Corporate Scholarships: Walmart, Target, and Best Buy Scholarships

Popular companies award scholarship money every year. See how you can apply and augment your college fund.

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Many companies have corporate scholarships for their employees and the children of their employees. Some of these scholarships are even available to the general public. Find out if you’re eligible for these types of scholarships, furnished by successful corporations like Walmart, Best Buy, Coca-Cola, and Tylenol.

Many companies have corporate scholarships for their employees and the children of their employees.

Corporate Scholarships

  • Walmart Scholarship: Walmart Dependent Scholarship

Award: $13,000
Overview: The Walmart Dependent Scholarship is for dependents of any Walmart or Sam’s Club associate and is paid out over four years.
Requirements/Eligibility: Eligible applicants are dependents of Walmart or Sam’s Club associates, high school seniors, home-schooled seniors or earning a GED, have at least a 2.0 GPA and be able to demonstrate financial need.

  • Walmart Scholarship: Walmart Associate Scholarship

Award: Varies
Overview: The Walmart Foundation offers another scholarship for associates who are seeking a degree at an accredited institution of higher learning. The foundation gives out the scholarship four times a year and offers scholarship renewal.
Requirements/Eligibility: Eligible applicants are associates of Walmart or Sam’s Club, based in the US, and must demonstrate financial need and community involvement.

  • Best Buy Scholarship Program

Award: $1,000
Overview: The Best Buy Children’s Foundation serves students with after-school programs, research opportunities and access to technology. Up to 1,200 students are awarded the scholarship per year.
Requirements/Eligibility: Eligible applicants are high school students. Students are chosen based on academic achievement, volunteering, and work experience.

  • Coke Scholarship: Coca-Cola Scholars Program

Award: $10,000 or $20,000
Overview: The Coca-Cola Scholars Program chooses 250 students to receive four-year awards. 50 are honored at the national level and given $20,000, while an additional 200 are selected as Regional Scholars.
Requirements/Eligibility: Eligible applicants are current US citizens who are high school seniors planning to pursue a higher education degree and have a minimum 3.0 GPA. Applicants cannot be children or grandchildren of Coca-Cola employees.

  • Pepsi Scholarship: Pepsi ExCEL Scholarships

Award: Varies
Overview: The PepsiCo Foundation ExCEL scholarships provide monetary backing for students who want to study at two- and four-year colleges worldwide. Thousands of students have received the award since 1996.
Requirements/Eligibility: ExCEL scholarships are only available to the children of PepsiCo employees, its divisions, subsidiaries and eligible bottlers.

  • Tylenol Scholarship: Tylenol Future Care Scholarships

Award: $1,000 to $10,000
Overview: The Tylenol Future Care Scholarships are awarded to 40 students who plan to enroll in a health care program. The scholarship is available to both undergraduate and graduate students and was started in 1982.
Requirements/Eligibility: Eligible applicants are citizens of the United States or Puerto Rico and are undergraduate or graduate students enrolled at an accredited university in a field related to health care. Applicants must have also completed a year of study by the end of the year they apply and have at least one year remaining. Applicants are judged on leadership qualities and academic performance.

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