6 Top Data Science Scholarships for 2022
Data science is one of the most sought-after disciplines in organizations. It is a field that utilizes scientific methods, processes, algorithms, and systems to make coherent knowledge and insights out of noisy, structured, and unstructured raw data.
The resultant coherent data is then used to apply knowledge and actionable insights in various ways that are beneficial to an organization. These include areas of focus in a marketing strategy, the type of demographic to reach out to in a particular campaign, or determining the best moving product in a factory for FMCGs.
The first Data Science Journal has launched 20 years ago in 2002, yet as much as data science is a young and emerging specialty, it has revolutionized how companies operate and is one of the fastest-growing roles in an organization. This means that being a Data Scientist is a role that you can take up, and with enough training and certification, you can build a great and successful career.
Data Science as a career is still young. It grew out of the fields of Statistical Analysis and Data Mining. There has therefore been a shortage of data scientists ever since, even though more and more colleges and universities have started offering Data Science degrees.
Getting an education such as a degree or certification in a specialty field such as Data Science may be expensive and hence scholarships play a huge role in giving one an opportunity to get a degree at a subsidized fee.
Let’s dive in and learn about the top 7 Data Science undergraduate and graduate scholarships.
Best Data Science Scholarships for 2022
- The ALX Data Analyst Nanodegree Programme
- Norwegian BI-International Baccalaureate Scholarship program
- Remote DBA Experts to Students Scholarship
- Acxiom Corporation Diversity Scholarship
- Africa Data Science Intensive Scholarship Program
- Oracle Developer Scholars Program
1. The ALX Data Analyst Nanodegree Programme
This is a top fully-funded scholarship programme offered and sponsored by ALX, an African Leadership Group (ALG) initiative, powered by Udacity. The programme aims to help drive career opportunities within the tech industry.
The course prepares and qualifies you for a career as a Data Analyst or Analytics Consultant by helping you learn to organize data, uncover patterns and insights, draw meaningful conclusions, and clearly communicate critical findings. You’ll develop proficiency in Python and its data analysis libraries (Numpy, pandas, Matplotlib) as you build a portfolio of projects to showcase in your job search.
The course is exclusively designed to offer career readiness services integrated within your Nanodegree Programme. It is targeted at helping you navigate your way through your career journey and help prepare you for your next step. Students are able to also engage with their peers and Career Coaches during and after the programme using Udacity’s Community Platform which allows them to not only share experiences, and knowledge, but support one another.
Eligibility and Prerequisites:
- To qualify for selection, a prospective student must meet the following criteria:
- Proficiency in spoken and written English
- Have basic computer skills
- Be between the ages of 18 to 35 years old
- The nationalities of applicants must be Nigerian, Ghanaian, South African, Kenyan, and Rwandan
- One must have knowledge and experience working with data in Python (Numpy and Pandas) and SQL.
Course estimated duration: 3 months with 10 hours per week
2. Norwegian BI-International Baccalaureate Scholarship program
This is a fully-funded three-year degree course offered by the BI Norwegian Business School targeted at local and international students; students looking for a Bachelor of Business Management, Data Science, and Digital Technologies in Norway.
The scholarship, whose estimated total value is approximately NOK 250,000, is awarded to students who graduate from the International Baccalaureate (IB) programme with a strong academic record. It covers 100% of the tuition fee for each semester of the programme, as long as the student achieves the academic progression requirements.
- Applicants must hold an International Baccalaureate Diploma and should apply for and be admitted or accepted in, any of the following degree programs: Bachelor of Business Administration, the Bachelor of Data Science for Business, or the Bachelor of Digital Business degree.
- Scholarship recipients will be selected based on a high academic standing with a minimum of 33 IB points to be considered for this scholarship.
- Candidates who are awarded the BI-International Baccalaureate Scholarship are required to accept the role of being “BI Ambassadors”. They are required to act as the spokespeople and be prepared to assist in recruitment efforts and promote a good study environment.
3. Remote DBA Experts to Students Scholarship
This undergraduate-level scholarship is offered by Remote DBA, the leading remote DBA experts in SQL Server and Oracle. It is targeted at graduating high school students as well as current students who wish to pursue a degree in or career in data science-related fields e.g. Database Administration, Data Management, and Data Science.
Remote DBA estimates that currently and in the near future, companies of all sizes and demographics will need data professionals, database administrators (DBAs), and data scientists to help manage and make sense of the enormous amount of new data generated.
Therefore, the course is well designed to help students pursue data-focused careers and to play an active role in the new data-centric global economy.
- The prospective student must be a graduating high school senior with a GPA of 3.0 or above.
- Successful applicants must submit an essay.
- Degree Level: Undergraduate
4. Acxiom Corporation Diversity Scholarship
This $5,000 scholarship opportunity in its 7th year is run by Acxiom, an enterprise data, analytics, and software-as-a-service company.
It is targeted at students who are enrolled in full-time post-secondary degree programs such as Computer Science, Computer Information Systems, Management Information Systems, Information Quality, Information Systems, Engineering, Mathematics, and Statistics or any other related areas of study.
Applicants for this Diversity Scholarship are selected based on their ability to demonstrate a combination of academic achievement, the field of study aimed at Information Technology, and professional interest as it relates to Acxiom’s business needs.
Scholarship Eligibility Requirements
To be considered for this scholarship, the following conditions must be met:
- An applicant must be a member of a diverse population that has historically been
- under-represented in the Information Technology workforce.
- All applicants must be enrolled (or registered) as a full-time student in Computer Science, Computer Information Systems, Management Information Systems, Information Quality, Information Systems, Engineering, Mathematics, and Statistics or Information Technology-related areas of study at an accredited degree-granting institution.
- All applicants must have at least a cumulative 3.0 GPA on a 4.0 scale.
Learn more here – https://www.acxiom.com/diversity-equity-inclusion/
5. Africa Data Science Intensive Scholarship Program
This hands-on skills training data science course is targeted at Masters or Ph.D. in Science, Engineering or Mathematics or equivalent industry experience.
Participants for this specialty program are trained in skills to master the Data Science process, ranging from statistics and data wrangling to advanced topics like machine learning and data storytelling.
Eligible candidates for the Africa Data Science Intensive Scholarship Program have to meet the following conditions:
- Must be master’s or Ph.D. in Science degree holders
- Available to travel to Cape Town, South Africa for the Workshop.
- Must demonstrate excellent academic and leadership abilities.
- Possess excellent communication skills.
- Must be from the following countries: South Africa, Botswana, Ghana, Kenya, Madagascar, Mauritius, Mozambique, Namibia, and Zambia.
6. Oracle Developer Scholars Program
The Oracle Developer Scholars Program is prepared and designed to provide opportunities for students to serve as technical development interns with Oracle during the summer.
At the conclusion of the internship, interns have an opportunity to receive a $10,000 scholarship for the 2022-2023 academic school year. The program seeks Black, Hispanic, and Native American students who are pursuing a degree in one of the following disciplines: Computer Science, Computer Engineering, and Software Engineering or Development.
- Students must be at least a college sophomore or junior at the time of application (senior year or higher by fall 2022).
- Students must be U.S. citizens or permanent residents.
- Students must have a minimum cumulative 3.0 GPA on a 4.0 scale.
- Students should have experience with one or more software coding languages either through class (or project) work or paid (or unpaid) work experience.
- Students should complete 3 or more Computer Science courses by the summer of 2022
- Students should provide a current resume in the online application highlighting the following: education, work history, extracurricular activities, honors, awards, community service, and examples of paid or unpaid experience in coding.
Learn more here – https://www.oracle.com/corporate/careers/students-grads/uncfscholars/
Demand for Data Science talent in 2022
Having seen the number of scholarship opportunities above, it’s, therefore, no secret that data science leads as one of the most in-demand skill sets of the 21st century.
For example, the average annual salary of Data Science practitioners in the U.S. is $113,000. Another website also states that Data Scientists made a median salary of $98,230 in 2020, with the best-paid 25 percent making over $130,370 that year, while the lowest-paid 25 percent made $71,790.
Data Science was named the fastest-growing job in 2017 by jobs portal LinkedIn, and in 2018 Glassdoor, the world’s top careers website ranked data scientist as the best job in the United States.
The Bureau of Labor Statistics has projected a 31.4 percent employment growth for Data Scientists between 2020 and 2030. This, therefore, makes Data Science one of the most lucrative and well-paying career paths.
The most in-demand skills to enable one to be the best candidate in a Data Science role includes but are not limited to:
- Proficiency in Python: This is the most common and great coding language required in data science roles, along with Java, Perl, or C/C++.
- SQL Database / Coding: It is key to understand SQL as it is specifically designed to help you access, communicate and work on data and provide you with insights when querying a database.
- Apache Hadoop: Was the second most important skill for a data scientist with a 49% rating. Haddop comes in where the volume of data you have exceeds the memory of your system or where you need to send data to different servers.
- Data Visualization: A Data Scientist will be required to convert complex results projects into a format that will be easy to comprehend and visualize with the aid of data visualization tools such as ggplot, d3.js, and Matplottlib, and Tableau.
- Unstructured data: The unstructured data helps a data scientist to be able to unravel insights that can be useful for decision making. Therefore, one must have the ability to understand and manipulate unstructured data from different platforms.
Is a Data Science degree worth it?
As we have observed above and given the job statistics and the demand for the Data Scientist role and its pay, the time and energy required to gain a Data Science degree is totally worth it. It is a good return on investment. Furthermore, data analytics scholarships help to relieve the weight of tuition fees.
The modern world requires Data Scientists and as much as it is an expensive course, you can be able to get into this lucrative career by applying and being one among the candidates who qualify for the top and highly ranked ALX fully-funded scholarship data science programme.
In this way, you can later become a top Data Scientist or Analyst within the tech industry.