Alliance Bernstein AB HBCU Scholarship Program in America 2021
Alliance Bernstein has established the AB HBCU Scholars Program to assist students who plan to continue their education in college at specific historically black colleges and universities (HBCUs).
This program is administered by Scholarship America®, the nation’s largest designer and manager of scholarship, tuition assistance, and other education support programs for corporations, foundations, associations, and individuals. Eligibility for individual programs is determined at the sole discretion of the sponsor, and eligible applications are reviewed by Scholarship America’s evaluation team.
Applicants to the AB HBCU Scholars Program must meet all of the following criteria:
- Self-identify as Black or African American, Hispanic/Latino, or American Indian or Alaska Native
- Have a minimum grade point average of 3.0 on a 4.0 scale (or its equivalent)
- Be a current undergraduate sophomore attending one of the following HBCUs:
- Alabama A&M University
- Fisk University
- Hampton University
- Tennessee State University
- Be pursuing a bachelor’s degree in one of the following fields:
- Business Administration
- Computer Science
- Cyber security
- Engineering (Electrical, Computer, Mechanical)
- Liberal Arts (i.e. but not limited to Psychology, History, Philosophy, Arts & Humanities, etc.)
- Supply Chain
- Continue to be enrolled full-time for the entire upcoming academic year at an eligible HBCU and pursuing a bachelor’s degree in an eligible field
- Be eligible to work in the US and not require sponsorship now or in the future
Employees of Alliance Bernstein and their relatives* are not eligible.
*A relative is defined as anyone related to an employee or an employee’s spouse, including but not limited to spouse, same-sex and opposite sex domestic partner, parent, child, grandparent, grandchild, sibling, aunt, uncle, cousin, nephew and niece, or corresponding in-law or “step”relation.
Selection of Recipients
Scholarship America will select finalists on the basis of:
- academic record
- demonstrated leadership and participation in school and community activities
- work experience
- a statement of educational and career goals and objectives
- any unusual personal or family circumstances
- and an online recommendation
- Financial need will also be considered
From the pool of qualified finalists, Alliance Bernstein will conduct interviews and select recipients.
All applicants agree to accept the decision as final.
Recipients must agree to accept:
- a 9-week paid internship with Alliance Bernstein in the summer of 2022
- participate in 75% of pre-internship development activities
- meet with an Alliance Bernstein mentor at least 3 times
If selected as a recipient, the student will receive:
- A $5,000 award.
- Paid internship housing.
- Up to twenty (20) awards will be granted.
- Awards are for undergraduate study only.
- Awards may be renewed for up to one additional year or until a bachelor’s degree is earned, whichever occurs first.
- Renewal is contingent upon satisfactory academic performance in full-time study at an eligible HBCU while pursuing a bachelor’s degree in an eligible field.
- The recipient must also earn an offer, accept and complete a second internship with Alliance Bernstein during the summer of 2023 in order to renew.
- All applicants will be notified in April of their status as a finalist or non-finalist.
Payment of Scholarships
- Scholarship America processes scholarship payments on behalf of AllianceBernstein.
- Payment is made in August and after the recipients have completed their internship.
As part of your application, you must upload the following:
- A current, complete transcript of grades. Grade reports are not accepted. Transcripts must display student name, school name, grades and credit hours for each course and term in which each course was taken.
One online recommendation form must be submitted on your behalf no later than January 13, 2022 3:00 pm CT.
Your application is not complete unless all required materials are submitted electronically.