Main header image
Synchrony Scholarship Program
Deadline to apply: May 6, 2021 3:00 pm CT

Synchrony has established a scholarship program to assist children of employees who plan to continue their education in college, university or vocational-technical school programs. Scholarships are offered each year for full-time study at an accredited or bona-fide institution of the student’s choice.

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. Awards are granted without regard to race, color, religion, national or ethnic origin, sex (including pregnancy), sexual orientation, gender identity or expression, age, disability, veteran status or other characteristic(s) protected by law.

Applicants to the Synchrony Scholarship Program must be:

  • Dependent* children of full-time Synchrony domestic and international active, retired or deceased employees at Level 14 and below in the United States, Puerto Rico, India and Philippines, who have a minimum of one year employment with the company as of the application deadline date.*Dependent children are defined as biological, step- or adopted children living in the employee’s household or primarily supported by the employee; OR another child who lives permanently with an eligible employee, depends solely on the employee for support, and for whom the employee or his/her spouse is the court-appointed permanent guardian.
  • High school/secondary school seniors or the equivalent or graduates who plan to enroll or students who are already enrolled in a full-time undergraduate course of study.
  • Planning to enroll in a full-time undergraduate course of study at an accredited or bona-fide college, university or vocational-technical school for the entire 2021-22 academic year.

Children of senior executive employees and company officers are ineligible. Children and family members of Board members and Officers of Synchrony Foundation are ineligible.

Award Information:

  • Up to 35 awards of $4,000 each will be granted to recipients attending a four-year college or university at the bachelor level.
  • Up to 24 awards of $2,500 each will be granted to recipients attending a two-year community college or vocational-technical school as their highest level of education.
  • Awards may be applied only toward the costs of an institution that corresponds to the application category (two-year vocational/technical or community college OR four-year college/university) and are non-transferrable between categories

Awards are one-time only. Past recipients may not apply. Awards are for undergraduate study only.

Notification

Applicants will be notified in June. Not all applicants to the program will be selected as recipients.

Payment of Scholarships

Scholarship America processes scholarship payments on behalf of Synchrony. Payment is made in one installment in early August via check, or wire transfer depending on student location.

Scholarship recipients are selected on the basis of:

  • Academic record
  • Demonstrated leadership and participation in school and community activities
  • Work experience
  • Statement of career and educational goals and objectives
  • Unusual personal or family circumstances

Financial need is not considered.

Selection of recipients is made by Scholarship America. In no instance does any officer or associate of Synchrony play a part in the selection. All applicants agree to accept the decision as final.

As part of your application, you must upload the following document:

  • A current, complete transcript of grades. Grade reports are not accepted. Unofficial or online transcripts must display student name, school name, grades and credit hours for each course and term in which each course was taken.

Your application is not complete unless all required documents are submitted electronically through the Scholarship America Student Hub.

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