Details about UB's Presidential Scholarship?

I'm eyeing the University at Buffalo, and the Presidential Scholarship got my attention. Can someone familiar with it provide some details? Like prerequisites, benefits, and application procedures maybe?

The Presidential Scholarship at the University at Buffalo (UB) is a distinguished and competitive scholarship designed for undergraduate students displaying outstanding academic merit. This is one of the most lucrative awards available and it truly shows UB's commitment to attracting and supporting talented students.

For prerequisites, the scholarship typically emphasizes strong academic performance. Although UB doesn't list specific cut-off GPA or test scores for consideration, recipients generally fall within the top 10% of the freshman class, translating to a high GPA and formidable standardized test scores. However, keep in mind the exact requirements may differ from year to year. Students must also be residents of the state of New York.

The Presidential Scholarship usually covers full tuition, comprehensive fees (including the international student fee, if applicable), housing, board, books, the full cost of an on-campus meal plan, and the cost of compulsory health insurance provided by the university. Additionally, recipients get $500 every year for personal expenses. It's important to note that the scholarship is renewed each year for 4 years (5 years for approved five-year programs), provided the student maintains the required GPA and full-time status in the University Honors College.

As for the application procedure, all applicants who apply for admission by the priority deadline are automatically considered for the scholarship. There is no separate application. Finalists may be invited for an interview, which can be done in person or virtually.

Remember that this information might change from year to year, so it's always a good idea to verify these details from the official UB website or by contacting the UB Scholarship and Financial Aid office directly. In any case, if you pursue this scholarship, make sure your application showcases your academic achievements and potential to stand out among several talented applicants. Good luck!