College Board Opportunity Scholarships

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Taking the PSAT/NMSQT is just one step toward college. With so many more steps ahead, college planning can quickly become overwhelming. But with the College Board Opportunity Scholarships, you can simplify the process—and get chances to earn money for college.

Who's Eligible

Starting with the class of 2020, juniors in the U.S., Puerto Rico, and other U.S. territories can qualify for College Board Opportunity Scholarships. All students need to do is complete specific steps as they plan for college.

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How the Scholarships Work

The College Board Opportunity Scholarships’ six steps can help you plan, prepare, and pay for college. Completing each step qualifies you for a scholarship ranging from $500 to $2,000, and completing all six qualifies you for a $40,000 scholarship.

Step 1. Build Your College List: $500
Get started by exploring colleges you're interested in on BigFuture.

Step 2. Practice for the SAT: $1,000
Use Official SAT Practice on Khan Academy® to get ready for test day.

Step 3. Improve Your Score: $2,000
Show how practice pays off by improving your SAT score.

Step 4. Strengthen Your College List: $500
Make sure your college list has a mix of academic safety, fit, and reach schools.

Step 5. Complete the FAFSA: $1,000
Fill out the free government form to apply for financial aid.

Step 6. Apply to Colleges: $1,000
Apply to the schools you want to attend.

Complete Your Journey: $40,000
Complete all six scholarship steps to be eligible for a $40,000 scholarship.