Akin to tests like the LSAT and the MCAT, the GMAT (Graduate Management Admissions Test) is one of the most crucial examinations of anyone pursuing a graduate degree in business. Students will be tested on both verbal and quantitative skills and a competitive GMAT score is the first barrier to entry for the top business programs that education has to offer.

The importance of the GMAT also introduces a high level of competition, as every person across the globe who is pursuing a graduate degree in business is also taking this test. That is why students preparing for the test also call in the aid of one of the many prep courses offered by a slew of different companies, as an advantage can make or break a score and admittance to the business school of your dreams.

Getting Ready for the GMAT

Test preparation takes on a whole new meaning when studying for the GMAT. It is often recommended that you attack studying for this test with the same work ethic you would as full-time employment. The general consensus is that you spend roughly 2 to 3 months and about 120 hours in study time alone, so it is no surprise that students utilize resources such as prep courses, study books, and even personal tutors to make sure that time did not go to waste.

Survival Guide

Many of the prep materials can be found online, such as guides related to both the mathematics and verbal reasoning, along with other topics, that will be found on the GMAT. These materials are usually put together by people well versed with the exam, such as former MBA students who graduated from some of the top programs in the country, and even former admissions officers.  You may also want to inquire about an MBA Admissions consultant like Stacy Blackman Consulting.

Magoosh GMAT

While prep courses are very expensive and sometimes inaccessible for many to students, they are an invaluable resource when it comes to studying. You can take confidence that it is money well spent. One of most highly utilized and recommended course is that of Magoosh. As told by many former students who had Magoosh help increase their grades into their target range, they help you prepare through the use of classes, official practice exams, and 1-on-1 tutors. Through their coursework they will help you identify your strengths and weaknesses and hone in on the areas in which you need the most help.

Magoosh Promo Codes

As it is no secret that many of these courses are expensive and most students are lacking in the cash department, many partners and companies have compiled Magoosh promo codes. These promo codes help to lessen the financial strain on those wishing to enroll in the course by discounting various program fees. Since there is such a high demand on program discounts, many of these codes have a limit set on the number of uses, meaning that you must be proactive in securing a code. It will often take a lot of time in finding a valid code and it is encouraged to continuously search the internet for active ones.

Get Searching

The GMAT is a great barrier to entry for many of the top business schools, and prep courses like those at Magoosh can help make your dream school a reality. While many course fees remain high, resources like promo codes have helped make Magoosh more accessible to those trying to achieve their business school goals.

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You may be thinking, “some of these scholarships are so popular, why should I even bother applying?”

To answer your question, these scholarships are all awesome opportunities. Despite the fact that some of them may be pretty well-known, not all of them are, and additionally, if you are eligible for a scholarship and you think you are a strong candidate, there is never any harm in applying. You never know what might happen if you apply, whereas if you don’t apply, you’ll never know! 

So, without further ado, here is my list of scholarships you should apply for in the new year.

McDonald’s Hacer Scholarship

Amount: $25,000 per year 

Deadline: February 3

Eligibility: 

• You’re a legal U.S. resident
• You’re a high school senior
• You’re younger than 21 years old
• You carry a minimum 2.8 GPA
• You have at least one parent of Hispanic heritage

Burger King Scholars Program

Amount: $1,000 – $50,000

Deadline: December 15

Eligibility: Must currently be in high school

Create a Greeting Card Scholarship 

Amount: $10,000

Deadline: March 9

Eligibility: 

• Age Eligibility: Must be 14 years or older at time of entry
• Must be enrolled in High School, College, University, or Homeschool.

Dr. Pepper Tuition Giveaway 

Amount: full tuition!

Deadline: October 18

Eligibility: 

• Aged between 18 and 24 years old

Elks Most Valuable Student Scholarship 

Amount: $4,000 – $50,000

Deadline: November 15

Eligibility:  

• Must be a U.S. citizen pursuing a 4-year degree full-time at an accredited, degree-granting U.S. college or university
• Must currently be in high school 

Coca Cola Scholars Program 

Amount: $20,000

Deadline: October 31

Eligibility: 

• A current high school or homeschooled student attending a school in the US (or select DoD schools)
• A US Citizen, US National, US Permanent Resident, Refugee, Asylee, Cuban-Haitian Entrant, or Humanitarian Parolee
• Receiving a high school diploma during the academic year
• Planning to pursue a degree at an accredited US post-secondary institution

Do Something Scholarships 

Amount: Varies

Deadline: Varies

Eligibility: 

• Must be 25 years old or younger and be a citizen of the US or Canada 

Stuck at Prom Scholarship 

Amount: $500 – $10,000

Deadline: June 8

Eligibility: 

• Contest is open to residents of the United States and Canada
• Must be 14 years or older
• Must attend a high school, home school association, or other school-sanctioned prom during the calendar year
• Must be a legal resident of the United States and the District of Columbia (excluding residents of Maryland, Vermont, and Colorado) or a legal resident of Canada (excluding the Province of Quebec)

Gates Scholarship 

Amount: full tuition!

Deadline: September 15

Eligibility: 

• A high school senior
• From at least one of the following ethnicities: African-American, American Indian/Alaska Native*, Asian & Pacific Islander American, and/or Hispanic American
• Pell-eligible
• A US citizen, national, or permanent resident
• In good academic standing with a minimum cumulative weighted GPA of 3.3 on a 4.0 scale (or equivalent)

GE Reagan Foundation Scholarship 

Amount: $10,000 (renewable, up to $40,000)

Deadline: January 5

Eligibility: 

• Demonstrate at school, at the workplace, and within the community the attributes of leadership, drive, integrity, and citizenship;
• Demonstrate strong academic performance (minimum 3.0 grade point average/4.0 scale or equivalent);
• Be citizens of the United States of America;
• Be current high school seniors attending high school in the United States (students living on U.S. Armed Forces base and homeschooled students are also eligible); and
• Plan to enroll in a full-time undergraduate course of study toward a bachelor’s degree at an accredited four-year college or university in the United States for the entire upcoming academic year.

Frame My Future Scholarship

Amount: $500 – $5,000

Deadline: April 1

Eligibility: 

• Any legal U.S. resident who will be a full-time student at a U.S. college or university in the 2021–2022 academic year is eligible

Voice of Democracy Scholarship

Amount: $1,000 – $30,000

Deadline: October 31

Eligibility: 

• Aged between 14 and 19 years old
• Must currently be in high school

You Deserve It Scholarship

Amount: $1,000

Deadline: Monthly 

Eligibility: 

• Available for all U.S. students who are ages 16 and older and are high school or college students

Dell Scholarship

Amount: $20,000

Deadline: December 1

Eligibility: 

• Participate in a program-approved college readiness program in grades 11 and 12
• Be on track to graduate from an accredited high school in the current academic year
• Demonstrate a need for financial assistance
• Be eligible to receive a federal Pell Grant in the first year of college
• Plan to enroll full time at an accredited higher education institution in the pursuit of a bachelor’s degree in the fall directly following high school graduation
• Earn a minimum of a 2.4 GPA

Jack Kent Cooke Scholarship 

Amount: up to $40,000 per year

Deadline: October 30

Eligibility: 

• 3.5 Minimum GPA
• Must currently be in high school
• Demonstrate unmet financial need

Taco Bell Live Mas Scholarship 

Amount: $25,000

Deadline: January 20

Eligibility: 

• Aged between 16 and 24 years old

Niche No Essay Scholarship

Amount: $2,000

Deadline: Rolling monthly

Eligibility: 

• Must be attending a 2-year or 4-year college or university or trade/technical school

Scholarship Points $10,000 Scholarship

Amount: $10,000

Deadline: Quarterly

Eligibility: 

• Must be a student – that’s it!

Flinn Scholars Program

Amount: full tuition!

Deadline: October 4

Eligibility: 

• Be a U.S. citizen or lawful permanent resident (Green Card holder) by time of application;
• Be an Arizona resident for two full years immediately preceding entry to the university.
• Attain at least a 3.5 grade-point average (unweighted);
• Rank in the top 5 percent of their graduating class (if the school reports class rank);
• Participate and demonstrate leadership in a variety of extracurricular activities

ROTC Scholarships 

Amount: Varies

Deadline: Varies

Eligibility: 

• Must be a U.S. citizen
• Must be at least 17 years of age
• Must have at least a 2.5 GPA (3.0 for Air Force ROTC)
• Must meet minimum SAT and/or ACT requirements
• Must have a high school diploma
• Must meet prescribed physical fitness standards

Don’t Text and Drive Scholarship 

Amount: $1,000

Deadline: September 30

Eligibility: 

• You must be a high school freshman, sophomore, junior, or senior or a current or entering college or graduate school student of any level. 
• Homeschooled students are also eligible. 
• There is no age limit.

Be Bold Scholarship 

Amount: $25,000 

Deadline: Rolling

Eligibility: 

• Students at any education level, school, field of study, and GPA will be considered.

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First off, if you are in high school and you have even a remote idea of the field that you want to pursue in college and a subsequent career path beyond that, then you are already one step ahead of the game!  Remember, it is totally okay to not have any idea (or a full idea) of what you might want to pursue. But, having some inkling certainly makes your life a lot easier because it gives you more time to plan and strategize in terms of options for college and potential graduate school, as well as keeping in mind the double importance of applying for scholarships to cover all that tuition. 

If you have any gut feeling that you might want to pursue a career in business (and maybe even go to graduate school), here are a few key tips and things you should keep in mind:

Make sure that whatever colleges you are applying to have a strong business program. 

Even if you are not totally sure what area you might want to go into, if you look at schools that rank highly in terms of their overall business school program, then this can give you the peace of mind that whatever major you choose will give you the education you deserve. 

Do some research early on about whether or not it might make sense to continue on to get an 

MBA after completing your undergraduate degree.

Getting an MBA is something that is certainly not required if you pursue an undergraduate degree in a business major, however, depending on what your major is, getting that extra qualification could be an important stepping stone to help you establish yourself in that field. Try to do some research on this as early as you can, because this can definitely impact your choice for where you complete your undergraduate degree if cost is something that matters to you. 

Plus, many schools offer MBA programs that can act as an extension of your undergraduate program, so this is something else to consider which might impact your choice for where you obtain your bachelor’s in business. 

Know that your GMAT scores are valid for 5 years.

This is a great thing! Because the scores for the GMAT (the exam that most students must take as a part of their MBA applications) last for so long, this means that you can attempt to be strategic in terms of when you want to start studying for it. 

Maybe one semester in your junior year of college you have a slightly smaller course load; this would be an ideal time to perhaps get acquainted with the exam and start studying, because it would lessen the burden and pressure of doing it later on during a more stressful semester. 

Regardless of whether or not you know if you want to pursue an MBA, you should still be applying for scholarships. 

As a high-school student, you should definitely be hopping on the applying-for-scholarships wagon! Not only can you get started with trying to earn money and chip away at your undergraduate degree costs, but if you get into a rhythm of searching and applying early on, then it will be much easier to keep up once you get to college and have to potentially look forward towards graduate school. If you are relatively new to the scholarship game, check out this list of great scholarships high school seniors should apply for.  

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If you are searching for scholarships for high school juniors,  you get a head start getting more familiar with the process and if you end up getting a scholarship, it might affect your decision on which colleges to apply to.  Believe it or not, there are quite a few scholarships out there that are targeted to high school juniors just like you.

It should come as no surprise though that scholarships for high school seniors are more readily available.  Again, don’t wait till you start your college application to start your scholarship search- start the process early.  There is no reason why you can’t take some time the summer before you senior year and really start digging in and applying to as many scholarships that you are eligible for.

You also want to stay organized, that’s why we recommend using a scholarship tracker to keep your scholarship applications in order.

As the saying goes, “The early bird gets the worm” – or the scholarship in this case!

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The winner will be determined by random drawing and then contacted directly and announced on their website. As you know, medical school is expensive and many medical school scholarships require lengthy essays or special circumstances. This medical school scholarship is one of the easy ones!

To enter the scholarship, you can visit, MCATPrephub.com.

If you are still looking for additional easy scholarships to fund your medical school endeavors, be sure to check out out list of the Top 15 scholarships.

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The winner will be determined by random drawing and then contacted directly and announced on their website. Law School is expensive and many law school scholarships require lengthy essays or special circumstances. This scholarship is one of the easy ones!

To enter the scholarship, you can visit, LSATPrepCourses.org.

If you are still looking for additional private scholarships to fund your law school endeavors, be sure to check out out list of 15 easy scholarships.

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