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Top Companies That Offer Scholarships for College

Last Updated : 13 Mar, 2024
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Pursuing higher studies is sometimes considered to be a cornerstone of personal and professional development, but the increasing expenses associated with it often become a problem. It is fortunate that, understanding this challenge and the significance of investing in education, a lot of companies are coming forward to provide scholarships so that the students can continue their studies without any hassle. With these scholarships, the companies not only offer economic support but also encourage talent recognition and academic merit.

In this article, we are going to delve deep to know about the initiatives taken by different well-known companies across various industries that are determined to help students meet their college aims through scholarship programs.

Technology Companies That Give Scholarships

Scholarships from tech companies should be on your radar, whether you’re seeking aid in computer science scholarships or more generalized forms of financial aid.

Company Name

Scholarship Name

Eligibility Criteria

Amount (USD)

Deadline

Application Website

Google

Generation Google Scholarship (APAC)

Undergraduate/Graduate students pursuing STEM fields

USD 2,500

April 23, 2024

https://buildyourfuture.withgoogle.com/scholarships/generation-google-scholarship-apac

Dell

Dell Scholars Program

High school seniors with financial need, academic potential, and grit

USD 20,000

December 2024

https://www.dellscholars.org/

Microsoft

Microsoft Disability Scholarship

Underrepresented students in computer science or related fields

USD 5,000

March 13, 2024

https://learnmore.scholarsapply.org/microsoft-disability/

Adobe

Adobe Creativity Scholarship

High school seniors pursuing creative fields

USD 5,000

April 2024

https://www.adobe.com/corporate-responsibility/creativity/scholarship-programs.html

Raytheon

Raytheon Scholarships

Various scholarships for students pursuing STEM degrees

USD 10,000

May 1, 2024

https://www.iamcybersafe.org/s/raytheon-cyber-security-scholarship

Google

In this new era of the internet, Google is still way out in front. Their brand has grown almost synonymous with internet usage due to their prominence as a global computer software and services leader. Many educational programs all over the world receive funding from Google. Google proudly sponsors the AISES Google Scholarship with the American Indian Science and Engineering Society. Candidate must prove Native American, Alaskan, or Hawaiian ancestry. In addition, they must be undergraduate or graduate students at an authorized institution.

Dell

Dell rose to prominence during the computer revolution thanks to its groundbreaking home computer line. On top of that, every year, the Michael and Susan Dell Foundation awards college scholarships to worthy students whose families cannot afford them. The Dell Scholars Program is one of its most renowned initiatives that helps students pay for college.

Microsoft

Bill Gates and Microsoft have a long history in the PC industry. Microsoft’s foundation, which gives scholarships to deserving students worldwide, continues its legacy. Only high school seniors are eligible to apply for Microsoft’s Blacks at Microsoft (BAM) scholarships, which can be renewed for up to four years. You can still apply for a BAM Scholarship if you’re starting at a two-year school, like a community college, but your long-term goals should involve earning a bachelor’s degree. Also, remember that the United States is the only country that can apply for a BAM Scholarship. All recipients are eligible for internships.

Adobe

Two Xerox Palo Alto Research Center engineers founded Adobe. Scholarship programs help Adobe attract new customers and hire talented new hires. Adobe used to provide grants to low-income students pursuing degrees in education and engineering. Adobe now gives money to schools that have programs that encourage artistic endeavours. Adobe Youth Voices is a recently expanded charitable program to include scholarship opportunities. Adobe Youth Voices offers free digital media curricula for teachers.

Raytheon

Raytheon, a leading aerospace and defence company, offers college STEM scholarships. Raytheon helps deserving students pay for school by supporting education and talent development. These scholarships often include internships, mentorship, and networking events to help recipients gain industry experience and professional development. Raytheon invests in STEM talent to build a skilled workforce and advance science and technology.

Food and Beverage Companies that Give Scholarships

You might associate fast food with low-paying entry-level jobs, but fast-food restaurants, soft drink companies, and others give thousands of dollars in annual college scholarships.

Company Name

Scholarship Name

Eligibility Criteria

Amount (USD)

Deadline

Application Link

McDonald’s

Golden Arches Scholarship

High school seniors, minimum GPA, community involvement

USD 2,500 to USD 25,000

February 5, 2024

Burger King

BK Scholars Program

High school seniors, GPA, work experience, community service

USD 1,000 to USD 50,000

Upcoming

https://burgerking.scholarsapply.org

Taco Bell

Live Más Scholarship

Students aged 16-24, creativity, passion, community involvement

USD 5,000 to USD 25,000

January 3, 2024

www.livemasscholarship.com

Coca-Cola

Coca-Cola Scholars Program

High school seniors, leadership, academic achievement, community service

USD 20,000

September 30, 2024

https://www.coca-colascholarsfoundation.org/apply/

Dr. Pepper

Dr. Pepper Tuition Giveaway

U.S. residents aged 18-24, video submission, academic achievement

USD 1,00,000

October 17

https://www.drpepper.com/tuition/

McDonald’s

McDonald’s Corporation’s tens of thousands of employees maintain its global reputation. Due to its long-term growth and commitment to helping others, the company is known for its educational philanthropy and other charitable and socially responsible efforts. So, the parent company underwrites education through multiple scholarship funds to cultivate academic promise, train the workforce of the future, and provide opportunities for such students. Its Ronald McDonald House Charities program is well-known.

Burger King

Burger King, known for flame-grilled burgers, offers scholarships. High school seniors, Burger King employees, and their families receive college scholarships from Burger King Scholars. Scholars, leaders, and volunteers receive these awards. Many deserving US students have received millions in scholarships since 2000. Burger King supports education to improve students’ and communities’ lives.

Taco Bell

Live Más Scholarship program distinguishes Taco Bell for Mexican-inspired food and education. 2014 offers $5,000–$25,000 scholarships to college-bound young adults. Through financial aid and mentoring, Taco Bell helps students fulfil their academic and personal goals. Creative leadership, community service, and Taco Bell’s Live Más Scholarship inspire innovators.

Coca-Cola

Among the many charitable endeavours that this organization backs are numerous scholarship programs. The Coca-Cola Scholars Foundation does fund the following yearly awards to students planning to attend college. High school seniors can apply for 250 four-year scholarships annually through this program. Academic performance is a key factor in determining scholarship recipients. After that, the Coca-Cola National Selection Committee will interview the candidates.

Dr. Pepper

Dr. Pepper, a famous beverage company, supports education through college scholarships. College students benefit from these programs’ tuition and fee assistance: Dr. Pepper awards leadership, academics, and community service scholarships. Dr. Pepper hopes these programs will change students’ lives and help them succeed academically. Dr. Pepper is committed to education and academic success by investing in future leaders.

Automotive Industry Companies that Give Scholarships

Not only do many oil and gas automakers provide scholarships, but they also do so for students majoring in fields unrelated to transportation.

Company Name

Scholarship Name

Eligibility Criteria

Amount (USD)

Deadline

Application Link

Toyota

Toyota Scholars

High School Seniors

USD 10,000

April 30

https://www.toyotafoundation.org/

BMW

BMW Diversity

Underrepresented Minorities

USD 5,000

March 15

https://www.bmwgroup.com/en.html

General Motors

GM Scholars

STEM Students

USD 15,000

February 1

https://www.gmscholarship.org/

Shell

Shell Scholarship

Graduating High School Seniors

USD 7,500

May 1

https://www.shell.us/

Chevron

Chevron Leaders

College Students

USD 12,000

June 30

https://www.chevron.com/

Toyota

Toyota’s college scholarship programs show its commitment to education. Toyota helps deserving college students with programs like the Toyota Scholarship Program. These scholarships support academics, innovation, and future leaders. Toyota’s education focus promotes community development and student empowerment. Toyota scholarships encourage academic excellence and provide college-bound students with education.

BMW

Luxury automaker BMW offers college scholarships. Since 2015, the BMW Foundation Herbert Quandt has awarded engineering, business, and sustainability students’ scholarships. These scholarships provide financial aid, mentorship, and BMW Foundation network access to improve communities and industries. BMW’s commitment to education supports its values of excellence and social responsibility by developing future leaders and promoting innovation.

General Motors

GM’s scholarship programs are well-known. GM awards engineering, business, finance, and other college students’ scholarships. Scholarships go to talented, creative, and leaders. Scholarships, internships, and mentorship from GM help students succeed academically and professionally. GM invests in future leaders to boost automotive and other talent and innovation.

Shell

Shell funds college scholarships. Shell provides engineering, geosciences, environmental science, and related scholarships to promote STEM innovation. For academic and career success, scholarships offer financial aid, mentorship, and internships or co-ops. Shell builds a diverse talent pipeline and advances the energy industry and beyond through education and workforce development.

Chevron

Chevron, a global energy company, offers college scholarships. Chevron Scholarships help deserving college students become STEM leaders. Chevron provides tuition, books, and other educational scholarships through partnerships with educational institutions and nonprofits. Students achieve academic goals and advance science, technology, engineering, and math with these scholarships. Chevron invests in education to create leaders.

Financial Services Companies Providing Scholarships

You might find yourself at private lenders’ virtual doorstep if you’ve looked into scholarships before turning to them for student loans. College funding is available through various sources, including traditional loan programs, online loan companies, credit unions, and scholarships.

Company Name

Scholarship Name

Eligibility Criteria

Amount (USD)

Deadline

Application Link

Sallie Mae

$2,000 Sallie Mae Scholarship

HS, Upperclassmen, College & Graduate Students

USD 2,000

March 31st, 2024

https://www.salliemae.com/scholarships

MPower Financing

Global Citizen Scholarship

International students pursuing undergraduate or graduate degrees in the US or Canada

USD 1,000 to USD 3,000

Upcoming

https://www.mpowerfinancing.com/

US Bank

Undergraduate Scholarship

US citizens or permanent residents enrolled full-time in an accredited institution

USD 1,000 to USD 20,000

October 30

https://www.usbank.com/about-us-bank/community/student-scholarship.html

Sallie Mae

Student loan lender Sallie Mae offers college scholarships. College students receive these scholarships for tuition, books, and other expenses. Sallie Mae’s scholarships serve diverse academic and eligibility groups. Sallie Mae scholarships help students achieve academic and career goals without college debt.

MPower Financing

MPOWER Financing is a leading US and Canadian education loan and scholarship provider for international and DACA students. Since 2014, MPOWER has offered merit-based scholarships and no-cosigner loans to meet academic goals. Customized support and funding from MPOWER empower global students. Their innovative loan and scholarship programs allow students of all backgrounds to study abroad and pursue higher education.

US Bank

US Bank offers college scholarships, showing its support for higher education. Undergraduate students who qualify for the US Bank Scholarship Program receive financial aid. These scholarships help students achieve academic goals by covering tuition and other costs. US Bank scholarships favour financial needs, academic excellence, and community involvement. US Bank promotes academic success and higher education access for US students by investing in future leaders.

Non-profit Organizations Collaborating with Colleges for Scholarships

Here, we will highlight eight remarkable groups committed to excellence in education, diversity in leadership, and equity in access to higher education.

Company Name

Scholarship Name

Eligibility Criteria

Amount (USD)

Duration

Application Website

Equal Opportunity Schools

Scholarships Program

Students from underrepresented backgrounds, low-income

upto USD 5,000

March 31, 2024

MDRC

College Scholarships

Students pursuing higher education from disadvantaged backgrounds

USD 2,500

April 30

The Education Trust

Access to Education

Students demonstrating financial need and academic merit

USD 1,000

May 15

https://edtrust.org/issue/access/

QuestBridge

National College Match

High-achieving, low-income students

Varies

September 30

https://www.questbridge.org/high-school-students/national-college-match/how-to-apply

National College Access Network (NCAN)

Access Scholarships

First-generation, low-income students

upto USD 3,000

June 30

iMentor

College Success Scholarships

Mentored students from underserved communities

USD 1,500

July 15

Equal Opportunity Schools

EOS aims to place every student in a rigorous but enriching course. Helping high school teachers have one-on-one conversations with students about extracurricular activities and advanced placement (AP) classes is a primary goal of the group. The number of students enrolling in advanced courses through EOS’s partnered schools has increased by two or three. Academic challenge helps students realize their full potential and motivates them to strive for greater things.

MDRC

They create and test solutions for low-income families, children, and individuals. MDRC, a nonprofit with East and West Coast offices, aims to do that. Beyond students, the organization’s reach does extend. Students can learn how to make the most of their federal student aid through their Aid Like a Paycheck program, which they run with TICAS.

The Education Trust

Low-income and minority students benefit from EdTrust’s educational equity. Teachers, students, parents, lawmakers, and community leaders reform education with them. Services that are data-centred, student-focused, and driven by equality are also something they boast about. Opportunity gaps are examined and worked to close by EdTrust by analyzing local, state, and national data.

QuestBridge

The mission of QuestBridge is to transform the way colleges seek out and enrol bright, low-income students. Programs, scholarships, and connections are just a few ways they help students succeed. QuestBridge’s National College Match targets high school seniors. It allows low-income students to apply to top universities and receive financial aid. Juniors can benefit from the College Prep Scholarship when applying to colleges.

National College Access Network (NCAN)

To help states, schools, businesses, nonprofits, and philanthropists improve educational opportunities for students from low-income and minority backgrounds, NCAN employs four strategies. Ensuring that individuals who assist students have the proper training and knowledge is a key component of their capacity-building strategy. To better track, compare, and enhance development, NCAN uses benchmarking to standardize data. Supporting higher rates of postsecondary completion is a goal of collective impact.

iMentor

This group in New York City pairs mentors with mentees from low-income neighbourhoods. They hope to provide students with the tools they need to succeed academically in high school, enrol in and complete college, and realize their dreams. Through one-on-one meetings (in person or online), students and mentors build rapport, spark interest in higher education, and help students through the application process—matches between mentors and mentees typically last for three or four years. Even in the first year of university, students can stay in touch with their mentors, and there’s an option to continue the relationship to graduation.

Conclusion

To conclude, companies across different industries are playing a pivotal role in endorsing the goal of college students to pursue higher studies through scholarship programs. These companies be it in technology, food and beverage, automotive, financial services, or through non-profit partnerships are committed to investing in the upcoming workforce and empowering the students to meet their academic and career objectives. These companies are enabling the students to make a prosperous future.

Companies That Give Scholarships for College-FAQs

Q1. How can I find out about scholarship options provided by companies?

You may research scholarship options on the websites of companies you are curious about, or visit scholarship databases and platforms that aggregate available scholarships.

Q2. Are scholarship programs only available to high school seniors?

No, scholarship programs may differ in eligibility criteria and the students at diverse phases of their educational journey obtain them irrespective of high school seniors, college undergraduates, and graduate students.

Q3. What do scholarship programs generally cover?

Scholarship programs generally cover tuition fees, books, and other academic expenditures. Several programs also provide extra advantages like mentorship, internships, and networking opportunities.

Q4. Are scholarship programs competitive?

Yes, scholarship programs can be competitive, as they usually obtain an innumerable number of applications. So, it is very essential to check the eligibility criteria carefully and submit a substantial application that underscores your educational accomplishments, extracurricular activities, and community involvement.



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