Metro guide
The Memphis metro area covers Shelby County and DeSoto County in Tennessee, Mississippi and Arkansas, with principal cities including Memphis, Germantown, Collierville and Southaven. We found 2 open scholarships whose official rules name a place in this area; the next to close is Community Foundation of Greater Memphis Scholarships (High School Seniors) on Apr 1, 2027.
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Updated
The IRS lists 2 community foundations with at least $1 million in assets based in the area’s principal cities; the largest is Community Foundation of Greater Memphis Inc in Memphis ($953 million in assets). Community foundations hold hundreds of small donor-funded scholarships, often limited to graduates of specific high schools or residents of one county, and many use a single shared application each winter.
Statewide, 10 more open awards are limited to Tennessee, Mississippi and Arkansas residents, and state aid includes Arkansas Academic Challenge Scholarship, Mississippi Tuition Assistance Grant (MTAG) and Tennessee Student Assistance Award (TSAA). Federal Pell Grants stack on top for students who file the FAFSA.
Where local money hides: ask your school counselor for the local scholarship bulletin (many high schools keep one), check employer and union awards from your parents’ workplaces, and look at service clubs (Rotary, Kiwanis, Lions) and credit unions near you. These awards rarely appear on national sites, which is why their applicant pools are small.
Mostly students from Shelby County, Tennessee, who plan to attend an accredited two- or four-year college or a vocational/technical school. Each fund sets its own criteria.
Adult learners, mostly from Shelby County, Tennessee, attending an accredited two- or four-year college or a vocational/technical school. Each fund sets its own criteria.
$2,000 first year, rising to $5,000 in year 4 at four-year schools; plus need-based Challenge PLUS
Official page ↗Up to $500/yr (freshmen & sophomores), up to $1,000/yr (juniors & seniors)
Official page ↗Up to $4,000 at private colleges; $2,000 at public colleges (2026–27)
Official page ↗Tennessee high school seniors (Class of 2027) planning to attend an eligible Tennessee community college, technical college (TCAT) or other eligible institution offering an associate degree program.
Arkansas high school graduates (or residents of the last three years) without an associate degree who enroll in a STEM or state/regional high-demand certificate or associate program at an Arkansas public institution.
High school seniors no older than 20 on Aug 1, 2027, living in AL, AR, DE, FL, GA, IL, IN, IA, KS, KY, LA, MD, MS, MO, NE, NJ, NY, NC, OH, OK, PA, SC, TN, TX, VA, WV or DC; financial need is a major factor.
Arkansas National Guard members and their dependents; the applicant or sponsor must be a current member of NGAA or EAANG.
Arkansas graduating high school seniors with a 32 ACT composite/superscore or 1410 SAT and a 3.5 cumulative GPA.
High school seniors and graduates (up to two years out) from high schools in Ozarks Electric's service territory, for the Arkansas State University–Newport High Voltage Lineman Technology program.
Arkansas high school seniors graduating with a Diploma of Distinction or an associate degree earned in high school, plus the top-scoring Academic Challenge applicant in counties without a Governor's Distinguished Scholar.
Dependents and spouses of Arkansans killed or missing in action, POWs, Medal of Honor or Purple Heart recipients, or permanently and totally disabled through military service; also families of law enforcement officers, firefighters and other public servants killed or disabled in the line of duty.
Mississippi residents (one year before high school completion) entering college with at least a 3.5 high school GPA and the required ACT score, enrolling full-time at an eligible Mississippi college.
Arkansas high school, home school or GED graduates (or out-of-state graduates living in Arkansas for the last year) enrolling in high-demand workforce training in advanced manufacturing, construction trades, healthcare, IT, or logistics/transportation.
Full Tennessee guide → · Full Mississippi guide → · Full Arkansas guide → · All community foundations
Yes. 2 open scholarships on this site name a city or county in the Memphis area, and the IRS lists 2 community foundations based there.
Donors set up funds with rules such as a specific high school, county, major or need. The foundation advertises them together, usually with one online application each winter or spring, and matches applicants to every fund they qualify for.
Arkansas Academic Challenge Scholarship, Mississippi Tuition Assistance Grant (MTAG) and Tennessee Student Assistance Award (TSAA). Most require the FAFSA.