This annual scholarship is provided by BMW AG in recognition of its commitment to excellence in engineering. This scholarship is in support of the SAE Foundation to ensure an adequate supply of well-trained engineers for the future. One scholarship will be awarded each year for $1,500 per year. Scholarships may be renewed at $1,500 a year for three (3) additional years. Applicants must be U.S. residents with a minimum 3.75 GPA and rank in the 90th percentile in both math and critical reading on SAT I or composite ACT scores. See link for details.