Average awards are provided at $6,000 annually, renewable for up to three additional years provided the student maintains a satisfactory grade point average and full-time enrollment status.
The number of awards provided each year varies depending on the number of qualified applicants. Typically, around two scholarships are awarded annually.
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.
Applications are available online from the Sachs Foundation website from Feb. 1 to March 15. Students may also obtain an application from a high school guidance counselor, or may request one in writi ... sign up for full scholarship deadline information.