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The ACG Scholarship Fund application program will be available in March. Please return then to view the updated Eligibility and Awards for the upcoming academic year! If you are an applicant who would like to discover more scholarship opportunities you might qualify for, please continue to the Scholarship America Hub and sign up!

ACG Scholarship Fund
Application status: Closed

American Capital Group has established a scholarship program to assist children of employees who plan to continue their education in four-year college, two-year college or community college and vocational school programs.

The program is administered by Scholarship America®, the nation’s largest designer and manager of scholarships 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 ACG Scholarship Fund must:

    • Be dependent*children, age 26 and under, of full time American Capital Group corporate employees who have a minimum of 1 year employment with the company as of the application deadline date.
      *Dependent children are defined as biological, step- or legally adopted children living in the employee’s household or primarily supported by the employee.
    • High school seniors or graduates, or current postsecondary undergraduates, who plan to enroll in full-time undergraduate study at an accredited community college, four-year college, technical college, or vocational school for the entire upcoming academic year.
  • Have a minimum grade point average of 3.0 on a 4.0 scale (or its equivalent).

Assuming there are qualified applicants, preference will be given to applicants pursuing an industry-related area of study related to American Capital Group, but not limited to Finance, Real Estate, Architecture/Design Construction, Human resources, Business, and Trade Technicians.

Awards

If selected as a recipient, the student will receive a $10,000 award. Up to two awards will be granted. Awards are not renewable, but students may reapply to the program each year they meet eligibility requirements.

Awards are for undergraduate study only.

Notification

All applicants will be notified in June.

Payment of Scholarships

Scholarship America processes scholarship payments on behalf of American Capital Group. Payment is made in August.

Selection of Recipients

Scholarship recipients are selected 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
  • Unusual personal or family circumstances
  • An online recommendation

Financial need is not considered. Selection of recipients is made by Scholarship America. In no instance does any officer or employee of American Capital Group play a part in the selection. Not all applicants to the program will be selected as recipients. Students may reapply to the program each year they meet eligibility requirements. All applicants agree to accept the decision as final.


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.

NOTE: If you are providing SAT or ACT test scores, and those scores are not listed on your high school transcript, you will need to upload a copy of your test score report(s) separately. If you are uploading a college transcript, those scores are not required.

One online recommendation form must be submitted on your behalf no later than May 20, 2024 1:00 pm Pacific Time.

Your application is not complete unless all required materials are submitted electronically.

American Capital Group has partnered with Scholarship America. Selecting the button below will redirect you to the Scholarship America Student Hub!

Please make sure to add studentsupport@scholarshipamerica.org as well as the program email address provided below in the footer as safe senders in your email contact list.