Two scholarships are offered to national undergraduates and graduates. Scholarship amount and distribution depend on eligibility requirements. National Undergraduate Scholarship: - $3,000 annually up to four consecutive years until the student receives a maximum of $12,000 or graduates with a bachelor's degree, whichever comes first - Payable in equal amounts (per semester/trimester/quarter) directly to the college, university, or vocational-technical school for the purpose of defraying tuition and other fee costs (books are not to be included) Graduate Scholarship: - $3,000 per school year for up to two consecutive years until the student receives a maximum of $6,000 or graduates with a Graduate or Ph.D. degree, whichever comes first - Payable in equal amounts (per semester/trimester/quarter) directly to the college or university for the purpose of defraying tuition and other fee costs (books are not to be included)