There are also scholarships provided by the Falcon Foundation which is sponsored by a bunch of retired generals. These scholarships are offered to those applicants that just missed the cutoff for appointments. The recipients can go to one of several military schools around the nation to include Valley Forge, Northwestern, Marion Military Institute.
When I applied in 1991, I had all the boxes checked (Eagle Scout, varsity athletics, strong SAT score, National Honor Society, congressional nomination, etc), but I still did not receive an appointment. I had all but given up because I was also turned down for AFROTC, NROTC, and the Coast Guard Academy. Being a white male in 1991 during the post cold war drawdown may have had some disadvantages.
I got the Falcon Foundation information in the mail and just threw it in the trash. My dad (a retired AF Lt Col Vietnam Vet) saw the USAFA logo on the brochure and fished it out of the trash, read it and asked if I had read it. I replied that I hadn't and he strongly recommended I read it. I made a phone call to the Valley Forge Military College admissions department and they invited me for a visit. I reluctantly accepted with the idea that I would only visit the school to appease my dad. I was pretty beat down from the multiple rejections.
Well, the visit was going well and I was still not convinced until I sat down with the admissions department and they said their record of USAFA appointments from those who attended under the Falcon Foundation scholarship was 99%! That statistic was enough to give me the motivation to give it one more try.
It was a grueling year. Things were different 20 years ago and there was not much "adult supervision" after work hours and the upperclassmen or "Old Men" were not limited to the types of "military training" they could subject us to. Needless to say, I grew up a lot that year. However, it was worth it when I, along with my 15 plebe brothers were all offered appointments to the class of 1996.
Yes, it still stings a little bit from being rejected from USAFA/AFROTC/NROTC/USCGA because to this day, I do not know why I was not considered. Other than my attendance at Valley Forge for a year, my record was not much different. However, I have no regrets. It gave me an additional year to "grow up" that I needed. It gave me 15 close friends that I went through hell with that I could lean on during my time at USAFA.
So, if there is a takeaway from my experience, is to not give up. There are many paths to a Service Academy. Some paths are more rugged than others, but the destination is the same.
To this day, I still thank my dad for eyeing that brochure in the trash and demanding I take a look at it.
Here is the link to the Falcon Foundation:
http://www.usafa.org/falconfoundation
Good luck. I hope my experience can help.