Prizes and scholarships given at the Jimmy Awards® vary by year. In recent years, educational scholarships have been bestowed in conjunction with the following awards: Jimmy Award for Best Performance by Actor/Actress, Finalist Scholarships, Best Dancer, Rising Star Award, Best Performance in an Ensemble, Special Recognition Scholarships, Spirit of the Jimmys, and a 6-Week Pre-College Drama Summer Program Scholarship presented by Carnegie Mellon University. In addition to the cash educational scholarships, the Best Actor and Best Actress also have the opportunity to receive merit and need-based assistance to attend NYU’s Tisch School of the Arts, New Studio on Broadway: Acting and Music Theatre contingent upon acceptance into the New Studio and New York University.
In the past, NYU has provided the Best Performance by an Actress and Best Performance by an Actor winners of the Jimmy Award with the opportunity to go through the application process (both academic and artistic) at New York University, Tisch School of the Arts for possible acceptance into the New Studio On Broadway: Music Theatre and Acting. Past Jimmy Award winners have been eligible for both merit, recognizing their accomplishments as Jimmy Award winners, and need based scholarship assistance to NYU’s Tisch School of the Arts Department of Drama at the New Studio On Broadway: Music Theatre and Acting. The amount of the guaranteed merit based scholarship has been $5,000 per year, for four years. Winners were also eligible for need-based aid after completing the Free Application for Federal Student Aid (FAFSA) as required by New York University. The amount of scholarship assistance beyond the merit based aid was based on financial need, and the maximum amount available including the merit portion was $20,000 per year. If winners were not accepted into the Tisch School of the Arts, no scholarship assistance was awarded. High School seniors who had already applied to TSOA Department of Drama and had been accepted were eligible for scholarship support beginning in the fall. If they had not applied to Tisch Drama they could defer their admission to their chosen school for a year while they apply to NYU Tisch or they can transfer after a year. Rising senior students who wished to attend NYU were encouraged to apply to NYU Tisch School of the Arts Undergraduate Drama, in advance of the NHSMTA, and complete the Audition/Artistic review process. If a student had not done so, in the event that they won the Jimmy Award, they would not be scholarship eligible until the beginning of the academic year the following year. The NYU Department of Drama reserved the right to offer scholarships to finalists who were assessed as demonstrating exceptional ability by Tisch Drama Faculty. As a result, a scholarship may have been awarded to a high school student with Junior Standing or a Senior who was willing to delay entry to NYU until the fall of the following year. Each scholarship winner must timely complete and submit an application to the undergraduate drama program at NYU’s Tisch School of the Arts to receive the scholarship.