The Broad Prize is an annual $1 million award that was created by The Broad Foundation to honor urban school districts that demonstrate the greatest overall performance and improvement in student achievement, while at the same time reducing achievement gaps across ethnic groups and between low-income and non-low-income students.
Although The Broad Prize recognizes urban school district efforts on the whole, the beneficiaries of The Broad Prize funds are the students themselves. The Broad Prize winner receives $550,000 in college scholarships for graduating high school seniors, and the finalist districts each receive $150,000 in college scholarships.
Graduating seniors from Broad Prize winning and finalist districts are eligible for two- or four-year scholarships, depending on the type of higher education institution they choose to attend. Students who enroll in four-year colleges receive $20,000 scholarships paid out over four years ($5,000 per year). Students who enroll in two-year colleges or technical programs receive $5,000 scholarships paid out over two years ($2,500 per year).
The Broad Prize scholarship program is administered by Scholarship America.
Click here for a link to the online application.
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