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.

Watch a video about the College Board Opportunity Scholarships.

Who's Eligible

Juniors and seniors attending high school in the U.S., Puerto Rico, and other U.S. territories are eligible for the College Board Opportunity Scholarships. U.S. citizens and residents attending Department of Defense Education Activity schools abroad are also eligible. All you need to do is sign up and complete the steps you're already taking to get ready for college.

Earn College Board Opportunity Scholarships.

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 $500 scholarship and completing all six qualifies you for a $40,000 scholarship.

We award scholarships through monthly drawings and notify winning students by email and on their "My Achievements" page when they log in to the College Board Opportunity Scholarships.

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

Step 2. Practice for the SAT: $500
Use Official SAT Practice on Khan Academy® to get ready for test day.

Step 3. Explore Scholarships: $500
Find scholarships and other aid to help you pay for college.

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

Step 5. Complete the FAFSA: $500
Fill out the free government form to apply for financial aid.

Step 6. Apply to Colleges: $500
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.

Sign up for the College Board Opportunity Scholarships