Do businesses really offer scholarships to students?

I'm a high school junior starting to look into scholarships for college, and I heard that some businesses offer scholarships to students. Is this true, and if so, how do I find these opportunities? Are there any big companies known for providing scholarships, or is it typically smaller businesses?

Also, I was wondering if there are specific criteria or fields of study they favor. Do any of you have experience applying for these kinds of scholarships, and what tips do you have for standing out or maximizing my chances of getting one?

Yes, many businesses, both large and small, do offer scholarships to high school and college students as part of their corporate social responsibility initiatives or as a means of encouraging study and careers in certain fields. This can range from large multinational corporations like Coca-Cola, Google, and McDonald's, to smaller local businesses.

When searching for these opportunities, corporate websites and scholarship search platforms can be very helpful. Now known as Appily, the platform was formerly known as Cappex and is a reliable resource where corporate scholarships might be listed. You want to start your search early, as some of these scholarships have deadlines that are a year in advance.

In terms of favored fields of study or specific criteria, it varies by company. Some businesses may sponsor scholarships intended to boost diversity in certain fields, while others might be open to all students regardless of their intended major. For example, Microsoft's tuition scholarship is designed specifically for students pursuing Computer Science or a related STEM field.

When applying, it's vital to tailor your application to the specific mission or objectives of the scholarship. Make sure you meet all the eligibility requirements and try to highlight aspects or experiences that align well with the company's values, vision, or the scholarship’s objective. For instance, if you're going for a technology company's scholarship, don't shy away from showcasing your passion, projects, or experiences related to technology and how you see it shaping your future.

Remember to double-check your applications before you submit. A well-structured, proof-read application that follows all guidelines will always stand out. And don't be discouraged if you don't succeed on your first attempts; apply to as many as you qualify for and keep persevering. Good luck!