AbdulAre you interested in pursuing a degree in business administration? Do you want to learn the skills and knowledge that will help you succeed in the competitive and dynamic world of business? If so, you may be wondering how to finance your education and reduce your student debt.
Fortunately, there are many scholarships available for students who want to study business administration. These scholarships can help you cover the costs of tuition, fees, books, and other expenses. They can also enhance your resume and demonstrate your academic excellence and leadership potential.
In this blog post, we will introduce you to the top 10 business administration degree scholarships that you can apply for. We will provide you with a brief description of each scholarship, as well as the cost, deadline, and application link.
Why Apply for Business Administration Degree Scholarships?
Business administration is one of the most popular and versatile fields of study. It covers a wide range of topics, such as accounting, finance, marketing, management, economics, and more. It prepares you for a variety of careers in different sectors and industries. It also equips you with the skills and knowledge that are essential for entrepreneurship and innovation.
However, studying business administration can also be expensive. According to the College Board, the average annual tuition and fees for a four-year public college in the US were $10,560 for in-state students and $27,020 for out-of-state students in 2020–2021. For a four-year private college, the average annual tuition and fees were $37,650. These figures do not include other costs, such as room and board, transportation, and personal expenses.
Therefore, applying for scholarships can be a smart and strategic way to fund your education and reduce your financial burden. Scholarships can help you pay for some or all of your educational expenses, depending on the amount and type of the award. Scholarships can also provide you with other benefits, such as:
- Recognition of your academic achievement and potential
- Enhancement of your resume and professional profile
- Networking opportunities with other scholars and sponsors
- Access to mentoring, guidance, and support
- Development of your personal and professional skills
ALSO READ: 10 Best Online MBA Programs with Scholarships
The Top 10 Business Administration Degree Scholarships
There are many scholarships available for students who want to study business administration. However, some of them may have specific eligibility criteria, such as academic performance, financial need, geographic location, ethnic background, gender, or field of interest. Therefore, it is important to research and apply for scholarships that match your profile and goals.
To help you get started, we have compiled a list of the top 10 business administration degree scholarships that you can apply for. These scholarships are open to students from different backgrounds and levels of study. They are also generous and prestigious, offering significant financial support and recognition. Here are the top 10 business administration degree scholarships:
1. The Association of Latino Professionals in Finance and Accounting (ALPFA) Scholarship Program
This program supports undergraduate Hispanic students pursuing careers in business, accounting, and finance. The ALPFA is the largest Latino association for business professionals and students in the US, with over 80,000 members and 150 chapters. The ALPFA scholarship program aims to increase the representation and success of Hispanic students in the business world. The program offers multiple scholarships ranging from $1,500 to $10,000, depending on the level of study and the partner organization. The program also provides mentoring, networking, and internship opportunities for the recipients.
Cost: Varies (multiple scholarships offered)
Deadline: May 15th
Application Link: https://www.alpfa.org/page/scholarship
2. The Dell Scholars Program
Dell empowers outstanding high school students from underrepresented communities to pursue degrees in business, engineering, and computer science. The Dell Scholars Program is a part of the Michael & Susan Dell Foundation, which focuses on improving the lives of children living in urban poverty. The Dell Scholars Program recognizes students who have overcome significant challenges and demonstrated academic potential and grit. The program offers up to full tuition and fees, as well as a laptop, textbook credits, and academic support for the recipients. The program also connects the recipients with a network of peers, mentors, and alumni.
Cost: Up to full tuition and fees
Deadline: Varies by school
Application Link: https://www.dellscholars.org/scholarship/
3. General Electric (GE)/LULAC Scholarship
This scholarship champions Latino students pursuing STEM (Science, Technology, Engineering, and Math) degrees, including business administration. The GE/LULAC Scholarship is a collaboration between the General Electric Foundation and the League of United Latin American Citizens (LULAC), the oldest and largest Hispanic civil rights organization in the US. The scholarship aims to increase the diversity and excellence of STEM professionals and leaders. The scholarship offers up to $10,000 per year for up to four years, as well as mentoring and internship opportunities for the recipients.
Cost: Up to $10,000 per year
Deadline: April 15th
Application Link: https://lulac.org/programs/education/scholarships/
4. Mark Beaumont Scholarship Fund
This scholarship supports full-time undergraduate students demonstrating exceptional academic achievement and financial need. The Mark Beaumont Scholarship Fund is a memorial fund established by the Academy of Interactive Arts & Sciences (AIAS) in honor of Mark Beaumont, a former executive at Capcom and Midway. The scholarship aims to foster the next generation of leaders and innovators in the interactive entertainment industry. The scholarship offers up to $2,500 per year for up to four years, as well as access to AIAS events and programs.
Cost: Varies
Deadline: March 1st
Application Link: https://nbmbaa.org/the-national-black-mba-association/
5. Mary Elizabeth Lockwood Beneventi MBA Scholarship
This scholarship empowers women pursuing MBA degrees at accredited institutions. The Mary Elizabeth Lockwood Beneventi MBA Scholarship is a part of the Daughters of the American Revolution (DAR) scholarship program, which awards over $150,000 in scholarships annually to students of various backgrounds and fields of study. The scholarship honors the memory of Mary Elizabeth Lockwood Beneventi, a DAR member and a businesswoman. The scholarship offers $5,000 per year for up to two years, as well as recognition and support from the DAR community.
Cost: $5,000
Deadline: Varies by school
Application Link: Check with your chosen MBA program
6. The Ford Motor Company Tribal Scholarship
Ford supports American Indian, Alaska Native, and Native Hawaiian students pursuing business and engineering degrees. The Ford Motor Company Tribal Scholarship is a part of the American Indian College Fund (AICF), which is the largest provider of scholarships for Native American students in the US. The scholarship aims to promote the education and career development of Native American students in the fields of business and engineering. The scholarship offers up to full tuition and fees, as well as academic and personal support for the recipients.
Cost: Up to full tuition and fees
Deadline: March 1st
Application Link: https://www.cde.state.co.us/coscience/cs-rb-fordmotorcompanytribalscholarship
7. Ritchie-Jennings Memorial Scholarship Program
This program honors outstanding undergraduate students from underrepresented communities pursuing business degrees. The Ritchie-Jennings Memorial Scholarship Program is a tribute to Larry Ritchie and Tracy Jennings, two anti-fraud professionals who died in a terrorist attack in 1997. The scholarship is sponsored by the Association of Certified Fraud Examiners (ACFE), the world’s largest anti-fraud organization. The scholarship aims to support the education and career advancement of students who are interested in fighting fraud and corruption. The scholarship offers multiple awards ranging from $1,000 to $10,000, as well as a one-year ACFE student membership and access to ACFE resources and events.
Cost: Varies
Deadline: May 1st
Application Link: https://nabainc.org/scholarships/
8. The Graydon and Myrth Fox Scholarship
This scholarship supports full-time undergraduate students at the University of North Carolina Wilmington who demonstrate financial need and academic merit. The Graydon and Myrth Fox Scholarship is a legacy fund established by Graydon and Myrth Fox, two alumni and benefactors of the University of North Carolina Wilmington. The scholarship aims to help students who have overcome adversity and have a passion for learning. The scholarship offers a variable amount based on the availability of funds and the number of recipients, as well as recognition and support from the university.
Cost: Varies
Deadline: March 1st
Application Link: https://uncw.edu/seahawk-life/money-matters/financial-aid/types/scholarships
9. Executive Women International Scholarship Program (EWISP)
EWISP empowers women pursuing Master’s degrees in business and related fields. EWISP is a program of Executive Women International (EWI), a global organization that connects and supports women leaders in various professions and industries. EWISP recognizes and rewards women who have demonstrated academic excellence, leadership potential, and community involvement. EWISP offers multiple scholarships ranging from $1,000 to $10,000, as well as mentoring and networking opportunities for the recipients.
Cost: Varies
Deadline: March 1st
Application Link: https://ewiconnect.com/
10. Scarlett Family Foundation Scholarships
This foundation supports undergraduate students from Middle Tennessee who are majoring in business or a STEM-related field. The Scarlett Family Foundation was established by Bill Scarlett, a former CEO of Tractor Supply Company, and his family. The foundation aims to promote the education and career success of students who have a passion for entrepreneurship and innovation. The foundation offers scholarships up to $15,000 per year for up to four years, as well as guidance and support for the recipients.
Cost: Up to $15,000 per year
Deadline: December 15th
Application Link: https://www.scarlettfoundation.org/students/
Conclusion
As you can see, there are many opportunities for students who want to study business administration to receive financial aid and recognition. These scholarships can help you achieve your academic and career goals, as well as make a positive impact on your community and society. We encourage you to research and apply for these scholarships, as well as other scholarships that may be available for you. Remember, every scholarship counts, and you never know what you can achieve until you try.
Abdul
