The Johnson Scholarship — a $89,000+ full ride plus a $10,000 summer stipend for up to 44 students
The Johnson Scholarship is one of the most generous merit awards in American higher education. It covers tuition and fees, housing and food, and adds $10,000 in funding for a summer experience — a grand total of more than $89,000 per year. Up to 44 incoming students receive it each year, roughly 10% of the first-year class, and the award goes to students regardless of family financial circumstances. The catch is the timeline and the competition: the deadline to apply is December 1, and there is no fallback later date. Finalists are invited to an on-campus selection event and are notified of their status in late March. Selection weighs academic achievement, demonstrated leadership, and the potential to contribute to W&L's intellectual and civic life. The $10,000 summer enhancement funds are unusually flexible — students use them for study abroad, unpaid internships, research, or W&L's distinctive four-week Spring Term Abroad. For a family staring at a $95,500 sticker, this is a transformational award, but it must be pursued deliberately and early.