What Are Corporate Scholarships?

by | Last updated on January 24, 2024

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Company scholarship programs are usually

administered by company-created private foundations

. These foundations may give preference in awarding scholarships to employees, the children or relatives of employees, or the children of deceased or retired employees of the company or related companies.

Why do companies give scholarships?

Scholarships

enable companies to give back

. They may also play a role in corporate social responsibility. This helps companies find ways to play a role in the support of the community. In this way, they may help the company to be a leader within the community.

What are the 4 types of scholarships?

  • Academic scholarships.
  • Community service scholarships.
  • Athletic scholarships.
  • Scholarships for hobbies and extracurriculars.
  • Scholarships based on applicants' identities.
  • Need-based scholarships.
  • Employer scholarships and military scholarships.

What corporations give scholarships?

  • Google Scholarships.
  • Microsoft Scholarships.
  • Burger King Scholars Program.
  • Coca-Cola Leaders of Promise Scholarship.
  • Coca-Cola Scholars Program Scholarship.
  • Dell Scholars Program.
  • Dr. Pepper Giveaway.
  • McDonald's® HACER® National Scholarship.

What are the 5 different types of scholarships?

  • Academic Scholarships and Merit Scholarships. …
  • Community Service Scholarships. …
  • First in Family Scholarships. …
  • Legacy Scholarships. …
  • Military Scholarships. …
  • No Essay Scholarships. …
  • Prestigious Scholarships. …
  • Renewable Scholarships.

Which scholarships are easy to get?

  • AFSA High School

    Scholarship

    .
  • Because College Is Expensive

    Scholarship

    .
  • Dr. Pepper Tuition Give-Away.

  • Easy

    Money

    Scholarship

    .
  • Valentine's Day

    Scholarship

    .
  • “No Essay” College

    Scholarship

    .
  • ScholarshipPoints $10,000

    Scholarship

    .
  • You Deserve It

    Scholarship

    .

Can I get a scholarship with a 3.0 GPA?

There are many 3.0 GPA scholarships available. One example is the

American Florist's Exchange Scholarship

. Recipients must have a 3.0 GPA and higher. The Straight “A” Scholarship is another award.

Can my company give a scholarship?

Scholarship Foundations

A for-profit company can establish a

nonprofit

foundation to provide scholarships. But a company that desires tax-exemption for its scholarship program must create and manage it according to IRS guidelines, which includes receiving advance approval from the IRS's Exempt Organizations Division.

What are the best scholarships to apply for?

  • Fulbright Scholarship Program. …
  • Excelsior Scholarship. …
  • The Coca-Cola Scholarship. …
  • National Merit Scholarship. …
  • Hispanic Scholarship Fund. …
  • Hope Scholarship. …
  • The Gates Scholarship. …
  • The Gates Millennium Scholars Program.

Can you save scholarship money?

One reason it's so difficult is because most scholarship payments are sent directly to the school and are only allowed to be put toward tuition and fees. In most cases, the student doesn'

t get to keep any leftover money for personal use

, though some colleges do issue refunds, said Kantrowitz.

Does Hobby Lobby have a scholarship?

Hobby Lobby announces

Scholarships

for GCU Students as recipient of Northfield campus in Massachusetts. Hobby Lobby Stores, Inc.

What to do before applying for scholarships?

  1. Check Your Details. …
  2. Don't Spend Money. …
  3. Refer to the Submission Guidelines of Your Scholarship Application. …
  4. Read Through Your Essay and Short Answers. …
  5. Make Certain Everything is Up-to-Date.

Does NASA give out scholarships?

Number and Type of Scholarships Available

The

NCSF scholarship is paid out $2,000 per year

, renewable annually over six calendar years for a maximum of $8,000; and the John Young Memorial scholarship is paid out $2,500 a year, renewable annually over six calendar years for a maximum of $10,000.

What is the weirdest scholarship?

  1. The Parapsychology Foundation Eileen J.
  2. Student Donor Youth Leadership Awards. …
  3. The Francis Ouimet Scholarship Fund. …
  4. The John Gatling Scholarship. …
  5. The Starfleet Academy Scholarship. …
  6. The Loyola University Zolp Scholarship. …
  7. The Carnegie Mellon Bagpipe Scholarship. (Image Source) …

What are the 2 types of scholarships?

There are primarily two kinds of scholarships:

private and institutional

.

Where can I get a full scholarship?

  • Fulbright Foreign Student Program (USA) …
  • British Chevening Scholarships (UK) …
  • Swiss Government Excellence Scholarships (Switzerland) …
  • Swedish Scholarships for International Students (Sweden) …
  • VLIR-UOS Training and Masters Scholarships (Belgium) …
  • Gates Cambridge Scholarships (UK)
Carlos Perez
Author
Carlos Perez
Carlos Perez is an education expert and teacher with over 20 years of experience working with youth. He holds a degree in education and has taught in both public and private schools, as well as in community-based organizations. Carlos is passionate about empowering young people and helping them reach their full potential through education and mentorship.