20 Scholarships for Business Majors to Apply for in 2024

On average, business students have typical yearly tuition for attending public and private universities. One can argue that undergraduate students and graduate students studying business are more costly when it comes to college students acquiring a bachelor’s degree.

In a study by the College Board in 2017, it was found that over half of all business students reported having yearly tuition of around $9,000 for public schools. At the same time, the average tuition for a complete 4-year college was $27,357, which is closer to $7,000 annually than $9,000.  

So, because undergraduate and graduate students pursuing business are more costly than other majors in terms of yearly tuition, the need for scholarships to apply is excellent. Especially considering business students have a surplus of math courses they need to take, they have to pay significantly for their school supplies.

Best Scholarships for Business Majors

Thankfully, to help aid graduating high school seniors and college students in their pursuit of scholarship opportunities and achieve a business primary college degree through attending college while demonstrating financial strain and the need for financial aid.

Sharyn First-Generation in Business Scholarship

This scholarship is specifically for applicants pursuing a Business Major in Administration and Management. To be a strong applicant, they must read the newsletter, recommend it to their friends, etc.

  • Award Amount: $1,000
  • Essay Deadline: August 1, 2022
  • Winners Announcement Date: September 1, 2022

Daily Upside Business News Scholarship

This scholarship is specifically for any second-year undergraduate students pursuing a business major as first-generation college students. To be a strong applicant, they must write an essay describing what a college education means.

  • Award Amount: $1,000
  • 400-600 Word Essay Deadline: August 1, 2022
  • Winners Announcement Date: September 1, 2022

Learner Education Women in Mathematics Scholarship

This STEM scholarship is specifically for women looking to get into or continue studying mathematics. The scholarship aims to promote gender diversity and, as said on the application site, “This scholarship exists as part of our initiative to provide more opportunities for women in STEM.” 

  • Award Amount: $1,000
  • 400-600 Word Essay Deadline: August 1, 2022
  • Winners Announcement Date: August 26, 2022

Bold Future of Education Scholarships

This scholarship is for those passionate not only about improving the education level received today but also those passionate about making sure future generations have access to better education.

This scholarship is open to college students of any education level in any field of study and is excellent for college students studying business to apply.

  • Award Amount: $500
  • Developer Portfolio Deadline: June 25, 2022
  • Winners Announcement Date: July 25, 2022

#FinancialFreedom no-essay Scholarships

A scholarship that doesn’t require an essay to be submitted is for ambitious students who don’t have the financial means to pursue their ambition even though they have the drive to do so.

“The scholarship is open to all high school, undergraduate, and graduate school students and non-students from any field of study.”

  • Award Amount: $500
  • Deadline: October 30, 2022
  • Winners Announcement Date: November 30, 2022

First-Year College Students: Jennie Gilbert Daigre Education Scholarships

This scholarship isn’t for admission but for any undergraduate students who want help purchasing their textbooks.

  • Award Amount: $500
  • 400-600 Word Essay Deadline: September 1, 2022
  • Winners Announcement Date: September 30, 2022

Rising Scholarship

This scholarship is for any female student operating at the high school education level in Illinois. The organization Her Rising Initiative, which funds this scholarship, wishes to help create an environment where young female students’ voices can be heard, and their ambitions can be met.

  • Award Amount: $500
  • 400-600 Word Essay Deadline: September 1, 2022
  • Winners Announcement Date: October 1, 2022

Newsette No-Essay Leadership Scholarship for Women

This scholarship is for women who wouldn’t mind signing up for a newspaper that carries sections about technology. Instead of writing an essay, you apply, get a free membership for The Newsette Daily Newspaper, and if you actively read and share the newspaper, you can win the scholarship.

  • Award Amount: $1,000
  • Deadline: July 1, 2022
  • Winners Announcement Date: July 1, 2022

Jacob Daniels Dumas Memorial Scholarship

This STEM scholarship is for students in or heading to North Carolina. It’s designed to support students pursuing any STEM career and isn’t explicitly tied to one area of mathematics or science. The application site says, “The Jacob Daniel Dumas Memorial Scholarship will support students in their STEM educational journey.”

  • Award Amount: $3,000
  • 400-600 Word Essay Deadline: September 4, 2022
  • Winners Announcement Date: October 4, 2022

Virginia Jeanette Drummond Kissane Women in STEM Memorial Scholarship

This STEM scholarship is specifically intended for graduates of Girls Middle School of Palo Alto, California, or Presentation High School of San Jose, California. So, if the applicant is a high school graduate or attendee of either school, they are qualified to apply to this scholarship meant for young women pursuing a STEM career or a career involving STEM work. 

  • Award Amount: $3,000
  • 400-600 Word Essay Deadline: November 1, 2022
  • Winners Announcement Date: November 30, 2022

Show your Mettle – Women in STEM Scholarship

This STEM scholarship is for women who struggle to receive the same resources and support men do when trying to enter the STEM field. It’s a general scholarship: “Any female student pursuing IT or STEM may apply for this exclusive scholarship opportunity.” It’s a good scholarship to apply for any woman pursuing a STEM career or a career related to a STEM field regardless of education level.

  • Award Amount: $1,500
  • 400-600 Word Essay Deadline: September 1, 2022
  • Winners Announcement Date: September 30, 2022

Dynamic Edge Women in STEM Scholarship

This STEM scholarship from Dynamic Edge(a leading IT services provider) is for any woman seeking a STEM degree in either Michigan or Tennessee. If you wish to apply, you must write about your favorite tech invention over the past ten years and explain your goals as a Dynamic Woman in I.T.

  • Award Amount: $4,000
  • 400-600 Word Essay Deadline: September 15, 2022
  • Winners Announcement Date: September 30, 2022

Rho Brooks Women in STEM Scholarship

This STEM scholarship is for any woman looking to pursue a STEM degree and is attending college during the Fall of 2022. This scholarship aims to incentivize young women to pursue a career in a STEM field or field related to STEM without being concerned with the monetary cost. 

  • Award Amount: $2,000
  • 400-600 Word Essay Deadline: July 30, 2022
  • Winners Announcement Date: August 30, 2022

Minority/Women in STEM Scholarship

This is the prime STEM scholarship for women of color and first-generation, low-income students. “This scholarship aims to support underprivileged students interested in pursuing careers in STEM.” So, all women of color or first-generation women with low income are capable of applying for this scholarship.

  • Award Amount: $5,425
  • 400-600 Word Essay Deadline: July 2, 2022
  • Winners Announcement Date: July 31, 2022

Minority Women in STEM Financial Need Scholarship

This STEM scholarship is intended for women of color. The scholarship is designed to encourage any women attending the University of Texas that they should pursue their dreams of a STEM career. To apply, write about your goals after college and define what a STEM career or a STEM-related career would be able to do for you after your complete education.

  • Award Amount: $1,000
  • 400-600 Word Essay Deadline: June 20, 2022
  • Winners Announcement Date: July 20, 2022

ProjectGiveBack Scholarship for Black Women

This scholarship doesn’t require the student to attempt to take courses in any specific STEM or Business field, but it is designated for black women. It’s about giving back to the black community, so if the applicant has any volunteering or work experience, they have a good chance of actually earning the scholarship.

  • Award Amount: $2,000
  • 500-1000 Word Essay Deadline: July 26, 2022
  • Winners Announcement Date: August 26, 2022

Empowering Women Through Education Scholarship

This scholarship is for any woman struggling with low income and minimal finances. It’s the best fit for high school seniors trying to apply to colleges because if you’re an undergraduate, you’ve more than likely found some financial relief. Meanwhile, for high school graduates, this type of simple scholarship is a good one to apply for because it is easy to grasp.

  • Award Amount: $500
  • 400-600 Word Essay Deadline: June 30, 2022
  • Winners Announcement Date: July 31, 2022

Women’s History Scholarship

This scholarship is inspired by the struggles that many historically great women have experienced. As such, it is a pretty easy scholarship to apply for with there not being an essay to write. “Any high school senior, undergraduate, or graduate student who identifies as female may apply for this scholarship.”

  • Award Amount: $1,000
  • Deadline: August 31, 2022
  • Winners Announcement Date: September 7, 2022

Black Students in STEM Scholarship Fund

This scholarship is for those looking to attend a Historical Black College and University (HBCU). You must have at least a 2.5 GPA and must complete a short essay, but it is a suitable pathway for black women to get financial support to attend STEM programs in black institutions. 

  • Award Amount: $1,000
  • 100-300 Word Essay Deadline: June 30, 2022
  • Winners Announcement Date: July 30, 2022

Tony Alviani Memorial Scholarship

This scholarship is local to the state of Pennsylvania. It is intended for a high school graduate or a college undergraduate interested in pursuing careers in both businesses and, more importantly, computer science. For any women local to Pennsylvania interested in the computer science portion of STEM, this is a solid scholarship to apply for.

  • Award Amount: $500
  • 400-600 Word Essay Deadline: October 2, 2022
  • Winners Announcement Date: November 2, 2022

About Scholarships for Business Majors

Business Major scholarships are abundant and vast due to the popularity of business as a major for higher education. Business’ popularity isn’t shocking because business is a profitable major, and business majors have more options than anyone else regarding future employment.

What Are Scholarships for Business Majors?

Business Majors Scholarships

Scholarships for business majors are scholarships dedicated to students who are interested in or currently taking business majors. Business majors are the popular choice for many students; major business scholarships are more general scholarships typically sponsored by different programs. 

What Qualifies Business Majors for Scholarships?

To qualify for a significant business scholarship, the student must be able to provide evidence of their interest in a business major. Business scholarships can only be granted to those pursuing a business degree. 

Types of Scholarships for Business Majors

One of the significant benefits of major business scholarships is that many undergraduate and graduate students have deep ties in mathematics, which means scholarships with mathematics involved are also a factor. However, considering how popular business is as an area of study by undergraduate students and graduates, business-specific scholarships cover many different subjects.

Business Major Scholarships by Large corporations

Business major scholarships from large corporations are sponsored by entire companies and have large enterprises backing them, which commonly leads to more significant rewards.

Business Major Scholarships from Private Providers 

Business major scholarships from large private providers are sponsored by singular bodies and are typically backed by a wealthy individual. 

Business Major Scholarships from Schools

Business major scholarships from schools have specific requirements and features given to those attending the particular school. 

How to Find Scholarships for Business Majors

Due to the popularity of the business, students can find by going through multiple college sites and seeing the type of scholarships they have that apply to those with a certain amount of community service hours. Or look at other scholarship services that value leadership qualities and experiences with community service.

While there aren’t an infinite amount of major business scholarships, there is a good quantity of them, which is essential considering the large number of students that can apply for them, whether they are still in high school or are beginning college.

Depending on the major, those who apply for scholarships can also apply for mathematical scholarships. Only applying to specific scholarships can lead to disappointment with the competition for those particular majors and their scholarships.

Tips for Business Majors to Win Scholarships

When it comes to scholarships that apply to undergraduate and graduate students studying business, a tip to winning these scholarships is being able to share reasons why there are pursuing a business major. Writing about these reasons in an essay ranging between 200 to 1000 words is a great way to win a scholarship.

Frequently Asked Questions About Business Major Scholarships

Scholarships that apply to business students pursuing a business major are abundant but often aren’t very clear. It isn’t easy to find them or understand what scholarships use for each business major. These are some answers to some commonly asked questions for community service scholarships.

Are our Business scholarships legit?

Business major scholarships are accurate and based on a commitment to pursuing an education in a particular field of business. Often major business scholarships are given to those who have already committed to the major or are currently undergraduates.

How can I improve my chances of winning Business scholarships?

You can improve your chances by taking your time with your essays. Also, you can improve your chances of winning a scholarship program for community service by including a cover letter showing your community service experiences.

How many Business scholarships can you get?

There is no limit to the number of scholarships. You can apply for as many as there are available. You can apply for multiple scholarships at once. You can receive funding from various scholarships.

Are Business scholarships taxable income?

Business major scholarships are taxable depending on the funds for room and board, optional materials, and travel. It is not taxable if the scholarship is used for tuition, assigned books, etc.  

What’s the best way to apply for Business scholarships?

By checking the requirements for the scholarship and making sure that you have the best essays, do your research on who is funding the scholarship. If the person sponsoring the scholarship has specific preferences in who they give it to, that’s also something to account for.

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