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. 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 scholarship ranging from $500 to $2,000 and completing all six qualifies you for a $40,000 scholarship.

During the months any scholarship is open, you can earn multiple chances to enter. 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: $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 safety, match, 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.

Opt in to the College Board Opportunity Scholarships