Last Updated on November 8, 2020
The cost of a college education is rising daily, both in the USA and worldwide. Consequently, many bright students find it challenging to pursue their academic dreams due to unaffordable fees. This steep rise in academic costs affects all fields, including business management programs.
To deal with these rising expenses, some students opt to work and learn to raise money to pay for their higher education. However, this option isn’t enough because some of them also have other immediate family dependents such as children and spouses to provide for.
Fortunately, this situation doesn’t mean that all hope is gone. The good news is that you can be among a few lucky students who can get another way to further your business administration studies in the USA with minimal or zero expenses.
This relief comes in the form of scholarships. Therefore, this post covers the top seven scholarships you can benefit from to build your business career. They cover both international and local students. The scholarships are also suitable for minority groups in the US, such as African Americans and Hispanics. So, keep reading to see how you can benefit and further your business career stress-free.
Women in Public Finance Scholarship
Our scholarship experts start the coverage with ladies. This beginning point is more affirmative and conforms to the popular “ladies first” mantra. This scholarship program seeks to empower ladies in their high school to fund their further undergraduate education. It caters to their expenses in fields such as finance, law, and accounting.
All female students in the final years of their senior high school levels qualify to apply for the scholarship program. If they need help with a cover letter or a gun control essay, they may contact a professional writing agency to get help with their assignments. However, it isn’t renewable at college levels since it’s strictly for high school applicants.
Moreover, all applicants must demonstrate excellent leadership traits, skills, and engagements. For example, they have to prove they can lead in areas such as sports and games.
NFIB Young Entrepreneur Awards
If you are willing to plunge yourself into entrepreneurship, this sponsorship is ideal for you. It is open to all students who are already running their businesses and need to further their education. It’s an award for those who are optimizing their business and enterprising skills.
However, you don’t need to be a big business owner to be eligible for it. Instead, you only have to run a small and vibrant business on the ground. Also, you ought to display exemplary leadership abilities and skills inside your business and in class. Since its inception in 2003, it has awarded more than $2.55 million to enterprising small business owners.
The National Black MBA Association
If you are an African student seeking some funding for your business education, this scholarship comes in handy for you. The National Black MBA Association runs a yearly scholarship to help African-American students to advance their studies at the master’s level.
If you want to benefit from it, you will need a minimum GPA of 3.0. The association awards the sponsorship depending on an applicant’s demonstrated leadership capacity, their service to the community, and intellectual brilliance. The sponsorship amount ranges between $1,000 and $15,000.
The National Society of Hispanic MBAs
Still, on ethnic minority-focused scholarships, the National Society of Hispanic MBAs also has its sponsorship that empowers American Hispanic scholars. The scholarship focuses on students seeking to accelerate their studies to master’s levels at universities or certified colleges.
An applicant must have a minimum GPA of 3.0 and also have the NSHMBA membership. The Society bases its awards on one’s academic excellence and their level of financial need. Its funding ranges between $2,500 and $10,000.
If you are an international student seeking to advance your studies in the US, this scholarship program is your perfect choice. The sponsorship benefits students taking any subject from a university affiliated to it. All applicants should submit either essays or videos to prove their interest in and ability to promote intercultural studying and interactions.
Fulbright Foreign Student Program
This government scholarship helps needy international students to study in the US. It focuses on young graduate scholars, artists, and professionals seeking to advance their studies. The program allows them to go to school in America for one year or more depending on the length of your course. It’s open to both business management and other courses.
California State University Stanislaus
Lastly, we cover this university-sponsored program. This scholarship in business administration covers all business majors. However, it focuses more on scholars majoring in this field, especially those studying accounting. You can get up to $1,500-$2,500 to further your studies at the master’s level. To qualify for it, an applicant should have a minimum GPA of 3.20 or more.
There you have it all at your fingertips. We hope you will use this information to make a wise choice that will advance your career in business administration to the next level.