The NBMBAA® Scholarship Program is a cornerstone of the Association’s commitment to fostering the academic and professional growth of future business leaders. By providing financial support to deserving students from top-tier institutions, NBMBAA® empowers the next generation to pursue their educational goals without the burden of financial strain.

Each year, the Association awards over $2.5 million in scholarships, offering recipients the opportunity to focus on their studies and career aspirations while excelling in the competitive business world. Designed to uplift high-achieving students who demonstrate both academic excellence and leadership potential, the scholarship program fuels the ambitions of future executives, entrepreneurs, and innovators. Through this initiative, NBMBAA® not only helps recipients achieve their immediate educational objectives but also positions them for long-term success, cultivating a pipeline of Black talent ready to take on leadership roles across industries.