Corporate scholarships offer big bucks in mass quantities for young consumers who are pursuing their own “American Dream” in college.
Searching through the Fortune 500 list, you’ll find numerous companies who have created charitable arms to donate millions. Whether they’re in retail, healthcare, telecommunications, or manufacturing, profitable corporations increasingly turn revenue into philanthropy for education. In fact, NPT reported that corporate giving increased by 3.9 percent to $18.46 billion from 2014 to 2015. Multinational companies typically choose a higher number of recipients than smaller community foundations, but competition can be strong with an extended pool of hopefuls.
Let your application shine for these 25 lucrative corporate scholarships.
1. AXA Achievement Scholarship
Deadline: December 15th
AXA Equitable Financial Services, LLC receives up to 10,000 applications for its Achievement Scholarship program each year to award over $1.4 million. Citizens and legal residents of the U.S., District of Columbia, and Puerto Rico can apply to receive $2,500 to $25,000 for higher education. Eligibility criteria includes being graduating high school seniors, planning to enroll full-time at U.S. college, demonstrating ambition and self-drive, and empowering society to mitigate risk.
AXA Achievement Scholarship
1290 Avenue of the Americas
New York, NY 10104
2. BP Community Scholarship Program
Deadline: March 24th
BP, one of the globe’s seven oil “supermajors,” has funded the Community Scholarship Program for 30 years to support 2,000 high school seniors from New York City, Long Island, Westchester County, and northern New Jersey. Winning up to $3,000 will require matriculating full-time at an accredited U.S. college, having unmet financial need on the FAFSA, carrying a cumulative GPA above 2.0, and submitting a 500-word personal statement about important experiences that prepared them for college.
BP Community Scholarship Program
P.O. Box 648
Naperville, IL 60566
3. Bristol-Myers Squibb Scholarship
Deadline: March 31st
Administered by Scholarship America for the pharmaceutical R&D firm, the Bristol-Myers Squibb Scholarship provides $10,000 annually for up to 50 cancer survivors aged 25 or younger who are pursuing post-secondary education. Qualified candidates must have received cancer treatment like chemotherapy or radiation, enroll full-time at accredited two- or four-year U.S. colleges, excel with a minimum 3.5 GPA, display leadership capacity, and submit one applicant appraisal form.
Bristol-Myers Squibb Scholarship
One Scholarship Way
Saint Peter, MN 56082
4. Chevron Corporation Scholarship
Deadline: May 1st
Started by the Fortune 500 energy giant, the Chevron Corporation Scholarship is managed by the American Indian Science and Engineering Society to award $5,000 annually to indigenous people of North America. Interested applicants must be attending an accredited four-year university full-time with a 3.0 GPA or better in STEM and business majors beneficial to Chevron. Applications must include a Certificate of Indian Blood, current AISES membership, transcript, and resume of technical internship/work experience.
Chevron Corporation Scholarship
2305 Renard Place, Suite 200
Albuquerque, NM 87106
5. Coca-Cola Leaders of Promise Scholarships
Deadline: May 2nd
Each Spring, Phi Theta Kappa partners with the 130-year-old beverage corporation Coca-Cola to grant 200 Leaders of Promise Scholarships for $1,000 apiece. The merit-based program seeks high-achieving members who have completed 12-36 semester credits in college courses, attend accredited community colleges at least half-time, boast an impressive 3.5 GPA or better, and will finish their first associate degree. Seven Global Leaders of Promise Scholarships are reserved for non-U.S. citizens.
Coca-Cola Leaders of Promise Scholarships
1625 Eastover Drive
Jackson, MS 39211
6. CVS Pharmacy, Inc. Business Scholarships
Deadline: March 31st
CVS Pharmacy, Inc., a Rhode Island-based healthcare retailer, donates money to the United Negro College Fund (UNCF) to gift $5,000 scholarships to African American students studying business, including accounting, finance, and human resources. Suitable applicants will attain at least sophomore status, be U.S. citizens or legal residents, pursue an accredited bachelor’s or master’s program, excel academically with a minimum “B” average, and invite a reference letter.
CVS Pharmacy, Inc. Business Scholarships
1805 7th Street NW 4th Floor
Washington, DC 20001
7. Dell Scholars Program Scholarship
Deadline: January 15th
Dell Technologies CEO Michael Dell and his wife Susan have invested more than $650 million for children’s issues, including the Dell Scholars Program Scholarship. This prestigious corporate program provides $20,000, a laptop, and textbook credits to each recipient. Selected high school seniors must have completed an approved college readiness program, maintained a cumulative GPA above 2.4, qualified for the Pell Grant, and show ability to overcome adversity for their first bachelor’s degree.
Dell Scholars Program Scholarship
P.O. Box 163867
Austin, TX 78716
8. Delta Air Lines Engineering Scholarship
Deadline: November 14th
Women in Aviation International (WAI) administers the Delta Air Lines Engineering Scholarship for America’s oldest operating legacy carrier in the amount of $5,000. Female members with junior or senior standing and a minimum unweighted GPA of 3.0 in ABET-accredited bachelor’s programs for aerospace, mechanical, aviation, and electrical engineering could apply. Online applications must feature a 500-word personal essay, professional resume, pilot’s license, and two one-page recommendations.
Delta Air Lines Engineering Scholarship
3647 State Route 503 South
West Alexandria, OH 45381
9. ExxonMobil/LNESC National Scholarship
Deadline: April 15th
The LULAC National Educational Service Centers (LNESC) partners with ExxonMobil, a Texas-based oil and gas corporation, to provide one $20,000 national scholarship and 12 local scholarships of $2,000. Funding helps Hispanic high school seniors in select cities like Dallas, Miami, Philadelphia, and Houston pursue engineering bachelor’s degrees full-time. Qualified candidates must have legal right to work in the U.S., present a minimum 3.5 GPA, and score at least 29 on the ACT or 1350 on the SAT.
ExxonMobil/LNESC National Scholarship
1133 19th Street NW Suite 1000
Washington, DC 20036
10. Foot Locker Athletes Scholarships
Deadline: December 30th
Through TMI Strategy, the multi-national sportswear retailer Foot Locker offers 20 Scholar Athletes Scholarships that award $20,000 total with $5,000 increments each year. There’s also a Ken C. Hicks Scholarship honoring the former CEO with $25,000 total. Interested high school seniors must be involved in after-school sports, legally reside in the United States, maintain a cumulative secondary GPA of 3.0 or greater, display good sportsmanship, and be passionate about community empowerment.
Foot Locker Athletes Scholarships
19 W. 21st Street
New York, NY 10010
(212) 254-2390 ext. 208
11. Ford Driving Dreams Scholarships
Deadline: March 14th
As the second-largest U.S. automotive manufacturer, Ford Motor Company offers $2,000 Driving Dreams Scholarships with the Greater Dallas Hispanic Chamber of Commerce (GDHCC). Graduating high school seniors from under-served communities in North Texas must be entering a college recognized by the U.S. Department of Education, hold a cumulative GPA above 3.0, show strong writing skills, and participate in public service. Priority is given to Latino/as majoring in in-demand STEM fields.
Ford Driving Dreams Scholarships
4622 Maple Avenue
Dallas, TX 75219
12. GE-Reagan Foundation Scholarship
Deadline: January 5th
General Electric, the Boston-based power conglomerate, helped fund the GE-Reagan Foundation Scholarship for gifting $40,000 over four years in the 40th President’s honor. Eligible U.S. citizens must be college-bound high school seniors, plan to undertake baccalaureate study full-time this Fall, demonstrate academic merit with a 3.0 GPA or better, and exhibit leadership attributes in civic engagement. Semifinalists must be nominated by community leaders, such as principals, nonprofit administrators, or mayors.
GE-Reagan Foundation Scholarship
40 Presidential Drive
Simi Valley, CA 93065
13. Google Lime Scholarship Program
Deadline: December 4th
Two corporations, Google and Lime Connect Inc., merge to fund this annual scholarship program that awards $10,000 for U.S. and $5,000 for Canadian college students with visible or invisible disabilities. Selected scholars must be bachelor’s, master’s, or PhD students who are attending accredited colleges full-time with strong academic merit for degrees in computer science, computational engineering, software engineering, and related tech fields. Invitations to the Googleplex Retreat in California are also included.
Google Lime Scholarship Program
590 Madison Avenue, 21st Floor
New York, NY 10022
14. John Deere Dealer Scholarships
Deadline: February 8th
The National Future Farmers of America (FFA) Organization’s catalog of corporate scholarships expanded in 2013 when John Deere, a Fortune 500 agricultural machinery manufacturer, began funding up to 150 scholarships of $2,000 apiece. Eligible candidates would be high school seniors and current college undergraduates who are pursuing associate or bachelor’s degrees in agriculture, engineering, diesel mechanics, welding, or related fields with a 3.0 GPA or better.
John Deere Dealer Scholarships
6060 FFA Drive
P.O. Box 68960
Indianapolis, IN 46268
15. Lockheed Martin Corporation Scholarships
Deadline: February 15th
Sponsored by the world’s largest defense contractor, eight Lockheed Martin Corporation Scholarships are given for $2,000 each year by the Society of Women Engineers (SWE). From freshmen to seniors, the fund supports females who are earning bachelor’s degrees full-time with a minimum “B” average from ABET-accredited U.S. universities for computer science, computer engineering, software engineering, and electrical engineering. Also consider the $1,400 Bechtel Corporation Scholarship.
Lockheed Martin Corporation Scholarships
30 East Randolph Street Suite 3500
Chicago, IL 60601
16. Marriott International Scholarships
Deadline: January 13th
At the International Career Development Conference (ICDC), DECA grants more than $300,000 through its large corporate scholarship program. Funded by a Maryland-based lodging giant with 5,700+ properties, five Marriott International Scholarships are presented for $2,000. Eligible DECA members must be enrolling as full-time undergrads at accredited colleges for hospitality and hotel management majors with a minimum overall 3.0 GPA. Other options include the Otis Spunkmeyer and NAPA Auto Parts Scholarships.
Marriott International Scholarships
1908 Association Drive
Reston, VA 20191
17. Nordson Corporation BUILDS Scholarships
Deadline: May 15th
Created by Walter G. Nord in 1952, Nordson Corporation is an industrial adhesive and sealant manufacturer in Ohio that’s proudly bestowing several BUILDS Scholarships for $2,000 to $10,000 annually. Qualified students must be attending credit-based colleges or trade schools with a minimum 2.7 GPA for majors like engineering technology, manufacturing, supply chain management, marketing, industrial management, and machining. Living or studying near Nordson facilities in 12 U.S. states is preferred.
Nordson Corporation BUILDS Scholarships
250 E. Broad Street Suite 1700
Columbus, OH 43215
18. Panera Best of the Batch Scholarships
Deadline: April 14th
The Best of the Batch Foundation takes donations from Panera Bread Company, a national bakery-café restaurant chain, to provide two $5,000 scholarships for one male and one female high school senior athletes. Eligibility guidelines include permanently residing in Western Pennsylvania, gaining admission at an accredited college, matriculating for 12+ credits this Fall, graduating with a minimum 2.5 GPA, needing financial assistance, and participating in Best of the Batch programs.
Panera Best of the Batch Scholarships
2000 West Street
Munhall, PA 15120
19. Raytheon-SVA Patriot Scholarships
Deadline: March 31st
Raytheon, a Waltham-based military and aerospace manufacturer founded in 1922, joins with the Student Veterans of America to award two $10,000 Patriot Scholarships per year. Chosen applicants must be honorably discharged from the U.S. Army, attend accredited four-year colleges, finish at least their freshman year, display community engagement, show passion for their major, submit one reference letter, and write a 500-word essay about the influence of military service on their lives.
Raytheon-SVA Patriot Scholarships
1012 14th Street NW Suite 1200
Washington, DC 20005
20. Shell Oil Company Technical Scholarships
Deadline: March 2nd
Administered by International Scholarship and Tuition Services, Inc. (ISTS), the Shell Oil Company Technical Scholarships provide 20 graduating high school seniors with $2,500. After their freshmen year, the fund can be renewed for $5,000 annually. Interested U.S. citizens or legal residents must attend an accredited institution full-time with majors like geology, geophysics, physics, chemistry, or petroleum engineering. The Incentive Fund Scholarship specifically helps students of underrepresented minorities.
Shell Oil Company Technical Scholarships
1321 Murfreesboro Road Suite 800
Nashville, TN 37217
21. State Farm Good Neighbor Scholarships
Deadline: March 1st
Ranked 35th on the Fortune 500 as a mutual insurance firm, State Farm offers 50 Good Neighbor Scholarships for $5,000 to graduating high school seniors who need financial aid for attending U.S. colleges or vocational schools full-time. To qualify, 12th graders must legally reside in America, achieve an average cumulative GPA between 2.5 and 3.2, display outstanding potential, and participate in community service efforts. State Farm also supports the National Merit $2,500 Scholarships.
State Farm Good Neighbor Scholarships
One Scholarship Way
Saint Peter, MN 56082
22. TMCF MillerCoors Scholarship Program
Deadline: April 30th
The Thurgood Marshall College Fund works with MillerCoors, a leading beer brewing corporation, to provide one-year scholarships worth $6,200 to students attending public HBCU member schools, including Tennessee State, Coppin State, and Tuskegee. Applicants must be 21 years or older, pursue a bachelor’s degree full-time, excel with a 3.0 GPA or higher, have financial need, and demonstrate leadership capacity. Other TMCF corporate funds include the Lowe’s Gap Scholarship and Wells Fargo Scholarship.
TMCF MillerCoors Scholarship Program
901 F Street NW Suite 300
Washington, DC 20004
23. Toshiba Machine Co. Scholarship
Deadline: February 28th
Toshiba Machine Co., a Japanese electronics conglomerate, founded a scholarship program for awarding $2,500 to two high school graduates who are enrolling in full-time undergraduate study for industrial maintenance, plastics processing, or closely related majors. Accepted applicants must matriculate at an accredited two- or four-year college, obtain a minimum 2.5 GPA, and display leadership in school/community activities. Applications are incomplete without a certified transcript, outside appraisal form, and brief essay.
Toshiba Machine Co. Scholarship
755 Greenleaf Avenue
Elk Grove Village, IL 60007
24. Tylenol Future Care Scholarships
Deadline: June 30th
Forty students win the Future Care Scholarships from Tylenol, a Johnson & Johnson pharmaceutical subsidiary, for $2,500, $5,000, and $10,000 each year. Funding is reserved for United States residents who are enrolling in undergraduate or graduate study for public health, nursing, pharmacy, health education, medicine, clinical laboratory science, or related fields. Aspiring health practitioners must have completed at least one year, attend accredited U.S. colleges full-time, and have scholastic merit with a minimum 3.0 GPA.
Tylenol Future Care Scholarships
1 Johnson And Johnson Plaza
New Brunswick, NJ 8933
25. Walmart Associate Scholarship
Deadline: March 1st
Working for Walmart, a Fortune Global 500 discount retailer with 11,695 stores, could qualify you for the Lifelong Learning Program’s Associate Scholarship. Employees can receive up to $2,000 for associate, $3,000 bachelor’s, or $2,000 for graduate programs each year. Eligibility criteria requires being U.S. citizens or lawful residents, working full- or part-time at Walmart for 6+ months, holding a high school diploma or GED, and entering a regionally accredited higher learning institution.
Walmart Associate Scholarship
1321 Murfreesboro Road Suite 800
Nashville, TN 37217
Working minimum-wage jobs makes paying off tuition hard for students. According to The Atlantic, America’s average annual college tuition is equivalent to working 991 hours behind an ice cream counter. Luckily, several corporations have created scholarships to assist employees or future industry professionals with their bills. As free financial aid, scholarships offer an excellent alternative to being suckered into massive loan debt. Beyond these 25 corporate scholarships, Burger King, AT&T, Microsoft, Buick, and other big-name brands have generous funding.
Recommended reading: Top 30 Small Non-Profit Colleges for an Online Degree