Goldman Sachs Scholarship for Excellence

$10,000–$15,000Award Amount
1Number of Awards
1/1/2023Submission Deadline

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Goldman Sachs is a multinational investment bank and financial services company. The company was founded in 1869 by Marcus Goldman and Samuel Sachs and is currently headquartered in New York City.

The company ranks second on the list of investment banks in the world by revenue and 59th on the Fortune 500 list of the largest United States corporations by total revenue. For over 150 years, the company has evolved with the purpose to advance sustainable economic growth and financial opportunity.

To promote diversity, Goldman Sachs annually awards up to $15,000 to Black, Latinx/Hispanic, and Native American undergraduate juniors and sophomores pursuing summer internships at the company.

Key Information of Goldman Sachs Scholarship for Excellence

Study Details

Area of Study


Country of Study

  • Canada
  • United States

Specific Schools


Scholarship Details

Intended Level of Study


Award Amount


Number of Awards


Goldman Sachs Scholarship for Excellence Timeline

November 2022

Application Opening Date

Applications open on November 1.

January 2023

Submission Deadline

The submission deadline is on January 1.

March 2023

Award Announcement Date

Winners are announced on March 1.

Scholarship Eligibility

To be eligible to apply, applicants must meet the following criteria.

  • Eligible Grade: College Sophomore – College Junior
  • Maximum Age: Any
  • Required GPA: Any
  • Geographic Eligibility: Canada, United States
  • Gender: Any
  • Race/Ethnicity: Black, Hispanic, Native American

Application Requirements

Here’s what you need to submits besides your application.

  • Essay
  • Video Submission
  • Special Project

How to ace the Goldman Sachs Scholarship for Excellence


Stick to the limits

You are required to submit either a 450-word essay, a two-minute video or a three-page slide presentation as part of your application. Whichever one you choose, stay within the limit.


Do your research

Learn as much about the firm as you can. Visit their website for interview tips and familiarize yourself with the firm's business principles.


Complete your candidate profile

Applicants for the scholarship are required to create candidate profiles on the firm's events portal. You are encouraged to complete 100% of your candidate profile, filling out all fields to be considered for the scholarship.


Submit scholarship applications alongside internship applications

Scholarships will be awarded to applicants subject to the status of their internship application. You are encouraged to submit both at the same time to increase your chances of being considered for a scholarship.

How the Goldman Sachs Scholarship for Excellence is Judged

This scholarship is awarded to Black, Hispanic, and Native American students who embody the business principles of the Goldman Sachs Group. These principles are fundamental to the group's success and set the standard for everything they do.

Why We Love the Goldman Sachs Scholarship for Excellence


Students intern at their preferred division

Students may select their preferred firm division for an internship. There are up to fifteen divisions to choose from, including legal, engineering, finance, asset management, and more.


Students from all majors may apply

Students from all majors may apply for the scholarship. Applicants will not be considered based on their course of study at the university.


Disability accommodation for applicants

Goldman Sachs is an equal opportunity employer / affirmative action employer. The firm provides reasonable accommodation for qualified applicants with disabilities.

5 Facts About Goldman Sachs Scholarship for Excellence


Junior recipients receive more than sophomores

College sophomores can only receive up to $10,000 when they apply for this scholarship, however, college juniors may be awarded up to $15,000.


Scholarships are awarded upon internship commencement

The scholarship recipients will receive funds to cover their tuition and academic expenses upon the commencement of the internship program.


The firm offers other scholarship opportunities

Students, who do not qualify for this scholarship, have the opportunity to apply for various other Goldman Sachs scholarships and internships.


Great alumni network

The firm keeps up with its past interns and employees through the alumni network; stories of notable and influential alumni are also featured in the firm's alumni spotlight.


Great employee benefits

The firm offers its workers great benefits such as health services, on-site child care centers, flexible working, and more depending on the office location.

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