The formula for a successful scholarship cover letter is. This letter is to inform you that I have submitted an application for the 2023 -.2024 Mayor's Graduate Scholarship Program (MGSP). It's simply a letter you write to the scholarship committee. In the letter you should explain what makes you a great candidate for the award. Writing about quantitative examples such as test scores and academic achievements will help the student's application stand out. There are three main things that a student must keep in mind when writing a scholarship application cover letter (López, 2017). Cover letter header. Include your contact details—full name, email, mobile, and maybe LinkedIn account. Your application letter must demonstrate your passion for inventing things.