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10 Business Scholarships for High School Students

As a high school student planning to pursue a degree in business, entrepreneurship, and finance, applying for a business scholarship can be a transformative step. These scholarships not only alleviate the financial burden associated with medical education but also offer unique opportunities for personal and intellectual growth. A scholarship in a business-related field also boosts their CV, showcasing their dedication and passion for the subject. Furthermore, receiving a scholarship demonstrates a commitment to academic excellence, which can be highlighted in college applications, research experiences, and statements of purpose (SOPs). 


By securing financial assistance, you’ll be able to better focus on your studies, engage in valuable research experiences, and participate in extracurricular activities that enhance your understanding of the medical field.


Additionally, landing a competitive scholarship is viewed very positively by admissions officers, not just because of its prestige, but also because it showcases your skills and motivation to excel in a field you are passionate about. 


Below, we have compiled a list of 10 amazing business scholarships for high school students. 


The Lumiere Research Inclusion Foundation, an initiative established by Lumiere Education, is a nonprofit organization. Stemming from the Lumiere Research Scholar Program, a prominent 1 to 1 research initiative for high school students, this foundation offers independent research opportunities to talented, low-income students who do not have access to conventional research programs. Similar to an Individual Research Scholar Program, the Lumiere Breakthrough Scholar Program is Lumiere Education’s counterpart. 


Operating as a 501(c)(3) nonprofit, the foundation extends these opportunities to high school seniors worldwide without any cost. There are no strict criteria regarding GPA, income, or test scores, making it an excellent option for students who believe they possess a well-rounded academic record.


Grant Amount: N/A

Eligibility: High school students.

Deadlines: The summer cohort deadline is May 12. 


The Deja Family Memorial Scholarship is a $750 award designated for high school seniors demonstrating outstanding leadership qualities and a strong commitment to community service and social entrepreneurship. Established in memory of the Deja family, this scholarship aims to assist students who exemplify their values. 

This scholarship not only offers financial aid but also acknowledges and rewards students who have positively impacted their communities. It serves as a means to inspire and bolster young leaders devoted to effecting change in their surroundings. Prospective applicants are encouraged to emphasize their leadership experiences and involvement in community service to enhance their chances of securing this scholarship.


Grant Amount: $750

Eligibility: High school students.

Deadlines: 10th March, 2024


The A&F Business Consultants Scholarship offers a $1,000 grant targeting high school juniors, seniors, and individuals enrolled in accredited post-secondary institutions or vocational/trade schools. It's designed to aid students pursuing their educational and professional aspirations in business-related domains. Applicants are required to write an essay of 500 to 1,000 words on the designated topic for the year. This initiative aims to financially support students who exhibit a keen interest in business and demonstrate determination to excel academically.


Grant Amount: $1000

Eligibility: High school students.

Deadlines: 10th June, 2024. 


The Party Headphones Business-Forward Student Scholarship is a $500 annual scholarship provided by Party Headphones. This scholarship is designed to assist students with educational expenses such as tuition, computers, books, room, and board. It is open to students in the United States who have an interest in business or marketing. The company is dedicated to fostering the next generation of business leaders and supporting students interested in business endeavors. 


This scholarship is open to both undergraduate, and graduate students who are enrolled full time, or will be, at the time the scholarship is awarded, at any accredited university within the United States. This includes High School Seniors who have been accepted into a University program for the upcoming fall semester.


Grant Amount: $500

Eligibility: High school Seniors who have been accepted into universities.

Deadlines: Applications are open between January 1st through August 1st.


The NFIB Young Entrepreneur Awards Program, administered by the National Federation of Independent Business (NFIB), provides scholarships to high school seniors graduating and commencing their freshman year at accredited two- or four-year institutions or vocational/technical institutes. This initiative aims to educate young individuals about the pivotal role of private enterprise and entrepreneurship in the United States. The scholarships range from $2,000 to $15,000, with 100 awards distributed annually. Candidates must demonstrate ownership or operation of a business and exhibit entrepreneurial drive and initiative. The application process entails submitting transcripts, a high-quality photograph, a resume, and an essay detailing their entrepreneurial experiences and future aspirations. A select number of recipients may be invited to attend an event in Washington, DC, with the top five awardees receiving additional recognition.


Grant Amount: $2000-$15000

Eligibility: High school Seniors who own and operate their established business.

Deadlines: 18th December.  


The Blacks at Microsoft (BAM) Scholarship is available to African American high school seniors with demonstrated financial need who intend to pursue a bachelor's degree in Engineering, Computer Science, Computer Information Systems Security, Business and Management, Finance and Accounting, or Marketing. This scholarship offers awards ranging from $2,500 to $5,000, with up to 50 scholarships granted each year. The top 20 finalists are awarded $5,000 scholarships renewable for up to three years based on academic performance, while the remaining 480 recipients receive one-time $2,500 awards. Applicants are assessed based on their academic achievements, interest in the software industry, leadership qualities, financial need, and an essay outlining their career aspirations in the technology and business sector. 


Grant Amount: $2500-$20000

Eligibility: High school Seniors, US Citizens, Permanent Residents

Deadlines: 13th March. 


The High School Scholarship offered by the American Society of Military Comptrollers is open to graduating seniors who are venturing into fields directly linked to financial or resource management, such as business administration, economics, accounting, or finance. Its primary goals are to honor academic excellence, provide financial support to students pursuing their undergraduate studies in financial management, and bolster local chapter scholarship initiatives. Eligible applicants must maintain a minimum GPA of 3.0 and be in the latter half of their senior year or graduating high school within six months of the application deadline. Candidates pursuing studies outside of financial or resource management will not be considered. The application typically involves submitting an application form, a college acceptance letter, and fulfilling specific requirements set by the scholarship program. Total of 9 students are awarded this scholarship annually. 


Grant Amount: $1000-$3000

Eligibility: High school Seniors.

Deadlines: 31st March. 


The Slumber Search Scholarship is aimed at assisting students interested in business and entrepreneurship in their academic endeavors by providing financial aid. It is open to U.S. high school seniors and undergraduate students who maintain a minimum grade point average of 3.0. This one-time scholarship aims to ease the financial burden on students and offer support for their educational pursuits. The scholarship awards $1,000 to students attending college or university. Eligible applicants include current high school seniors or college students in the United States. 


Grant Amount: $1000

Eligibility: High School Seniors & College Students

Deadlines: 30th, June. 


The Fukunaga Scholarship is a prestigious opportunity that supports Hawaiian High school seniors and college students pursuing undergraduate degrees in business. With a grant of $20,000, this scholarship is awarded to 10 students from Hawaii to cover their four-year undergraduate programs. The Fukunaga Scholarship Foundation aims to encourage Hawaiian students to pursue business careers by providing financial assistance for their education. Tailored specifically to residents of Hawaii interested in majoring in business at colleges across the United States, the foundation plays a crucial role in nurturing future business professionals and fostering academic excellence within the Hawaiian community.


Grant Amount: $5000 per year

Eligibility: High School Seniors & College Students

Deadlines: NA


The Surety Bond Authority Scholarship presents a coveted opportunity for students with interests in Accounting, Banking, Finance, or other business-related fields. Valued at $1,500, this scholarship program recognizes and supports dedicated students in these disciplines. Available to both high school and college students, the scholarship aims to aid individuals committed to advancing their education in business-related coursework. Emphasizing the significance of academic excellence and dedication, the program offers financial assistance to students pursuing careers in Accounting, Banking, Finance, or related fields. Those interested in this scholarship should consider applying to receive support for their educational pursuits in the specified disciplines.


Grant Amount: $1500 per year

Eligibility: High School Seniors & College Students

Deadlines: November 2024. 


Young Founders Lab

If you’re looking for an incubator program that helps you establish a developed startup in high school, consider the Young Founders Lab! 


The Young Founders Lab is a real-world start-up bootcamp founded and run by Harvard entrepreneurs. In this program, you will work towards building a revenue-generating start-up that addresses a real-world problem. You will also have the opportunity to be mentored by established entrepreneurs and professionals from Google, Microsoft, and X. 

You can access the application link here!


One other option - Lumiere Research Scholar Program

If you would like to further enhance your applications by doing research in business and related fields, you should also consider applying to the Lumiere Research Scholar Program, a selective online high school program for students founded with researchers at Harvard and Oxford. Last year, we had over 4000 students apply for 500 spots in the program! You can find the application form here.


Stephen is one of the founders of Lumiere and a Harvard College graduate. He founded Lumiere as a Ph.D. student at Harvard Business School. Lumiere is a selective research program where students work 1-1 with a research mentor to develop an independent research paper.


Image Source: Party Headphones logo

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