Scholarship Spotlight
Amount: $23,000
Scope: Partial scholarship
Target Country: United States
Target Audience: Freshmen from middle-class families
Deadline: November 1, 2023 (early action)
Introduction to the Olseth Scholarship
The Olseth Scholarship is a need-based academic scholarship that the University of Minnesota offers to deserving students from middle-class families. The privately funded scholarship aims to help students graduate with minimal college debt. The scholarship was founded by Dale and Nancy through the Olseth Foundation to advocate for the spirit of generosity and helping others.
The Olseth Scholarship targets freshmen from middle-class families in the United States who meet the eligibility criteria and demonstrate financial need.
Amount and Scope
The Olseth Scholarship offers a one-time award worth $23,000 over four years, which can assist the student in covering academic expenses such as tuition and fees, books and supplies, and other essential necessities. It is a partial scholarship.
Eligibility Criteria of the Olseth Scholarship
To be eligible for the Olseth Scholarship, applicants must:
- Be a citizen of the United States, a permanent resident, or be eligible for Minnesota’s Dream Act.
- Preferably from middle-class families earning an income of less than $100,000 but above $50,000.
- Possess leadership potential
- Display outstanding academic performance as they will examine your academic records.
- Be an undergraduate at the University of Minnesota pursuing any field of study
- Have an excellent command of the English Language
Demonstrate financial need through the Free Application for Federal Student Aid (FAFSA) by March 1 of their Senior year
Application process
To apply for the Olseth Scholarship, students do not need to submit a separate application form. The scholarship committee evaluates incoming freshmen through their admission application. Therefore, students need to focus on submitting their admission application by the corresponding deadline.
Students can apply before the early action deadline of November 1, 2023 or the regular action deadline of January 1, 2024. Applicants who submit their application by the early action deadline of November 1 may receive an admission decision in January.
Students can apply for admission through the Golden Gopher or the Common Application. It is advisable to submit only one application as a double submission will hinder the admission decision.
Application deadline
| Deadline Category | Date | Admission decision on Application Tracker |
|---|---|---|
| Early Action I Deadline | November 1, 2023 | January 31, 2024 |
| Early Action II Deadline | December 1, 2023 | February 15, 2024 |
| Regular Deadline | January 1, 2024 | March 15, 2024 |
In summary, the Olseth Scholarship provides a great opportunity for deserving students from middle-class families to achieve their academic goals with minimal college debt. This publication has expounded extensively on how you can clinch this scholarship opportunity. We wish you all the best.
At Scholarship Monitor, we are committed to providing you with up-to-date information on scholarship opportunities. Make sure to always check back for more updates and take advantage of the resources we have provided to help you achieve your academic and career goals.
