They aim to promote regional advancement by providing financial assistance for schooling.
In this article, we will explain everything you need to know about the scholarships programs established by Capital One, a bank holding company in the US.
Let’s go!
Capital One Scholarships 2022
Capital One offers many college scholarships to help you achieve your objective. Let’s take a gander at how to apply for Capital One scholarships in more detail.
Capital One Mascot Challenge Scholarship
Capital One funds the yearly mascot challenge, which offers $20,000 in scholarships and grants to the winner school’s mascot program each year at the time of publishing. These funds might be utilized to help the school’s mascot get a scholarship.
Simply by partaking, schools will get $5,000 toward their mascot programs. All through the football season, supporters designate mascots.
Capital One chooses the most popular 16 university mascots to participate in a fan-favorite contest depending on the number of nominations. The winner is determined by fan votes cast electronically.
Moreover, Capital One supports the annual mascot competition, which offers $20,000 in scholarship money to the winner school’s mascot program each year at the time of publishing. This money might be utilized to help the school’s mascot get a scholarship. Simply by participating, schools will get $5,000 toward their mascot programs.
The following are some of the program’s objectives:
- Financial aid is given to top-performing college sophomores.
- Recruit the greatest and most diversified talent in the country.
- Participate in our annual Summit for Developing Leaders Program to engage future leaders.
- Expose students to the diverse range of job prospects available in the financial services business.
Scholarship Award
Scholarships will be awarded to sophomore contenders in the year in which they apply and are chosen. The educational establishment will be awarded $2,500, and the cash will be transferred to the student in December of the year in which he or she earns the prize.
The money from a scholarship might be used to pay for tuition or instructional materials provided by the school. Scholarships are not transferrable and cannot be postponed.
Capital One Diversity Scholarship Program
Capital One awards scholarships to African-American, Asian, Hispanic, LGBT, and female sophomores at schools where the company recruits. Each of the awardees receives a monetary prize of $2,500.
The scholarship aims to provide financial assistance to high-achieving students while also attracting a diverse pool of applicants. Scholarship recipients are also invited to attend a summit for emerging leaders, where they will learn about career options in the financial services industry.
A 3.4 GPA and a degree in business, science, technology, engineering, economics, or mathematics are required in addition to the diversity requirements.
Capital One Cup Scholarship
The Capital One Cup Challenge honors NCAA Division I athletics teams that have excelled on the field in numerous men’s and women’s sports. Teams are competing for $400,000 in scholarship money under the program at the time of writing.
In 13 men’s and 13 women’s sports, Division I colleges gain points based on their teams’ top-10 results in NCAA Division I championships and final official coaches’ polls during the year.
The Capital One Cup is awarded to the two athletics programs with the most points in both men’s and women’s sports. Participants must be part of NCAA Division I teams in sports like football, volleyball, lacrosse, swimming, and track & field to be eligible.
Every July, the successful teams are presented with a scholarship and a trophy at the ESPY awards.
Capital One Summit for Developing Leaders
The Capital One Summit for Developing Leaders is hosted at the company’s McLean, Virginia headquarters. The Summit allows attendees to network with Capital One employees and other outstanding students from across the country. Capital One will provide scholarship awardees with the opportunity to enter the Summit as a visitor of Capital One.
McLean is a thriving, cosmopolitan city in the Washington, D.C. metropolitan region that offers a wide range of potentials. Students will be invited to join within their exciting corporate environment to learn and challenge themselves.
Students that attend the Summit will be able to:
- Team initiatives provide opportunities to learn.
- Work through some kind of 4 to share with Capital One executives to hone your analytical and problem-solving skills.
- Develop and maintain relationships with Capital One colleagues and peers.
Capital One Foster Care Scholarship
Capital One awards scholarships to children who’ve already spent significant time in foster care in collaboration with the Dave Thomas Foundation and The Children’s Action Network. Students must’ve been adopted at or after the age of 13 to be eligible.
Graduated high school seniors who have improved their grades throughout their matriculation are eligible for the scholarship. Three essays on specific topics, transcripts, and two letters of recommendation are required of all applicants.
Those chosen for the scholarship will earn $5,000 if they attend a community college and $10,000 if they attend a four-year college or university at the time of publishing.
How to apply for capital one scholarship
Send your résumé, application, and a copy of your transcript to campusrecruitingprograms@capitalone.com.
All submissions and supporting materials must be received by October 15, 2022.
No later than November 25, 2022, applicants will be notified of their status by email.
If you have any problems or would like to apply straight from the portal, please send all questions and concerns to campusrecruitingprograms@capitalone.com.
Eligibility for the Capital one Scholarship
- African American, Asian, Hispanic, LGB4T, and female students are eligible for Capital One Diversity Scholarships.
- Capital One Campus Recruiting is currently enrolled as a sophomore at a concentration school.
- With a baseline cumulative grade point average of 3.4, demonstrated extraordinary academic achievement (on a scale of 4.0)
- Taking classes to earn a bachelor’s degree in business, science, technology, engineering, economics, or mathematics
- Candidates must be citizens or legal permanent residents of the United States to apply.
Capital One Scholarships: Key Takeaways
You are not alone if you are the first member of your family to attend college. In reality, you’re among very illustrious companies.
Yet, while you examine schools, majors, and how you’ll pay for it all, you might feel more isolated than ever. Don’t lose hope. A strong and developing network of mentors, organizations, and individuals exists.
Investing in Your Future
Besides SAT scores, paying for college without going into debt is undoubtedly a major issue. The average cost of in-state tuition at a four-year college is $9,410 per year.
Despite this, only 14% of families use a 529 plan to save for college. Approximately half of the undergraduates work upwards of 30 hours per week, and a quarter of students work full-time as a result.
Certainly, it’s noble, but it could be tiresome. As a result, looking into scholarships is likely definitely worth your time and effort.
As you may be aware, the Free Application for Federal Student Aid (FAFSA) is the first step on the road to free money (FAFSA). Once you’ve conquered this one significant hurdle, you’ll be able to apply for a variety of government financial aid packages.
Finding Hidden Gems
Fortunately, business America is also chipping in. Starbucks, for example, pays for an online bachelor’s degree, allowing employees to enroll in virtual classes at Arizona State University.
Working for Chipotle for a year can earn you $5,250 per year to put towards your education. Verizon, AT&T, Disney, Best Buy, Wal-Mart, UPS, and Smucker’s are among the other well-known companies that offer tuition aid. Because the list is constantly changing, a fast Google search for “businesses that pay for college” will help you find the most up-to-date options.
Remember to double-check deadlines because funding is limited.
Keeping an Eye on the Prize
Even when comparing “in-state vs. out-of-state,” there are opportunities to be found. Perhaps you want to study mapping, mining, or taxation.
Students can study specialized disciplines out of state whilst paying in-state tuition through the Academic Common Market. It’s presently only available in 15 states, but it shows how a little additional detective work may pay you big time.
Set your sights on a school that’s a little out of the way? You could want to begin your education in a community college. Many have forged alliances with four-year institutions to streamline the transfer process, laying out everything from the classes you’ll need to attend to the grades you’ll need to get.
You may save a lot of money while still getting your ideal school certificate. Organizations like American Honors, which manages a transfer network of more than 65 elite schools and universities, can also help international students.
Making Your Own Path
There’s no denying that succeeding as a first-generation college student involves a great deal of hard work, inventiveness, and grit––qualities that will serve you effectively in a variety of situations.
You could even utilize your school years to start saving. Open a savings account to put money aside for special events. A simple monthly budget might help you gain assurance in your ability to manage money and achieve new goals.
Notwithstanding academics and the scholarships that help pay for the trip, the college experience can be a fantastic opportunity for personal development. You may discover that the investment delivers much more to your life than the certificate as you experience new hobbies and uncover your gifts and skills.