opportunity to truly stand out. A well-crafted essay should showcase your unique experiences, achievements, and personal growth. It’s important to be authentic and specific in your writing—don’t just list accomplishments, but explain how they shaped your character and future goals. Whether you’re describing a leadership experience or how you’ve contributed to your community, make sure the essay is personal and reflects your passion for the scholarship’s mission.

Want to really shine? For extra oomph, make sure your essay reflects the key values of the scholarship and ties your achievements to future aspirations. Use stories and examples that showcase personal growth, resilience, and impact. Scholarship committees are drawn to narratives that demonstrate not only academic excellence but also the potential for long-term success.

7. Demonstrate Passion and Commitment

Scholarship committees want to see students who are passionate and deeply committed to the causes or fields they’re interested in. Whether it’s a passion for environmental advocacy, science, leadership, or community service, demonstrate your genuine commitment through long-term involvement. Instead of joining many clubs and activities for the sake of padding your resume (and therefore spreading yourself too thinly), focus on areas where you can make a meaningful impact and leadership roles: showing passion is about depth, not breadth. Your scholarship applications should showcase this sustained involvement and your vision for how this passion will continue in college and beyond. Make sure to quantify your achievements where possible—impactful metrics (such as the number of people affected or funds raised) strengthen your case.

8. Follow Up and Stay Organized

Staying organized throughout the scholarship application process is key to ensuring success. Keep a detailed calendar of all scholarship deadlines and application requirements, and make sure to submit materials on time. (Or, if you’re applying to more than a few, you can even make a spreadsheet.) 

It’s also important to double-check that your application has been received—follow up with the scholarship organization if necessary to confirm they have everything they need. Keep copies of your application materials and maintain a list of the scholarships you’ve applied for so you can track your progress. Organization will ensure you don’t miss out on any opportunities and keep you on top of the process.

By focusing on these strategies and being proactive, you can maximize your chances of winning a merit scholarship!

Merit-Based Scholarships in Your Future

In conclusion, while merit scholarships can significantly reduce the cost of college, the process of finding and applying for the right opportunities can feel overwhelming. That’s where Empowerly can help. With our team of expert counselors, we provide personalized guidance to help you navigate the scholarship landscape, strengthen your applications, and maximize your chances of success. Whether you’re aiming for national recognition or local scholarships, Empowerly is here to support you every step of the way. Schedule a consultation today to start securing the funds you need for your educational journey!