One of the highest-paying scholarships is the National Merit Scholarship. It’s the best scholarship high-school students can earn if they’re among the top-scoring PSAT test-takers. This test can be taken in freshman, sophomore, or junior year of high school.
Another great option is the Gates Millennium Scholarship Program, which offers approximately $12,785 per student each year. The Coca-Cola Scholars Foundation offers several awards, ranging from $1,000 to $20,000. Other highest-paying scholarships and programs include the Foot Locker Scholar Athletes and Dell Scholars Program.