The Alvaro L. Martins Scholarship was created in honor of The Executive Leadership Council’s first President and CEO and noted founding member. The Alvaro L. Martins Scholarship is awarded to ambitious undergraduate Black male students who are enrolled in an accredited four-year college. This scholarship opportunity is open to rising sophomores and juniors.

Scholarship awardees will receive a two-year, need-based scholarship in the amount of $10,000 per year to assist with educational expenses for the upcoming academic year(s). The scholarship will be paid directly to the awardees’ college and will be disbursed in equal amounts for the fall and spring semesters. Scholars will be required to resubmit their transcripts and meet the GPA criteria at the end of the academic year to renew the award for the subsequent academic year(s), if applicable.

Institution Type: Accredited four-year college
Min GPA: 2.8
Fall 2024 Academic Classification: Sophomore or Junior
Major: Open
Award Amount: $10,000/year
Award Length: 2 years

Named for the first woman chair of The Executive Leadership Council and former chairman and CEO of Young & Rubicam Brands, the Ann Fudge Scholarship is awarded to ambitious undergraduate Black female students who are enrolled in an accredited four-year college. This scholarship opportunity is open to rising sophomores and juniors.

Scholarship awardees will receive a two-year, need-based scholarship in the amount of $10,000 per year to assist with educational expenses for the upcoming academic year(s). The scholarship will be paid directly to the awardees’ college and will be disbursed in equal amounts for the fall and spring semesters. Scholars will be required to resubmit their transcripts and meet the GPA criteria at the end of the academic year to renew the award for the subsequent academic year(s), if applicable.

Institution Type: Accredited four-year college
Min GPA: 2.8
Fall 2024 Academic Classification: Sophomore or Junior
Major: Open
Award Amount: $10,000/year
Award Length: 2 years

The Protecting Black Voices Scholarship was created to support students committed to civic responsibility and community engagement. This scholarship is awarded to high-achieving undergraduate Black students enrolled in an accredited four-year college pursuing a degree in history, political science, communications, media, journalism, or related majors. This scholarship opportunity is open to rising sophomores and juniors.

Scholarship awardees will receive a two-year, need-based scholarship in the amount of $10,000 per year to assist with educational expenses for the upcoming academic year(s). The scholarship will be paid directly to the awardees’ college and will be disbursed in equal amounts for the fall and spring semesters. Scholars will be required to resubmit their transcripts and meet the GPA criteria at the end of the academic year to renew the award for the subsequent academic year(s), if applicable.

Institution Type: Accredited four-year college
Min GPA: 2.8
Fall 2024 Academic Classification: Sophomore, Junior, Senior, Graduate
Major: History, Political Science, Communications, Media, Journalism or related
Award Amount: $10,000/year
Award Length: 2 years

Sponsored by Bank of America, this scholarship is awarded to high-achieving undergraduate Black students who are enrolled in one of the nation’s Historically Black Colleges and Universities (HBCUs). This scholarship opportunity is open to rising sophomores and juniors.

Scholarship awardees will receive a two-year, need based scholarship in the amount of $12,000 per year to assist with educational expenses for the upcoming academic year. The scholarship will be paid directly to the awardees’ college and will be disbursed in equal amounts for the fall and spring semesters. Scholars will be required to resubmit their transcripts and meet the GPA criteria at the end of the academic year to renew the award for the subsequent academic year(s).

Institution Type: Historically Black College and University
Min GPA: 3.0
Fall 2024 Academic Classification: Sophomore or Junior
Major: Open
Award Amount: $12,500/year
Award Length: 2 years

Sponsored by The Coca-Cola Foundation, this scholarship is awarded to high-achieving undergraduate Black students who are enrolled in an accredited four-year college. Top undergraduate students are invited to compete in a national writing competition focused on business trends, issues, and insights. This scholarship opportunity is open to rising seniors.

Scholarship awardees will receive a one-time, need-based scholarship in the amount of $10,000 per year to assist with educational expenses for the upcoming academic year(s). The scholarship will be paid directly to the awardees’ college and will be disbursed in equal amounts for the fall and spring semesters.

Institution Type: Accredited four-year college
Min GPA: 2.8
Fall 2024 Academic Classification: Seniors (only)
Major: Open
Award Amount: $10,000/year
Amount Length: 1 year

Sponsored by Comcast, this scholarship is awarded to high-achieving undergraduate Black students who are enrolled in an accredited four-year college. This scholarship is awarded to high-achieving undergraduate Black students enrolled in an accredited four-year college pursuing a degree in business or mass art media. This scholarship opportunity is open to rising juniors.

Scholarship awardees will receive a two-year, need-based scholarship in the amount of $10,000 per year to assist with educational expenses for the upcoming academic year(s). The scholarship will be paid directly to the awardees’ college and will be disbursed in equal amounts for the fall and spring semesters. Scholars will be required to resubmit their transcripts and meet the GPA criteria at the end of the academic year to renew the award for the subsequent academic year(s), if applicable.

Institution Type: Accredited four-year college
Min GPA: 3.0
Fall 2024 Academic Classification:Junior
Major:Business, Communications, Mass Media and Other related fields
Award Amount: $10,000/year
Amount Length: 2 years

Sponsored by ExxonMobil, this scholarship is awarded to high achieving undergraduate Black students enrolled in an accredited four-year college pursuing a degree in Chemical Engineering, Mechanical Engineering, Electrical Engineering, Computer Engineering, Civil Engineering, Petroleum Engineering, or Industrial Engineering. This scholarship opportunity is open to rising sophomores and juniors.

Scholarship awardees will receive a two-year, need-based scholarship in the amount of $10,000 per year to assist with educational expenses for the upcoming academic year(s). The scholarship will be paid directly to the awardees’ college and will be disbursed in equal amounts for the fall and spring semesters. Scholars will be required to resubmit their transcripts and meet the GPA criteria at the end of the academic year to renew the award for the subsequent academic year(s).

Institution Type: Accredited four-year college
Min GPA: 3.2
Fall 2024 Academic Classification: Sophomore or Junior
Major: Chemical Engineering, Mechanical Engineering, Electrical Engineering, Computer Engineering, Civil Engineering, Petroleum Engineering, Industrial Engineering
Award Amount: $10,000/year
Amount Length: 2 years
Essay Question 1: BigCo Energy is one of several large multi-national companies that will be a part of the ongoing “energy transition”. How can BigCo leverage innovation to navigate the energy transition uncertainty?
Essay Question 2: Where should BigCo invest its capital dollars? Which technologies? Why? - Should BigCo invest in developing its own technology or focus more on acquiring companies?

Sponsored by Hewlett Packard Enterprise (HPE), this scholarship is awarded to high-achieving undergraduate Black students enrolled in an accredited four-year college pursuing a degree in a business or STEM-related field. This scholarship is open to rising sophomores and juniors.

Scholarship awardees will receive a two-year, need-based scholarship in the amount of $8,245 per year to assist with educational expenses for two academic years. The scholarship will be paid directly to the awardees’ college and will be disbursed in equal amounts for the fall and spring semesters. Scholars will be required to resubmit their transcripts and meet the GPA criteria at the end of the academic year to renew the award for the subsequent academic year(s).

Institution Type: Accredited four-year college
(preference given to students attending Alabama State University, Jackson State University, North Carolina A&T State University, Prairie View A&M, Texas A&M, University of Houston, University of North Texas, University of Texas at Austin, San Jose State University, California State University Sacramento)
Min GPA: 3.0
Fall 2024 Academic Classification: Sophomore or Junior
Major: Computer Science, Computer Engineering, Electrical Engineering, Math, Industrial Engineering, Statistics, Cyber Security, Marketing, Human Resources, Finance, Business Analytics, Information Systems
Award Amount: $8,245/year
Award Length: 2 years

Sponsored by HSBC Bank USA, this scholarship is awarded to high-achieving undergraduate Black students enrolled in an accredited four-year college pursuing a degree in a business or STEM-related field. This scholarship is open to rising sophomores.

Scholarship awardees will receive a one-time, need-based scholarship in the amount of $17,500 to assist with educational expenses for the upcoming academic year. The scholarship will be paid directly to the awardees’ college and will be disbursed in equal amounts for the fall and spring semesters.

Institution Type: Accredited four-year college
Min GPA: 3.2
Fall 2024 Academic Classification: Sophomore
Major: Business
Award Amount: $17,500/year
Award Length: 1 year

Sponsored by Johnson & Johnson, this scholarship is awarded to high-achieving undergraduate Black students enrolled in an accredited four-year college pursuing a degree in business, STEM or health-related fields. This scholarship is open to rising juniors.

Scholarship awardees will receive a two-year, need-based scholarship in the amount of $8,000 per year to assist with educational expenses for two academic years. The scholarship will be paid directly to the awardees’ college and will be disbursed in equal amounts for the fall and spring semesters. Scholars will be required to resubmit their transcripts and meet the GPA criteria at the end of the academic year to renew the award for the subsequent academic year(s).

Selected scholarship recipients will also receive the opportunity to intern with Johnson & Johnson during the summer of the Scholar’s rising senior year.

Institution Type: Accredited four-year college
Min GPA: 3.0
Fall 2024 Academic Classification: Junior
Major: Business, STEM or health-related majors
Award Amount: $8,000/year
Award Length: 2 years

Sponsored by Lowe’s, this scholarship is awarded to high-achieving undergraduate Black students enrolled in an accredited four-year college pursuing a degree in business, technology, or supply chain management. This scholarship is open to rising sophomores and juniors.

Scholarship awardees will receive a two-year, need-based scholarship in the amount of $10,000 per year to assist with educational expenses for the upcoming academic year(s). The scholarship will be paid directly to the awardees’ college and will be disbursed in equal amounts for the fall and spring semesters. Scholars will be required to resubmit their transcripts and meet the GPA criteria at the end of the academic year to renew the award for the subsequent academic year(s), if applicable.

Institution Type: Accredited four-year college
Min GPA: 3.0
Fall 2024 Academic Classification: Sophomore or Junior
Major: Computer Science, Computer Engineering, Data Analytics, Finance, Accounting, Economics, Business Analytics, Supply Chain Management
Award Amount: $10,000/year
Award Length: 2 years

Sponsored by RTX, this scholarship is awarded to high-achieving Black students attending an accredited four-year college pursuing a degree in business, engineering and technology. This scholarship opportunity is open to rising sophomore and juniors.

Scholarship awardees will receive a two-year, need-based scholarship in the amount of $10,000 per year to assist with educational expenses for the upcoming academic year(s). The scholarship will be paid directly to the awardees’ college and will be disbursed in equal amounts for the fall and spring semesters. Scholars will be required to resubmit their transcripts and meet the GPA criteria at the end of the academic year to renew the award for the subsequent academic year(s), if applicable.

Institution Type: Alabama A&M, Howard University, North Carolina A&T, Prairie View, Tuskegee
Min GPA: 3.0
Fall 2024 Academic Classification: Sophomore or Junior
Major: Business, engineering, operations, supply chain, technology
Award Amount: $10,000/year
Award Length: 2 years

Sponsored by Synchrony, this scholarship is awarded to high-achieving undergraduate Black students enrolled in an accredited four-year college. This scholarship is open to rising sophomores and juniors.

Scholarship awardees will receive a two-year, need-based scholarship in the amount of $10,000 per year to assist with educational expenses for the upcoming academic year(s). The scholarship will be paid directly to the awardees’ college and will be disbursed in equal amounts for the fall and spring semesters. Scholars will be required to resubmit their transcripts and meet the GPA criteria at the end of the academic year to renew the award for the subsequent academic year(s), if applicable.

Institution Type: Accredited four-year college
Min GPA: 3.0
Fall 2024 Academic Classification: Sophomore or Junior
Major: Open
Award Amount: $10,000/year
Award Length: 2 years

Sponsored by Otsuka, this scholarship is awarded to high-achieving undergraduate Black students enrolled in an accredited four-year college pursuing a degree in a business or STEM-related field. This scholarship is open to rising juniors and seniors.

Scholarship awardees will receive a two-year, need-based scholarship in the amount of $10,000 per year to assist with educational expenses for the upcoming academic year(s). The scholarship will be paid directly to the awardees’ college and will be disbursed in equal amounts for the fall and spring semesters. Scholars will be required to resubmit their transcripts and meet the GPA criteria at the end of the academic year to renew the award for the subsequent academic year(s).

Institution Type: Accredited four-year college
Min GPA: 3.0
Fall 2024 Academic Classification: Junior or Seniors
Major: Business, Psychology, Human Resources, Information Technology/Computer Science, Chemical Engineering, Electrical Engineering, Mechanical Engineering, Mathematics, Statistics, Data & Analytics, Finance, Marketing, Bioengineering, Healthcare Operations Management, Health Science, Healthcare Technology, Pharmaceutics, Pharmacometrics, Clinical Pharmacology, Regulatory affairs, Cyber Security, Communications, Health Informatics
Award Amount: $10,000/year
Award Length: 2 years

Sponsored by UnitedHealth Group, this scholarship is awarded to high-achieving undergraduate Black students enrolled in an accredited four-year college pursuing a degree in a business or STEM-related field. This scholarship is open to rising sophomore or juniors.

Scholarship awardees will receive a two-year, need-based scholarship in the amount of $10,000 per year to assist with educational expenses for the upcoming academic year(s). The scholarship will be paid directly to the awardees’ college and will be disbursed in equal amounts for the fall and spring semesters. Scholars will be required to resubmit their transcripts and meet the GPA criteria at the end of the academic year to renew the award for the subsequent academic year(s).

Institution Type: Accredited four-year college
Min GPA: 3.0
Fall 2024 Academic Classification: Junior, Senior
Major: Business, Physical and Chemical Sciences, Technology, Health Sciences, Nursing, Engineering, Communications
Award Amount: $10,000/year
Award Length: 2 years

The Protecting Black Voices Graduate Scholarship was created to support students committed to civic responsibility and community engagement. This scholarship is awarded to high-achieving graduate Black students pursuing an advanced degree in History, Political Science, Communications, Media, Journalism, Public Policy, Public Administration, or related fields. This scholarship is open to incoming graduate students.

Scholarship awardees will receive a two-year, need-based scholarship in the amount of $10,000 per year to assist with educational expenses for the upcoming academic year(s). The scholarship will be paid directly to the awardees’ college or university and will be disbursed in equal amounts for the fall and spring semesters. Scholars will be required to resubmit their transcripts and meet the GPA criteria at the end of the academic year to renew the award for the subsequent academic year(s), if applicable.

Institution Type: Accredited four-year college
Min GPA: 2.8
Fall 2024 Academic Classification: 1st year grad
Major: History, Political Science, Communications, Media, Journalism or related
Award Amount: $10,000/year
Award Length: 2 years

Sponsored by Otsuka, this scholarship is awarded to high-achieving graduate Black students pursuing an advanced degree in a business or STEM-related field. This scholarship is open to incoming graduate students.

Scholarship awardees will receive a two-year, need-based scholarship in the amount of $10,000 per year to assist with educational expenses for the upcoming academic year(s). The scholarship will be paid directly to the awardees’ college or university and will be disbursed in equal amounts for the fall and spring semesters. Scholars will be required to resubmit their transcripts and meet the GPA criteria at the end of the academic year to renew the award for the subsequent academic year(s).

Institution Type: Accredited four-year college
Min GPA: 3.0
Fall 2024 Academic Classification: 1st year grad
Major: Business, Psychology, Human Resources, Information Technology/Computer Science, Chemical Engineering, Electrical Engineering, Mechanical Engineering, Mathematics, Statistics, Data & Analytics, Finance, Marketing, Bioengineering, Healthcare Operations Management, Health Science, Healthcare Technology, Pharmaceutics, Pharmacometrics, Clinical Pharmacology, Regulatory affairs, Cyber Security, Communications, Health Informatics
Award Amount: $10,000/year
Award Length: 2 years

Honors Symposium is a multi-day professional development experience comprising of a series of workshops and meetings that prepare ELC Scholars to contribute their talents in the workplace effectively. As a result of the ongoing public health crisis, the Honors Symposium will be conducted at a limited capacity from October 1-4, 2024, in Washington, D.C. Registration and travel details will follow soon, but for now here is what you can expect from the program:

• A series of professional development seminars and keynote sessions featuring notable business and community leaders.
• Networking opportunities with other ELC Scholars as well as ELC members, senior-level executives, and other prominent global Black business leaders.
• Opportunities to attend powerful sessions facilitated by Black leaders via ELC's Institute for Leadership Development. These are “for us, by us” conversations about navigating the corporate world as Black leaders.

FREQUENTLY ASKED QUESTIONS

1. Are you currently enrolled in an accredited four-year college as an undergraduate student or a graduate program?

• UNDERGRADUATE SCHOLARSHIPS: ELC Undergraduate Scholarships are available to applicants currently enrolled in an accredited four-year college. High school seniors and graduate students are not eligible to apply for undergraduate scholarships.

• GRADUATE SCHOLARSHIPS: ELC Graduate Scholarships are available to incoming graduate students as of Fall 2024. Applicants not enrolled in a graduate program are still eligible to apply but must have admission into a graduate program for the Fall of 2024 by the time of the scholarship award notification in April 15, 2024.

2. Are you a U.S. Citizen?

• ELC Scholarships are available to U.S citizens residing in and attending school in the U.S. International students and non-citizens are not eligible.

3. Are you Black, African American, Afro-Caribbean, Afro-Latinx, or other African descent?

• ELC Scholarships are designed for students of African descent. One of the ELC’s missions is to increase the number of successful Black executives by granting opportunities that add value to their development, leadership, academic, and philanthropic endeavors. One way we accomplish this mission is by offering scholarships to students of the African American community.

4. Did you apply for need-based financial aid?

• UNDERGRADUATE: If FAFSA declares an applicant eligible for aid, the applicant is eligible for ELC Scholarships. We want to ensure that scholarships are awarded to students who need it. All ELC Scholarships are need-based.

• GRADUATE: Applicants applying for any graduate program funding or loans including federal student loans, private loans, and grants are eligible to apply for an ELC Scholarship.

5. Have you previously won an ELC Scholarship?

• Past scholarship recipients are ineligible to reapply for ELC Undergraduate Scholarships.
• However, past scholarship recipients are eligible to apply for ELC Graduate Scholarships.

6. Are you a dependent of an ELC Member?

• If your parent or guardian is an existing member of the ELC, you are ineligible to apply for the ELC Scholarship Program.

1. How many scholarships can I apply for? Even if I am eligible for most of them?

• Applicants are encouraged to apply to scholarship you are eligible for. Research the company as you will gain exposure to internship, full-time and other professional opportunities.

2. Do I have to complete all the essay questions?

• Yes, all essay questions are required.

3. Will the optional items such as extracurricular activities and resume, if included, help my chances of winning the scholarship?

• We take every aspect of your application into consideration.

4. Do I have a better chance at winning the scholarship if I use the entire 300-word count for each essay question?

• Applicants will be evaluated on readability, sentence structure, grammar, and content. 

5. If I applied in the past and did not receive a scholarship, can I apply again?

• Yes, we strongly encourage you to try again as long as you still meet the eligibility criteria.

6. If transferring for the fall semester, do I list the current school or the school I am transferring to?

• List the school you are enrolled in at the time of your application. If you are accepted by another accredited institution and plan to transfer by the fall semester, you must e-mail scholarships@elcinfo.com to update your application as soon as possible.
• Subject Line: ELC Scholarship Application – School Transfer

7. Am I ineligible if my recommender does not respond? Can I change my recommender if my first choice does not respond?

• Yes, it is your responsibility as an applicant to ensure that your recommender submits the recommendation form on time. Applications without this requirement will be disqualified from the selection process. All recommendation forms are due two weeks past the deadline.
• Yes, you can change your recommender prior to the application deadline.

8. Can I update my application post-submission?

• Yes, if you need to update your application after submission, you must e-mail scholarships@elcinfo.com prior to the application deadline.

• Subject Line: ELC Scholarship Application – Update Application

9. Can I withdraw my application?

• Yes, you can withdraw your scholarship application by sending a request to scholarships@elcinfo.com
• Subject Line: ELC Scholarship Application - Withdraw

10. If I made a mistake in the eligibility form, can I withdraw my application, then restart?

• If you made a mistake, please send an email to scholarships@elcinfo.com. Once you start an application with your email, you will not be able to start over.
• Subject Line: ELC Scholarship Application – Eligibility Form

11. Is classification defined by credit hours or graduation year?

• Classification is determined by graduation year.

12. Does my major matter?

• For certain scholarships, yes. For example, there are scholarships open to STEM majors only. Be sure to read each scholarship’s criteria.

13. Are ELC Scholarships only open to HBCU’s and state schools?

• No. ELC Scholarships vary by institution type. The majority of awards offered accept applicants from any accredited college in the U.S. Be sure to read each scholarship’s criteria.

1. Do I have to apply for FAFSA to apply for ELC?

• Yes, you have to apply for need-based financial aid. If you are ineligible for aid, you are ineligible for ELC scholarships.

2. What if there is a change to my FAFSA status after I have applied for a scholarship?

• If there is a change to your FAFSA status, send an email to scholarships@elcinfo.com prior to the application deadline.
• Subject Line: ELC Scholarship Application – FAFSA Status

3. When will the money be awarded by?

• Scholarship award distribution will be administered 2-6 weeks before the start of your Fall and Spring semesters.

1. What is Honors Symposium?

• Honors Symposium is a multi-day professional development experience comprising of a series of workshops and meetings that prepare ELC Scholars to contribute their talents in the workplace effectively. This experience takes place virtually and in person in Washington D.C.

2. Do I have to attend Honors Symposium?

• No, Honors Symposium is a benefit of accepting the ELC Scholarship. You are strongly encouraged to attend for professional development and access to exclusive networking events with corporate sponsors and ELC members.

1. Will I get to network with my scholarship sponsor?

• All Scholars are invited to network with sponsors throughout Honors Symposium.

2. Am I guaranteed an internship and/or employment with my corporate sponsor?

• No, not all scholarships guarantee placement for an internship and/or employment. 

How to Apply

1. Register

Click on the Register button to complete and submit the registration form.

2. Login

Login to the Scholarship system with your email and password.

3. Create

Create your online Application. Review and accept the eligibility requirements.

4. Save

Before the application deadline, your application can be saved as DRAFT until all the required information is completed. As each section is complete, you will see a appear in the category tab when the application is saved. Please ensure that all attachments are in Acrobat PDF format. At any time, you can download and print your application by clicking on the icon in the Application Summary section.

5. Submit

On completion, save your Application as FINAL. Download and print a copy of your application for your records by clicking on the icon in the Application Summary section in the right column. Note: If an update is required prior to the Call for Application close, you can make the update and resave as FINAL.

Contact:
ELC Scholarship Team
scholarships@elcinfo.com