PURPOSE
The National Business Association (NBA) Scholarship Program was established to
achieve a number of highly desirable objectives. First, it is viewed as a major
benefit for being a member of the NBA. Second, it recognizes and aides deserving
students who are eligible for the awards based on their parents' membership in
the NBA. Third, the awards assist the winners and their parents with college expenses.
The
philosophy of the NBA Scholarship Program differs from traditional scholarship
programs that reward outstanding academic achievement. NBA Scholarships are awarded
to deserving students whose academic credentials fall within an average to above-average
range. In general, average and above-average credentials are, for high school
seniors, those that rank in the top third of the senior class but not in the top
10 percent. Standardized test scores should range, for the ACT Composite, from
18 to 26, or for the SAT, combined Verbal and Math scores should range from 850
to 1190. Students enrolled in college should present college GPAs that range from
2.50 to 3.50 on a 4.00 scale in addition to the proper high school credentials.
ELIGIBILITY
Those eligible to apply for the NBA scholarships are high school seniors,
college freshmen, sophomores and juniors who are dependent sons and daughters
of NBA dues-paying Members.
* NOTE: The parents of the applicants
must still be NBA Members at the time the winners are selected in April.
SCHOLARSHIP
AWARDS
Up to five (5) $1,500 scholarships will be awarded each year. These
are one-year awards and are not based on financial need. There is a new competition
for these awards each year. Winning one year does not guarantee a recipient will
win the following year.
The scholarship will be applied
to educational expenses at accredited, non-profit colleges, universities or vocational/technical
schools in the United States. A student may transfer colleges and retain the award.
APPLICATION
PROCEDURE
Prior to February 1 of each year, the NBA will announce the
beginning of the scholarship competition. Application packets containing the application
form and all the necessary information about the scholarship program and the application
procedure are distributed to those who request them. To request an application
packet, call the NBA at 1-800-456-0440, or to request your application packet
through this website, click
here.
* The NBA Scholarship Program is now available
to download and print from your computer!
Download
NBA
Scholarship Program
Adobe Acrobat Reader Required
Get
Adobe Acrobat Reader
SELECTION
OF WINNERS
An independent selection committee made up of educators will
select the winners during the month of April. In selecting the winners, the committe
evaluates the applicants' academic records, test scores, extracurricular activities
and recommendations. The committee will not discriminate on the basis of sex,
race, religion or natural origin. Applications are ranked largely on the basis
of qualifications described above. All applicants will be notified of the results
of the competition by May 15.
RESPONSIBILITY OF RECIPIENTS
Scholarship recipients must enroll as full-time students in the fall of the year
in which the scholarships are awarded and continue in the school for the entire
academic year without interruption barring illness, emergency or military service.
Scholarship
recipients are responsible for making certain that their scholarship checks are
delivered to their colleges and universities.
PAYMENT
OF SCHOLARSHIP FUNDS
Scholarship payments are made in the following way:
On or about August 1, scholarship recipients are sent checks for the fall academic
term. Checks are made payable to the colleges. For colleges on the semester system,
the checks are for one half of the award. For colleges on the quarter system,
the checks are for one third of the award.
The second and
third checks for colleges on the quarter system are sent on or about November
1 and February 1. For those on the semester system, the second checks are mailed
on or about December 1.
PROGRAM ADMINISTRATION
To assure impartiality in the selection of the winners, and to maintain a high
level of professionalism in dealing with students, parents, high schools, and
colleges, the NBA Scholarship Program is administered by Scholarship Program Administrators,
Inc., a firm that specializes in the administration of sponsored scholarship programs.
Scholarship
Program