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National Business Association Scholarship Program

March 8, 2010

by Agnes Jasinski

More and more students are considering majoring in business now that the GRE is accepted in lieu of the GMAT at many business schools, and the job market has been looking a little better for business school graduates as the economy finally starts to pick up. This means business scholarships are even more common, as schools and organizations want to help those future businessmen and women cover their college costs.

This week's Scholarship of the Week is one such opportunity. The National Business Association Scholarship Program doles out awards to children of members of the organization and members of the organization, which is a nonprofit interested in providing supports to small businesses and entrepreneurs. Don't limit your search if you don't have connections to the group, though. There are many business scholarships out there that you may be specifically eligible for, even those aimed at accounting majors, marketing majors, or those interested in other business-related fields.

Prize: Up to five $1,500 scholarships will be awarded each year.

Eligibility: Those eligible to apply for the NBA scholarships are high school seniors, college freshmen, sophomores and juniors who are dependent sons and daughters of NBA dues-paying Members, or NBA members themselves. Institutions of attendance must be accredited, nonprofit two or four-year colleges/universities in the United States. A student may transfer from one institution to another and retain the award. Academic achievements will be considered; high school applicants should rank in the top third of their senior class but not in the top 10 percent. Standardized test scores should range from 18 to 26 for the ACT, or between 850 to 1170 on the SAT combined. Students enrolled in college should present college GPAs that range from 2.5 to 3.5.

Deadline: April 1, 2010

Required Material: By February 1 of each year, the NBA announces the start of the scholarship competition. Those interested must fill out an application packet, which will ask for things like your academic achievements, community service work, and other interests.

Further details about the application process can be found by conducting a free college scholarship search on Scholarships.com. Once the search is completed, students eligible for this scholarship award will find it in their search results.


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