25 Great Scholarships for Business Majors

scholarships-for-businessIf you are a business major in the process of earning your undergraduate or graduate degree, it is important to prepare yourself both mentally and financially for college. While financial aid and student loans are two financial vehicles that commonly help students pay for tuition, books, supplies, and living expenses, aid runs out and loans must be paid back. Scholarships are a form of free money that does not have to be paid back. While you can conduct a scholarship search and look for current options to apply for, this can be a time-consuming process.

To make your search easier, here are 25 scholarships that are awarded to applicants based on merit, achievement, and interests that are just for business majors.

ALPFA Scholarship Program

Deadline: January 31

The Association of Latino Professionals in Finance and Accounting offers annual scholarships to applicants of a Hispanic heritage who are pursuing a career in fields of business, like accounting and finance. A total of $150,000 in funds are awarded each year, with awards ranging between $1,250 and $10,000 for each candidate. To be eligible for the ALPFA Scholarship, you must meet the following eligibility requirements:

* Be of Hispanic heritage and a US Citizen or legal resident
* Studying at an accredited university in the US or Puerto Rico
* Have a GPA of 3.0 or higher
* Be enrolled in school full time
* Be majoring in business administration, finance, accounting, economics, management or a related field
* Apply for financial aid with a FASFA on file

ALPFA Scholarship
1411 w. 190th St., Suite 325
Gardena , CA 90248
Phone (310)-975-3700

Anna B. Spangler Memorial Scholarship

Deadline: February 1

If you are a resident of North Dakota attending Valley City State University and majoring in business, you may be eligible to apply for the Anna B. Spangler Memorial Scholarship. Each student awarded this endowed scholarship will receive an award value of $250 per year. To be eligible for this award, you must meet the following criteria:

  • * Upper-level undergraduate student seeking a four-year degree in Business
  • * A resident of North Dakota
  • * Attending Valley City State University
  • * Have a financial aid (FASFA) application on file

Anna B. Spangler Memorial Scholarship
Valley City State University
Financial Aid Office
101 College St. SW
Valley City ND USA
Phone (701) 845-7541

Arizona Business & Professional Women’s Foundation Scholarships

Deadline: March 1

The Arizona Business & Professional Women’s Foundation offers annual scholarship awards to adult women who are returning to school to advance their careers in fields of business in an effort to be self sufficient. If you are applying for admissions to a business program at an accredited community college in Arizona, you may be eligible for this award. The eligibility criteria is as follows:

* Must be a woman age 25 or older
* Must be attending an Arizona community college with priority given to students at Eastern Arizona College
* Must have a Federal FAFSA application on file

Arizona Business & Professional Women’s Foundation Scholarship
Arizona BPW Foundation
PO Box 32596
Phoenix, AZ 85064
Phone: 520-432-6605

Beat the GMAT Scholarship

Beat the GMAT is an MBA-focused social network where graduate students and prospective students can connect. For the eighth year in a row, the network has offered the competitive Beat the GMAT Scholarship and runs one of the largest GMAT scholarship programs throughout the entire world. With 8 scholarships valued at $16,000 being offered to 8 candidates, applying for the Beat the GMAT Competition Scholarship is worth your time if you are close to graduating or have graduated an undergraduate degree program and are interested in attending graduate school. To be eligible, you must meet the following criteria:

* Be in the final year of college or finished college as an undergrad
* Be registered as a Beat the GMAT member
* Planning to apply to business school
* Be attending one of the listed GMAT courses
* Complete the applications and essays within the word limits

Beat the GMAT Scholarship
Phone: 650-468-3508

CEO of Tomorrow Scholarship

The CEO of Tomorrow is a scholarship available from CEO.com to both undergraduate applicants and MBA students who are interested in becoming business leaders of tomorrow. This competitive scholarship awards $2500 to students who are selected by the scholarship committee after writing a 500-1000 word essay on becoming the CEO of tomorrow. To apply for the scholarship, applicants must not only submit the essay, they must also complete an online eligibility survey. The eligibility criteria for this scholarship is as follows:

* Must be a legal resident of the US
* Must be 18 years or older
* Must be enrolled in school at an accredited school or plan to enroll next semester
* Must be majoring in Business or completing an MBA program

CEO of Tomorrow Scholarship
350 S. 400 W. Suite 101
Lindon, Utah 84042

Earl Graves Scholarship

Deadline: March 15

The Earl Graves Scholarship is a national scholarship intended for college sophomores, juniors, and graduate-level students who plan on majoring in business or international business. With a one-time award value of $5000, this scholarship offers a higher award than many other competitive scholarships available annually. To be eligible for this business major scholarship, you must meet the following criteria:

* Have a 2.5 GPA or higher
* Be in the top 20% of your class
* Must be attending an accredited US college or university
* Must be a full-time student in good standing
* Must be studying business

Earl Graves Scholarship
8260 Willow Oaks Corporate Drive
Fairfax, VA 22031
Phone: (703) 205-3400

Executive Women International Scholarship Program (EWISP)

Deadline: Varies by Chapter

Executive Women International is a women’s association that was established in 1938 by Lucille Johnson Perkins in an effort to help women with professional development. In addition to offering educational programs for women, the EWI offers a scholarship program for women and men who want to achieve their academic goals. The EWISP helps college-bound high school students who dream of being leaders in business by awarding recipients up to $10,000. TO qualify, you must meet the following eligibility requirements:

* Be a full-time student in good standing
* Be a high school junior pursuing an undergraduate degree
* Be a US Citizen
* Be in a state where a EWI Chapter exists

515 South 700 East Suite 2A
Salt Lake City, Utah 84102
Phone: 801.355.2800

Financial Women’s Association of San Francisco- Women Studying in the Field of Finance Scholarship

Deadline: March 30

The Financial Women’s Association is a women’s association that encourages leadership and helps provide opportunities to women in the San Francisco community. If you are a woman living in the Bay Area pursuing a career in the field of finance, you may be eligible to win one of the 9 scholarships totaling $90,000. To be considered during the selection process, you must meet the following requirements:

* Must be a junior or senior undergraduate student by Fall semester of the current year to receive undergraduate scholarship
* May be accepted if you are current or future full-time graduate business student
* Must be attending Bay Area accredited school
* Must pursue a degree in finance
* Must have a 3.4 GPA or higher

Women Studying in the Field of Finance Scholarship
FWASF Scholarship Fund
P.O. Box 26143
San Francisco, CA 94126
Phone: (415) 586-8599

Ford Motor Company Tribal Scholarship

Deadline: May 31

Ford Motor Company offers a scholarship that caters to high school seniors of American Indian heritage throughout the nation. All students studying math, science, engineering, business, or environmental science may qualify for the American Indian College Fund Tribal Scholarship if they are pursuing an undergraduate or postgraduate degree. Winners will be awarded a one-time $5000 award in Fall. To be eligible, you must meet these following requirements:

* Be a US citizen and a full-time student
* Be American Indian, Native American or a Hawaii Native
* Be a graduating high school senior with plans to attend accredited school
* Have a 3.0 GPA or higher
* Demonstrate leadership

Ford Motor Company Tribal Scholarship
8333 Greenwood Blvd. Denver, CO 80221
Phone: (303) 426-8900

Geico Achievement Award Program

Deadline: February 22

Geico Insurance Company has run the Achievement Award Program for more than 25 years in an effort to provide cash awards to all of the most outstanding undergraduate students majoring in business-related fields. The $1000 cash award  is awarded to students who excel academically, and several full-time sophomores and juniors receive this one-time award annually. To qualify for this cash award from Geico you must:

* Be currently enrolled full-time at an accredited 4-year college
* Have a sophomore or junior enrollment status
* Have a 3.0 GPA or higher
* Be majoring in business, math, or computer science
* Have proof of leadership roles on campus

Related Resource: Top 10 Best Online Computer Science Degree Programs

Geico Achievement Award
Phone: 1-888-852-6362
email: achievement@geico.com

General Electric (GE)/ LULAC Scholarship

Deadline: August 15

The League of United Latin American Citizens, also known as LULAC, has been raising money to award to Hispanic students since 1932. While LULAC offers a range of different scholarship opportunities on a national level, the council’s General Electric Scholarship is a special opportunity for students pursuing a degree in either business or engineering. GE and LULAC have partnered together to oversee this program and to award two minority students one-time $5000 scholarships that are disbursed in two equal amounts throughout the year. To be eligible, you must meet the following requirements:

* Must be a minority student pursuing a bachelor’s degree from an accredited college
* Must be a full-time student
* Must be a college sophomore by the fall semester
* Must major in business or engineering
* Must have a GPA of 3.25 or higher
* Must be a US citizen or a legal resident

GE/LULAC Scholarship
1133 19th Street NW Suite 1000
Washington, DC 20036
Phone: (877) LULAC-01

GRCF Vivian M. Kommer Scholarship Fund

The GRCF Vivian M. Kommer Scholarship Fund is offered to residents of Michigan who are in need of financial assistance to cover the costs of postsecondary education. As a part of the General Scholarship Application available through the Grand Rapids Community Foundation website, students can apply for 1 of 40 scholarship opportunities when applying for the Vivian M. Kommer opportunity. To qualify for this business scholarship you must:

* Be a senior at West Catholic HS in Michigan
* Be entering into a business or pre-law undergraduate program
* Have a GPA of 3.0 or higher
* Demonstrate financial need

GRCF Vivian M. Kommer Scholarship Fund
Grand Rapids Community Foundation
185 Oakes St SW
Grand Rapids, Michigan 49503
Phone: (616) 454.1751

James A. Turner, Jr. Memorial Scholarship

Deadline: January 15

The James A. Turner Jr. Memorial Scholarship is a unique opportunity that is geared to a very narrow target demographic. To apply for this $3500 renewable scholarship, you must be planning a career in welding distributorship or management of operations in the welding industry. The committee will also only accept applications from students and prospective students who are also employed by a welding distributor for 10 or more hours per week. Other eligibility requirements include:

* Must be majoring in business or a related field
* Must be 18 years of age or older
* Must be a US citizen
* Must be attending an institution in the US
* Must be a college sophomore, junior, or senior

James A. Turner, Jr. Memorial Scholarship
American Welding Society Foundation, Inc.
550 N.W. LeJeune Road
Miami, FL 33126
Phone: (800) 443-9353

Jane M. Klausman Women In Business Scholarship

Deadline: July 1

The Jane M. Klausman Women in Business Scholarship is funded by investment income that is generated by the Klausman bequest, and caters to women who are pursuing careers in leadership. As a member of the Zonta Club, Klausman has decided to select candidates who are members of the Zonta club to receive regional $1000 awards or international $7000 awards. Scholarship recipients can use the funds they are awarded to pay for tuition, living expenses, books, and supplies. To qualify for the scholarship, women must:

* Attend a college or university offering accredited business courses
* Be pursuing a business-related degree (undergrad or master)
* Must be in good standing

Jane M. Klausman Women in Business Scholarship
1211 West 22nd Street, Suite 900
Oak Brook, IL 60523, USA
Phone: (630) 928-1400

Mabel Snoeyenbos Scholarship

Deadline: December 10

The Mabel Snoeyenbos Scholarship was founded in honor of Ms. Snoeyenbo by Mr. & Mrs. Mcready. This merit-based scholarship is awarded to Valley City State University sophomores, juniors, and seniors majoring in Business who are dedicated to postsecondary education and can demonstrate financial need. Each student who is awarded this scholarship will receive $500 per year for academic costs.

Mabel Snoeyenbos Scholarship
Valley City State University
Financial Aid Office
101 College St. SW
Valley City ND USA
Phone: (701) 845-7541

Mark Beaumont Scholarship Fund

Deadline: June 28

If you are pursuing a career as a business professional in the game or interactive entertainment industry, you may be eligible to receive the Mark Beaumont Scholarship. This scholarship is available to college freshmen, sophomores, juniors and seniors who can demonstrate leadership skills and financial need. If your goal is to become a part of executive leadership, public relations, marketing, or business development in the interactive entertainment industry, see if you meet these requirements and apply to receive one of 2 annual awards of $2500:

* Must be a college student attending an accredited school full time
* Must have a 3.3 GPA
* Must have a financial need
* Must show proof of leadership roles
* Must be attending school in the US

Mark Beaumont Scholarship Fund
Academy of Interactive Arts & Sciences
c/o Mark Beaumont Scholarship Fund
9800 S La Cienega Blvd, Suite 100
Inglewood, CA 90301

May M. Walker Business Scholarship

Deadline: December 17

The May M. Walker Business Scholarship is a competitive scholarship that is awarded on an annual basis to business majors who can demonstrate academic ability, leadership experience, potential for success, and financial need. Typically 5 awards are granted in the amount of $1500 and can be used to cover education-related expenses accrued by students at the University of Oklahoma. To qualify, students must:

* Be a college sophomore, junior, or senior at the University of Oklahoma
* Have a minimum GPA of 3.0
* Major in Business
* Must have a FAFSA on file at the University

May M. Walker Business Scholarship
Student Support Center
University of Oklahoma
Adams Hall
Room 7-A
Norman, OK 73019-0450 United States
Phone: 405 325-2668

Moet Hennessy USA ‘High Achievers’ Scholarship

Deadline: Varies

Moet Hennessy USA has donated five scholarships to Medgar Evers College in Brooklyn, NY. This ‘High Achievers’ scholarship is awarded to graduating high school students who plan on attending Medgar Evers College and plan on declaring a business, marketing, or communications major. Students who are awarded will receive a 4-year scholarship that can be renewed each year based on eligibility. To apply for the scholarship applicants must:

* Be graduating high school in central Brooklyn
* Have a GPA of 2.75 or higher
* Major in Business, Communications or Marketing
* Meet the 4-year commitment at Medgar Evers

Moet Hennessy USA ‘High Achievers’ Scholarship
1637 Bedford Ave.
School of Business. & Student Services, Room S110
Brooklyn, NY 11225
Phone: (718) 270-6141

Morgan Stanley Tribal Scholars Program

Deadline: June 30

The Morgan Stanley Tribal Scholars Program will award $5000 annually to Native American students who are enrolled in a tribal college and who are majoring in business or financial services. As part of the American Indian College Fund, all applicants must students with an American Indian heritage and be able to prove their descendancy. In addition to this, all students must:

* Have a GPA of 3.0 or higher
* Be pursuing a degree in business or finance
* Show a commitment to the American Indian community

Morgan Stanley Tribal Scholars Program
American Indian College Fund
8333 Greenwood Blvd.
Denver, CO 80221
Phone: 303.426.8900

NSHMBA Foundation Scholarship Program

Deadline: April 30

The National Society of Hispanic MBAs offers scholarships to Hispanics in business-related professions who are pursuing MBAs. With awards ranging between $2500 and $10,000, the full-year scholarships truly help Hispanic students cover the cost of earning a graduate-level degree. Both full-time and part-time students are welcome to apply as long as they attend a AACSB accredited school. To qualify for this competitive scholarship you must:

* Demonstrate financial need
* Have a history of helping the community
* Be a Hispanic student pursuing an MBA
* Show academic ability

NSHMBA Foundation Scholarship Program
450 E. John Carpenter Frwy, Suite 200
Irving, TX 75062
Phone: 214‐524‐7505

Ritchie-Jennings Memorial Scholarship Program

Deadline: February 4

The Ritchie-Jennings Memorial Scholarship Program was established by Jacqueline Ritchie and Deborah Jennings, the surviving spouses of Ritchie and Jennings who were fatally injured in a terrorist attack, to honor their husbands. This scholarship is available to students worldwide who are pursuing a degree in business, finance, criminal justice, or accounting. One $10,000 award and two $5000 awards, four $2500 awards, and 23 $1000 awards will be granted on a one-year basis to applicants who are accepted. To qualify you must:

* Have a declared major in business, accounting, finance or criminal justice
* Be enrolled in 9 or more units as an undergrad
* Be enrolled in 6 or more units as a grad
* Attend an accredited 4-year college

Ritchie-Jennings Memorial Scholarship Program
Attn: Scholarship Program Coordinator
Global Headquarters – The Gregor Building
716 West Avenue
Austin, TX 78701 USA
Phone: (800) 245-3321

Scarlett Family Foundation Scholarships

Deadline: December 15

The Scarlett Family Foundation offers scholarships to high school graduating seniors, college freshmen, college sophomores, and college juniors who attend or have graduated from a high school in a Middle Tennessee county. Anyone applying must have an interest in business and leadership and must meet the following criteria:

* Must have graduated from an eligible county
* Must be able to show financial need
* Have a GPA of 2.5 or higher
* Plan to attend college full-time
* Must be pursuing a business related degree from a 4-year college

Scarlett Family Foundation Scholarship Program, c/o ISTS, Inc.
1321 Murfreesboro Rd. Ste 800
Nashville TN 37217
Phone: (615) 777-3750

The Graydon and Myrth Fox Scholarship

Deadline: April 22

This scholarship was established to help veterans develop skills that they could use to pursue new career avenues. This scholarship is available to veterans who were wounded during service, or surviving family members of personnel killed serving the country. Those who receive the awards will be awarded $1000 to $5000 for up to 4 years on a renewable basis. The funds can be used to pay for living expenses, tuition, books, and supplies, and will be issued over the course of the academic year. The eligibility criteria is as follows:

* Be a veteran or a surviving spouse, dependent or grandchild
* Demonstrate financial need
* Be pursuing a degree at an accredited school

The Graydon and Myrth Fox Scholarship
Sacramento Region Community Foundation
955 University Avenue, Suite A
Sacramento, CA 95825
Attn: Graydon & Myrth Fox Scholarship
Phone: (916) 921-7723

The JCCA Scholarship

Deadline: February 1

The JCCA Scholarship is a competitive award that is offered to applicants who are identified as “future stars” based on the information provided on the application. Full-time students who apply may receive awards up to $10,000 per year for graduate study expenses when pursuing a graduate-level business degree. To qualify for this scholarship you must:

* Pursue a master’s degre
* Pursue a position with the JCC
* Know about the JCC movement
* Show academic achievement and community leadership
* Be willing to relocate

The JCCA Scholarship
520 Eighth Avenue
New York, NY 10018
Phone: (212)532-5114

WPS Foundation Paul D. Ziemer Scholarship

The Wisconsin Public Service Paul D. Ziemer Scholarship is offered to students majoring in business or engineering who attend the University of Wisconsin. In an effort to honor Paul D. Ziemer, the CEO of of WPS, this scholarship is just for University of Wisconsin students who are at the top 10% of their class scholastically. WPS also offers scholarships to adult re-entry students. To qualify for this award, you must:

* Be the child of a customer of WPS or employee of WPS
* Graduate from high school the year you apply for the award
* Enter school at University of Wisconsin by September of the award year
* Demonstrate a financial need
* Major in Business or Engineering

Wisconsin Public Service Foundation, Inc.
Scholarship Program
Scholarship Assessment Service
W3178 Van Roy Rd., Suite D #156
Appleton, WI 54915
Phone: 800-236-5543