Business School Scholarships

A business degree can enhance your knowledge and increase the number of opportunities that are available to you. It boosts your earning potential and allows you to network with those who can help you launch your career after you graduate. However, furthering your education is an investment.

The average cost of going to college rises every year, but median household incomes have remained about the same for the past two decades, according to U.S. News. Attending an undergraduate or graduate business program can put you out approximately $10,000 a year at a public institution and at least $35,000 a year at a private university.

A scholarship can mediate your tuition costs. Contrary to popular belief, scholarships and monetary awards are not only offered to students who graduate in the top of their high school class or qualify for financial assistance. Many are available to students who are striving to earn a business degree.

What Is the ROI of a Business Degree?

If you are considering studying business, you’re setting yourself up for a lucrative future. Investing in a college degree is a wise financial move. Research shows that business majors typically get an above-average return on their investment.

A business degree can give you a well-rounded knowledge base that helps you narrow down your area of interest. If you’re pursuing a bachelor s degree in business, you will have access to a wide range of courses. Some may be interdisciplinary, while others are highly specialized. Students in this field can focus their learning on just about any business category, making them versatile candidates when it’s time to enter the workforce.

Chron reports that most business majors, whether they attend classes in person or earn an online business degree, can realistically expect to receive a yearly salary of between $40,000 and $85,000. Even for underemployed business majors, the return on investment is approximately 14 percent.

Still, shelling out tuition fees on top of housing and other expenses can make for a tight financial situation while students are in school. Scholarship can mediate those expenditures, allowing you to take advantage of the best educational opportunities that will advance your career when you graduate.

Who Offers Scholarships for Business Majors?

Many students look for scholarships that are awarded by their prospective schools to help them afford their education. However, business students are abundant at most universities. Many people who aren’t sure what career path they want to take end up graduating with a bachelor s degree in business. Because of this, full-tuition business scholarships are competitive, and many schools simply don’t offer many of them.

Large corporations recognize the value of supporting business majors, though. Many companies sponsor scholarships for high school students as well as business school applicants. Some have separate foundations that have been established to distribute grants and endowments to promising students. This helps them generate a pool of highly qualified job applicants who may end up working for them.

Community groups may also offer financial awards to students that meet certain criteria. These include:

  • Civic groups
  • Professional associations
  • Government agencies
  • Nonprofit agencies

Are You Eligible for a Business Scholarship?

Your eligibility for a business school scholarship depends on the criteria designated by the managers of the fund. Every opportunity is different, and many students are surprised to find out that they are eligible based on demographic factors, community service, extracurricular activities and work and life experience.

There are a wide variety of scholarships available for the following demographics:

  • Minorities
  • Women
  • Parents
  • Business majors
  • Athletes

Volunteering can enhance your standing. Donating your time to your local community sets you apart from many other candidates and shows that you’re committed to helping those around you. You might consider volunteering for groups that give out scholarships to show that you’re a valid contender.

Community service can deliver valuable experience that you can use to flesh out your scholarship essays. It can also give you a chance to make connections with professionals who can serve as references when you apply for financial awards.

Special scholarship funds have also been established for students with certain medical conditions. Health problems can impact students’ financial situations, making it more challenging for them to set aside funds to further their education. However, their ambitions should not be limited by their illness.

If you have been impacted by a disease such as cancer, multiple sclerosis, diabetes or epilepsy, you might want to look into subsidies that are in place for people like you. Individuals with visual or auditory impairments may also qualify for certain scholarships.

Don’t discount your eligibility to receive funds to support a business degree just because you’re not planning to attend school full time. Some scholarships are intended for students who take classes part-time or are earning an online business degree.

In many cases, students who are committed to graduating with a business degree have already gained the experience that’s necessary to make them eligible for a particular scholarship. Researching all of the possibilities can help you come up with a list of scholarships for which you may qualify.

How to Apply for a Business Degree Scholarship

Many scholarship programs make it easy for students to apply online. Others require paper applications to be submitted through your high school or undergraduate university.

Pay attention to the instructions issued by each sponsor. The deadlines, awards and application procedures are unique to each scholarship. Some require you to write an essay, while others simply ask you to submit proof of eligibility.

It’s important to explore your options early. You may be required to take courses related to a certain industry or participate in activities that help you qualify for the financial award. Understanding these requirements ahead of time will give you the chance to complete them before the application period.

To take full advantage of the financial assistance that’s available to you, work with a college or financial aid counselor. You should also look into the various scholarship programs that are available online.

Click on the featured scholarships in the list below to find out more about each one and learn how to apply.

Scholarship TitleAmountApplication
Deadline
Alice L. Haltom Educational Fund$2,000May 1st
Andy and Julie Plata Honorary Scholarship$2,000May 1st
AQHF Racing Scholarship$8,000December 1st
Arnold W. Fritz Scholarship$1000March 1st
Cancer for College Leonard Family Entrepreneurial Spirit Scholarship$5000January 1st
Carl Gerhardt Scholarship Program by Allegra Marketing-Print-Mail$1,000May 1st
Charles H. ‘Chuck’ Forman – Crawford Technologies Scholarship$1000May 1st
Charlie Corr Memorial Scholarship$2,000May 1st
Chuan Ai Lu Engstrom Memorial Scholarship$1,000August 1st
Claude B. Hart Memorial Scholarship$1,200April 1st
COAG Scholarship$1,500April 1st
Dell Scholars Program$20,000December 1st
Dwaraka R. Iyengar PMI Dallas Chapter Area Scholarship$2,500May 1st
Franchise Services, Inc. PIP Scholarship$2,000May 1st
Friends of the California State Fair Scholarship Program$2,500March 1st
Harold Davis Memorial Scholarship$400February 1st
Helen Brett Scholarship$5,000June 1st
Jesse L. Jackson-Fellows Toyota Scholarship$25,000May 1st
Joe Perdue Scholarship$2,500May 1st
John L. Carey Scholarship Program$5,000March 1st
Mercatus MA Fellowship$80,000March 1st
MetLife Foundation Scholarship$2,000February 1st
NAWC New Jersey Chapter Scholarship$2,500April 1st
Nellie Martin Carman Scholarship Fund$2,000March 1st
Our World-Underwater Society Rolex Scholarship$25,000December 1st
Pacific Gas & Electric Company Asian ERG Scholarship$2,000February 1st
Pacific Gas & Electric Company Women’s Network ERG Scholarship$3,000February 1st
Phi Chi Theta Anna E. Hall/Helen D. Snow Scholarships$1,000May 1st
Pink Tractor Scholarship$1,000February 1st
PMI Alaska Chapter Scholarship$2,500May 1st
PMI Central Iowa Chapter Scholarship$2,500May 1st
PMI Eastern Iowa Chapter Scholarship$1,000May 1st
PMI Eric Jenett Founders Scholarship$2,000May 1st
PMI Matthew H. Parry Memorial Scholarship$2,000May 1st
PMI New York City Chapter Scholarship$1,000May 1st
PMI North Carolina Chapter Scholarship$2,500May 1st
PMI Phoenix Chapter Scholarship$1,000May 1st
PMI Ray Piper Global Project Management Education Scholarship$1,000May 1st
PMI Silver Spring Chapter Scholarship$1,000May 1st
PMI Tulsa Chapter Scholarship$1,500May 1st
Richard L. Davis, FACMPE National Scholarship$5,000May 1st
Robert J. Yourzak Scholarship Award$2,000May 1st
Ruth Miller Distance Education Challenge Scholarship$750February 1st
SEMA Memorial Scholarship Fund$5,000March 1st
Smithsonian Institution James E. Webb Internship$6,000February 1st
The Jewish Federation of Metropolitan Chicago Academic Scholarship$8,000February 1st
The Virtual Business Scholarship$2,000April 1st
AACE International Competitive Scholarships$2,500February 2nd
Linda Norton Good Neighbor Scholarship Fund$1,700February 2nd
The Mike Molino RV Learning Center’s Scholarship Program$2,500June 2nd
CPS Energy SAFE Program$5,000February 3rd
Paul S. Mills Scholarship$1,000March 3rd
Buick Achievers Program$2,000 to $25,000January 4th
CRCA Scholarship$4,000March 4th
Direct Marketing / Marketing EDGE Educational Foundation Scholarship Program$1,000 to $7,000November 5th
Florida Stormwater Association Scholarship Award$2,000August 5th
Pacific Gas & Electric Company Black ERG Scholarship$5,000February 5th
ACF American Advertising Federation-NM Scholarship$1,400June 7th
Boren Scholarships$20,000February 8th
Matt Fong Asian Americans in Public Finance Scholarship$2,500April 9th
Mary Elizabeth Lockwood Beneventi MBA Scholarship$2,000February 10th
CMAA Mid-Atlantic Chapter Scholarship$3,000May 12th
Horizons – Michigan Scholarship$3,500May 12th
Schurgin Family Foundation Undergraduate Scholarship$5,000February 13th
A&F Business Consultants Scholarship$1,000June 14th
SSPI Scholarship Program$3,500April 14th
Center for Women In Technology (CWIT) Scholars Program at UMBC$22,000January 15th
CITe Minor Student Tuition Scholarship$500February 15th
College of Saint Rose Academic Scholarships$3,500February 15th
Diabetes Scholars Foundation Award$1,000 to $5,000April 15th
Gates Millennium Scholars$10,000January 15th
Generation Ali Global Citizenship Scholarship Program for Undergraduate Students$10,000January 15th
Gill-Elliott Scholarship$2,000March 15th
Golden Key Undergraduate Achievement Scholarship$5,000December 15th
Mercatus Adam Smith Fellowship$10,000March 15th
NDS Kildee Undergraduate Scholarships$1,000April 15th
NDS Student Recognition Program$2,000April 15th
Scarlett Family Foundation Scholarships$2,500 to $25,000December 15th
Society of Actuaries Hickman Scholar Program$80,000February 15th
The de Moya Foundation Vocational/Technical Program Scholarship$3,000May 15th
WGA Mary Macey Scholarship$1,500June 15th
Women in Public Finance Scholarship$3,000August 15th
World Trade Week College/University Scholarship$1,000March 17th
World Trade Week High School Scholarship$1,000March 17th
NFIB Young Entrepreneur Awards$2,000 to $15,000December 18th
Fukunaga Scholarship Foundation$16,000February 19th
Government Finance Professional Development Scholarship$8,000February 19th
Minorities in Government Finance Scholarship$8,000February 19th
South Dakota Retailers Association Jerry Wheeler Scholarship Program$1,600April 20th
Stephen W. Cavanaugh Scholarship$8,000July 20th
The Thomas R. Pickering Foreign Affairs Fellowship Program$75,000September 20th
LouEllen Dabbs Scholarship$750March 21st
Dairy Management, Inc. Scholarship Program$3,500April 22nd
Surety & Fidelity Industry Intern-Scholarship Program for Minority Students$5,000November 22nd
UNCF/Carnival Corporate Scholars Program$10,000January 22nd
Frederick and Demi Seguritan Scholarship$5,000February 23rd
Dallas/Fort Worth Chapter WTS Undergraduate Leadership Scholarship$2,500October 28th
GE/LNESC Scholarship$5,000September 28th
Tortoise Young Entrepreneurs Scholarship Program$3,000February 28th
Asparagus Club Scholarship$8,000April 30th
Builders League of South Jersey Scholarship Foundation$2,000April 30th
Ritchie-Jennings Memorial Scholarship$1,000 to $10,000January 30th
Hershey Company Tribal Scholarship$2,500May 31st
IFA Foundation Scholarship – Marriott Foundation$1,500October 31st
JWU Business Professionals of America (BPA) Scholarship$500 – $1000May 31st
Material Handling Education Foundation, Inc. Scholarship$6,000March 31st
Melvin Kruger Endowed Scholarship Program$20,000January 31st
Mildred C. Hanson SIOR Memorial Scholarship$4,000July 31st
NABA Corporate Partner Scholarship$5,000January 31st
NABA National Scholarship$1,500January 31st
NSHMBA Foundation Scholarship Program$2,500 to $10,000May 31st
RentDeeals.com Scholarship for Business students$1,000March 31st
SILA Post Secondary College Scholarship$2,500May 31st
TLMI Four-Year College Degree Scholarship Program$5,000March 31st
TLMI Two-Year Degree Scholarship Program$1,000March 31st

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