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Scholarship Friday, scholarships

Scholarship Friday: A Job and a Scholarship

 

There’s been much talk in the news lately about Starbucks offering its employees college tuition. But did you know that there are companies that offer scholarships to their employees? What better incentive for your college-bound teen to get a job than a job and a scholarship!

Here are three companies that offer scholarships to their employees:

job and a scholarshipMcDonald’s

Good old Mickey Dees offers the McDonald’s USA National Employee Scholarship Program. To qualify, you must have been employed at McDonald’s for at least four continuous months for a minimum of 15 hours per week. Each state selects one student-employee from that state to receive a $1,000 scholarship.

Wal-Mart

Who doesn’t love Wal-Mart? The Wal-Mart Associate Scholarship Program is a $2,000 scholarship that is paid over one year. It is offered to Wal-Mart employees who are graduating high school seniors.

Chick-Fil-A

Not only is Chick-Fil-A a great company to work for–they take care of their employees. The Chick-Fil-A Leadership Scholarship Program gives student-employees the opportunity to compete for $1,000 scholarships for college. Employees have to commit to completing high school and move on to an accredited college to qualify. In addition to the application, a letter of recommendation from his or her operating store must also be submitted.

Other company options

While some programs are merit-based and others are need-based, one requirement for receiving an employee scholarship is that (surprise!) you must be employed by that company. Check with your employer to determine whether there is a minimum employment requirement that must be met before applying.

Don’t dismiss your employer just because they’re not a national corporation with a marquee name.

Many small businesses offer scholarships to their workers as well. No matter what the size of your company, ask your supervisor and check your company’s Web site to find out whether there are any scholarship opportunities available. A scholarship for college would be a great supplement to your college-bound teen’s paycheck.