Retail Company Scholarships

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What Retail Company Scholarships Can Students Apply for?

Many of the biggest retailers in the United States offer scholarship funds to undergrad and graduate students. Walmart and Target award retail company scholarships to their employees and family members. But others are open to a wide pool of students. Coca Cola awards $20,000 scholarships to high school seniors.

There are two types of scholarship programs retail companies offer based on financial need and merit. Need based awards usually look at the information on your FAFSA. Merit is about academic achievement. They look at a minimum GPA, test scores and leadership. As long as you meet the criteria for either, you may apply. To do so, you are likely to fill out a scholarship application. These forms spell out any extra documents you need to submit and due date. 

Each year, Home Depot sponsors up to 1,000 scholarships for their Orange Scholars program. Scholarship recipients could up to receive $2,500. These are for the children of current associates. Full or part time hourly employees’ may also qualify. Eligible applicants must be current high school seniors or college students. You must be planning to enroll full time. You also must be attending an accredited nonprofit two year community college or four year college/university. 

Amazon Future Engineer Scholarship is a national scholarship program. So, you do not have to be an employee of Amazon to apply. Eligible applicants must be high school seniors with at least one AP computer science course. You must also plan study full time at an accredited four year college. Accepted majors are software engineering, computer engineering or one related to CS. Winners of the award receive $10,000 at an accredited four year college or university. They also get a paid summer internship at Amazon after their freshman year of college.

10 Retail Scholarships You Should Apply for 

Ready to start your scholarship search? Here’s a list of college scholarships from retail chains to start you out. Double check their eligibility requirements. Contact the providers if you have any questions about their application process.   

  1. Tylenol Future Care Scholarship
  2. Bristol Myers Squibb Scholarship for Cancer Survivors
  3. Dell Scholars Program 
  4. Walmart Associate Scholarship
  5. Walmart Dependent Scholarship 
  6. Amazon Future Engineer Scholarship 
  7. CVS Pharmacy, Inc. Pharmacy Scholarship
  8. AXA Achievement Scholarship 
  9. The Home Depot Orange Scholars Scholarship
  10. Costco Scholarship 

Are There Retail Scholarship Opportunities by Major?

There are awards for students studying fashion, supply chain or retail management. Retail company scholarships could make it less expensive to pursue a college degree. The retail industry has many careers in sales, marketing, supply chain, fashion and more. So, as a prospective undergraduate student, there are many options when it comes to choosing a career path. You may want to start a business, new trend or work behind the scenes solving operational problems. Whatever your goals, use them to pinpoint scholarships to help you earn a college degree. A college degree could also boost lifetime earnings according to Bureau of Labor Statistics. People with a bachelor’s degree tend to earn at least $2,000 per month more than those with a high school diploma. 

Retail Management Scholarships

A retail management degree blends business, data analysis, branding and more. These areas help students understand how to run stores and sell products. Colleges that offer this type of program may also have scholarships for new and current students.

Once you graduate, there may be various jobs to pursue like retail sales manager. Salaries in retail management could vary. Some sales managers earn median annual wages of $126,640 according to Bureau of Labor Statistics. 

The Fashion Institute of Design and Merchandising is FIDM. Each year their national FIDM Scholarship Competition also helps students pay for some of the costs of studying at FIDM. In all, they offer 6 full one year National Scholarships. Awards valued up to $36,000 each. Six partial $10,000 awards each as well. All HS seniors and graduates who are U.S. citizens or permanent residents may apply if first time FIDM students. 

Fashion Scholarships

Many fashion designers and merchandisers enter the field with a bachelor’s degree. These programs often explore textiles, fabrics and industry software. Graduates often work in areas like management, entertainment, manufacturing. Median salaries in these areas range from $37,260 to over $149,010, according to the BLS. 

Another retail company scholarship is from Two Ten FootwearThey offer $3,000 renewable scholarships for any student who is studying design with a focus on footwear. The criteria used to choose recipients are financial need and three design drawings from their portfolio.

Supply Chain Management Scholarships

A supply chain manager figures out how to move a product from supplier to consumer. Programs that prep for these careers often discuss purchasing, logistics and transport. If this area sounds interesting to you, many supply logisticians jobs require an associate or bachelor’s degree. After you graduate, people in this field report median annual wages of $74,750, and demand for workers tends to be steady.

North American Van Lines is one of the largest moving companies in the U.S. To ensure the industry has qualified professionals, they sponsor the North American Van Lines 2020 Logistics Scholarship Competition. Eligible applicants must be current or enrolling in an accredited college in the U.S. You also must pursue a degree in supply chain management. Three people may each receive a $1,000 scholarship to help them fund their studies at the school of their choice. 

Why Do Retail Companies Offer Scholarships?

Many companies want to make a positive impact to the community by helping students pay for their college education. They want to offer benefits and encourage growth. They also encourage diverse workforce. Whatever the goal behind the giving, Fortune 500 companies represent 2/3rd’s of the U.S. GDP. Overall, that’s $13.7 trillion in revenue. Here are a few common reasons why major retail companies provide scholarships. 

Corporate Social Responsibility

Corporate social responsibility (CSR) is a way for brands to give back to the community and provide positive social impact. For instance, companies offer financial aid to those in need. The Dunkin’ Donuts Philadelphia Regional Scholarship Program gives back to 25 student residents of PA, NJ and DE. Awards are worth up to $3,000. Eligible applicants need a 3.0 GPA and must also be active in their communities.

Employee Benefits & Tuition Reimbursement

Some companies also have tuition reimbursement for eligible employees. The aim is often to create a work culture that nurtures morale and loyalty. They also want to recruit talent that contributes to the company’s success. Walmart Associates Scholarship Program is an example. It’s for eligible employees and their high school senior children. The funds offset the cost of a two year or four year college degree, trade or technical school certificates. 

Encourage Diversity and Inclusivity

For example, the Microsoft Scholarships are for eligible applicants studying computer science/engineering or a related field. Minority and female students as well as students with disabilities often benefit from these awards.

Growth in a Particular Field

Other companies may want attract skilled workers from diverse backgrounds. The scholarships offered may serve as an incentive for students to pursue specific degrees or fields. Retail company scholarships may also encourage innovation among growing talent. Foot Locker Scholar Athletes Program honors bright student athletes who show strong leadership skills in sports, their school and community. There are 20 recipients, and each may receive a $20,000 college scholarship.

List of Retail Company Scholarships

CouponBirds “Help to Save” Scholarship

The CouponBirds “Help to Save” Scholarship is open to college students of all nationalities. College students interested in participating in the scholarship program must be enrolled at an accredited university or college and 18 years or older.

Total: $5000

Awards: 6

Deadline: October 10, 2021

The Home Depot Orange Scholars Scholarship

The Homer Fund seeks to truly make a positive impact in our associates’ lives. The Fund recognizes how expensive post-secondary education can be, and decided in 2006 to branch out and seek other ways to show its support of their associates. More than 13,000 students have been awarded totaling more than $30m in scholarships. Applicants must be have a parent or legal guardian employed with Home Depot, a senior in high school or a current undergraduate studying full time. Students at For-profit colleges/universities are not eligible for this scholarship.

Total: $2500

Awards: 1000

Deadline: November 01, 2021

Home Depot Foundation’s Path to Pro Scholarship by SkillPointe Foundation ($2,000)

Applicants should be focused pursuing a career in Carpentry, Electrical, HVAC, Plumbing or Construction Management, and either planning to enroll or already enrolled in an approved trade-related program at an accredited two-year school (technical/vocational school or college) in the United States.

Total: $6000

Awards: 3

Deadline: December 31, 2021

Dell Scholars Program

This award is for U.S. high school seniors who have a grade point average of 2.4 or higher and demonstrated financial need (e.g., Pell Grant eligible). Students must have participated in an eligible college readiness program during their junior and senior years of high school. Funds can be used for study abroad.

Total: $20000

Awards: 1

Deadline: December 01

Foot Locker Scholar Athletes Program

Applicants must be entering college in the Fall of 2021 as a Freshman at an accredited four-year institution for an undergraduate degree; Applicants must also be currently involved in high school sports, intramural sports, or community based sports and have a minimum GPA of 3.0.

Total: $500000

Awards: 20

Deadline: January 08

FIT Scholarships

FIT is an internationally recognized college for design, fashion, art, communications, and business. The average scholarship award is approximately $1,300 and goes out on the basis of academic merit and financial need.

Total: $3900

Awards: 3

Deadline: January 15

Amazon Future Engineer Scholarship

At Amazon, supporting underserved students in their computer science education is not only important to us–it’s imperative to building a diverse tech industry and future. Our Amazon Future Engineer Scholarship program provides students with an opportunity to upgrade their careers with a $40,000 scholarship, plus a paid summer internship programming at Amazon.

Total: $40000

Awards: 100

Deadline: February 18

Illuminators Educational Foundation (IEF) Scholarships

The Illuminators Educational Foundation provides college scholarships to further the education of members and families of the Illuminators, Western Association of Food Chains and the California Grocers Association. For the 2021-2022 year they plan to award $147,500 through 54 scholarships for undergraduate/graduate students.

Total: $147500

Awards: 54

Deadline: March 01

BMW/SAE Engineering Scholarship

Current high school seniors planning to enroll in an ABET-accredited engineering program are eligible for this award. Students must have a grade point average of 3.75 or higher and SAT/ACT scores in the 90th percentile.

Total: $1500

Awards: 1

Deadline: March 15

Sports Matter Scholarship

The Lindsey Vonn Foundation together with DICK’s Sporting Goods offers the Sports Matter Scholarship for individuals in need, with a passion for and who show promise in a sport. Must be 10 to 18 years of age at the time of application. Scholarship limit amount: $15,000.

Total: $15000

Awards: 1

Deadline: March 26