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The program will be available again in November 2024. Please return then to view the updated Eligibility and Awards for the 2025-26 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!

ScottMadden Inspire Scholarship
Application status: Closed

ScottMadden, Inc. has established a scholarship program to assist current undergraduate sophomores or above who are Black or African American and are currently enrolled full-time at an accredited four-year college or university for the entire upcoming academic year, and located in the following states of Georgia, Massachusetts or North Carolina. These individuals must also be pursuing a major in Business Administration, Consulting, Energy, Finance or Accounting, Human Resources, IT or Technology at an accredited four-year college or university.

This 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 ScottMadden Inspire Scholarship must:

  • Be Black or African American
  • Be enrolled full-time at an accredited four-year college or university for the entire upcoming academic year located in one of the following states: Georgia, Massachusetts, or North Carolina.
  • Be applying to the program as a current undergraduate freshman, sophomore, or junior.*
    *Students must be undergraduate sophomores, juniors or seniors when receiving the award.
  • Be planning to major in one of the following disciplines:
    • Business Administration
    • Consulting
    • Energy
    • Finance or Accounting
    • Human Resources
    • IT or technology
  • Have a minimum grade point average of 3.0 on a 4.0 scale (or equivalent)


The authorized distribution for the award is $10,000. One (1) new award of $10,000 will be granted. Students may re-apply to program each year they meet eligibility requirements. Awards are limited to a maximum of three (3) times.

Awards granted prior to 2024-25 will be honored for renewal. Renewal students do not need to submit an application for the 2024-25 academic year.

Awards are for undergraduate study only.

Selection of Recipients

Scholarship recipients are selected on the basis of:

  • Academic record
  • Demonstrated leadership and participation in school and community activities
  • Work experience
  • An online recommendation
  • Financial need

Selection of five (5) finalists is made by Scholarship America. ScottMadden, Inc. will select recipients.


All applicants will be notified in early April.

Payment of Scholarships

Scholarship America processes scholarship payments on behalf of ScottMadden, Inc. Payment is made in August.

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.

  • A copy of the most recently filed Form 1040.

One online recommendation form must be submitted on your behalf no later than February 8, 2024 3:00 pm Central Time.

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

ScottMadden, Inc. has partnered with Scholarship America. Select the button below to be directed to the Scholarship America Student Hub!

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