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Scholarship Information

For colleges and universities, scholarships are financial aid awards designed to help students pay for an undergraduate degree. Sometimes a scholarship is a one-time check. Other school scholarships are renewable and provide money for students each semester or school year. There are basically two types of scholarships—merit scholarships and private scholarships.

*Radford School does not endorse one scholarship opportunity over another.

Some types of scholarships:

  • Academic Scholarships and Merit Scholarships
  • Community Service Scholarships
  • First in Family Scholarships
  • Legacy Scholarships
  • Military Scholarships
  • No Essay Scholarships
  • Prestigious Scholarships
  • Renewable Scholarships

Merit Scholarships

Merit scholarships are awarded to you by a college based on your skills, not based on your financial need. 

Some types of Merit Scholarships:

  • Academic Scholarships. Academic scholarships are based on factors like your high school GPA, ACT or SAT test scores, and class rank
  • Athletic Scholarships
  • Scholarships for Other Special Talents
  • Local Scholarships
  • Regional Scholarships
  • National Scholarships
  • Workplace Scholarships
  • Military Scholarships

Private Scholarships

Private scholarships are awarded to you by businesses, agencies, organizations, and clubs to use during college.  Private scholarships are financial aid awards funded by companies, service groups, foundations, organizations and individuals.  They range greatly in award granted.  

Some types of private scholarships:

  • Local Scholarships
  • Regional Scholarships
  • National Scholarships
  • Workplace Scholarships

The Gates Scholarships

The Gates Scholarship is a highly selective scholarship for minority students who will qualify for financial aid.  All interested students are encouraged to contact Yvonne McLaughlin in the counseling office as soon as possible as the application is quite lengthy and requires a referral. The deadline to apply for this scholarship is September 15, 2022 5pm PT.

The Perry Initiative

The Perry Initiative program is a hands-on workshop for young women who are interested in medicine and engineering. The deadline to apply for this program is September 26, 2022. Students who are interested in medicine or engineering are encouraged to apply.  Please see the link below for further information:

El Paso Aggies!

Academic Scholarships
NMSU offers scholarships based on high school performance! No application required!
*Hadley Honors - $4,000/year. 3.90 GPA or higher
*Crimson Success - $3,000/year. 3.79 – 3.89
1888 Leadership - $2,000/year. 3.50 – 3.69
*To receive Hadley Honors or Crimson Success, student must be admitted to NMSU
before Dec 1.

Please note, student can only receive one of these 3 scholarships.

Tuition Discounts
Remember, all students from El Paso, TX will be classified as Out of State because
they do not reside in the state of NM. BUT .... Students from El Paso are eligible for
tuition discounts!
NM In State Tuition $8,408
Out of State Tuition $26,734
135 Mile Discount $17,653
El Paso students Pay $9,081

No application required for discount. Please note that when a student from El Paso
applies, they will receive a letter stating that they are classified as Out of State. Don’t
get scared! The discount will be applied to a student’s account August 2023.
We also offer The Out of State Competitive Discount. If awarded, this discount brings out of
state tuition DOWN to In State! To be eligible, student must have a GPA of 3.5 or higher AND a
23 ACT.

Please note, student can only get either 135 Mile or Out of State Competitive, not both.

2023 - 2024 Academic Year OLA Scholarship

Hello and Happy New Year NHI Parents!

Applications for the Organization of Latino Actuaries (OLA) Academic Scholarships are now open! For the upcoming 2023-2024 academic year, we will award up to $7,500 to scholarship recipients. We highly encourage you to share this opportunity with your children and network. 

For more information on our organization and the scholarship:

What is OLA?

OLA is a registered 501(c)(3) nonprofit organization with a mission to increase the number of Latino Actuaries by promoting the profession and providing guidance, mentorship and networking opportunities. For more information on OLA, visit us at https://www.latinoactuaries.org/.

What is an Actuary?

Actuaries are business professionals who use statistical, mathematical, and financial methods to manage risk. Actuaries typically pursue a degree in Actuarial Science, Statistics, Mathematics, Finance, Economics or related studies to prepare themselves for this career. For more information on the actuarial profession, check out https://www.beanactuary.org/.

Who is eligible to apply to the OLA Academic Scholarships?

OLA Academic Scholarships are open to all Latine seniors in high school who will be enrolled in a 2- or 4-year program this fall. There are no GPA or major/minor requirements for most OLA programs, but students should demonstrate interest and/or commitment to pursue the actuarial profession. No letters of recommendation are required to apply.

Who can I contact if I have additional questions?

Please reach out to us at futurecandidates@latinoactuaries.org if you have any questions.

Additional Programs for Your Consideration

In addition to OLA's Academic Scholarship, there are a number of other Scholarship opportunities sponsored by IABA (The International Association of Black Actuaries), SAGAA (Sexuality and Gender Alliance of Actuaries), STEM Stars, and more. For more information on other Actuarial scholarships, please visit https://theactuarialfoundation.submittable.com/submit.