If selected as a recipient, the student will receive an award up to $5,000 (USD). Awards may be renewed at the same level for up to three additional years or until undergraduate degree requirements are completed, whichever occurs first. Renewal is contingent upon satisfactory academic performance in a full-time course of study and continuation of the program by the PepsiCo Foundation. Awards are for undergraduate study only.
Applicants must be dependent children, age 24 and under, of regular full-time or part-time hourly or salaried employees of PepsiCo Inc. Eligible employees must be actively employed in good standing, or on an approved leave of absence during the verification process. Executives in LG4 and above roles and eCommerce employees in C2 and C1 roles are not eligible.
Dependent children are defined as natural or legally adopted children or dependent stepchildren primarily supported by the employee - i.e., the employee must provide more than half of the child’s total support during the calendar year. Applicants must be students in their final year of high school/upper secondary school, high school/upper secondary school graduates, or current college/university undergraduates who will be enrolled in full-time undergraduate study at an accredited college, university, or vocational-technical school for the entire academic year for which the scholarship is awarded.