$1,000 Entrepreneurship Scholarship Opens for Undergrads

Undergraduates at accredited U.S. colleges who are at least 18 can apply by March 15, 2027 with an essay and proof of enrollment.

Updated on Nov. 3, 2026 in Scholarships

$1,000 Entrepreneurship Scholarship Opens for Undergrads

The Nicholas Bonito Scholarship for Entrepreneurs opened its application period for the 2027 cycle on November 3, 2026. The $1,000 one-time award is open to undergraduates at accredited colleges or universities who are at least 18 years old, with applications due March 15, 2027.

Why it matters

The scholarship gives undergraduates pursuing entrepreneurship, business leadership, or innovation a direct source of funding to help offset the cost of school. Because eligibility is not tied to a specific U.S. city or state, students across the country can apply.

The award is $1,000, paid one time, and open to undergraduates enrolled at accredited colleges or universities who are at least 18 years old. Applications require an original 500 to 800 word essay, proof of undergraduate enrollment, and full contact information, due by March 15, 2027.

The players

Nicholas Bonito Scholarship for Entrepreneurs

A one-time $1,000 undergraduate scholarship that funds students pursuing entrepreneurship, business leadership, and innovation.

The details

Applicants write an essay describing a problem, need, or opportunity that inspires them to pursue entrepreneurship. Judges evaluate essays on argument quality, practical problem-solving approaches, and understanding of potential impact. All materials are submitted by email in a single submission, and the winner is scheduled to be announced on April 15, 2027.

November 3, 2026: Application period opened for the 2027 cycle.
March 15, 2027: Deadline to submit applications.
April 15, 2027: Winner scheduled to be announced.

Education Landscape

Privately funded awards like this one add to the range of scholarships available to undergraduates outside of federal and institutional aid. Entrepreneurship-focused scholarships reflect a broader interest in preparing students for business creation alongside traditional degree paths.

Undergraduates interested in entrepreneurship should note the March 15, 2027 deadline and prepare a 500 to 800 word essay on a problem or opportunity that inspires them. Students with questions about how a private award fits with their existing financial aid can ask their school's financial-aid office.

The takeaway

Undergraduates with an interest in entrepreneurship have until March 15, 2027 to submit an essay and proof of enrollment by email. Check the official eligibility rules and confirm your enrollment status before you apply.