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Milken Scholars Program
by Milken Family Foundation and the Milken Institute · Any accredited four-year college or university in the United States
🕐 Last updated: June 18, 2026
💛 Partial Funding 🟩 Active 🎓 Undergraduate (High School Seniors) 🌍 United States 📌 Merit-based and Need-aware
75%
Match
6%
Win Rate
9/10
Effort
7/10
Reward
60-80 hrs
Time Needed
Award
$8,000 total ($2,000 per year for four years)
Duration
4 years
Deadline
Varies by region: Mid-November for NYC/DC and February for Los Angeles
Level
Undergraduate (High School Seniors)
Acceptance
Estimated at less than 3%
Difficulty
Extremely High
Quick Summary

Milken Scholars Program is a partial funding scholarship offered by Milken Family Foundation and the Milken Institute for students pursuing studies in United States. The award covers Recipients receive an $8,000 cash award, a dedicated mentor, admission to the annual Milken Scholars Summit, and a permanent support network of professionals and peers. and is open to undergraduate (high school seniors) students studying all fields of study. The scholarship runs for 4 years and may be renewed annually based on academic performance. Eligibility is generally based on high-achieving seniors with a minimum 3.6 GPA who demonstrate exceptional leadership, community service, and have overcome significant obstacles. The application deadline is Varies by region: Mid-November for NYC/DC and February for Los Angeles, with an acceptance rate of approximately Estimated at less than 3%. Competition for this scholarship varies year to year, so early preparation of required documents is recommended.

✨ Should I Apply for Milken Scholars Program?
Instant AI-powered application intelligence
75%
Eligibility Match
6%
Win Probability
9/10
Difficulty
7/10
Reward Score
60-80 hrs
Time Required
Very Low
Competition
🌍 Overview
💰
Award Amount
$8,000 total ($2,000 per year for four years)
Duration
4 years
📅
Deadline
Varies by region: Mid-November for NYC/DC and February for Los Angeles
🌎
Fields
All fields of study
🏆
Awards/Year
Approximately 30-50 per year
🌏
Study Country
United States
🏛️
Provider
Milken Family Foundation and the Milken Institute
📊
Acceptance
Estimated at less than 3%
The Milken Scholars Program honors exceptional young people who have demonstrated the potential to make a significant contribution to the world. It provides a financial award combined with a life-long network of professional and personal support, including mentorship and career counseling.
👥 Who Should Apply
High-achieving seniors with a minimum 3.6 GPA who demonstrate exceptional leadership, community service, and have overcome significant obstacles.
🏛️ Host University
Any accredited four-year college or university in the United States
🤝 Sponsor
Milken Family Foundation
🌎 Fields of Study
All fields of study
✨ Key Benefits
Recipients receive an $8,000 cash award, a dedicated mentor, admission to the annual Milken Scholars Summit, and a permanent support network of professionals and peers.
🎯 Target Students
High-achieving students from diverse backgrounds in specific geographic regions
🏷 Tags
Undergraduate Leadership NYC LA DC Mentorship First-Generation Financial Need
📊 Statistics & Competitiveness
Varies (Thousands of applicants across the three eligible regions)
Applicants Last Year
Approximately 45
Winners
Estimated at less than 3%
Acceptance Rate
Very Low
Competition Level
Win Probability
6%
Match Score
75%
Competition
50%
💸 Funding Breakdown
Tuition
No (stipend can be applied toward tuition or other expenses)
Living Stipend
No (stipend is flexible for educational costs)
Total Award
$8,000 total ($2,000 per year for four years)
✈️ Travel: Yes (Covers travel and lodging for the annual Milken Scholars Summit) 🏠 Accommodation: No 💊 Health Insurance: No 🔄 Renewable: Yes 💳 App Fee: $0 (Free to apply)
🎓 Tuition Coverage
No (stipend can be applied toward tuition or other expenses)
🏠 Living Stipend
No (stipend is flexible for educational costs)
🏡 Accommodation
No
✈️ Travel Allowance
Yes (Covers travel and lodging for the annual Milken Scholars Summit)
💊 Health Insurance
No
🎁 Other Benefits
Lifelong mentoring, professional development, internship assistance, career counseling, and access to a global network of scholars.
🔄 Renewable
Yes
📋 Renewal Conditions
Must maintain a high GPA and actively participate in Milken Scholars Program events and community requirements.
Eligibility Requirements
🌍 Eligible Nationalities
Graduating high school seniors residing in Los Angeles County, New York City, or Washington D.C. Must be a U.S. citizen or permanent resident.
🎓 Academic Level
Undergraduate (High School Seniors)
📊 Minimum GPA
3.6 (unweighted)
🗣️ English Requirement
Proficiency required (Native or equivalent)
🍢 Age Limit
High school senior age (typically 17-19)
💼 Work Experience
Not required, but community service and extracurricular leadership are mandatory
🏆 Leadership
High (applicants must show significant leadership roles and community impact)
💰 Financial Need
Yes (financial need is a significant factor in the selection process)
🎯 Target Students
High-achieving students from diverse backgrounds in specific geographic regions
📝 Application Requirements
Essay / SOP
Yes
Rec Letters
Yes (Typically two letters of recommendation)
Interview
Yes (Finalists must undergo a personal interview)
Application Fee
$0 (Free to apply)
Documents Required
  • Academic Transcripts
  • Passport / National ID
  • Yes (Typically two letters of recommendation) Recommendation Letters
  • CV / Resume
  • Personal Statement / Essays
  • Proficiency required (Native or equivalent)
  • Interview: Yes (Finalists must undergo a personal interview)
  • Min GPA: 3.6 (unweighted)
📋 Application Process
Emphasize your resilience and how you have contributed to your community. The committee looks for 'Scholars' who are also 'Leaders' and 'Servers'.
💡 Insider Tip: Ensure your personal statement highlights a specific obstacle you overcame and how that shaped your career aspirations.
🗾️ Application Roadmap
1
Research eligibility and gather requirements
Start Early
2
Collect all required documents
Start Early
3
Request recommendation letters early
4
Write compelling essays and personal statement
⚠ High Risk Stage
5
Submit complete application before deadline
6
Await shortlisting and attend interview if required
⚠ High Risk Stage
📅 Key Dates & Timeline
📅 Opens
September
⏰ Deadline
Varies by region: Mid-November for NYC/DC and February for Los Angeles
🎤 Interview
Yes (Finalists must undergo a personal interview)
🎓 Study Starts
Autumn of the following academic year
September
Applications Open
Gather documents and begin essays
Varies by region: Mid-November for NYC/DC and February for Los Angeles
Application Deadline
Submit complete application - no late entries
Yes (Finalists must undergo a personal interview)
Shortlisting and Interview
Selected candidates invited for interview
After results
Award Announced
Successful applicants notified
Autumn of the following academic year
Studies Begin
Commence degree at host institution
⚖️ Selection Process
📋 Selection Criteria
Academic performance, leadership ability, community service, and participation in extracurricular activities.
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Frequently Asked Questions
High-achieving seniors with a minimum 3.6 GPA who demonstrate exceptional leadership, community service, and have overcome significant obstacles.
This scholarship covers: Recipients receive an $8,000 cash award, a dedicated mentor, admission to the annual Milken Scholars Summit, and a permanent support network of professionals and peers.. Coverage may vary β€” check the official website for exact details.
The deadline is Varies by region: Mid-November for NYC/DC and February for Los Angeles. Always verify with the official website as dates may change annually.
Competition level: Very Low. Acceptance rate: Estimated at less than 3%. Strong academic record and clear motivation are essential.
Yes
Typically required: academic transcripts, passport, Proficiency required (Native or equivalent), Yes (Typically two letters of recommendation) recommendation letters, CV, personal statement/motivation letter. Check official website for the complete list.
🌎 Official Information
🕐 Last updated: June 18, 2026
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