Are you a business undergrad who dreams of being an entrepreneur? And you need some assistance in that regard? If the answer is yes, then you are in the right place!
Business Scholarships
The demand for business scholarships is high, reflecting the popularity of business-related majors in U.S. colleges. According to the National Center for Education Statistics (NCES), business is one of the most popular fields of study, with over 19% of all undergraduate degrees awarded in business in recent years. As a result, scholarships in this field are highly competitive, with applicants often required to demonstrate academic excellence, leadership potential, and a clear career path in business.
Types of Business Scholarships
Business scholarships in the U.S. come in all shapes and sizes, catering to students with interests across the board—whether you're into finance, marketing, entrepreneurship, accounting, or management. These scholarships are offered by all kinds of groups, from universities and big companies to professional organizations and nonprofits. With so many options out there, it's pretty easy for students with different backgrounds and career goals to find something that fits their needs.
Besides Corporate-sponsored scholarships are playing an increasingly important role in supporting business students. Companies like JPMorgan Chase, Coca-Cola, and Deloitte offer scholarships not only to support education but also to identify and cultivate future leaders for their industries.
Below both Govt and private scholarships are given with details:
Government Scholarships
1. Government Finance Officers Association (GFOA) Scholarships
The Government Finance Officers Association (GFOA) offers multiple scholarships specifically tailored to students pursuing careers in finance and government. These scholarships are designed to encourage the next generation of financial leaders in the public sector.
- The Frank L. Greathouse Government Accounting Scholarship: This scholarship is intended for undergraduate students who are in their junior or senior year, studying accounting and planning to pursue a career in state or local government finance. The scholarship provides $10,000 and is awarded to two students each year.
- Minorities in Government Finance Scholarship: Aimed at minority students who wish to pursue a career in government finance, this scholarship provides $10,000 to one outstanding candidate annually. It encourages diversity within the government finance profession.
- Daniel B. Goldberg Scholarship: This $15,000 scholarship is awarded to a full-time graduate student who is preparing for a career in state and local government finance. The scholarship is awarded based on academic performance, career goals, and a commitment to public service.
Each of these scholarships not only offers financial support but also provides networking opportunities within the government finance community, helping students build connections that can lead to future career opportunities.
2. The National Society of Accountants (NSA) Scholarship Program
The NSA Scholarship Program provides financial assistance to students pursuing degrees in accounting. Although it is primarily a private organization, its strong alignment with public service ideals makes it a valuable resource for students who are committed to serving their communities.
- Eligibility: Undergraduate students who are majoring in accounting and demonstrate a commitment to community service are eligible to apply. Applicants must also have a minimum GPA of 3.0.
- Award: Scholarships range from $500 to $2,000, with multiple awards available each year.
This scholarship is particularly beneficial for students who are passionate about accounting and wish to use their skills to make a positive impact in their communities.
3. Hispanic Scholarship Fund (HSF)
The Hispanic Scholarship Fund (HSF) is one of the most prestigious scholarships for Hispanic students in the United States. Although it is a private organization, HSF's strong partnerships with government entities make it a hybrid in this category.
- Eligibility: Hispanic students who are U.S. citizens or permanent residents, with a minimum GPA of 3.0, are eligible to apply. The scholarship is open to students pursuing degrees in business, finance, and other related fields.
- Award: Scholarships range from $500 to $5,000, depending on the student's financial need and academic performance.
HSF not only provides financial assistance but also offers mentorship and career support, helping Hispanic students succeed in their academic and professional endeavors.
4. Federal Employee Education & Assistance Fund (FEEA) Scholarships
The FEEA offers scholarships for federal employees and their families, including students pursuing degrees in business, finance, or related fields.
- Eligibility: Applicants must be the children or dependents of federal employees, and they must demonstrate academic excellence and community involvement. The scholarship is open to both undergraduate and graduate students.
- Award: Scholarships range from $1,000 to $5,000, with multiple awards available each year.
This scholarship helps reduce the financial burden of higher education for families of federal employees, supporting students as they pursue their academic and career goals.
5. Department of Defense SMART Scholarship
The Science, Mathematics, and Research for Transformation (SMART) Scholarship, funded by the Department of Defense (DoD), is designed to support students pursuing degrees in STEM fields, including business and management, particularly in defense-related industries.
- Eligibility: U.S. citizens pursuing an undergraduate or graduate degree in a STEM-related field, including business and management, are eligible to apply. Applicants must be willing to work for the DoD after graduation.
- Award: The scholarship covers full tuition, provides a generous stipend, and includes guaranteed employment with the DoD after graduation.
This scholarship is an excellent opportunity for students interested in combining their business skills with a career in national defense.
Private Business Scholarships
6. Coca-Cola Scholars Program
The Coca-Cola Scholars Program is one of the most prestigious and competitive scholarships available in the United States. It rewards high-achieving students who demonstrate leadership, community involvement, and a commitment to making a significant impact in their communities.
- Eligibility: High school seniors who are U.S. citizens and have a minimum GPA of 3.0 are eligible to apply. The scholarship is open to students pursuing any field of study, including business.
- Award: 150 students are selected each year to receive a $20,000 scholarship, which can be used to cover tuition, fees, and other educational expenses.
Beyond the financial award, Coca-Cola Scholars become part of a lifelong network of alumni who are leaders in their respective fields, offering mentorship and career opportunities.
7. Burger King Scholars Program
The Burger King Scholars Program supports employees, their spouses, and children, as well as students in the community, by providing scholarships for higher education.
- Eligibility: Applicants must be high school seniors or college students who are U.S. residents and demonstrate financial need. They must also have a minimum GPA of 2.5. Employees of Burger King and their families are given preference.
- Award: Scholarships range from $1,000 to $50,000, depending on the applicant’s academic achievements, work experience, and community service.
This program is particularly beneficial for students who are working part-time while attending school, as it recognizes the challenges of balancing work and education.
8. GE-Reagan Foundation Scholarship Program
The GE-Reagan Foundation Scholarship honors the legacy of President Ronald Reagan by awarding scholarships to students who demonstrate leadership, drive, integrity, and citizenship.
- Eligibility: High school seniors who are U.S. citizens and have a minimum GPA of 3.0 are eligible to apply. The scholarship is open to students pursuing degrees in business, finance, or related fields.
- Award: Each recipient is awarded $10,000 per year, renewable for up to four years, for a total of $40,000.
This scholarship not only provides financial support but also connects recipients with a network of leaders and mentors who share the values of service and leadership.
9. McDonald’s HACER National Scholarship
The McDonald’s HACER National Scholarship supports Hispanic students in their pursuit of higher education, with a focus on those studying business and finance.
- Eligibility: Hispanic students who are U.S. citizens or permanent residents and have a minimum GPA of 2.8 are eligible to apply. The scholarship is open to high school seniors who are planning to attend college full-time.
- Award: Scholarships range from $5,000 to $100,000, depending on the student’s financial need and academic performance.
The HACER Scholarship emphasizes the importance of community involvement and leadership, making it an excellent opportunity for Hispanic students who want to make a difference in their communities.
10. Dell Scholars Program
The Dell Scholars Program is designed to support students who have overcome significant barriers to pursue a college education. It provides not only financial assistance but also technology, mentoring, and support to ensure students succeed in college.
- Eligibility: High school seniors who are U.S. citizens and have a minimum GPA of 2.4 are eligible to apply. Applicants must demonstrate financial need and a strong work ethic.
- Award: Each recipient is awarded $20,000, a laptop, and access to ongoing support and resources to help them succeed in college.
This program is particularly beneficial for students who face challenges such as financial hardship, family responsibilities, or limited access to educational resources.
11. Wells Fargo Scholarship Program for People with Disabilities
Wells Fargo offers a scholarship program specifically for students with disabilities, including those pursuing degrees in business.
- Eligibility: U.S. citizens who are current undergraduate or graduate students with a documented disability are eligible to apply. Applicants must have a minimum GPA of 3.0 and demonstrate financial need.
- Award: Scholarships of up to $2,500 are awarded to help cover the cost of tuition and other educational expenses.
This scholarship is designed to help students with disabilities overcome financial barriers to higher education and achieve their academic and career goals.
12. Amazon Future Engineer Scholarship
The Amazon Future Engineer Scholarship is aimed at students pursuing degrees in computer science, but it also supports those interested in business and technology.
- Eligibility: High school seniors who are U.S. citizens and have a minimum GPA of 3.0 are eligible to apply. Applicants must plan to pursue a degree in computer science, engineering, or a related field, including business technology.
- Award: Recipients receive $40,000 over four years, along with a paid summer internship at Amazon.
This scholarship is an excellent opportunity for students interested in combining their business acumen with technical skills, particularly in the rapidly growing field of technology.
13. Goldman Sachs MBA Fellowship
The Goldman Sachs MBA Fellowship is awarded to first-year MBA students who demonstrate exceptional leadership potential and a commitment to diversity.
- Eligibility: First-year MBA students who are U.S. citizens or permanent residents and have a strong academic record and leadership experience are eligible to apply. The fellowship is particularly focused on candidates from underrepresented backgrounds.
- Award: The fellowship provides a financial award to cover tuition and fees, as well as the opportunity to intern at Goldman Sachs.
This fellowship is an excellent opportunity for MBA students who aspire to leadership roles in the finance industry, offering both financial support and valuable industry experience.
14. Procter & Gamble (P&G) Fund Scholarship
The P&G Fund Scholarship supports students pursuing degrees in business, engineering, and related fields.
- Eligibility: Undergraduate students who are U.S. citizens and have a minimum GPA of 3.0 are eligible to apply. Applicants must demonstrate leadership potential and a commitment to diversity and inclusion.
- Award: Scholarships of up to $5,000 are awarded to help cover the cost of tuition and other educational expenses.
This scholarship is designed to support students who are not only academically strong but also demonstrate a commitment to making a positive impact in their communities and beyond.
15. Fukunaga Scholarship Foundation
The Fukunaga Scholarship Foundation provides financial support to students from Hawaii who are pursuing a business degree.
- Eligibility: Applicants must be residents of Hawaii, U.S. citizens, and high school seniors or undergraduate students with a minimum GPA of 3.0. The scholarship is open to students pursuing a business major.
- Award: The scholarship provides $20,000 over four years, distributed in annual installments of $5,000.
This scholarship is an excellent opportunity for Hawaiian students who wish to pursue a business degree and contribute to the economic development of their community.
16. Spears School of Business Scholarships
Oklahoma State University’s Spears School of Business offers a variety of scholarships for students enrolled in its business programs.
- Eligibility: Scholarships are open to undergraduate and graduate students enrolled in the Spears School of Business. Eligibility criteria vary depending on the specific scholarship, with awards available for veterans, minorities, international students, and those with financial need.
- Award: Scholarships vary in amount, with some providing full tuition coverage and others offering smaller awards to help with the cost of books and supplies.
These scholarships provide valuable financial support to students pursuing a business degree at Oklahoma State University, helping them achieve their academic and career goals.
17. James A. Turner, Jr. Memorial Scholarship
This scholarship is designed for individuals pursuing a career in welding who aspire to move into management positions within the welding industry.
- Eligibility: Applicants must be at least 18 years old, high school graduates, and employed at a welding distributorship for at least 10 hours a week. They must also be pursuing a degree in welding or a related field, with an interest in management.
- Award: The scholarship provides $3,500 to help cover the cost of tuition and other educational expenses.
This scholarship is an excellent opportunity for individuals in the welding industry who wish to advance their careers by gaining management skills.
18. Allied Van Lines Scholarship
Allied Van Lines offers a scholarship for students pursuing degrees in logistics, supply chain management, or a related field.
- Eligibility: Applicants must be U.S. citizens who are currently enrolled in an undergraduate or graduate program in logistics or supply chain management. They must have a minimum GPA of 3.0.
- Award: The scholarship provides $1,000 to three winners annually, helping to cover the cost of tuition and other educational expenses.
This scholarship is particularly beneficial for students interested in logistics and supply chain management, offering financial support as well as recognition within the industry.
19. Foreclosure.com Scholarship Program
The Foreclosure.com Scholarship Program is open to currently enrolled undergraduate students and requires an essay on a business-related topic.
- Eligibility: Applicants must be U.S. citizens who are currently enrolled in an undergraduate program. They must submit an original essay on a topic related to real estate, business, or finance.
- Award: The first-place winner receives $2,500, while second and third-place winners receive $500 each.
This scholarship is an excellent opportunity for students interested in real estate, finance, or business to showcase their writing skills and earn financial support for their education.
20. Fisher Investments “Invest in Your Future” College Scholarship Program
The Fisher Investments Scholarship Program is designed to support students pursuing degrees in business, law, economics, finance, or accounting.
- Eligibility: Applicants must be U.S. citizens with a minimum GPA of 3.0 who are pursuing a degree in business, law, economics, finance, or accounting. Preference is given to applicants from underrepresented groups.
- Award: The scholarship provides $5,000 to help cover the cost of tuition and other educational expenses.
This scholarship is particularly beneficial for students who are passionate about business and finance, offering financial support and recognition from a leading investment firm.
21. JPMorgan Chase Smart Start Scholarship Program
The JPMorgan Chase Smart Start Scholarship is designed to support students from underserved communities who are interested in pursuing a career in business or finance.
- Eligibility: High school seniors from New York City, Newark, Delaware, and Chicago who have been accepted to a participating college or university and are interested in business, finance, or a related field. Applicants must demonstrate financial need and academic achievement.
- Award: The scholarship covers full tuition and fees for up to four years, as well as paid internships at JPMorgan Chase throughout the duration of the scholarship.
This program offers a unique opportunity for students to gain valuable work experience while earning their degree, positioning them for a successful career in business or finance.
22. The National Black MBA Association (NBMBAA) Scholarship
The NBMBAA offers scholarships to African American students pursuing an MBA or other business-related graduate degrees.
- Eligibility: African American students who are U.S. citizens and have been accepted to or are currently enrolled in an MBA or other business-related graduate program. Applicants must be NBMBAA members and demonstrate leadership potential and a commitment to community service.
- Award: Scholarships range from $1,000 to $10,000, depending on the applicant’s academic achievements, leadership experience, and financial need.
This scholarship not only provides financial assistance but also connects recipients with a network of professionals who can offer mentorship and career guidance.
23. Ritchie-Jennings Memorial Scholarship
Offered by the Association of Certified Fraud Examiners (ACFE), the Ritchie-Jennings Memorial Scholarship supports students pursuing careers in accounting, business, finance, and criminal justice, with an emphasis on fraud prevention.
- Eligibility: Undergraduate and graduate students who are majoring in accounting, business, finance, or criminal justice and have a minimum GPA of 3.0. Applicants must be U.S. citizens or permanent residents.
- Award: Scholarships range from $1,000 to $10,000, and recipients also receive a one-year ACFE student membership.
This scholarship is ideal for students interested in a career in fraud prevention, offering both financial support and professional development opportunities.
24. Alphonso Deal Scholarship Award
The National Black Police Association offers the Alphonso Deal Scholarship to students pursuing degrees in criminal justice, business, or a related field, with a focus on law enforcement.
- Eligibility: High school seniors who are U.S. citizens and plan to pursue a degree in criminal justice, business, or a related field. Applicants must demonstrate academic achievement, leadership potential, and a commitment to community service.
- Award: The scholarship provides $500 to help cover the cost of tuition and other educational expenses.
This scholarship is an excellent opportunity for students interested in law enforcement or business careers that intersect with the justice system.
25. Zonta International Jane M. Klausman Women in Business Scholarship
The Jane M. Klausman Women in Business Scholarship, offered by Zonta International, supports women pursuing undergraduate or master’s degrees in business management.
- Eligibility: Women of any nationality who are pursuing an undergraduate or master’s degree in business management at an accredited university or college. Applicants must demonstrate outstanding academic achievement and leadership potential.
- Award: The scholarship provides up to $8,000 at the international level, with additional funds available through local Zonta clubs.
This scholarship is designed to encourage and support women who are aspiring business leaders, providing both financial assistance and recognition for their achievements.