Top Scholarships for Business Majors in 2025

Pursuing a degree in business can lead to a wealth of opportunities in various fields, from finance and marketing to entrepreneurship and management. However, the cost of higher education can be a barrier for many students. Fortunately, there are numerous scholarships for business majors available to help alleviate financial burdens. These scholarships can come from universities, private organizations, foundations, and government programs.

In this article, we’ll explore some of the best scholarships available for business majors in 2025, including eligibility criteria and application details.

1. The Ron Brown Scholar Program

The Ron Brown Scholar Program provides scholarships to African American students who demonstrate academic excellence, leadership potential, and a commitment to community service. Business majors are encouraged to apply, and the program awards scholarships to students attending accredited four-year colleges and universities.

Eligibility: Open to African American high school seniors who demonstrate financial need and academic achievement.
Award Amount: Up to $40,000 ($10,000 per year for four years)
How to Apply: Applications are submitted online through the Ron Brown Scholar website.
Website: Ron Brown Scholar Program

2. The AICPA John L. Carey Scholarship

The American Institute of Certified Public Accountants (AICPA) offers the John L. Carey Scholarship for students pursuing a degree in accounting or business. This scholarship is aimed at students who are pursuing a master’s degree in accounting or business or those who are transitioning from another field into accounting.

Eligibility: Open to undergraduate and graduate students pursuing degrees in accounting or business.
Award Amount: Up to $5,000
How to Apply: Applications are submitted online through the AICPA website.
Website: AICPA Scholarships

3. The Forté Foundation Scholarship

The Forté Foundation offers scholarships for women pursuing MBA programs at select partner business schools. The foundation aims to promote women’s leadership in business and provides financial support as well as networking and mentoring opportunities.

Eligibility: Open to women applying to MBA programs at Forté partner schools.
Award Amount: Varies by school, often ranging from $10,000 to full tuition coverage.
How to Apply: Applications are submitted through the partner schools and the Forté Foundation website.
Website: Forté Foundation

4. The National Society of High School Scholars (NSHSS) Business Scholarship

The NSHSS Business Scholarship is awarded to high school seniors who plan to pursue a degree in business. This scholarship is aimed at students who demonstrate leadership, community involvement, and academic excellence.

Eligibility: Open to high school seniors planning to major in business.
Award Amount: $1,000
How to Apply: Applications are submitted through the NSHSS website, including an essay and a letter of recommendation.
Website: NSHSS Scholarships

5. The Asian Pacific Islander American Scholarship Fund (APIASF)

The APIASF offers scholarships to Asian American and Pacific Islander students pursuing degrees in various fields, including business. The scholarship aims to support students who have demonstrated leadership and community involvement.

Eligibility: Open to Asian American and Pacific Islander students who are U.S. citizens, national, or legal residents.
Award Amount: Varies, often up to $20,000
How to Apply: Applications are submitted through the APIASF website.
Website: APIASF Scholarships

6. The Coca-Cola Scholars Program

The Coca-Cola Scholars Program is a highly prestigious scholarship program for high school seniors. While it is not limited to business majors, it is open to students who demonstrate leadership, academic excellence, and community service, making it a great opportunity for aspiring business students.

Eligibility: Open to high school seniors in the U.S. with a minimum GPA of 3.0.
Award Amount: $20,000
How to Apply: Applications are submitted online through the Coca-Cola Scholars Foundation website.
Website: Coca-Cola Scholars

7. The Dell Scholars Program

The Dell Scholars Program provides financial assistance to students who demonstrate perseverance and a desire to succeed in their education. Business majors are encouraged to apply, and the program aims to help students overcome financial and personal challenges.

Eligibility: Open to low-income students who have a GPA of 2.4 or higher and have participated in a college readiness program.
Award Amount: $20,000
How to Apply: Applications are submitted online through the Dell Scholars website.
Website: Dell Scholars

8. The Jack Kent Cooke Foundation College Scholarship Program

The Jack Kent Cooke Foundation offers scholarships to high-achieving high school seniors with financial need. Students planning to pursue a degree in business are encouraged to apply. The scholarship provides comprehensive financial support for undergraduate education.

Eligibility: Open to high school seniors with a GPA of 3.5 or higher and financial need.
Award Amount: Up to $40,000 per year
How to Apply: Applications are submitted online through the Jack Kent Cooke Foundation website.
Website: Jack Kent Cooke Foundation

9. The SHRM Foundation Scholarships

The Society for Human Resource Management (SHRM) Foundation offers scholarships for students pursuing degrees in human resources and business-related fields. These scholarships aim to support future leaders in the HR profession.

Eligibility: Open to undergraduate and graduate students studying HR or business-related fields.
Award Amount: Varies, often ranging from $1,000 to $5,000
How to Apply: Applications are submitted online through the SHRM Foundation website.
Website: SHRM Foundation Scholarships

10. The UNCF Scholarships

The United Negro College Fund (UNCF) provides numerous scholarships for African American students pursuing degrees in various fields, including business. UNCF offers scholarships through various partner organizations, each with its own eligibility criteria.

Eligibility: Open to African American students enrolled at accredited colleges and universities.
Award Amount: Varies by scholarship
How to Apply: Applications are submitted through the UNCF website.
Website: UNCF Scholarships

Tips for Applying for Business Scholarships

1. Start Early

Scholarship deadlines can be months in advance, so begin your search early. Research scholarships that align with your goals and qualifications.

2. Tailor Your Applications

Customize your personal statement and application materials to reflect how you meet the specific criteria of each scholarship. Highlight relevant experiences, achievements, and aspirations.

3. Gather Strong Supporting Documents

Ensure you have all required documents, such as transcripts, recommendation letters, and essays, ready before the application deadline.

4. Seek Guidance

Don’t hesitate to seek advice from teachers, mentors, or academic advisors who can provide insights into the application process and help you refine your materials.

Conclusion

There are many scholarships available for business majors, ranging from university-specific awards to private foundations and government programs. These scholarships can significantly ease the financial burden of pursuing a degree in business. By starting your search early, tailoring your applications, and preparing strong supporting materials, you can enhance your chances of securing funding for your education in 2025.