Walmart Scholarship

By | July 5, 2016

walmart scholarship

WalMart Stores Inc., headquartered in Bentonville, Arkansas, is a family owned and operated multinational corporation. Specializing in retail sales, it is the largest revenue making company in the world. With 2.2 million employees, Walmart runs 11,527 stores and clubs in 28 countries under various names. The company was founded in 1962 by Sam Walton. Half a decade later, he had opened 24 more stores in Arkansas. Two years after its incorporation in 1970, Walmart became a publicly traded company on the New Stock Exchange and subsequently expanded across the south and mid-west to include 7,500 employees operating 125 stores. In 2005, with over $312 billion in sales, Walmart began a program of environmental stewardship by committing $500 million to improving their vehicle energy efficiency standards and attending to environmental strategies such as wind turbines, biofuel machinery, and xeriscape gardens. That same year, in the aftermath of Hurricane Katrina, Walmart’s rapid response organization donated $20 million in cash, over 1,300 trucks of clothing with other household and personal merchandise, and food for over 90,000 meals. Today, Walmart continues to give charitably in the amount of $1 billion each year. Part of that charity includes a number of scholarships for Walmart associates and their children.

The Walmart Associate Scholarship is a need-based award available to all Walmart employees, full and part time, who have demonstrated a minimum of active employment for the duration of at least 6 months with the corporation. Applicants must have earned a GED or a high school diploma and must be either a citizen or a permanent legal U.S. resident. The Scholarship is applicable to both undergraduate and graduate degree programs; however, there are specified yearly award amounts for each program ranging from $1,500 for certificate, graduate and associate programs and $3,000 for a bachelor’s program. Each degree carries a maximum gift award of $16,000 but the ability to pursue multiple certificates and additional funding is available. There are four 2016 deadline dates: March 1st, June 2nd, September 1st, and December 1st.

The Walmart Dependent Scholarship applicants must be a dependent of a Walmart Associate who has worked actively for 6 consecutive months or more. Eligibility requirements also state that recipients must be a high school or home-schooled senior with a minimum GPA of 2.0 and who is graduating or receiving a GED between August 1st and July 1st of the term of scholarship application. Students must be a citizen or legal U.S. resident. Individuals are required to register by creating an online account, take an eligibility quiz and complete the application along with demonstrating financial need through submission of the Student Aid Report. Walmart Scholars must prove full-time fall enrollment at a 2 or 4 year accredited college or university. The maximum scholarship award of $13,000 can be used over the 4 years of standard fall and spring enrollments.The application deadline is April 1st. For more information on the Walmart Dependent Scholarship check their website.

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