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 Program is to build a pipeline of Black corporate talent by supporting the academic achievement and development of Black undergraduate students.
The ELC offers fourteen undergraduate scholarships under its program which are open to high-achieving Black undergraduate students attending a four-year college or university. Scholarships are awarded to students who demonstrate academic excellence, leadership skills, and a commitment to community service. In addition to receiving a scholarship award, selected recipients are invited to participate in The ELC’s Honors Symposium, a multi-day professional development experience offering exclusive career development and networking opportunities.
Each scholarship program has unique eligibility requirements that candidates must meet for consideration.
- Scholarship eligibility requirements vary.
- Some scholarships are open to high-achieving Black undergraduate students attending a Historically Black College or University (HBCU).
- Other scholarships are open to high-achieving Black undergraduate students attending any accredited four-year college or university.
- Students who are currently enrolled in a community college or junior college and have been accepted to a four-year college or university (majority institution or HBCU) are eligible to apply.
To view ELC’s undergraduate scholarships and criteria for consideration, please download our
2021 ELC Scholarship Program Overview [
download document here].
Things to Consider Before Getting Started
Submission Requirements Criteria: Applicants must meet the criteria and eligibility requirements outlined for each scholarship of interest.
Essay: Applicants must submit well-written responses to all essay components for the
Common App Essay Questions (8) and
Corporate Essay Questions (2) as outlined per scholarship. (Note- Corporate Essay Questions may differ for 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.
Affidavit: Applicants must agree to the terms of the electronic affidavit.
Recommendation Form: Applicants will submit the name and contact information for a professor, faculty, OR staff member to complete a short electronic recommendation form.
Professional Resume: Applicants must submit a professional resume that demonstrates campus and/or community involvement and/or leadership.
Number of Submissions: Applicants may apply to no more than
three (3) 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 virtual ELC Honors Symposium experience, which is a professional development opportunity designed for our scholarship recipients. The Symposium will be held weekly for one hour each Wednesday from September 8 through October 20, 2021. Students studying abroad during the time of the symposium are ineligible to receive a scholarship from The Executive Leadership Council.
Applicants are ineligible if applicants fall into any of the following categories:
- Applicant is classified as entering first year college Freshman during the award year.
- Applicant has previously received an ELC undergraduate scholarship.
- Applicant will be studying abroad during the fall semester of the award year.
- Applicant is an ELC member dependent.
- Non-citizens including permanent residents are ineligible even if they anticipate naturalization by the launch of the ELC Scholarship Program.
- Applicants who duplicate the work of an essay that has been previously submitted for consideration.
Applicants must complete and submit all application requirements by March 31, 2021 no later than 11:59 p.m. EDT. Selected Scholars will be notified no later than June 1, 2021.
Alvaro L. Martins Scholarship Ann Fudge Scholarship Award for Excellence in Business Commentary Scholarship Bristol Myers Squibb HBCU Scholarship Brunswick Corporation Undergraduate Scholarship and Leadership Development Program Chevron Executive Leadership Council Scholarship Hewlett Packard Enterprise Scholarship HSBC Scholarship Johnson & Johnson Scholarship and Career Development Program Linde Engineers of Tomorrow Scholarship Moody’s Ray McDaniel Scholarship Nationwide Future Leaders Scholarship Raytheon Technologies Scholarship
Alvaro L. Martins Scholarship
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The Alvaro L. Martins scholarship was created in honor of The Executive Leadership Council’s first President and CEO and founding member, and alumnus of Howard University. The Alvaro L. Martins scholarship is open to high-achieving undergraduate Black male students attending one of the nation’s Historically Black Colleges and Universities (HBCUs). Ten (10) scholarship awardees will receive a one-time scholarship in the amount of $12,000 to assist with educational expenses for the 2021-2022 academic year. The scholarship will be paid directly to the awardees’ college/university and will be disbursed in equal amounts for the awardees’ fall and spring semesters (i.e., $6,000 per semester).
Ann Fudge Scholarship
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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 Historically Black Colleges and Universities (HBCUs). Ten (10) scholarship awardees will receive a one-time scholarship in the amount of $12,000 to assist with educational expenses for the 2021-2022 academic year. The scholarship will be paid directly to the awardees’ college/university and will be disbursed in equal amounts for the awardees’ fall and spring semesters (i.e., $6,000 per semester).
Award for Excellence in Business Commentary Scholarship
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Sponsored by The Coca-Cola Foundation, this scholarship is awarded to high-achieving undergraduate Black students attending a four-year college or university. Ten (10) scholarship awardees will receive a one-time scholarship in the amount of $10,000 to assist with educational expenses for the 2021-2022 academic year. The scholarship will be paid directly to the awardees’ college/university and will be disbursed in equal amounts for the awardees’ fall and spring semesters (i.e., $5,000 per semester).
Bristol Myers Squibb HBCU Scholarship
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Sponsored by Bristol Myers Squibb, this scholarship is awarded 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 to assist with educational expenses for the 2021-2022 academic year. The scholarship will be paid directly to the awardees’ college/university and will be disbursed in equal amounts for the awardees’ fall and spring semesters (i.e., $5,000 per semester).
Brunswick Corporation Undergraduate Scholarship and Leadership Development Program
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Sponsored by Brunswick Corporation, this scholarship is awarded to high achieving Black students attending Chicago State University, DePaul University, Illinois Institute of Technology, Lake Forest College or Loyola University Chicago who demonstrate academic excellence, leadership, a commitment to community involvement and are pursuing a degree in a STEM or marketing field. This scholarship opportunity is open to rising juniors currently classified as sophomores at the time of their application submission.
Two (2) scholarship awardees will receive a two-year scholarship in the amount of $12,000 to assist with educational expenses for two academic years. The scholarship will be paid directly to the awardees’ college/university and will be disbursed in equal amounts for the awardees’ fall and spring semesters (i.e., $6,000 per semester).
Selected scholarship recipients will also receive the opportunity to intern with Brunswick Corporation at Brunswick’s headquarters office in the Chicago metropolitan area during the summer of the students’ rising junior year and/or summer of the student’s rising senior year. Scholars will be required to resubmit their transcripts and meet the 3.0 GPA criteria at the end of the 2022 academic year. If a Scholar’s GPA does not meet the criteria, the Scholar will forfeit the scholarship award in 2022-2023.
Chevron Executive Leadership Council Scholarship
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Sponsored by Chevron, this scholarship is awarded to high-achieving Black students enrolled in an accredited four-year college or university pursuing a degree in a STEM and business field of study. This scholarship opportunity is open to rising sophomores currently classified as freshmen at the time of their application submission. Five (5) scholarship awardees will receive a three-year, need-based scholarship in the amount of $20,000 to assist with educational expenses for three academic years. The scholarship will be paid directly to the awardees’ college/university and will be disbursed in equal amounts for the awardees’ fall and spring semesters (i.e., $10,000 per semester). Scholars will be required to resubmit their transcripts and meet the 3.0 GPA criteria at the end of the 2022 and 2023 academic years. If a Scholar’s GPA does not meet the criteria, the Scholar will forfeit the scholarship award in 2022-2023 and 2023-2024.
Hewlett Packard Enterprise Scholarship
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Sponsored by HPE, this scholarship is awarded to high-achieving Black students enrolled in an accredited four-year college or university who demonstrate academic excellence, leadership, a commitment to community involvement and are pursuing a degree in a STEM and business field of study. This scholarship opportunity is open to rising juniors currently classified as sophomores at the time of their application submission. Ten (10) scholarship awardees will receive a one-time, need-based scholarship in the amount of $7,000 to assist with educational expenses for the 2021 – 2022 academic year. The scholarship will be paid directly to the awardees’ college/university and will be disbursed in equal amounts for the awardees’ fall and spring semesters (i.e., $3,500 per semester).
HSBC Scholarship
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Sponsored by HSBC Bank, this scholarship is awarded to high-achieving Black students enrolled in an accredited four-year college or university who demonstrate academic excellence, leadership, a commitment to community involvement and are pursuing a degree in STEM or finance fields of study. This scholarship opportunity is open to rising sophomores and juniors currently classified as freshmen and sophomores at the time of their application submission.
Eight (8) scholarship awardees will receive a one-time, need-based scholarship in the amount of $17,500 to assist with educational expenses for the 2021 – 2022 academic year. The scholarship will be paid directly to the awardees’ college/university and will be disbursed in equal amounts for the awardees’ fall and spring semesters (i.e., $8,750 per semester).
Johnson & Johnson Scholarship and Career Development Program
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Sponsored by Johnson & Johnson, this program provides scholarship awards to high-achieving Black students enrolled full-time in an accredited four-year college or university pursuing a degree in a STEM, business, or a health-related field of study. This scholarship opportunity is open to rising juniors currently classified as sophomores at the time of their application submission. Ten (10) scholarship awardees will receive a two-year, need-based scholarship in the amount of $8,000 to assist with educational expenses for the 2021-2022 and 2022-2023 academic years. The scholarship will be paid directly to the awardees’ college/university and will be disbursed in equal amounts for the awardees’ fall and spring semesters (i.e., $4,000 per semester). Scholars will be required to resubmit their transcripts and meet the 3.0 GPA criteria at the end of the 2022 academic year. If a Scholar’s GPA does not meet the criteria, the Scholar will forfeit the scholarship award in 2022-2023.
Linde Engineers of Tomorrow Scholarship
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Sponsored by Linde, this scholarship is awarded to high achieving undergraduate Black students currently attending a four-year college or university and pursuing a mechanical or chemical engineering degree. Three scholarship awardees will receive a one-time, need-based scholarship in the amount of $12,000 to assist with educational expenses for the 2021-2022 academic year. The scholarship will be paid directly to the awardees’ college/university and will be disbursed in equal amounts for the awardees’ fall and spring semesters (i.e., $6,000 per semester).
Moody’s Ray McDaniel Scholarship
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Sponsored by Moody’s, this scholarship is awarded to high-achieving Black students attending a four-year college or university. This scholarship opportunity is open to rising sophomores currently classified as freshmen at the time of their application submission. Twelve (12) scholarship awardees will receive a three-year, need-based scholarship in the amount of $10,000 per year to assist with educational expenses for three academic years. The scholarship will be paid directly to the awardees’ college/university and will be disbursed in equal amounts for the awardees’ fall and spring semesters (i.e., $5,000 per semester). Scholars will be required to resubmit their transcripts and meet the 3.0 GPA criteria at the end of the 2022 and 2023 academic years. If a Scholar’s GPA does not meet the criteria, the Scholar will forfeit the scholarship award in 2022-2023 and 2023-2024.
Nationwide Future Leaders Scholarship
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Sponsored by Nationwide, this scholarship is awarded to high-achieving Black students attending a four-year college or university pursuing degrees in risk management and insurance, data analytics, insurance, finance, accounting, IT/Technology, Actuarial Science, HR/Organizational Development, Cybersecurity, Computer Information Systems or related fields to the aforementioned areas. This scholarship opportunity is open to rising juniors currently classified as sophomores at the time of their application submission. Ten (10) scholarship awardees will receive a two-year, need-based scholarship in the amount of $12,000 to assist with educational expenses for the 2021-2022 and 2022-2023 academic years. The scholarship will be paid directly to the awardees’ college/university and will be disbursed in equal amounts for the awardees’ fall and spring semesters (i.e., $6,000 per semester). Scholars will be required to resubmit their transcripts and meet the 3.5 GPA criteria at the end of the 2022 academic year. If a Scholar’s GPA does not meet the criteria, the Scholar will forfeit the scholarship award in 2022-2023.
Raytheon Technologies Scholarship
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Sponsored by Raytheon Technologies Corporation, this scholarship is awarded to high-achieving Black students attending Howard University, North Carolina Agricultural and Technical University, Prairie View A&M University or Tuskegee University who demonstrate academic excellence, leadership, a commitment to community involvement and are pursuing a degree in STEM, Business, or a related field. This scholarship opportunity is open to rising juniors and seniors currently classified as sophomores or juniors at the time of their application submission. Eight (8) scholarship awardees will receive a one-time scholarship in the amount of $10,000 to assist with educational expenses for the 2021-2022 academic year. The scholarship will be paid directly to the awardees’ college/university and will be disbursed in equal amounts for the awardees’ fall and spring semesters (i.e., $5,000 per semester).
In addition to receiving a scholarship award, all scholarship recipients are awarded the opportunity to attend ELC’s Honors Symposium. The Symposium introduces ELC’s scholarship recipients to a wide range of business-related careers and industries to increase their knowledge of opportunities for Black business leaders and further develop their leadership skills. Our goal is to help fill the pipeline of Black corporate executives from the classroom to the boardroom. 
