Business Management Financial Aid & Scholarships

Explore Funding Opportunities, Resources & Tips For An Affordable Degree

A business degree can lead to a future in administration, finance, accounting, marketing or several other corporate careers. However, the high costs of a college education can often stop prospective students from pursuing a business degree. Find financial aid and scholarship resources, alternative solutions to pay for college, and information that can help lead to a debt-free business degree.

Find & Research Business Management Scholarships

Prospective business students can search for scholarships based on a range of criteria, such as academic performance, career goals and research focus. Scholarships may be earmarked for tuition, projects, further research or other education-based expenses

RankNameAmountDeadline
1Daniel B. Goldberg Scholarship$14,000Late February
2Frank L. Greathouse Government Accounting Scholarship$8,000Late February
3Minorities in Government Finance Scholarship$9,000Late February
4Government Finance Professional Development Scholarship$9,000Late February
5CBAI Annual Scholarship Program$4,000Early February
6Al Conklin and Bill de Decker Business Aviation Management Scholarship$5,000Late July
7Eddie Queen Business Aviation Management Scholarship$2,500Late July
8National Black MBA Association Graduate ScholarshipVariesLate June
9National Black MBA Association Undergraduate ScholarshipVariesLate June
10Fauth Business Scholarship$10,000Varies
11ARTBA Student Transportation Video Contest$500Mid-August
12International Dairy-Deli-Bakery Association (IDDBA) Scholarship Program$2,000Mid-August
13Blue Ash Business Association Scholarship$2,000Late March
14Clubs of America Scholarship Award for Career Success$1,500Late August
15Rapid Formation Entrepreneur Scholarship Programme$750Late August
16Illinois CPA Society Exam Award$750Mid-September
17FormSwift Startup Scholarship$1,000Mid-September
18Acorn Equality Fund Pauls Scholarship$5,000Late September
19ZipRecruiter Scholarship Challenge$3,000Late September
20Wealthsimple Finance and Economics Scholarship$1,000Late August
21SHRM Graduate Foundation Scholarship$5,000Mid-October
22Richard Eaton Award$2,500Mid-October
23California Association of Realtors Scholarship Foundation Award$4,000Early September
24Christine Mirzayan Science and Technology Policy Graduate Fellowship Program$9,000Early September
25CalCPA Inland Empire Chapter Scholarship$2,000Late October
26Internal Auditor Scholarship Program$1,000Late September
27Accounting and Financial Women’s Alliance Scholarship$2,000Late January
28CARID Scholarship Program$1,000Late October
29Build U. Scholarship$2,500Early November
30SILA Foundation Post-Secondary College Scholarship$2,500Late May
31AICPA John L. Carey Scholarship$5,000Early April
32AICPA/Accountemps Student Scholarship Award$10,000Early April
33The A.A. and Hattie Mae Bush Accounting Scholarship$4,000Mid-February
34American Society of Women Accountants$2,000Early March
35Harvey Fellowship$12,000Early November
36Gladys A. Moreau Scholarship$1,500Mid-November
37Marjorie M. Shostak Scholarship$1,500Mid-November
38Herman J. Neal Scholarship$4,000Early April
39Illinois CPA Society Accounting Scholarship Program$4,000Early April
40Illinois CPA Society Women’s Executive Committee Advancing Women in Accounting Scholarship$4,000Early April
41Illinois CPA Society Accounting Textbook Scholarship$500Early April
42Laurels Fund Scholarships$5,000Mid-May
43Maine State Chamber of Commerce Scholarship$1,500Varies
44Matt Fong Asian Americans in Public Finance Scholarship$2,500Early May
45Seguritan: Frederick and Demi Seguritan Scholarship$5,000Late February
46Nellie Martin Carman Scholarship Fund$2,000Early March
47Mel C. Marshall Student Scholarship$4,000Varies
48AfterCollege Business Student Scholarship$500Late September
49UADP Scholarship for Accounting$1,500Late November
50Arizona Business & Professional Women’s Foundation Scholarships$1,500Early April
51CalCPA Peninsula Chapter Accounting Scholarship$2,000Late September
52McNally Smith College of Music Scholarship$7,500Early December
53Ford Motor Company Tribal Scholarship$3,000Late May
54Hoods Memorial Scholarship$2,000Early May
55Jewish Community Center (JCC) North American Graduate ScholarshipVariesEarly February
56Adore Me Scholarship$1,000Early December
57JSU Alabama Bob & Lou Kennamer Scholarship$1,200Early March
58Worthy Women’s Professional Studies Scholarship$2,500Mid-December
59Logomator Scholarship$500Mid-December
60TableLegsOnline.com Future Entrepreneurs of America Scholarship$500Late December
61Morgan Stanley Tribal Scholars Program$5,000Late May
62NEWWA Francis X. Crowley Scholarship$3,000Early April
63UNF Coggin Pathways to Success Scholarship$2,000Mid-October
64Phi Chi Theta Anna E. Hall/Helen D. Snow Scholarships$1,000Early May
65PMI Central Florida Chapter Scholarship$1,000Early June
66PMI Eastern Iowa Chapter Scholarship$1,000Early May
67Movers Corp Scholarship$1,000Mid-January
68PMI Robert J. Yourzak Scholarship Award$2,000Early May
69Scarlett Family Foundation Scholarship$60,000Mid-December
70Search to Learn Scholarship$1,000Mid-October
71Surety & Fidelity Industry Intern and Scholarship Program$5,000Mid-November
72The Graydon & Myrth Fox Scholarship$5,000Late March
73The LAGRANT Foundation Undergraduate Scholarships$2,500Late February
74Illinois Real Estate Educational Foundation (ILREEF) Academic Scholarship$1,000Early April
75Tidewater AGC Educational Scholarships$5,000Late November
76Association of Illinois Real Estate Educators (AIREE) Alan S. Toban Grant$500Mid-April
77George Mason Business Scholarship Fund$1,000Late January
78AACE International Competitive Scholarship Program$2,500Late February
79RDW Group, Inc. Minority Scholarship for Communications$2,000Late April
80Blacks at Microsoft Scholarships$20,000Early March
81Jay Kaplan Memorial Scholarship$2,000Early March
82Dominion Diversity Internship/Scholarship Program$5,000Late May
83GEICO Achievement Award$1,000Early February
84Harry Applegate ScholarshipVariesMid-January
85Don DeBolt DECA Scholarship$2,000Mid-January
86Northwest Vermont Accounting Scholarship$500Early March
87Paul Gallagher Entrepreneurial Scholarship$2,000Early March
88Generation III Scholarship Fund$1,000Mid-March
89Gene Swackhamer Agricultural Economics and Business Scholarship$500Late April
90Tri-State Surveying and Photogrammetry Kris M. Kunze Memorial Scholarship$2,000Early October
91MBA Scholarships Essay Contest$1,000Late May
92New Mexico Higher Education Department Graduate Scholarship Program$7,200Early March
93HubShout Internet Marketing Scholarship$1,000Varies
94Jane M. Klausman Women in Business Scholarships$7,000Varies
95The Lead Roster B2B Sales & Marketing Scholarship$1,000Mid-December
96Marketing EDGE Student Marketing Scholarships$5,000Mid-April
97Mary Elizabeth Lockwood Beneventi MBA Scholarship$2,000Mid-February
98African American Heritage Endowed MBA Scholarship$10,000Mid-April
99Andy and Julie Plata Honorary Scholarship$2,000Early May
100Ritchie-Jennings Memorial Scholarship ProgramVariesLate January

The Business Scholarship Application: 8 Winning Tips

Once potential students have compiled a list of applicable scholarships, they must make sure their applications stand out. Here are a few tips on how to make applications shine:

  1. Focus on business experience and knowledgeTry to include only experience relevant to a field involving business. Highlight specific business skills and knowledge gained from recent work employment or internships.
  2. List top academic and life achievementsWhen writing a personal statement, make sure to explain the relationship between your personal and professional background and your future career goals. Do not use overly broad or cliché statements. Spend time explaining your skill set and how you wish to grow in your business pursuits.
  3. Detail relevant business and academic achievementsAny business or academic honors should be highlighted in the scholarship application because they demonstrate dedication.
  4. Prioritize writing the essayDemonstrating concise and effective writing is just as important to an application essay as highlighting qualifications.
  5. Identify your audience before starting your essayAsk the following: Who will be reading the essay? What do they know about you? What are they interested in hearing about you?
  6. Spend extra time on the introductionScholarship committees read a lot of essays, so something fresh and creative is more likely to grab their attention than the standard spiel. Draw readers in by telling them what the essay is about and why they should keep reading. Don’t forget, however, to show that you understand the essay question. You can do this by rephrasing it into your own words.
  7. Show, don’t tellUse descriptive and active word choices in the body of the essay.
  8. Re-read, revise…and then ask a friend to proofreadTypographical errors and awkward phrasing in an essay can sink an application. Print it out and read through it again the next day with fresh eyes. Read it aloud. Go to your college resource center and have professionals edit it and make suggestions. Make sure there are absolutely no errors.

Think Outside the Box: Paying for a Business Degree

While scholarships can be very helpful in lifting the burdens of financial debt, there are other ways students can assist in funding their degree programs. Here are a few oft-overlooked ways to pay for a business degree:

Assess spending

There are many small choices potential students can make to build funds to apply to a graduate degree in business. One easy way to pay for a business degree is by creating a budget to separate necessary costs from unnecessary ones, which will help save money. Start by identifying key necessities and lifestyle needs. Then, calculate specific amounts to your budget and stick to it. Keep a specific record of daily, weekly and monthly transactions.

Start a college savings account

Put 10 percent of each paycheck into a savings account. Do not use that money for anything else.Get work experience

Some colleges allow students to apply their work experience toward course credits, creating a lighter load of classes for students to take, and thus lowering the overall cost of the education. So research your options to find the best fit and the best savings.

Get company assistance

As a benefit to their employees, some companies offer tuition reimbursement or assistance programs for pursuing a college degree. By getting a degree through company funding, your job stability and pay can increase substantially. Some companies fully reimburse for tuition, books and fees, while others only pay a percentage. Check with the human resources department for details.

Use tax reductions

The government offers tax breaks to students pursuing a university education. These tax reductions allow students to subtract college-related expenses from the tax they owe.

Choose a shorter program

Certifications might be a money-saving way to quickly grow your knowledge base in preparation for a business career. There are many business programs that can be completed quicker than a degree, such as business analysis, Web applications and small business certifications. The requirements for pursuing these certifications range from having a bachelor’s degree to applying work experience to passing examinations.

Further Scholarship Resources for Business Students

There are many other business scholarship resources available to aspiring business students. Many organizations offer financial aid based upon specific guidelines, while others are much broader or allow students to tailor their scholarship search to fit their personal profiles. Below, find additional financial aid opportunities for funding the costs associated with a business degree:

ALPFA Scholarship Program

The Association of Latino Professionals in Finance and Accounting provides scholarships to Hispanic students pursuing degrees in accounting, finance or other business-related fields. Students must be U.S. citizens and have a 3.0 GPA.

American Business Women’s Association

ABWA gives scholarships to women who are pursuing a business degree. They provide financial assistance and create professional development programs to encourage women’s growth in business and future career pursuits.

Asian Women in Business

AWIB works to support Asian women to earn a degree in business. To apply for scholarships, applicants must be female, permanent residents of the U.S., and of Asian or Pacific Islander ancestry.

FAFSA

The federal government subsidizes college education through financial aid programs, handing out billions of dollars in grants and loans to students each year.

Marketing EDGE

Marketing EDGE provides scholarships to students pursuing the field of marketing, seeking to educate students and provide the resources for them to turn their education into a career.

Project Management Institute Educational Foundation

PMIEF gives specialized scholarships to students pursuing a degree in project management or a related field. Scholarships, grants and other awards are available to undergraduate and graduate students as well as to those interested in professional development.

For more tips and resources for pursuing a business degree, visit our College Learning and Resource Center.

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