Soaring demand for scientists to analyze the 2.5 quintillion bytes of data created daily has ignited an increase in scholarships for data science and big data.
Data science is an interdisciplinary STEM field that is offering bachelor’s to doctoral degrees focused on extracting knowledge from volumes of collected data during research. Labeled the 16th highest-paying job in demand by Glassdoor, data science will face a shortage of up to 190,000 professionals by 2018. Studying big data can prepare you for abundant positions like data analyst, database administrator, data architect, data engineer, analytics consultant, and quantitative analyst.
Turn your love for numbers into dollar signs by applying for some of the following money-saving data science scholarships.
1. ACM SIGHPC/Intel Computational & Data Science Fellowship
Deadline: April 30th
The Association for Computing Machinery’s (ACM) Special Interest Group on High Performance Computing (SIGHPC) partners with Intel to provide the Computational & Data Science Fellowship worth $15,000 annually to master’s or doctoral students conducting research with large-scale big data. Eligible nominees will be females or members of racial minority groups who have completed less than half of their computing degrees at accredited U.S. colleges.
ACM SIGHPC/Intel Computational & Data Science Fellowship
2 Penn Plaza, Suite 701
New York, NY 10121
2. Acxiom Corporation Diversity Scholarship
Deadline: December 31st
As a publicly traded marketing analytics firm founded in 1969, Acxiom Corporation proudly began the Diversity Scholarship Initiative to award $5,000 yearly to nine full-time college students majoring in computer science, information systems, data science, statistics, math, information quality, and related fields. Eligibility criteria requires attaining at least junior status, belonging to a historically underrepresented group, achieving a minimum 3.0 GPA, and agreeing to internships at Acxiom offices.
Acxiom Corporation Diversity Scholarship
301 E. Dave Ward Drive
Conway, AR 72032
3. Bill Caspare Memorial Diversity Scholarship
Deadline: July 14th
Valued at $10,000, the Bill Caspare Memorial Diversity Scholarship was initiated by The Collective, LLC, in 2015 to nudge undergrads and post-grads into careers for new media, digital advertising, or data science. It’s reserved for diverse applicants who are Black, Asian, Hispanic, Native American, multiracial, or LGBTQ. Students must also be U.S. citizens or green card holders, study full-time, finish 60+ college credits, uphold a minimum 3.25 GPA, and submit three references.
Bill Caspare Memorial Diversity Scholarship
250 Hudson Street, 4th Floor
New York, NY 10013
4. CA Technologies Fellowship for Women
At the University of Vermont, the CA Technologies Fellowship for Women is one of the most lucrative big data scholarships that’s covering full tuition up to $14,670 per semester for outstanding post-bachelor’s females pursuing the M.S. in Complex Systems and Data Science. Engagement in CA’s Tech Girls Rock Initiative and the Anita Borg Institute for Women is included. Qualified fellows will be creative thinkers, great communicators, and high-achievers with a minimum 3.0 GPA.
CA Technologies Fellowship for Women
33 Colchester Avenue
Burlington, VT 05405
5. Daniel Larose Scholarship for Data Mining Excellence
Deadline: April 2nd
Named for the Department of Mathematical Sciences’ professor, the Daniel Larose Scholarship for Data Mining Excellence confers $4,000 annually, or $2,000 per semester, to post-grads at Central Connecticut State University who excel in the M.S. in Data Mining program. Big data lovers must have finished 12+ master’s credits, been graded “B” or better for Stat 520-Stat 527, exhibited strong performance as graduate assistants, and reached a cumulative 3.5 GPA.
Daniel Larose Scholarship for Data Mining Excellence
1615 Stanley Street
New Britain, CT 06050
6. Fisher Family Fund Fellowship Program
Deadline: May 15th
Endowed by Tom and Judy Fisher, the University of North Carolina-Charlotte’s Fisher Family Fund Fellowship Program opens each Spring to grant $2,000 to extraordinary graduate students in the College of Computing and Informatics who are obtaining the Professional M.S. in Data Science and Business Analytics. Eligible Niners must be U.S. citizens, permanently live in Charlotte, have a GPA between 3.74 and 4.00, demonstrate financial need, and take 6+ credits per term.
Fisher Family Fund Fellowship Program
9201 University City Blvd.
Charlotte, NC 28223
7. GAANN PhD Fellowship in Big Data Computing Research
Deadline: November 30th
Worcester Polytechnic Institute utilizes the U.S. Department of Education’s Graduate Assistance in Areas of National Need (GAANN) Grant to deliver six PhD Fellowships in Big Data Computing Research each year with full tuition coverage and $34,000 stipends. Recipients must pursue the Doctor of Philosophy in Data Science full-time, be federal aid eligible under 34 CFR75.60, present exceptional academic records, have financial need, and possess data analytics skills.
GAANN PhD Fellowship in Big Data Computing Research
100 Institute Road
Worcester, MA 01609
8. HIMSS Minnesota Graduate Health IT Scholarship
Deadline: April 1st
Searching scholarships for data science and big data in health care? The HIMSS Minnesota Chapter confers the Graduate Health IT Scholarship for $1,500 to master’s and $2,000 to doctoral students who are pursuing quantitative-based health informatics programs, including data analytics or data science. Eligible full- or part-time graduates with a bachelor’s degree and minimum 3.0 GPA must reside in Minnesota, Wisconsin, Iowa, North Dakota, or South Dakota.
HIMSS Minnesota Graduate Health IT Scholarship
33 West Monroe Street, Suite 1700
Chicago, IL 60603
9. Ike Wai Graduate Scholarship Program
Deadline: February 1st
Funded by the NSF, the Ike Wai Graduate Scholarship belongs to the EPSCoR Hawaii Program to provide $29,148 annually to full-time graduate research assistants at the University of Hawaii-Manoa who are earning research-based master’s or doctoral degrees in geoscience, data science, engineering, or Hawaiian language. These two-year big data scholarships will require working 20 hours weekly at an Ike Wai research lab on projects that ensure the Aloha State’s future water security.
Ike Wai Graduate Scholarship Program
1680 East-West Road
Honolulu, HI 96822
10. INFORMS Analytics Society Student Scholarship
Deadline: February 13th
Partnered with SAS, the Institute for Operations Research and Management Sciences hosts the Analytics Society Student Scholarship Competition each Spring to provide $3,000 big data awards to college students who present compelling analytical project proposals. Winners also receive a round-trip flight, lodging, and meals for the INFORMS Annual Conference. Entrants aged 18 or older must submit a resume or vitae, two references, three short answer questions, and a five-page project summary.
INFORMS Analytics Society Student Scholarship
5521 Research Park Drive, Suite 200
Catonsville, MD 21228
11. Jack Larson Data for Public Good Fellowship
Started in January 2017, the Jack Larson Data for Public Good Fellowship is awarded by the School of Information at the University of California-Berkeley to honor the Haas Hall of Famer who received Ernst & Young’s Entrepreneur of the Year Service Award. The program will select six students pursuing the Master of Information and Data Science (MIDS) degree for the $8,500 scholarships annually. Preference is given to post-grads using big data to benefit human life.
Jack Larson Data for Public Good Fellowship
102 South Hall #4600
Berkeley, CA 94720
12. Lilly Endowment Scholarship for Data Science
Deadline: June 15th
At Saint Mary’s College, the Lilly Endowment Scholarship provides $1,000 per term for $5,000 total to outstanding male or female post-grads who are pursuing the mathematically rigorous M.S. in Data Science program. Qualified recipients must legally reside in Indiana, have graduated from an accredited Indiana college within the last 12 months, have completed two semesters of calculus, maintain a 3.0 GPA or better, and exhibit computer programming experience.
Lilly Endowment Scholarship for Data Science
339 Madeleva Hall
Notre Dame, IN 46556
13. Milliman Opportunity Scholarship Fund
Deadline: June 1st
Coordinated by Scholarship America for the Chicago Public Schools system, the Milliman Opportunity Scholarship Fund awards $5,000 yearly to minority Illinois residents of Black, Latino, American Indian, Native Hawaiian, or Pacific Islander heritage, including undocumented Dreamers. Eligibility depends on students’ admission into accredited, four-year U.S. colleges for actuarial majors like data science, data analytics, economics, statistics, mathematics, and computer science without a GPA requirement.
Milliman Opportunity Scholarship Fund
One Scholarship Way
Saint Peter, MN 56082
14. MinneAnalytics Data Science Scholarship
MinneAnalytics, a Minnesota nonprofit with more than 10,000 members, awards the Data Science Scholarship for $1,000 before selecting a grand prize winner of $5,000 in December. Administered by the Minnesota High Tech Association Foundation, the big data scholarships suit undergrads and post-grads at accredited in-state universities who are pursuing analytics careers with community engagement. Past recipients attend UM-Duluth, UM-Twin Cities, and Winona State.
MinneAnalytics Data Science Scholarship
200 SE Oak Street
Minneapolis, MN 55455
15. Portland DPMA Chapter Scholarships
Deadline: May 31st
Organized in the late 1990s, the Data Processing Management Association’s (DPMA) Portland Chapter lets college-bound high school seniors compete for one $1,000 and one $500 scholarship annually to reduce tuition at four-year Oregon or Washington institutions. Acceptable IT majors include data science, data analytics, management information systems, and computer science. Applications mailed from Oregon or Clark County are reviewed for academic merit, career potential, financial need, and recommendations.
Portland DPMA Chapter Scholarship
P.O. Box 61545
Vancouver, WA 98666
16. Remote DBA Experts to Students Scholarship
Deadline: May 1st
Since 2015, Remote DBA has provided $1,000 through the Experts to Students Scholarship to financially support high school seniors or current college undergrads who are pursuing data-focused careers with accredited training in data science, database administration, or data analytics. Interested students meeting the minimum 2.8 GPA mark must submit an online application, cover letter, and 500-word essay projecting how data access will change by 2040.
Remote DBA Experts to Students Scholarship
100 E. Broward Blvd., Suite 1700
Fort Lauderdale, FL 33301
17. Russ Peterson Technology Scholarship
Deadline: February 28th
The CUNY School of Professional Studies in Manhattan awards nearly $400,000 yearly through financial aid, including the Russ Peterson Technology Scholarship. This merit-based program supports full-time students with big data career goals who are within 30 credits of completing the B.S. in Information Systems, B.S. in Health Information Management, or M.S. in Data Analytics with a cumulative GPA above 3.0. Other options include the Eugene Walters Scholarship and Bob Martin Memorial Scholarship.
Russ Peterson Technology Scholarship
119 W. 31st Street
New York, NY 10001
18. Strong Analytics Data Science Scholarship
Deadline: June 1st
Co-founded by Northwestern PhD grads Brock Ferguson and Jacob Zweig, Strong Analytics is a Chicago-based big data company that promotes a $1,000 Data Science Scholarship each year to post-secondary students pursuing data science careers. Applicants must use publicly available datasets to choose research questions, code analysis, and create PDF presentations of under 20 slides that visualize their data findings. Projects will be judged on creativity, rigor, clarity, reproducibility, and methodology.
Strong Analytics Data Science Scholarship
19. UNCF/Alliance Data Scholarship and Internship
Deadline: February 10th
Alliance Data Systems Corporation partnered with the United Negro College Fund (UNCF) to award a $5,000 scholarship annually to minority undergrads who are attending historically Black colleges for bachelor’s majors in computer information systems, IT management, computer science, data science, and digital marketing. Selected rising juniors and seniors with a cumulative GPA of 3.0 or better will also receive stipends for summer internships in Atlanta, Plano, or Columbus.
UNCF/Alliance Data Scholarship and Internship
229 Peachtree Street NE, Suite 2350
Atlanta, GA 30303
20. William “Bill” Inmon Scholarship for Data Analytics
Deadline: April 28th
Jointly founded by Dr. Kewal Dhariwal and Wade Walker, the William “Bill” Inmon Scholarship for Data Analytics grants $2,000 each year from the Institute for Certification of Computing Professionals. Three recipients of these renewable big data scholarships will be chosen for excellence in data analytics, data mining, and data warehousing coursework at the University of Calgary. Similar ICCP funds include the James N. Snyder Memorial Award and Pat Cupoli Scholarship.
William “Bill” Inmon Scholarship for Data Analytics
2400 E. Devon Avenue, Suite 281
Des Plaines, IL 60018
Data on higher education tuition can even leave data science majors astounded. According to the Institute of College Access and Success, the average student faces $30,100 in post-graduation debt before interest. The 44 million borrowers across America share an outstanding student loan debt of $1.41 trillion for a mean default rate of 11.8 percent. Although Salary.com posts that data scientists make a median annual wage of $122,258, stomaching hefty loan bills can be challenging. Fortunately, financial aid opportunities like these scholarships for data science are growing with big data to relieve the burden.
Related resource: 30 Best Online Master’s in Data Science Degree Programs 2017