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FAQs

Frequently Asked Questions

National Black MBA® Association – Leaders of Tomorrow (LOT) Program

What is the Leaders of Tomorrow (LOT) Program?

The LOT Program is a premier initiative by the National Black MBA® Association (NBMBAA), designed to prepare high school students for college and career success. This program provides mentorship, leadership development, and practical training for students interested in business, STEM, and other professional fields.

For Students

The LOT Program is open to high school students with a passion for learning, leadership, and making a difference in their communities. Applicants should be in good academic standing and demonstrate an interest in pursuing higher education and career readiness.
LOT participants gain skills in leadership, financial literacy, college preparation, career planning, and networking. The program includes hands-on workshops, mentorship with business leaders, case competitions, and access to the annual National Leadership Summit.
Applications for the Leaders of Tomorrow (LOT) Program are managed through your local NBMBAA chapter. To be eligible, you must first be a member of the National Black MBA Association®. Contact your nearest chapter for application details, eligibility requirements, and deadlines. Interested students can find their local chapters here.
Students must be members of the National Black MBA Association® to participate in the LOT Program. High school students can join for a membership fee of $25 per year, which provides access to the program’s resources and activities. Students can sign up for membership here. Additionally, participation fees may vary by chapter to cover the costs of materials, events, and other program activities. Some chapters also offer financial assistance based on need.
The National Leadership Summit is an annual gathering held in mid to late June, where LOT students from across the country participate in leadership workshops, networking, and a national case competition. It’s a fantastic opportunity to develop skills and meet peers from different regions.

For Parents

LOT provides students with invaluable skills and experiences that prepare them for college and future careers. The program emphasizes college readiness, financial literacy, career planning, and personal growth, all within a supportive and inclusive community.
LOT is structured as an academic-year program with regular meetings, workshops, and mentorship sessions organized by local NBMBAA chapters. The program culminates with the National Leadership Summit in June, where students gather for intensive learning, networking, and competition.
Safety is our priority. All program activities are supervised by experienced mentors, advisors, and coaches who are committed to creating a secure, positive, and educational environment for all participants. Additionally, all mentors, advisors, and coaches are required to submit criminal background checks to ensure the safety and well-being of every student involved in the program.
Students are expected to actively participate in regular meetings, workshops, and events. The program encourages consistent involvement to maximize the benefits and make the most of mentoring and learning opportunities.
Yes, many chapters offer scholarships to LOT students, and NBMBAA also works to secure funding to support student travel and participation in the National Leadership Summit. Students may inquire about specific scholarship options with their local chapter.
Parents are encouraged to engage with the program by staying informed about their child’s activities, attending informational sessions, and supporting their child’s participation in program events and workshops.

For NBMBAA Members and General Inquiries

NBMBAA members interested in volunteering can reach out to their local chapters to inquire about mentoring and volunteer opportunities. The program thrives on the support and guidance of professionals who can offer their insights and experiences to the next generation.
There are several ways for companies and organizations to support LOT, including sponsorships, hosting events, providing speakers, and contributing to the scholarship fund. Interested partners can contact the PD@NBMBAA.ORG to explore options for involvement and impact.
The LOT Case Competition is an annual event where students apply critical thinking, problem-solving, and presentation skills to real-world business challenges. Teams present their solutions to a panel of judges at the National Leadership Summit, with top teams receiving recognition and awards.
NBMBAA is committed to expanding access to the LOT Program. Local chapters work to provide scholarships and financial support to students from underserved communities. Contact your local chapter to discuss options for participation and support.
Yes, LOT students regularly engage with NBMBAA members, corporate sponsors, and industry professionals through workshops, mentorship sessions, and events like the National Leadership Summit, offering unique networking and mentorship opportunities.
For details on upcoming activities and events, please reach out to your nearest NBMBAA chapter or visit our website’s LOT Program section for updates on national initiatives.

Annual membership contract, paid in monthly installments with automatic renewal Service begins as soon as your initial payment is processed. You will be charged 1/12 of the annual membership fee at the time of purchase, every month for the duration of your annual contract. Your membership contract will renew automatically, on your annual renewal date, until you cancel your membership in writing no later than 30 days prior to your annual renewal by contacting membership support. Renewal rates are subject to change, but you will be notified at least 30 days prior to your annual renewal date if your renewal rate will change. Should you cancel before your one-year term has expired, you will be charged 100% of your remaining contract obligation and your service will continue until the end of until the end of your contracted term. Cancellations can be made any time by contacting membership support in writing. Annual prepaid membership contract, with automatic renewal Service begins as soon as your payment is processed. You will be charged, immediately in full, the annual membership fee at the time of purchase. Your contract will renew automatically, on your annual renewal date, unless you cancel your membership in writing by no later than 30 days prior to your annual renewal date by contacting membership support. Renewal rates are subject to change, but you will be notified at least 30 days prior to your annual renewal date if your renewal rate will change. Should you cancel before your one-year term has expired, your payment is non-refundable, and your service will continue until the end of your contracted term. Cancellations can be made any time by contacting membership support in writing. Activation of Membership Memberships will become active upon processing of all materials at National Black MBA Association (NBMBAA) headquarters. Existing Lifetime and Associate Lifetime Members The Lifetime or Associate Lifetime membership is no longer offered. Existing Lifetime or Associate Lifetime members who have paid in full are active for the duration of his or her lifetime, from their membership activation (see activation of membership). Lifetime or Associate Lifetime members are no longer eligible for any other membership type. Student Members Student memberships are active for 12 consecutive months, beginning at activation (see activation of membership). You will be considered a student member as long as you are actively enrolled in a recognized undergraduate or graduate degree program. Your membership should be upgraded to a Professional or Associate membership upon the expiration of your current membership, subsequent to graduation. You are required to submit proof of your current enrollment. The following items will be accepted as proof of current enrollment: • Letter from the registrar acknowledging your current enrollment status • Copy of your tuition bill • Class schedule reflecting your current enrollment. Should you fail to submit proof of current enrollment within 60 days, your membership may be terminated, and your payment will not be refunded. You will then need to reapply for membership. Refund Policy The NBMBAA will only provide refunds for the following reasons: • Verified duplication of billing • Verified overcharges • Submission of incorrect member type resulting in one of the above Refunds will be provided as follows: • Credit card payments will be credited to that same credit card. • Cash and check payments will be credited by NBMBAA check after 30 days, and only after initial payment has cleared our financial institution. * Refunds will be issued only upon request of the individual. The NBMBAA will vigorously defend itself against credit card charge backs. In the event that your credit card company requests a credit for charges, we will comply only to the extent that the request meets the requirements of the refund policy. (See above). Recurring Payments If you choose a recurring payments option to automatically renew your membership, you are responsible for canceling it prior to annual recurrence to avoid charges. Once charged, your membership will not be refunded. Notice of Photography and/or Videography As a condition of membership, individuals grant the National Black MBA Association an irrevocable nonexclusive license to use their name, image, voice and likeness for the purpose of advertising and promoting NBMBAA events, activities and products without any further approval from you or payment to you. It is the NBMBAA’s right to make visual and audio recordings, and still images of its members (collectively “Photography”) and to use the Photography and member’s name. However, none of the above shall be deemed as an endorsement for any NBMBAA product or service. Without limiting the generality of the foregoing, members agree that the rights granted hereunder shall include the perpetual, worldwide right of NBMBAA to edit, telecast, rerun, record, publish, reproduce, use, license, print, distribute or otherwise exploit, in any manner and in any medium or forum, whether now known or hereafter devised. Terms and Conditions are subject to change without prior notification. Revised: April 5, 2017. NBMBAA®

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