This snapshot pulls from CollegeWhale’s scholarship database and planning tools to show how many scholarships are available for Psychology majors, the total dollars listed, and how early-career pay compares to typical college costs.
We currently list 9 active scholarships tied to Psychology programs, sourced from professional groups, nonprofits, and private sponsors. New awards are added regularly.
The scholarships currently listed total approximately $72,900 in advertised award value. Many programs offer renewable or variable awards, so available funding may be higher over time.
Early-career median pay for Psychology graduates is about $70,000 per year. We estimate a typical 4-year net college cost around $108,584.
That means first-year earnings are roughly 64% of total college cost, with an estimated payback period of 1.6 years (before taxes and living expenses).
The average cost of in-of-state college in the United States is $27,146 per student per year, including books, supplies, and daily living expenses. Out-of-state students pay $45,708 per year. Private, nonprofit university students pay $58,628.
According to data provided by educationdata.org as of 8/2025. Our ROI calculation is based on in-state average tuition. Median pay statistics are provided by bls.gov
The CollegeWhale Scholarship FastFind™ makes it easy to discover the best Psychology scholarships — fast. Filter by award amount, deadline month, and estimated time to apply, then instantly download your personalized list. No sign-ups, no personal info, no spam — just real, verified scholarships.
The Letters to Strangers Mental Health Scholarship is designed to support students and individuals who are actively engaged in mental health advocacy, education, or personal growth. Offered by Letters to Strangers (L2S), a global youth-run nonprofit organization, this scholarship aims
Award: $3,000 Deadline: Rolling Est. Application Time: Low (13 min)The Roy Scrivner Memorial Research Grant was established to support research that explores the experiences of LGBTQ+ individuals, particularly in the context of family life, relationships, and therapy. The purpose of this grant is to advance scientific understanding of the
Award: $10,000 Deadline: Rolling Est. Application Time: Low (10 min)Name: APF Trauma Psychology Grant Award Amount: One grant of $3,000. Overview: The APF Trauma Psychology Grant provides funding for graduate...
Award: $3,000 Deadline: Rolling Est. Application Time: Med (48 min)Name: APF Violet and Cyril Franks Scholarship Award Amount: One scholarship of $1,000. Overview: The APF Violet and Cyril Franks Scholarship...
Award: $1,000 Deadline: Rolling Est. Application Time: High (103 min)Name: APF Queen-Nellie Evans Scholarship Award Amount: One scholarship of $4,000. Overview: The APF Queen-Nellie Evans Scholarship supports...
Award: $4,000 Deadline: January Est. Application Time: High (103 min)Name: Beth N. Rom-Rymer Scholarships Award Amount: 9 scholarships of $5,000 each. Overview: The Beth N. Rom-Rymer Scholarships provide financial...
Award: $9 Deadline: February Est. Application Time: Med (48 min)Name: Elizabeth Munsterberg Koppitz Child Psychology Graduate Student Fellowship Award Amount: Five fellowships of $23,900 each. Overview: The...
Award: $23,900 Deadline: November Est. Application Time: Med (33 min)The Eileen J. Garrett Scholarship is a distinctive annual award dedicated to supporting students who wish to pursue the academic study of parapsychology. This scholarship is named in honor of Eileen J. Garrett, a pioneering figure in the field and
Award: $3,000 Deadline: July Est. Application Time: Low (13 min)The National Institutes of Health Undergraduate Scholarship Program is a highly competitive federal scholarship designed to support students from disadvantaged backgrounds who are committed to pursuing careers in biomedical, behavioral, or social science health-related research. Administered by the The National
Award: $20,000 Deadline: March Est. Application Time: Low (28 min)This comprehensive collection of Psychology scholarships and grants for the 2026 - 2027 school years, curated from our regularly updated databases. To explore all available scholarship matches, visit our Scholarship Database and Grant Database, which both offer easy-to-use filters, current deadlines, and detailed eligibility information to help you discover the best Psychology scholarship opportunities.
Students pursuing degrees in psychology can apply for a wide range of scholarships and grants from universities, professional associations, nonprofit foundations, and private donors. These programs support future psychologists, counselors, researchers, and mental health professionals who are committed to advancing human understanding and well-being.
Psychology is a broad field with many specializations, including clinical psychology, counseling, developmental psychology, school psychology, industrial-organizational psychology, forensic psychology, and behavioral neuroscience. Because of this diversity, students can find funding options designed for both general psychology majors and those pursuing specific concentrations or research interests.
CollegeWhale Tip: The easiest way to avoid “generic scholarship copy” is to pick a focus and stick to it in every application. Choose one or two areas (clinical mental health, child development, neuro, school psych, etc.), then tie your coursework, volunteering, and research to that theme.
Use this as a “what should I apply for first?” shortcut. Then use the sections below for details.
| If You Are… | Best-Fit Scholarships | What They Usually Emphasize |
|---|---|---|
| Undergraduate psychology major | Psi Chi scholarships & grants, university department awards, conference travel awards | GPA, involvement in the major, service/leadership, early research or lab work |
| Graduate student (master’s or doctoral) | APA- and APF-aligned scholarships, specialty research awards, graduate fellowships | Research plan, faculty support, academic performance, clinical or community impact |
| Focused on diversity + mental health equity | APA Minority Fellowship Program and related diversity-focused awards | Commitment to underserved communities, culturally informed practice, leadership |
| Women in psychology | APA women-focused awards, Jeannette Rankin (nontraditional), other women’s foundations | Persistence, purpose-driven goals, leadership, barriers overcome |
| High school senior planning to major in psychology | Research/innovation competitions and select early-college scholarships | Original work, academic excellence, measurable initiative or impact |
The APA Graduate Student Scholarship provides financial support for graduate students enrolled in accredited psychology programs. It is designed to assist future psychologists who have demonstrated academic excellence and a strong commitment to research, clinical practice, or community service in psychology.
This type of award can also strengthen a student’s profile for competitive internships, fellowships, and advanced training.
The Psi Chi Scholarship is available to members of the International Honor Society in Psychology who demonstrate strong academic performance and service to the field. Psi Chi offers a variety of support, including scholarships, research grants, and travel awards for conferences.
In addition to the money, Psi Chi awards often provide recognizable credential value on graduate school and job applications.
Several programs provide dedicated financial aid for women studying psychology. These scholarships promote representation within the profession, especially in research, counseling, and leadership roles.
The American Psychological Foundation (APF) Graduate Student Scholarship supports graduate students who show strong potential for psychological research. APF awards can cover many areas of psychology, including developmental, clinical, cognitive, social, and health psychology.
CollegeWhale Tip: For research-based scholarships, write a proposal you can reuse. Keep a “core” 1–2 page project summary (question, method, why it matters, expected outcomes). Then tailor the intro and impact paragraph to match each scholarship’s mission.
High school students planning to major in psychology can find early opportunities that recognize academic potential and interest in human behavior.
The APA Minority Fellowship Program provides financial assistance and mentorship to psychology graduate students from underrepresented backgrounds. The program’s goal is to strengthen culturally informed mental health services and improve outcomes in diverse communities.
Students focused on clinical mental health and counseling can look for targeted awards that support training in therapy, clinical practice, and behavioral health.
Private foundations and corporate programs sometimes include psychology students, especially when the scholarship is tied to health, service, or first-generation support.
Universities frequently offer scholarships specifically for psychology majors. These can be some of the best odds because fewer students apply compared to national awards.
CollegeWhale Tip: Ask your department for a list of “small internal awards” and “student travel funds.” These are often the easiest wins, and stacking a few smaller awards can beat a single big scholarship.
Data & content oversight by Lauren Nichols
Co-Founder of CollegeWhale, specializing in scholarship data systems and financial aid research.