The Hispanic Scholarship Fund was established in 1975 to provide financial support to Latinos wanting to pursue an undergraduate and/or graduate education. Since its inception, the Hispanic Scholarship Fund has become the most prominent higher education fund for Latinos in the U.S., and has awarded well over $300 million in scholarships over the decades. Outside organizations that are involved with the Hispanic Scholarship Fund, and award scholarships through the Fund, include the Bill & Melinda Gates Foundation, the Greater Houston Retailers Association, the Morgan Stanley Foundation, Procter & Gamble, and Telemundo.
While the scholarship awards are an important part of the Hispanic Scholarship Funds' efforts to make higher education a possibility for Latinos, the Fund also engages in outreach by producing advisory materials, holding workshops and seminars, and offering career counseling to future and current graduates. Advisory materials and workshops/seminars focus on financial budgeting while attending school and while repaying loans, as well as what's involved with preparing for collegiate admissions (e.g. filling out requisite paperwork, making a great impression during a collegiate interview, etc.). The Hispanic Scholarship Fund encourages parents to take part in these workshops and seminars. The purpose of these programs is to bring entire Latino families into the process, in order for award recipients to receive the familial support they'll need to succeed, long after the awards have been disbursed.
Scholarships offered by outside organizations and foundations via the Hispanic Scholarship Fund have specific requirements of their own, and these different sets of requirements can vary substantially from organization to organization. The official web site of the Hispanic Scholarship Fund lists all of the scholarship awards and their particular requirements in a clear and easy to understand format. The General College Scholarship, offered by the Hispanic Scholarship Fund itself, requires that Latino applicants be U.S. citizens or legal permanent residents attending a two or four year accredited institution on a full time basis.