We look for values in our beneficiaries that a transcript alone cannot show: firm commitment to character, service and leadership; breadth in academic and extra-curricular interests; and entrepreneurship, strongly developed inner-directedness and a high level of personal autonomy. We select 30 Loran scholars annually, 15 of whom are Weston Loran scholars. Each scholar receives a renewable award comprising an $8,000 living stipend matched by a tuition waiver from a partner university. We also grant more than 80 one-time entrance awards each year.

Loran Awards include mentoring and a summer program. We pair each Loran scholar with a mentor who challenges, advises and encourgages the scholar. Each university assigns a staff member as a resource, and the scholars support each other through their own organization, the Loran Scholars' Association. We also provide grants up to $7,500 for scholar-initiated summer experiences. We expect scholars to use these opportunties to broaden and enrich their academic studies.

We welcome Loran scholars into an extended family of volunteers, donors, staff, fellow scholars and alumni. We know the value of these connections and take care to nuture them.