20 Great Business Scholarships

Getting your hands on business administration scholarships is one of the best ways to fill gaps in your tuition coverage for this in-demand degree.

Whether you’re starting a Bachelor of Business Administration (BBA) or finishing up a Master of Business Administration (MBA), it’s likely that you’re bogged down with college costs.

Scholarships can provide free financial aid to help students afford sharpening their decision-making and critical thinking skills for the business world. Business administration programs often allow for concentration in diverse disciplines, ranging from accounting and human resources to logistics and marketing.

Investing in a BBA or MBA will lay the foundation for a business climate expected to grow by 8 percent. The Bureau of Labor Statistics predicts that over 632,000 business jobs will be added through 2024.

Market your resume for these expanding opportunities by perusing the following generous scholarships for business administration majors.

Reviewing the Top Business Scholarships Available

1. Accenture American Indian Scholarship

Deadline: June 6th

The American Indian Graduate Center (AIGS) awards the Accenture American Indian Scholarship for $5,000 to two bright freshmen of Native American or Alaska Native heritage who are pursuing business administration majors, including marketing, finance, and management. Eligible applicants for these scholarships for business majors must be enrolled in a federally recognized tribe, attend an accredited U.S. institution full-time, hold cumulative high school GPAs over 3.25, and demonstrate giving character in civic or extra-curricular activities.


Accenture American Indian Scholarship
3701 San Mateo NE Suite 200
Albuquerque, NM 87110
(505) 881-4584
Scholarship Link

2. Ashley Stewart UNCF Scholarship

Deadline: May 22nd

Annually, the United Negro College Fund will provide the Ashley Stewart UNCF Scholarship for $5,000 to two minority female students who are beginning their sophomore or junior year of baccalaureate study at a participating historically black college or university. Enrolling full-time in an accredited business administration, marketing, finance, communications, or fashion merchandising major with a minimum 3.3 GPA and significant unmet financial need is required.


Ashley Stewart UNCF Scholarship
1805 7th Street NW
Washington, DC 20001
(800) 331-2244
Scholarship Link

3. Business Plan Scholarship for Students with Disabilities

Deadline: April 1st or November 1st

Fit Small Business created the Business Plan Scholarship for Students with Disabilities to grant $1,000 cash prizes biannually to those diagnosed with disabling physical, medical, mental, or behavioral conditions. Qualified participants must be enrolled at least half-time at accredited U.S. colleges or trade schools with business administration majors. Before the deadline, students must submit an original 500 to 1,000-word essay describing what they’ve learned from writing business plans.


Business Plan Scholarship for Students with Disabilities
315 Madison Avenue 24th Floor
New York, NY 10017
(646) 583-1134
Scholarship Link

4. Dan M. Reichard Jr. Scholarship

Deadline: June 15th

Offering up to $2,500, the Dan M. Reichard Jr. Scholarship is bestowed by the American Public Transportation Foundation (APTF) yearly to college undergraduates who are studying business administration or management for entering the transit industry. To qualify for these scholarships for business majors, candidates must have completed at least 30 credits, attend fully accredited U.S. institutions, possess a minimum 3.0 major GPA, be sponsored by APTA members, show strong interest in public transportation, and submit three recommendation letters.


Dan M. Reichard Jr. Scholarship
1300 I Street NW Suite 1200
Washington, DC 20005
(202) 496-4803
Scholarship Link

5. Don DeBolt DECA Scholarships

Deadline: January 15th

The Distributive Education Clubs of America funds two Don DeBolt DECA Scholarships to award $2,000 each year to collegiate members who demonstrate genuine interest in pursuing franchising and entrepreneurship careers. Eligible recipients for these scholarships for business majors must attend an accredited U.S. college full-time, have a declared major in business administration, be actively involved in DECA activities, and carry a minimum GPA of 3.0. Other funding options include the Walgreens, Publix, Otis Spunkmeyer, and Marriott Scholarships.


Don DeBolt DECA Scholarships
1908 Association Drive
Reston, VA 20191
(703) 860-5000 ext. 248
Scholarship Link

6. Eddie Queen Business Aviation Scholarship

Deadline: August 1st

In honor of his 58-year career as a Signature Flight Support technician, the Eddie Queen Business Aviation Scholarship is gifted for $2,500 annually by the National Business Aviation Association (NBAA). Interested applicants must be at least sophomores, attend accredited UAA-member schools in the United States, major in aviation management or business administration, have U.S. citizenship or permanent residency, and demonstrate a passion for the flying industry.


Eddie Queen Business Aviation Scholarship
1200 G Street NW Suite 1100
Washington, DC 20005
(202) 783-9267
Scholarship Link

7. GEICO Achievement Award Program

Deadline: February 15th

For over two decades, the GEICO Achievement Award Program has provided one-time $2,500 scholarships for outstanding undergraduates who have declared majors in business administration, computer science, IT, mathematics, and related fields. Eligibility criteria requires attending an accredited four-year U.S. school, have sophomore or junior standing, showing leadership ability on-campus, and achieving a minimum overall GPA of 3.0. Applicants must write a 600 to 1,200-word essay outlining their qualifications.


GEICO Achievement Award Program
4608 Willard Avenue
Chevy Chase, MD 20815
(800) 824-5404
Scholarship Link

8. George Mason Business Scholarship Fund

Deadline: February 18th

Established by Pacific Business News in 2003, the Hawaii Community Foundation’s George Mason Business Scholarship Fund will bestow $1,500 annually to college seniors who are graduating from accredited, non-profit institutions in Hawaii. Qualified undergraduates must reside in Hawaii, maintain full-time enrollment, major in business administration, exhibit unmet financial need, and submit transcripts showing a minimum 3.0 GPA. Candidates must write a 500-word essay describing their plans to impact the business world.


George Mason Business Scholarship Fund
827 Fort Street Mall
Honolulu, HI 96813
(808) 537-6333
Scholarship Link

9. GreenPal Small Business Scholarship

Deadline: April 30th

Valued at $1,000, the GreenPal Small Business Scholarship is awarded every spring to high school seniors or college undergraduates who are currently running a small business or have an entrepreneurial idea to start while maintaining a minimum 3.0 GPA. Funding is available for full-time enrollment in a business administration, economics, or finance program at an accredited U.S. college or vocational school. Ambitious, determined young entrepreneurs must write a brief essay about their business endeavors.


GreenPal Small Business Scholarship
1312 5th Avenue N
Nashville, TN 37208
(866) 798-4485
Scholarship Link

10. Jacki Tuckfield Memorial Scholarship

Deadline: July 6th

Sponsored by the Miami Foundation, the Jacki Tuckfield Memorial Scholarship awards $22,000 each year in remembrance of an accomplished CEO who died suddenly at age 25. Eligible African Americans must be U.S. citizens, reside in one of South Florida’s 17 counties, pursue an accredited master’s or doctoral business administration program in-state, have earned at least 12 graduate credits, and achieve a minimum 3.2 GPA. Recipients must agree to remain in South Florida for their professional life.


Jacki Tuckfield Memorial Scholarship
40 NW 3rd Street Suite 305
Miami, FL 33128
(305) 371-2711
Scholarship Link

11. Jane M. Klausman Women in Business Scholarship

Deadline: September 1st

Zonta International presents the Jane M. Klausman Women in Business Scholarship for $7,000 annually to 12 extraordinary female college students worldwide who are overcoming gender barriers to obtain bachelor’s or master’s degrees in business administration. Additional $1,000 scholarships are granted for each of Zonta’s 32 regional districts. Applicants must have strong academic merit, demonstrate ambition, have at least junior standing at an accredited college, and be committed to a business career.


Jane M. Klausman Women in Business Scholarship
1211 West 22nd Street
Oak Brook, IL 60523
(630) 928-1400
Scholarship Link

12. John C. Fitzgerald Jr. Scholarship

Deadline: March 15th

Tau Kappa Epsilon Fraternity has established the John C. Fitzgerald Jr. Scholarship in honor of the organization’s founding father and municipal finance leader. For the $1,000 award, eligible male students must be full-time undergraduate students, pledge TKE, attend an accredited U.S. institution, declare a major in business administration, maintain a cumulative GPA beyond 2.5, and exhibit excellent leadership skills. Preference is given to Theta-Upsilon Chapter members.


John C. Fitzgerald Jr. Scholarship
8645 Founders Road
Indianapolis, IN 46268
Scholarship Link

13. Lawrence P. Doss Scholarship Fund

Deadline: March 15th

As one of the most lucrative business administration scholarships, the Lawrence P. Doss Scholarship Fund provides $20,000 annually to disadvantaged high school seniors from Detroit, Michigan, who are interested in studying business administration, accounting, finance, or management. Qualified recipients for these scholarships for business majors must be admitted into higher education full-time, hold a minimum 2.5 GPA, show active involvement in community service, have financial need, and commit to returning to Detroit after graduation.


Lawrence P. Doss Scholarship Fund
Seven Oaks Station
P.O. Box 351037
Detroit, MI 48235
(888) 776-0942
Scholarship Link

14. Maine State Chamber of Commerce Scholarship

Deadline: April 15th

In the amount of $1,500, the Maine State Chamber of Commerce Scholarship is presented annually to two Maine high school seniors who are planning to pursue an associate or bachelor’s degree in business administration after graduation. Priority is given to students accepted for full-time enrollment at in-state colleges. Online applications must include an official transcript, school recommendation letter, Student Aid Report (SAR), resume of work experience, and personal essay.


Maine State Chamber of Commerce Scholarship
131 Presumpscot Street
Portland, ME 04103
(207) 791-3600
Scholarship Link

15. MillerCoors National Scholarship

Deadline: July 3rd

Through the ¡Adelante! Education Leadership Fund, the MillerCoors National Scholarship grants $3,000 annually to several collegiate juniors and seniors of Latino/a heritage who are studying business administration at partnering U.S. colleges. Acceptable majors include accounting, finance, information systems, international business, marketing, public relations, and sales. Eligible applicants must take at least 12 credits per term, carry a GPA of 3.0 or higher, and have unmet financial need.


MillerCoors National Scholarship
8415 Datapoint Drive Suite 400
San Antonio, TX 78229
(210) 692-1971
Scholarship Link

16. NSHSS Business Administration Scholarships

Deadline: May 1st

The National Society of High School Scholars (NSHSS) Foundation distributes $1,000 Business Administration Scholarships each year to graduating high school seniors who show potential for positively impacting the 21st century global economy. Being accepted at an accredited four-year U.S. university for a degree in business, finance, economics, public policy, or a closely related field is required. NSHSS members must submit an educator recommendation, resume, career goals essay, and professional head shot.


NSHSS Business Administration Scholarships
1936 North Druid Hills Road
Atlanta, GA 30319
(404) 235-5500
Scholarship Link

17. Richard E. Bangert Business Award

Deadline: March 16th

Sponsored by the Independent Colleges of Washington (ICW), the Richard E. Bangert Business Award offers $1,500 in scholarship funding to college juniors and seniors who are majoring in business administration or business-related fields at ICW-member institutions. Qualified colleges include Gonzaga, Pacific Lutheran, Saint Martin’s, Seattle Pacific, Walla Walla, and Whitworth. Application guidelines require holding a 2.5 cumulative GPA, demonstrating financial need, and writing a one-page essay about business leadership goals.


Richard E. Bangert Business Award
600 Stewart Street Suite 600
Seattle, WA 98101
(206) 623-4494
Scholarship Link

18. Ritchie-Jennings Memorial Scholarships

Deadline: January 27th

Ranging from $1,000 to $10,000, the Ritchie-Jennings Memorial Scholarships are awarded by the Association of Certified Fraud Examiners (ACFE) to honor two CFE professionals from Houston who were killed in a terrorist attack in Karachi, Pakistan, in 1997. Eligible business administration majors must take at least nine credits per term, attend an accredited U.S. college, desire a career in fraud examination, belong to local ACFE chapters, and submit three recommendations.


Ritchie-Jennings Memorial Scholarships
716 West Avenue
Austin, TX 78701
(512) 478-9000
Scholarship Link

19. Scarlett Family Foundation Scholarships

Deadline: December 15th

Founded in 2006, the Scarlett Family Foundation bestows scholarships for $2,500 to $15,000 apiece to graduating high school seniors and college undergraduates who are pursuing business administration majors, including accounting, economics, finance, hospitality, HR, marketing, and project management. Candidates must have graduated high school in Middle Tennessee, enroll full-time at a four-year non-profit college, display a minimum 2.5, and exhibit financial need via 1040 tax returns.


Scarlett Family Foundation Scholarships
4117 Hillsboro Pike Suite 103255
Nashville, TN 37215
Scholarship Link

20. Teaming to Win Business Scholarship

Deadline: February 28th

Thanks to the Robert H. Mollohan Family Charitable Foundation, the Teaming to Win Business Scholarship is available for West Virginia residents who are pursuing a business administration or closely related major at any accredited in-state institution. Eligibility criteria mandates holding an overall GPA above 3.0, achieving sophomore or junior standing, showcasing leadership material, and submitting two sealed evaluation forms. Recipients could also receive partial or full student loan forgiveness if remaining in West Virginia post-graduation.


Teaming to Win Business Scholarship
1000 Technology Drive Suite 2000
Fairmont, WV 26554
(304) 333-6783
Scholarship Link

There’s a good reason why business administration is America’s #1 most popular major. Having a business degree is like an all-access pass into today’s competitive market. Business skill sets are applicable to various fast-growing industries for excellent long-term ROI. According to TIME magazine, students with a bachelor’s degree in business administration earn an above-average starting salary of $52,236. Income potential only skyrockets further for individuals earning an MBA. Fund your pathway towards suit-wearing, C-suite executive positions by applying for some of these 20 great business administration scholarships.

GCD Staff


This concludes our review of the best business scholarships to reduce your college bill significantly.