by Visa Inc. in partnership with Thurgood Marshall College Fund (TMCF) · Any accredited four-year college or university in the United States
🕐 Last updated: June 18, 2026
🏆 Fully Funded🔴 Check official website for current cycle status🎓 Undergraduate (Incoming Freshmen)🌍 United States📌 Corporate-sponsored Merit and Need-based Scholarship
May 15 (Annual date, check official website for updates)
Level
Undergraduate (Incoming Freshmen)
Acceptance
Competitive
Difficulty
High
Quick Summary
Visa Black Scholars and Jobs Program, administered by Visa Inc. in partnership with Thurgood Marshall College Fund (TMCF), is one of the funding options available to black/african american high school seniors in United States. The award covers Provides up to $20,000 annually for four years, combined with a dedicated mentor and priority consideration for internships at Visa. and is open to undergraduate (incoming freshmen) students studying business (accounting, business management, economics, finance, marketing) or technology (computer science, computer engineering, software engineering, information systems, cybersecurity, data science). The scholarship runs for up to 4 years and may be renewed annually based on academic performance. Eligibility is generally based on open to Black high school seniors in the US who have a 3.0 GPA and are pursuing specific business or technology majors at a 4-year institution. The application deadline is May 15 (Annual date, check official website for updates), with an acceptance rate of approximately Competitive. Applicants are encouraged to review the official eligibility criteria carefully before starting their application.
✨ Should I Apply for Visa Black Scholars and Jobs Program?
Instant AI-powered application intelligence
75%
Eligibility Match
50%
Win Probability
9/10
Difficulty
10/10
Reward Score
60-80 hrs
Time Required
Low
Competition
🌍 Overview
💰
Award Amount
Up to $20,000 per year
⏳
Duration
Up to 4 years
📅
Deadline
May 15 (Annual date, check official website for updates)
🔬
Fields
Business (Accounting, Business Management, Economics, Finance, Marketing) or Technology (Computer Science, Computer Engineering, Software Engineering, Information Systems, Cybersecurity, Data Science)
🏆
Awards/Year
Approximately 50 scholars per year
🌏
Study Country
United States
🏛️
Provider
Visa Inc. in partnership with Thurgood Marshall College Fund (TMCF)
📊
Acceptance
Competitive
The Visa Black Scholars and Jobs Program, established in partnership with the Thurgood Marshall College Fund (TMCF), is designed to support the next generation of Black leaders in business and technology. It provides multi-year financial assistance, direct mentorship, and a clear pathway to internships and full-time careers within Visa.
👥 Who Should Apply
Open to Black high school seniors in the US who have a 3.0 GPA and are pursuing specific business or technology majors at a 4-year institution.
🏛️ Host University
Any accredited four-year college or university in the United States
🤝 Sponsor
Visa Inc.
🔬 Fields of Study
Business (Accounting, Business Management, Economics, Finance, Marketing) or Technology (Computer Science, Computer Engineering, Software Engineering, Information Systems, Cybersecurity, Data Science)
✨ Key Benefits
Provides up to $20,000 annually for four years, combined with a dedicated mentor and priority consideration for internships at Visa.
Varies based on individual financial need assessment
Total Award
Up to $20,000 per year
✈️ Travel: Not specifically provided as a separate stipend🏠 Accommodation: Varies; may be applied toward room and board if tuition is fully met💊 Health Insurance: No🔄 Renewable: Yes💳 App Fee: Free
🎓 Tuition Coverage
Yes
🏠 Living Stipend
Varies based on individual financial need assessment
🏡 Accommodation
Varies; may be applied toward room and board if tuition is fully met
✈️ Travel Allowance
Not specifically provided as a separate stipend
💊 Health Insurance
No
🎁 Other Benefits
Mentorship from Visa employees, paid summer internship opportunities at Visa, professional development workshops, and potential for full-time employment post-graduation.
🔄 Renewable
Yes
📋 Renewal Conditions
Must maintain a minimum cumulative GPA of 3.0 and remain enrolled full-time in an eligible major.
✅ Eligibility Requirements
🌍 Eligible Nationalities
Must self-identify as Black or African American; US citizen or legal permanent resident; high school senior at time of application; minimum 3.0 GPA; must demonstrate financial need.
🎓 Academic Level
Undergraduate (Incoming Freshmen)
📊 Minimum GPA
3.0
🗣️ English Requirement
Proficient in English (standard university admission requirements)
🍢 Age Limit
Not specified (typically 17-19 for incoming freshmen)
💼 Work Experience
Not required, though extracurricular and volunteer work are highly valued.
🏆 Leadership
Demonstrated leadership qualities through school activities or community service.
💰 Financial Need
Yes, must have an unmet financial need and provide FAFSA details.
Proficient in English (standard university admission requirements)
Interview: Yes (for finalists)
Min GPA: 3.0
📋 Application Process
Focus your essay on your passion for technology or business and how you plan to impact the community. Ensure your FAFSA is submitted early.
💡 Insider Tip: Choose a recommender who can speak to your specific technical skills or business acumen. Be prepared to discuss your long-term career goals at Visa.
🗾️ Application Roadmap
1
Research eligibility and gather requirements
Start Early
2
Collect all required documents
Start Early
3
Request recommendation letters early
4
Write compelling essays and personal statement
⚠ High Risk Stage
5
Submit complete application before deadline
6
Await shortlisting and attend interview if required
⚠ High Risk Stage
📅 Key Dates & Timeline
📅 Opens
February (Annual)
⏰ Deadline
May 15 (Annual date, check official website for updates)
🎤 Interview
Yes (for finalists)
🎓 Study Starts
August/September (Fall Semester)
February (Annual)
Applications Open
Gather documents and begin essays
May 15 (Annual date, check official website for updates)
Application Deadline
Submit complete application - no late entries
Yes (for finalists)
Shortlisting and Interview
Selected candidates invited for interview
After results
Award Announced
Successful applicants notified
August/September (Fall Semester)
Studies Begin
Commence degree at host institution
⚖️ Selection Process
📋 Selection Criteria
Academic performance, financial need, leadership potential, and quality of application essays.
Open to Black high school seniors in the US who have a 3.0 GPA and are pursuing specific business or technology majors at a 4-year institution.
This scholarship covers: Provides up to $20,000 annually for four years, combined with a dedicated mentor and priority consideration for internships at Visa.. It is a fully funded scholarship.
The deadline is May 15 (Annual date, check official website for updates). Always verify with the official website as dates may change annually.
Competition level: Low. Acceptance rate: Competitive. Strong academic record and clear motivation are essential.
Yes
Typically required: academic transcripts, passport, Proficient in English (standard university admission requirements), Yes (one academic recommendation required) recommendation letters, CV, personal statement/motivation letter. Check official website for the complete list.