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The Sachs FoundationFounded by Henry Sachs in 1931, The Sachs Foundation provides scholarship grants for Black African American men and women college students from Colorado.
Mr. Henry Sachs
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About The Sachs FoundationThe Sachs Foundation was incorporated as a Colorado, non-profit corporation in 1931 and since that time has helped nearly 7,000 Black, Colorado resident obtain a college education. We provide scholarships to about 200 students each year, who attend 80 educational institutions throughout the United States. We select approximately 50 new applicants per year. Our selection process starts with the BLACK/AFRICAN-AMERICAN, FIVE YEAR MINIMUM RESIDENT OF COLORADO REQUIREMENT. The Sachs Foundation endeavors to award scholarships equally to male and female applicants as reasonably determined in conjunction with the variances in cumulative high school grade point averages and financial need. We then screen all applicants for their high school, weighted, cumulative GPA. Those applicants that meet our requirements are required to attend a personal interview with the Board of Directors on a Saturday in April. The Board individually approves each grant. In 2006, the average, undergraduate grant was $4,000.00 a year. This amount could vary depending upon fund availability. The GPA cut-offs vary depending upon the number and mix of applications, the number of vacancies and the funds available for scholarships. Selection is also strongly based on demonstrated financial need, as established in the submitted financial statement, which is part of the application form. Recently the GPA cutoff is 3.6. The Sachs Foundation also has a very limited graduate grant program. Selection for a graduate grant is on a case by case basis by the Board of Directors. Only current Sachs Foundation scholarship recipients who are receiving an undergraduate grant are eligible for graduate scholarships. Selection is based on undergraduate performance, need and consideration of the applicant area of study and life goals. There is a three year window to apply after graduating from undergraduate school, but the applicant must not now or in the past be attending a graduate school. Each applicant for a graduate grant must have graduated from college and submit a graduate grant application form to the Board of Directors. Only the most promising candidates for graduate degrees are selected and we are limited to the total number of graduate scholarships allowed each year. In 2006, the graduate grant was $5,000.00 per year and can continue for up to four years if all our requirements for continuation are met.
Mr. Sachs in 1910 |
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Scholarships •• Qualifications •• Applications •• Schedule •• About Us •• Contact Us •• Home Sachs Foundation
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