Sachs Foundation Undergraduate Scholarship

Award Amount

$20,000

Application deadline

March 15

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Awarded By:

Sachs Foundation

Number of Awards & Eligibility: 35 awards offered annually.
In order to qualify, students must meet the following criteria:
  1. This award is for U.S. students.
  2. Must have been a Colorado resident for five or more years.
  3. Must be a member of the African American race. An applicant with mixed racial and ethnic backgrounds must demonstrate his/her racial identity to be predominantly African American.
  4. Must plan to enroll full time at an accredited college or university.
  5. Must be a U.S. citizen.
  6. Must be a high school senior at time of application.
  7. Must have a grade point average of 3.0 or higher.

In order to qualify, students must meet the following criteria:

Description: This award is available for U.S. Colorado students who are high school seniors or high school graduates that have graduated not more than three years prior to application and have not or are not attending college. Students must be a member of the African American race. An applicant with mixed racial and ethnic backgrounds must demonstrate his/her racial identity to be predominantly African American.

Application requirements for the Sachs Foundation Undergraduate Scholarship are:

  • Application form
  • Official Transcript
  • Recommendation letters (3)
  • Financial statement
  • IRS 1040
  • Personal statement
Additional Information: The Sachs Foundation was incorporated as a Colorado, non-profit corporation in 1931 and since that time has helped nearly 7,000 black Colorado residents obtain a college education. The Sachs Foundation endeavors to award grants equally to male and female applicants as reasonably determined in conjunction with the variances in cumulative high school grade point averages and financial need. They screen all applicants for their weighted high school cumulative grade point averages. The grade point average cut-off varies depending upon the number and mix of applications, the number of vacancies, and the funds available for grants. Selection is also strongly based on demonstrated financial need, as established in the submitted financial statement, which is part of the application form. If selected, the applicant will be required to come to Colorado Springs for a personal interview, usually in April.

Award Amount: The amount of each award varies. In previous years, the average amount was $5,000 annually. Awards are renewable for four years if the recipient maintains a grade point average of 2.5 or higher per term; has no grades of failure, incomplete, or unsatisfactory; and enrolls full time (12 credit hours or more) every semester.  The total dollars awarded for this scholarship is $20,000.

Deadline Information:

Deadline for this scholarship is Friday, March 15

Deadline Information:

Deadline for this scholarship is Friday, March 15

Applications are available online from the Sachs Foundation website and are accepted between Jan. 1 to March 15. Students may also obtain an application from a high school guidance counselor, or may request one in writing from the Sachs Foundation office. In addition to a completed application, the applicant must submit a financial statement (attatched to the application); information about his/her parents' IRS 1040 and W-2; high school grade transcripts and test scores; contact information for three individuals who can provide recommendations for the applicant; a recent, small photograph; and a 500 word personal statement. Applications must be submitted online between Jan. 1 and March 15.
About Sachs Foundation:
Contact Information: Lisa Harris, Scholarship Coordinator
Address: 90 S. Cascade Ave. Suite 1410 Colorado Springs, Colorado 80903-1680
Email: [email protected] , [email protected]
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