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Scholarships
Top economics scholarships for you
Find scholarships for economics majors that can help you pay for college.
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Scholarships for economics majors
Bettye Raulinaitis Memorial Book Fund
Due: 5/9/26
|No essay
|No Recommendations Required
|No min. GPA Required
|No Transcripts Required
Varies
The purpose of this fund is to award the best Graduate Assistant Student in the Economics Department with a book award. The recipient must be the best Graduate Assistant Student in the Economics Department.
Richard B. Inman, Jr. Scholarship
Due: 5/15/26
|No min. GPA Required
|No Transcripts Required
$1,500
The Richard B. Inman, Jr. Scholarship is open to outstanding undergraduate students majoring in economics. Recipients will be notified by June 30 each year. Please visit the scholarship's website for more information.
The Georgia Tech School of Economics ODE Scholarship
Due: 5/15/26
|No Transcripts Required
$1,000
The Georgia Tech School of Economics ODE Scholarship is available to Omicron Delta Epsilon (ODE) members who are B.S. students majoring in ECON, EIA, or GEML. Students who joined two semesters prior to graduation may receive up to $1,000 in tuition and fees. However, students who joined one semester prior to graduation may receive up to $500 in tuition and fees. Please visit the scholarship's website for more information.
Georgia Tech School of Economics - Economics and International Affairs Scholarship
Due: 5/15/26
|No min. GPA Required
|No Transcripts Required
$1,500
The Georgia Tech School of Economics - Economics and International Affairs Scholarship is for two outstanding undergraduate students majoring in Economics and International Affairs (EIA). Recipients will be notified by June 30 each year. Please visit the scholarship's website for more information.
AERA India/AAEA Mentorship Program
Due: 10/13/26
|No essay
|No min. GPA Required
|No Transcripts Required
Varies
The AERA along with one representative from AAEA will play a facilitating role in the selection of Indian students or young professionals to participate in the mentorship program. The offer and themes for each year will be published in one of the issues of Agricultural Economics Research Review (AERR) and recommendation of the Association shall be sent to AAEA for Award of the grant. The program shall be open to doctoral and post-doctoral candidates and the maximum age of the candidate should not be more than 35 years. Applicants may have a Masters or PhD degree in agricultural economics or economics with evident contribution to agricultural economics research. The candidate should give an undertaking to publish at least one research article in a journal of national/international repute as an outcome of the mentorship work. The candidate will attend the AAEA Annual Meeting and the candidate will work with an AAEA Member mentor. Applicants must submit a cover letter outlining proposed plan for mentorship, including contact information for the mentor, proposed dates and nature of the research project and collaboration, and outputs expected. A research proposal outlining the research project that the applicant will work on with his or her mentor is also required. Applicants must also submit a letter of recommendation from their department head or supervisor stating that the institution supports the applicant's participation. A letter of intent to collaborate from the proposed mentor must also be submitted. Please visit the fellowship's website or contact the Agricultural and Applied Economics Association for more information.
Chester O. McCorkle Jr. Student Scholarship
Due: 10/13/26
|No essay
|No min. GPA Required
$2,000
The AAEA Trust Committee is accepting applications for the 2026 Chester O. McCorkle Jr. Student Scholarship. This scholarship will support applied research by a graduate student on economic issues relating to agriculture. Funds can be used for research related expenses, data collection, tuition and program related expenses such as fees, books, supplies and equipment, provided the items are required of all students in the program. Applicants must submit a description of the proposed research and letter of support from their major advisor. Please visit the scholarship's website or contact the Agricultural and Applied Economics Association for more information.
Anthony M. Grano Special Purpose Fund
Due: 10/13/26
|No min. GPA Required
$1,250
The Anthony Grano Special Purpose Fund provides scholarships for academically successful, highly motivated students in agricultural economics or a closely related discipline with an interest in agricultural policy and the policy formation process. The scholarships will allow selected students the opportunity to observe the role agricultural economics plays in the agricultural policy formation process by introducing them to decision-makers in the legislative and executive branches of the federal government. Two recipients will be chosen to travel for one week to Washington, DC to meet with senior staff from USDA, Congressional offices, agricultural trade associations, farm and commodity organizations, and NGOs. Meeting schedules will be personalized to reflect the recipient's policy interests. Eligible applicants will be students in either agricultural economics or economics with an agricultural emphasis in any U.S. university. Ideal candidates are academically competent, highly motivated with an interest in agricultural policy and the policy formulation process. Applicants must submit a cover letter that expresses interest and includes applicant contact information. A letter of support from the department head is also required. Department Heads are encouraged to match the funds if their nominee is selected. Please visit the scholarship's website or contact the Agricultural and Applied Economics Association for more information.
Enid Hall Griswold Memorial Scholarship
Due: 1/31/27
|No min. GPA Required
$5,000
The Enid Hall Griswold Memorial Scholarship is awarded to two deserving college juniors or seniors enrolled in an accredited college or university in the United States who is pursuing a major in political science, history, government, or economics.
Elbert and Mary Elsbury Scholarship
Due: 2/15/27
|No Recommendations Required
|No min. GPA Required
$1,000
The Elbert and Mary Elsbury Scholarship was established through a bequest to encourage the pursuit of higher education and careers in agriculture. Applicants must be studying agriculture, home economics or related fields. Three equal scholarships awarded with recipients meeting the following: (1) One to a Lake County Farm Bureau member, spouse or child of member and resident of Lake County Illinois. (2) One to a graduating senior of Warren Township High School, Gurnee, IL (Farm Bureau membership not required). (3) One to a Lake County Farm Bureau member, spouse or child of a member who is a member of a Lake County 4-H Club. The IAA Foundation enhances the future of agriculture by offering college scholarships to Illinois farm families, Illinois Farm Bureau members, spouses, and their children who major in agriculture-related courses of study. The IAA Foundation is pleased to administer scholarships on behalf of families and agriculture partners who wish to support students and help assure a well-qualified, professional agricultural workforce in Illinois. Applicants may be previous recipients of an IAA Foundation scholarship. All applicants must be a high school graduate or be graduating in 2025 and must be accepted for enrollment or currently be enrolled at an accredited college, university, community college or trade school. In addition to individual scholarship eligibility guidelines, selection of recipients is based on activities and involvement, financial plan, essay response, personal statements and in some cases, academic performance. Please visit the scholarship's website for more information.
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What are economics scholarships?
Economics scholarships are financial aid for college created specifically for economics students. Scholarships for economics majors can help students access higher education opportunities that otherwise may be out of reach because of financial reasons. All scholarships are free money for college that you don’t have to pay back.
Eligibility requirements for economics scholarships
Before you apply for economics scholarships, make sure you check the eligibility requirements to see if you qualify. These may include:
- Minimum GPA
- Community service experience
- U.S. citizenship
- Plans to attend an accredited program
- Leadership skills
- FAFSA® submission
Scholarship requirements vary, so don’t assume you won’t qualify. Keep searching for scholarships that best match your qualifications.
Are economics scholarships worth my time?
If you want to get as much free money as you can for your education, then yes! You’ll find some scholarships are quick and easy to apply for, while others require more time and effort. Typically, fewer students apply for scholarships that require work (like writing an essay) which means you could have better odds of winning if you apply for one of those.
Pro tip: Don’t pass up on economics scholarships that have smaller award amounts. ($) There’s typically less competition for them—and they add up!
How do I find economics scholarships?
From your school to national organizations, there are so many places to find economics scholarships that can help you pay for college.
Scholarship resources
- The financial aid office at a college or career school
- Organizations (such as professional associations) related to your field of interest
- Federal agencies
- Free scholarship search engines, like Scholly Scholarships
- Local libraries, businesses, or associations
Your high school guidance office is a great place to start when looking for local scholarships. You could also try doing a search for your city’s name and “community foundation,” or the county you live in and “foundation.”
Scholly Scholarships
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Easily search through thousands of college scholarships based on your background, major, state you live in, and more.
Hot tip! Smaller scholarships may have less competition, increasing your odds of winning.
What types of economics scholarships are available?
Need-based scholarships
These are scholarships for students who have demonstrated a financial need. There’s no universal number or set income level that tells you if you qualify. How each scholarship defines what financial need means varies. The federal government as well as specific organizations, corporations, and colleges/universities/schools offer need-based scholarships.
Merit scholarships
Merit scholarships are for students who have shown high academic, athletic, or extracurricular achievement over their high school careers. Not all schools/colleges offer merit-aid—highly selective schools typically don’t. The process for applying for merit scholarships varies. For merit scholarships offered through colleges and universities, you generally don’t have to do anything other than complete the application to the school itself. For some schools, you need to submit the Free Application for Federal Student Aid (FAFSA®) to be eligible.
Career-specific grants or scholarships
These are awarded to students who know they want a career in a specific industry. Maybe they know they want to be a teacher, a nurse, or an engineer. To be eligible for grants, students must submit the FAFSA®. To find career-specific scholarships, try searching for your major and “association.”
Community or nonprofit scholarships
Nonprofit and community organizations often receive funding from donors to create scholarship programs for students who need them.
Tips for successful scholarship applications
- Pull together everything you need for the application including transcripts, so you can submit a complete scholarship application.
- You may need a recommendation letter or letters for a scholarship. Ask a teacher, employer, or someone else who knows you to write one for you—and be sure to give them enough time to do it.
- If you’re writing a scholarship essay, follow the prompt, answer the essay question completely, and write from your experience. A few well-written essays that you can reuse for different scholarship applications can really pay off.
- Highlight your strengths and achievements in your application.
- Talk about your financial need and what you would use the scholarship money for if you won. How would it help?
- Have to interview for a scholarship? Dress to impress in a professional outfit. And do your research! Look into how/why the scholarship was created. Try to bring up why it’s meaningful to you. Also, don’t forget to send a thank-you note afterwards.
- Keep track of all the deadlines for the scholarships you’re applying to. If you miss one, they may not extend the due date.
- Apply for scholarships year after year, all through college. As you continue your studies, gain more experience, and try new extracurricular activities in college, you might be eligible for more scholarships you weren’t originally qualified for.
Want more tips to up your chances of winning? Check out our scholarship guide for everything you need to know about finding and winning scholarships.
Frequently asked questions
These tips can help as you get ready to apply for economics scholarships.
When are scholarship application deadlines?
There’s no standard deadline for scholarship applications. Each scholarship has its own deadline, so be sure to keep track of dates and make sure you don’t miss any deadlines of scholarships that you want to apply to.
Do you need to know which college you’re attending?
You don’t need to know which college you’re going to attend before applying for most scholarships. However, once you’re awarded scholarships, some of them may ask for eligibility verification—which can include proof of college enrollment.
Is there a limit on how many scholarships you can apply for?
Absolutely not, so apply for as many as you can to increase your chances of winning free money. Want to find more types of scholarships? There are so many, check them out!
Pro tip: Apply for scholarships each year you’re in college.
Does every scholarship application require an essay?
Not every scholarship will ask you to submit an essay—different scholarships have different requirements. If you’re applying for a scholarship with an essay and need help writing yours, get tips for writing scholarship essays.
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