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Gates Millennium Scholarship | Bill & Melinda Gates Foundation

Gates Scholarship

Gates Millennium Scholarship

The Bill & Melinda Gates Foundation (B&MGF) is the largest transparently operated charitable foundation in the world, founded by Bill and Melinda Gates in 2000 and doubled in size by Warren Buffett in 2006.

University Scholars Program
Donated US$20 million in 1998 to endow a scholarship program at Melinda Gates' alma mater, Duke University. The program provides full scholarships to about 10 members of each undergraduate class and one member in each class in each of the professional schools (Schools of Medicine, Business, Law, Divinity, Environment, and Nursing). The program also pays for a full-time administrator who organizes seminars to bring these scholars together for interdisciplinary discussions as well as the selection process in the Spring.
D.C. Achievers Scholarships
The Bill and Melinda Gates Foundation announced March 22, 2007 a $122 million initiative to send hundreds of the District of Columbia's poorest students to college.
Washington State Achievers Scholarship
The Washington State Achievers program encourages schools to create cultures of high academic achievement while providing scholarship support to select college-bound students.

As of 2006, the foundation has an endowment of approximately US$34.6 billion. To maintain its status as a charitable foundation, it must donate at least 5% of its assets each year. Thus the donations from the foundation each year would amount to over US$1.5 billion at a minimum.

Who is eligible to apply for a Best Buy Scholarship?
Scholarships are awarded to graduating high school seniors living within 75 miles of a Best Buy store who will be attending a college, university or vocational school located in the U.S. or Puerto Rico beginning in the fall immediately following graduation.

How are scholarship recipients selected?
Scholarship recipients are selected based on academic achievements, volunteerism efforts, and work experience.

Source: Wikipedia

Gates Millennium Scholarship | Bill & Melinda Gates Foundation