Back to articles

7 Scholarships for Business Majors in Tennessee and Beyond

January 27, 2014

While college is a long-term investment that will have a huge payoff for your future, it can be expensive in the short run. However, it can be made more affordable through financial aid. Federal loans and grants can limit or, in some cases, eliminate the cost of a college degree when applying to college for the first time or continuing your education with a degree completion program or advanced program of study. However, there are restrictions on federal financial aid, which limits who qualifies for this much-needed support and can therefore hinder your enrollment.

Most federal financial aid restrictions center on income and your perceived ability to afford all of the expenses related to earning a college degree. Scholarships are an available alternative for prospective students looking for financial support and are open to almost everyone. Certain restrictions will apply to some scholarships as defined by the supporting institution. However, with enough diligence, you should be able to earn enough scholarships to cover up to 100 percent of your college expenses.

Business-related scholarships are available in Tennessee and nationwide. Below is a sample of scholarships that can help you afford your King business degree.

Scarlett Family Foundation

Prospective students from middle Tennessee are eligible to apply for a business scholarship sponsored by the Scarlett Family Foundation; the scholarship is renewable. Applicant requirements include the following:

  • Must have graduated high school from one of the eligible middle Tennessee counties
  • Demonstrate financial need
  • Have a minimum GPA of 2.5 on a 4.0 scale
  • Enrolled full time in a business degree program

The foundation is looking for a demonstration of business interest and leadership. Scholarship awards range from $2,500 to $15,000 and can be applied toward tuition, fees, books and supplies.

Mary Elizabeth Lockwood Beneventi MBA Scholarship

Graduate students pursuing a full-time MBA at King University are eligible for this scholarship. Applicants must have a minimum GPA of 3.25 on a 4.0 scale. The average award amount is $2,000. The scholarship is renewable and is sponsored by the National Society of the Daughters of the Revolution.

CEO of Tomorrow Scholarship sponsored a $2,500 scholarship for students with a proven interest in business leadership and/or entrepreneurship to promote tomorrow’s business leaders.

*Unfortunately, this scholarship is no longer offered.

Ritchie-Jennings Memorial Scholarship

College undergraduate and graduate students enrolled full time in accounting, business administration, finance and criminal justice are eligible for this scholarship offered by the Association of Certified Fraud Examiners. Multiple scholarships are given annually with award amounts ranging from $1,000 to $10,000. Applicants must submit an official transcript and three letters of recommendation.

Cappex Business Majors Scholarship

College students enrolled in a business-related program are eligible for one of Cappex’s business scholarships with an award total of $1,000. Awards are granted on a competitive basis with selection based on academic achievement, extracurricular activities, community outreach and leadership.

Hispanic Scholarship Fund/General Motors Scholarship Program

The Hispanic Scholarship Fund (HSF) and General Motors have partnered to offer outstanding Latino students enrolled in a business-related program much-needed financial support. The award amount is $2,500. Recipients may also qualify for a General Motors summer internship program. Applicants must be of Hispanic lineage and enrolled in a full-time business-related degree. All applicants must have a minimum cumulative GPA of 3.0 on a 4.0 scale.

Surety Industry Program for Minority Students

The Surety Foundation, the educational arm of the Surety and Fidelity Association of America (SFAA), offers minority students enrolled in an insurance/risk management, accounting or business/finance program a $2,500 scholarship award. Students must be enrolled in a full-time program at an accredited university and have completed at least 30 semester hours with a minimum GPA of 3.0 on a 4.0 scale to apply.

Scholarships are a great way to pay for your college degree. When applying for a scholarship, make sure you are aware of the application deadline and double check all of the initial requirements for acceptance. Gather your application information so you are ready to apply for your King business program when applying for a scholarship.

King University accepts all forms of financial aid, including scholarships, which can be applied to our online business degrees. You can enroll in one of the following business and business-related degrees: