You can never prepare too early for Nationally Competitive Scholarships. It may take time to meet and exceed the standards put forth by that specific scholarship, such as GPA, research and leadership experience, and community service. For undergraduate scholarships, we recommended that you start planning during your sophomore year. However, plenty of opportunities also exist if you are a junior, a senior or a graduate student. These scholarship options include research fellowships, grants, and scholarships to support future or existing graduate study.