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ELC Scholarships

The Executive Leadership Council
1301 K Street, NW, Suite 210 West
Washington, DC 20005
Email: scholarships@elcinfo.com

Executive Leadership Council

The Executive Leadership Council

The Executive Leadership Council (ELC) is the preeminent membership organization committed to increasing the number of global Black executives in C-Suites, on corporate boards and in global enterprises. The ELC opens channels of opportunity for the development of Black executives to positively impact business and our communities.

Overview

The mission of The ELC’s Scholarship Programs is to build a pipeline of Black corporate talent by supporting the academic achievement and development of Black undergraduate and graduate students.

Undergraduate Scholarship Program

The ELC offers seven undergraduate scholarship programs:
  • Three are designed for students pursuing business degrees
  • One is designed for students currently enrolled in a mechanical or chemical engineering program
  • One is designed for students pursuing degrees in business, insurance and risk management, or a related field
  • Two are designed for students pursuing degrees in STEM, Business Management or a related field

Scholarships are awarded to students who demonstrate academic excellence, leadership skills, and a commitment to community service. In addition to receiving a scholarship award, the students are invited to participate in The ELC’s Honors Symposium.

2020 ELC Fact Sheet

Click here to view and download the 2020 ELC Undergraduate Scholarship Programs fact sheet.

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Undergraduate Programs

Applicants must complete and submit all application requirements by March 20, 2020 at 11:59pm EST.
Successful applications will be notified by May 31, 2020

CLICK ON EACH SCHOLARSHIP PROGRAM TO VIEW THE REQUIREMENTS TO APPLY

Alvaro L. Martins Scholarship Program

Created in honor of The ELC’s founding member, the first president and CEO of The Council and an alumnus of Howard University, the Alvaro L. Martins scholarship is open to high achieving undergraduate black male students attending one of the nation’s top Historically Black Colleges and Universities (HBCUs). A total of ten (10) scholarships are available. The top ten (10) scholarship awardees will receive a one-time scholarship in the amount of $12,000 each to assist with educational expenses for the 2020-2021 academic year. The scholarship will be disbursed in the fall and spring semesters at $6,000 per semester.

Essay Topic:

As a founding member of The ELC, Alvaro L. Martins and other black executives banded together to create a community for black business leaders. These trailblazers sought to create a safe space that allowed for the sharing of best business practices and ideas while serving as a collective body to address issues plaguing the development and sustainability of the black business community and educational system. They demonstrated what can happen when purpose and passion collide. The results of their efforts are still evident today, 30 years later, through the many initiatives of The ELC.

Questions:

  1. What leadership qualities do you believe Alvaro L. Martins and the other black executives possessed in order to be successful in corporate America?
  2. What three (3) qualities do you possess as a rising business leader and how will you use those qualities to influence business decisions and make an impact in the business world and in our community?
  3. Upon graduation, what are your professional goals and aspirations. Will you follow the corporate track, or do you have an entrepreneurial spirit? How will you continue to reach back by serving and supporting your community?
  4. As you prepare for the future, how has your passion and/or purpose influenced the career path you have chosen to pursue? What steps are you taking to fulfill that dream?

Essay Requirements:

Applicants are required to respond to each question. Each response must be a minimum of 500 words, single-space.

Video Requirement:

Each applicant must submit a 3 - 5 minute video answering the following questions:

  1. What differentiates you from the other applicants and how have your experiences shaped you as an individual?
  2. What is your vision and strategy for becoming a future black business leader?

GPA Requirement: 2.8

Ann Fudge Scholarship Program

Named after the first woman chair of The Council and former chairman and CEO of Young & Rubicam Brands, the Ann Fudge Scholarship is open to high achieving undergraduate black female students attending one of the nation’s top Historically Black Colleges and Universities (HBCUs). A total of ten (10) scholarships are available. The top ten (10) scholarship awardees will receive a one-time scholarship in the amount of $12,000 each to assist with educational expenses for the 2020-2021 academic year. The scholarship will be disbursed in the fall and spring semesters at $6,000 per semester.

Essay Topic:

As an aspiring black woman business leader, it is important to understand the following statistics related to financial well-being:

  • Black women working full-time earn $0.61 for every dollar earned by white men (Source: Institute for Women’s Policy Research)
  • The net worth of black households in the U.S. is less than 15% of that of white households (Source: Federal Reserve Board) Net worth is calculated wealth by adding up total assets (e.g., cash, retirement accounts, home, etc.) then subtracting liabilities (e.g., credit card debt, student loans, mortgage, etc.)
  • In 2016, the average household wealth for black families in the U.S. was $138,200. Nearly one in five black families has zero or negative net worth (having debts that exceed assets) (Source: Federal Reserve Board)

Questions:

  1. What factors and trends do you think have contributed to the earning and wealth gap for black women?
  2. As you enter the workforce over the next several years and begin to have significant earnings and income, what action(s) can you take to improve your financial knowledge and well-being both in the short and long term?
  3. What are your immediate goals around savings and investments?
  4. What information would be helpful to share with your peers to increase their financial literacy?

Essay Requirements:

Applicants are required to respond to each question. Each response must be a minimum of 500 words, single-space.

Video Requirement:

Each applicant must submit a 3 - 5 minute YouTube video answering the following questions:

  1. What differentiates you from the other applicants and how have your experiences shaped you as an individual?
  2. What is your vision and strategy for becoming a future black business leader?

GPA Requirement: 2.8

Award for Excellence in Business Commentary Scholarship Program

Award for Excellence in Business Commentary Scholarship Program

Sponsored by The Coca-Cola Foundation, this scholarship program is open to high achieving undergraduate black students attending a four-year college or university. Ten (10) scholarship awardees will receive a one-time scholarship ranging between $7,000 - $14,000 to assist with educational expenses for the 2020-2021 academic year. Scholarship awards that exceed $10,000 will be disbursed in the fall and spring semesters.

Essay Topic:

The ELC invests and assists in the development of the next generation of black business leaders.To bridge the recruitment gap between our corporate partners and top diverse talent, what do you believe attracts the best candidates to potential employers?

Questions:

  1. When identifying potential employers, please describe the key business principles that are most important in your selection process.
  2. What are the factors that are critical to your decision-making process?
  3. How can potential employers attract and retain top performing talent, specifically black talent and does race matter in talent retention? (i.e. the organization’s reputation, development opportunities within a company, the product or service the company provides, etc.)
  4. What types of positions would you be interested in post-graduation and why? Does the geographic location of an opportunity matter (domestic and international) at the beginning stages of your career?

Essay Requirements:

Applicants are required to respond to each question. Each response must be a minimum of 500 words, single-space.

Video Requirement:

Each applicant must submit a 3 - 5 minute video answering the following questions:

  • What differentiates you from the other applicants and how have your experiences shaped you as an individual?
  • What is your vision and strategy for becoming a future black business leader?

GPA Requirement: 2.8

Linde Engineers of Tomorrow Scholarship Program

Award for Excellence in Business Commentary Scholarship Program

Sponsored by Linde, this scholarship was established to provide opportunities for high-performing, minority college students pursuing careers in engineering. The Linde Engineers of Tomorrow Scholarship is open to high achieving undergraduate black students currently attending a four-year college or university and pursuing a mechanical or chemical engineering degree. Three (3) scholarship awardees will receive a one-time, need-based scholarship in the amount of $12,000 each to assist with educational expenses for the 2020-2021 academic year. The scholarship will be disbursed in the fall and spring semesters at $6,000 per semester.

Questions:

  • What challenges have you overcome in achieving your undergraduate education?
  • Who or what influenced you to pursue a career in the engineering field? Whom do you consider a trailblazer in the engineering industry? Please explain.
  • Please identify a woman in the STEM industry who you consider to be a trailblazer. Why did you choose her?
  • Briefly describe your short and long-term goals (academic and career goals). How do you plan to achieve them?
  • Please describe the types of leadership roles you have held. How do you intend to be a leader in your community?

Essay Requirements:

Applicants are required to respond to each question. Each response must be a minimum of 800 words, single-space.

Video Requirement:

Each applicant must submit a 3 - 5 minute YouTube video answering the following questions:

  • What differentiates you from the other applicants and how have your experiences shaped you as an individual?
  • What is your vision and strategy for becoming a future black business leader?

GPA Requirement: 3.0

Nationwide’s Future Leaders Scholarship Program

Nationwide’s Future Leaders Scholarship Program

Sponsored by Nationwide, this scholarship program will provide scholarship awards to high achieving black students who are pursuing degrees in business, insurance and risk management, or a related field. Ten (10) scholarship awardees will receive a one-time, need-based scholarship in the amount of $12,000 each to assist with educational expenses for the 2020 – 2021 academic year. The scholarship will be disbursed in the fall and spring semesters at $6,000 per semester.

Essay Topic:

As one of America’s most diversified financial services companies, we’re trusted advisors to our members — offering a breadth of solutions like home and auto insurance, life insurance, retirement savings tools and more. And how do we accomplish it all? By hiring and retaining associates who are as driven and caring as you. We’re a leader in the insurance industry because we’re a company where you can do meaningful work every day and where the effort you put in is acknowledged and rewarded. Join us and be something great.

Questions:

  • What factors influence you when deciding on a profession/career after college?
  • What does Nationwide currently offer that makes the company attractive to you as a potential employer?
  • What suggestions can you provide to improve Nationwide’s brand, social presence, community engagement and user experience to ensure an optimal candidate experience for millennials/Generation Z?
  • Please share your perspective on the importance of diverse collaboration and its impact on product innovation?

Essay Requirements:

Applicants are required to respond to each question. Each response must be a minimum of 800 words, single-space.

Video Requirement:

Each applicant must submit a 3 - 5 minute YouTube video answering the following questions:

  • What differentiates you from the other applicants and how have your experiences shaped you as an individual?
  • What is your vision and strategy for becoming a future black business leader?

GPA Requirement: 3.5

Bristol-Myers Squibb Scholarship Program

Award for Excellence in Business Commentary Scholarship Program

Sponsored by Bristol-Myers Squibb, this scholarship provides scholarship awards to high achieving black students who demonstrate academic excellence, leadership, a commitment to innovation and are pursuing a degree in in Business or STEM at a Historically Black College or University (HBCU). Ten (10) scholarship awardees will receive a one-time, scholarship in the amount of $10,000 each to assist with educational expenses for the 2020-2021 academic year. The scholarship will be disbursed in the fall and spring semesters at $5,000 per semester.

Company Statement:

At Bristol-Myers Squibb, we work every day to transform patients’ lives through science. We combine the agility of a biotech with the reach and resources of an established pharmaceutical company to create a global leading biopharma company powered by talented individuals who drive scientific innovation. Our employees around the world work together for patients – patients are at the center of everything we do. They inspire us. They are the reason we come to work each day.

Your diverse experiences and perspectives can help to bring out our best ideas, drive innovation and achieve transformative business results.

Questions:

  • BMS’s mission is centered around passion, innovation, urgency, accountability, inclusion and integrity. Please share your 5 core values and explain their importance in your life
  • Share 3-5 recruitment tactics that Bristol Myers-Squibb can use when recruiting on HBCU campuses
  • Please share your perspective on the importance of diversity and inclusion and the impact on health inequities
  • How can organizations encourage more women and minorities to pursue a degree/career in STEM. What recommendations would you present to address the uneven demographics?

Essay Requirements:

Applicants are required to respond to each question. Each response must be a minimum of 800 words, single-space.

Video Requirement:

Each applicant must submit a 3 - 5 minute YouTube video answering the following questions:

  • What differentiates you from the other applicants and how have your experiences shaped you as an individual?
  • What is your vision and strategy for becoming a future black business leader?

GPA Requirement: 3.2

United Technologies Scholarship Program

Award for Excellence in Business Commentary Scholarship Program

Sponsored by United Technologies Corporation, this scholarship program will provide scholarship awards to high achieving black students attending Carnegie Mellon University, Georgia Institute of Technology, Howard University, North Carolina Agricultural and Technical University or Penn State University who demonstrate academic excellence, leadership, a commitment to community involvement and are pursuing a degree in a STEM, Business Management, or a related field. Five (5) scholarship awardees will receive a one-time scholarship in the amount of $8,000 each to assist with educational expenses for the 2020-2021 academic year.

Company Statement:

United Technologies is a leader in aerospace. Our large investments in technology enable us to develop new and improved ways to keep people safe, comfortable, productive and on the move. By combining a passion for science with precision engineering, we create smart, sustainable solutions. We are a global technology company founded by some of the world’s greatest inventors and committed to tackling some of society’s biggest challenges. We are a great company with a great future, but we’re only as good as our people. We recognize that companies don’t innovate, people do. We recognize the value in bringing new people together and elevating their ideas. We rely on our employees to find new solutions, stay ahead of the competition, and disrupt traditional ways of thinking and we seek individuals with the skills to get the job done – and aspirations to learn, grow and be challenged.

Questions:

  • What two or three things are most important for us to know about you as we review your application?
  • What contributions have you made to your collegiate community to-date?
  • What factors influence you when deciding on a profession/career after college?
  • What two or three recommendations can you provide to build United Technologies’ employment brand, social presence, and community engagement to ensure an optimal candidate experience for the next generation of leaders?
  • What else would like us to know about your application?

Essay Requirements:

Applicants are required to respond to each question. Each response must be a minimum of 500 words, single-space.

Video Requirement:

Each applicant must submit a 3 - 5 minute YouTube video answering the following questions:

  • What differentiates you from the other applicants and how have your experiences shaped you as an individual?
  • What is your vision and strategy for becoming a future black business leader?

GPA Requirement: 3.0

The Honors Symposium

Honors Symposium

The Honors Symposium introduces The ELC's scholarship recipients to a wide range of business-related careers and industries to increase the number of future black business leaders. Our goal is to help fill the pipeline of black corporate executives from the classroom to the boardroom.

The Symposium is a four-day professional development experience comprising a series of events and meetings that connect and expose The ELC’s scholarship recipients to leading corporate executives and hiring managers from major global corporations. During this experience, the scholarship recipients participate in career development opportunities and enriching social activities.

The scholars also attend The ELC’s Annual Recognition Gala where they are recognized on stage before an audience of more than 2,000 corporate, education, civic and community leaders.

2019 Photo Gallery

Eligibility Requirements

Applicants must complete and submit all application requirements by March 20, 2020 at 11:59pm EST.
Successful applicants will be notified by May 31, 2020

Applicants must meet the following criteria to be eligible for an ELC undergraduate scholarship:

Alvaro L. Martins Scholarship Program

  • Applicants must be a U.S. citizen at time of application
  • The applicant’s classification status for Fall 2020 must be sophomore, junior or senior
  • Applicants must have a minimum cumulative 2.8 GPA
  • Must be pursuing a degree in business and currently enrolled at an Historically Black College or University
  • Scholarship recipients are required to attend the all-expenses paid ELC Honors Symposium experience, to be held on October 12-16, 2020 in Washington, DC. Students who are studying abroad during this time are ineligible.

Ann Fudge Scholarship Program

  • Applicants must be a U.S. citizen at time of application
  • The applicant’s classification status for Fall 2020 must be sophomore, junior or senior
  • Applicants must have a minimum cumulative 2.8 GPA
  • Must be pursuing a degree in business and currently enrolled at an Historically Black College or University
  • Scholarship recipients are required to attend the all-expenses paid ELC Honors Symposium experience, to be held on October 13-16, 2020 in Washington, DC. Students who are studying abroad during this time are ineligible.

Award for Excellence in Business Commentary

  • Applicants must be a U.S. citizen at time of application
  • The applicant’s classification status for Fall 2020 must be sophomore, junior or senior
  • Applicants must have a minimum cumulative 2.8 GPA
  • Must be pursuing a degree in business and currently enrolled at an Historically Black College or University
  • Scholarship recipients are required to attend the all-expenses paid ELC Honors Symposium experience, to be held on October 13-16, 2020 in Washington, DC. Students who are studying abroad during this time are ineligible.

Nationwide Future Leaders Scholarship Program

  • Applicants must be a U.S. citizen at time of application
  • The applicant’s classification status for Fall 2020 must be sophomore, junior or senior
  • Applicants must have a minimum cumulative 3.5 GPA
  • Must be pursuing a degree in business and currently enrolled at an Historically Black College or University
  • Scholarship recipients are required to attend the all-expenses paid ELC Honors Symposium experience, to be held on October 13-16, 2020 in Washington, DC. Students who are studying abroad during this time are ineligible.

Nationwide Future Leaders Scholarship Program

  • Applicants must be a U.S. citizen at time of application
  • The applicant’s classification status for Fall 2020 must be sophomore, junior or senior
  • Applicants must have a minimum cumulative 3.5 GPA
  • Must be pursuing a degree in business and currently enrolled at an Historically Black College or University
  • Scholarship recipients are required to attend the all-expenses paid ELC Honors Symposium experience, to be held on October 13-16, 2020 in Washington, DC. Students who are studying abroad during this time are ineligible.

Linde Engineers of Tomorrow Scholarship Program

  • Applicants must be a U.S. citizen at time of application
  • The applicant’s classification status for Fall 2020 must be sophomore, junior or senior
  • Applicants must have a minimum cumulative 3.0 GPA
  • Applicants applying to the Linde Engineers of Tomorrow Scholarship Program must be pursuing a mechanical or chemical engineering degree at an accredited four-year college or university
  • Scholarship recipients are required to attend the all-expenses paid ELC Honors Symposium experience, to be held on October 13-16, 2020 in Washington, DC. Students who are studying abroad during this time are ineligible.

Bristol-Myers Squibb Scholarship Program

  • Applicants must be a U.S. citizen at time of application
  • The applicant’s classification status for Fall 2020 must be sophomore, junior or senior
  • Applicants must have a minimum cumulative 3.2 GPA
  • Must be pursuing a degree in Business or STEM and currently enrolled at an Historically Black College or University
  • The top 1-3 applicant (s) may be invited to present their essay at the Bristol-Myers Squibb headquarters in 2020
  • Scholarship recipients are required to attend the all-expenses paid ELC Honors Symposium experience, to be held on October 13-16, 2020 in Washington, DC. Students who are studying abroad during this time are ineligible.

United Technologies Scholarship Program

  • Applicants must be a U.S. citizen at time of application
  • The applicant’s classification status for Fall 2020 must be sophomore, junior or senior
  • Applicants must have a minimum cumulative 3.0 GPA
  • Open to high-achieving undergraduate black students attending Carnegie Mellon University, Georgia Institute of Technology, Howard University, North Carolina Agricultural and Technical University, or Penn State University (exclusively)
  • Must be pursuing a degree in STEM, Business Management, or a related field. Applicants majoring in engineering, finance or computer science will be highly considered
  • Scholarship recipients are required to attend the all-expenses paid ELC Honors Symposium experience, to be held on October 13-16, 2020 in Washington, DC. Students who are studying abroad during this time are ineligible.

Applicants are ineligible if they fall into any of the following categories mentioned below:

  • Applicants classified as Freshman
  • Applicants who have previously received an ELC undergraduate scholarship
  • Applicants who are studying abroad and will be abroad from October 12-16, 2020
  • ELC member dependents
  • Non-citizens including permanent residents are ineligible even if they anticipate naturalization by the launch of the ELC Scholarship Program
  • Applicants who intentionally or unintentionally duplicate the work of an essay that has been previously submitted for consideration

Submission Requirements

  • Criteria: Applicants must meet the criteria described in the scholarship description and eligibility requirements
  • Essay: Applicants must submit a well-written and supported essay on the scholarship’s specified essay topic (topics vary for each scholarship) Note: Essays lengths vary by scholarship category
  • Video Submission: Applicants must submit a 3 - 5-minute YouTube video answering the mandatory questions listed under each scholarship program
  • Unofficial Academic Transcript: Applicants must submit an unofficial academic transcript reflecting current standing with their college/university, enrollment status and field of study
  • Applicants must agree to the terms of the electronic affidavit
  • Letter of Recommendation: Applicants must submit one letter of recommendation from a professor, faculty or staff member that addresses the student’s character, academic excellence and community/campus leadership
  • Professional Resume: Applicants must submit a professional resume that demonstrates campus and/or community involvement/leadership
  • Number of Applications: Applicants may apply to multiple scholarships, if eligible. However, an applicant will only be awarded one scholarship per calendar year and will be ineligible to receive future scholarships from the organization
  • Honors Symposium Participation: Scholarship recipients are required to attend the all-expenses paid ELC Honors Symposium experience, which is a professional development opportunity curated for our scholarship recipients. The Symposium will be held October 13-16, 2020 in Washington, DC. Students studying abroad during this time are not eligible to receive a scholarship from The Executive Leadership Council

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