
With the help of college advisors at high schools in the Greater Los Angeles area and New York City, the Milken Scholars Program identifies outstanding students who will graduate by June of 2013. These students are nominated for the Program based on the following criteria:
- Minimum grade point average of 3.6 (unweighted) or 90% in all academic high school subject areas;
- Minimum composite SAT I Reasoning score of 1850 with results submitted for Critical Reading, Math, and Writing, or a minimum ACT score of 28;
- Active participation in community service activities;
- A record of leadership;
- Financial or other obstacles;
- Admission to a four-year college or university prior to final selection; and
- United States Citizenship or Permanent Residency.
Students nominated by their college advisers to participate in the Program must complete a rigorous selection process that includes completion of a five-page application, as well as submission of letters of recommendation, high school transcripts and a financial aid profile. Finalists are then selected and invited to interview.

Milken Scholars are eligible to receive a range of resources that includes:
- An annual monetary recognition award of $2,000 for each of their four years of college;
- Ongoing academic and career-related counseling;
- Assistance with career-related experiences through internships and shadowing opportunities; and
- A graduate fund, which assists students as they prepare for the world of work or graduate school.
Milken Scholars must commit to attend all annual program activities (expenses paid), including a three-day Summit, and maintain a 3.0 grade point average throughout their undergraduate college careers. Scholars are also encouraged to participate in community service activities in their home and/or school community.

| November 1, 2012 |
Nomination Period Opens |
| December 21, 2012 |
Deadline for Nominations |
| January 3, 2013 |
Application Invitation
Emailed to New York City Nominees |
| January 7, 2013 |
Application Invitation
Emailed to Greater Los Angeles Nominees |
| February 1, 2013 |
Postmark and Online Submission Deadline for New York City Applications |
| February 8, 2013 |
Postmark and Online Submission Deadline for Greater Los Angeles Applications |
| March 25 - 29, 2013 |
New York Finalists Notified |
| April 1 - 5, 2013 |
Greater Los Angeles Finalists Notified |
| April 22 - 26, 2013 |
New York Interviews Conducted |
| May 13 - 17, 2013 |
New York City New Milken Scholars Notified |
| May 20 - 24, 2013 |
Los Angeles Interviews Conducted |
| June 3 - 7, 2013 |
Greater Los Angeles New Milken Scholars Notified |
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