✨ Should I Apply for Visa Black Scholars and Jobs Program?
Instant AI-powered application intelligence
🌍 Overview
💰
Award Amount
Up to $20,000 per year
🗓
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)
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
🔬 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.
🎯 Target Students
Black/African American High School Seniors
🏷 Tags
STEM
Business
Black Scholars
Visa
TMCF
Undergraduate
Diversity
💸 Funding Breakdown
Living Stipend
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
🏠 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
🎁 Other Benefits
Mentorship from Visa employees, paid summer internship opportunities at Visa, professional development workshops, and potential for full-time employment post-graduation.
📋 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)
🗣️ 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.
🎯 Target Students
Black/African American High School Seniors
📝 Application Requirements
Rec Letters
Yes (one academic recommendation required)
Interview
Yes (for finalists)
Documents Required
- Academic Transcripts
- Passport / National ID
- Yes (one academic recommendation required) Recommendation Letters
- CV / Resume
- Personal Statement / Essays
- 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.