Beyond automatic entrance scholarships, the university also awards twenty-four Prestige Scholarships, which represent the highest institutional scholarships awarded by the university. Incoming students must submit a supplementary application, in addition to an admission average above 90% in order to qualify and demonstration of extracurricular involvement during their secondary school years to qualify. Prestige Scholarships vary in value from $20,000 to full tuition, and generally do not have additional qualification criteria beyond the supplementary application, with the exception of the Carleton Shad Valley Scholarship of Excellence, which requires recipients to have been alumni of the Shad Valley program.