Students enrolled full-time as a high school senior, progressing normally toward graduation in the Spring/Summer, with plans to enter college no later than the Fall following graduation OR students enrolled full-time as a college freshman or sophomore, no older than 20 years of age and progressing normally toward a bachelor's degree; Scholarships from the Foundation shall be used only at an institution that normally maintains a regular faculty and curriculum, and normally has a regularly organized body of students in attendance at the place where the educational activities are carried on, and that is listed by the U.S. Department of Education as being accredited by recognized accrediting agencies; Students seeking degrees through online or distance learning programs exclusively shall not be eligible for Jimmy Rane Foundation Scholarships;* A minimum grade point average (GPA) of 3.0 for graduating high school seniors; A minimum grade point average (GPA) of 2.75 for college applicants; U.S. citizenship or permanent resident; All applicants must reside (permanent home address) in one of the following states and the District of Columbia: Alabama, Florida, Georgia, Mississippi, South Carolina, Tennessee, Louisiana, Texas, North Carolina, Kentucky, Oklahoma, Arkansas, Iowa, Nebraska, Kansas, Missouri, Maryland, Virginia, West Virginia, Pennsylvania, Ohio, New York, Delaware and New Jersey.