Hey guys, does anyone know how much funding the Gates Scholarship provides? Is it different for everyone, or is there a set amount?
The Gates Scholarship is a highly selective, full scholarship that covers students' unmet need for their full-time undergraduate studies. The actual amount of funding received may vary depending on each student's unique financial situation and needs. It takes into account other sources of funding, such as federal grants, state grants, and institutional financial aid.
The scholarship is designed to cover the total cost of attendance (which includes tuition, fees, room, board, books, and transportation) minus any other financial aid students receive. This means that the scholarship will cover any remaining costs that your financial aid package does not cover, allowing you to attend college without worrying about the financial burden.
Please note that the Gates Scholarship is renewable each year, provided that the recipient meets satisfactory academic progress and other eligibility requirements. Additionally, the scholarship is limited to undergraduate studies only and does not cover graduate or professional programs.
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