Top Business Scholarships (2025)

Securing a business scholarship is your starting point for a successful journey in the dynamic world of business.

These scholarships open doors to prestigious university business programs, aiming to nurture excellence, innovation, and leadership. With a business degree, you'll not only survive but thrive in our market-driven capitalist society.

The Value of a Business Degree

Business degrees are a sound investment. According to Monster, over 60% of business-related jobs offer salaries of $90,000 or more per year.

The business field, especially in technology and data-driven industries, is set to experience continued growth, putting business graduates in high demand.

What Can You Do with a Business Degree?

Business degrees offer diverse career opportunities. Here are five high-paying, popular business career paths:

• VP, finance
• chief financial officer (CFO)
• finance director
• corporate controller
• portfolio manager

Who Offers Scholarships for Business Majors?

While many universities provide scholarships, full-tuition business scholarships can be highly competitive due to the abundance of business students.

However, several organizations and corporations recognize the value of supporting business majors.

These include:

• large corporations
• community groups including civic organizations and professional associations
• government agencies
• nonprofit agencies

Are You Eligible for a Business Scholarship?

Eligibility criteria for business scholarships vary widely, with some considering demographic factors, community service, extracurricular activities, and work experience.

Various scholarships are available for the following demographics:

• minorities
• women
• parents
• business majors
• athletes

Volunteering and community service can enhance your eligibility. It sets you apart from other candidates and demonstrates your commitment to helping your community.

Volunteering can also provide valuable experiences to enrich your scholarship essays and connect with potential references.

Certain scholarships are designed for students with specific medical conditions, such as cancer, multiple sclerosis, diabetes, epilepsy, or visual and auditory impairments.

Additionally, part-time or online business degree students may also be eligible for scholarships.

Scholarships for Business Majors

Now, let's explore some of the top business scholarships in 2024.

1. General Electric (GE)/LULAC Scholarship

• Amount: $5,000
• Eligibility: U.S. citizens in the sophomore year of a business or engineering program leading to a bachelor's degree, minimum GPA of 3.25

2. Miller Coors National Scholarship

• Amount: $3,000 (Renewable)
• Eligibility: Hispanic students in their junior or senior year working toward a business degree, U.S. citizenship, GPA of 3.0

3. ALPFA Scholarship Program

• Amount: $1,250 - $1,500, up to $10,000
• Eligibility: students pursuing degrees in accounting, finance, or other business-related fields, Hispanic, U.S. citizenship, GPA of 3.0

4. Frank L. Greathouse Government Scholarship

• Amount: $5,000
• Eligibility: students in an undergraduate or graduate accounting program with a desire for a government career

5. Golden Key Undergraduate Achievement Scholarship

• Amount: $5,000
• Eligibility: open to students pursuing degrees in various fields

6. Gates Millennium Scholars Program

• Amount: Varies based on need
• Eligibility: high school students or graduates with U.S. citizenship, of specific ethnic backgrounds, and a GPA of 3.3

7. Coca-Cola Scholars Program

• Amount: $10,000 to $20,000
• Eligibility: high school students planning to attend a 4-year degree program in a U.S. school, minimum GPA of 3.0

8. Florida Bright Futures Scholarship Program

• Amount: $5,000
• Eligibility: Florida high school graduates, GPA of 3.0, Academic Top Scholars Award winner

9. A&F Scholarships

• Amount: $1,000
• Eligibility: high school and college students pursuing a bachelor's degree, complete an essay based on the provided question

10. Generation Ali Global Citizenship Scholarship Program for Undergraduate Students

• Amount: $10,000
• Eligibility: high school seniors or students in an undergraduate program pursuing a four-year degree

11. Ritchie-Jennings Memorial Scholarship Program

• Amount: varies (up to $10,000)
• Eligibility: students pursuing a degree in accounting, business administration, criminal justice, or finance, full-time enrollment in a 4-year college or university program

12. ALPFA/HSF Scholarship Program

• Amount: $2,000 to $10,000
• Eligibility: students of Hispanic heritage with U.S. citizenship, pursuing a bachelor's degree, GPA of 3.0

13. J.P. Morgan Chase Scholarship

• Amount: full tuition
• Eligibility: high school seniors in New York City high schools planning to attend qualifying secondary schools in the state, available for various degree programs, including business

14. The Dell Scholars Program

• Amount: $20,000
• Eligibility: students experiencing underprivileged circumstances, U.S. high school students with a GPA of 2.4 or higher

15. Buick Achievers Scholarship Program

• Amount: $2,000 to $25,000
• Eligibility: students demonstrating academic dedication, community involvement, pursuing a bachelor's degree, and financial need

How to Win Business Scholarships

To increase your chances of winning business scholarships, start by reflecting on your aspirations, inspirations, and experiences. Use these reflections to create compelling scholarship essays.

Additionally, consider the following:

• how you hope to make a positive impact in the business world
• experiences that led you to pursue a business career
• achievements demonstrating your potential in the field
• your long-term career vision
• individuals who inspired your business journey

Once you've reflected, tailor your scholarship essays to the word limits, and focus on impactful storytelling. Make your essays powerful, informative, and memorable.

Expansive Scholarship Opportunities

The world of business scholarships offers a wealth of possibilities for students to finance their education and chase their academic and career dreams, from pursuing an associate in hospitality management to aiming for an international business salary.

Our team has highlighted top scholarships that cater to a diverse range of students, considering their accomplishments, interests, and backgrounds.

Prospective business majors should conduct thorough research, meet eligibility criteria, and apply early to maximize their chances of securing these valuable financial aids.

These scholarships not only ease the financial load but also unlock doors to extensive networking and professional development opportunities, setting you on the path to a successful business administration career.