Damon Becnel thinks offering scholarships is a great way to show your community that you care about them. Not only does it help individuals in the community, but it can also help your business as well. In this blog post, we will discuss five scholarships that every business should offer their communities!

Academic Scholarships

Offering academic scholarships is a great way to help individuals in your community achieve their educational goals. This type of scholarship, like the one offered by Damon Becnel, can be offered to students who are currently enrolled in school, or those who have recently graduated. Academic scholarships can be offered to students from all walks of life, including those who come from low-income families or single-parent households.

Academic scholarships also help businesses by attracting new students to their schools. When businesses offer scholarships, it shows that they are invested in the community and are willing to help their members achieve their goals.

Community Service Scholarships

Community service scholarships are awarded based on the number of hours spent volunteering in your community. It’s important to note that these types of scholarships can be offered regardless of whether or not a student has graduated from high school, but they typically require proof that you’re enrolled at an accredited institution such as an online university or trade school.

Businesses should consider offering community service scholarships because they help to promote volunteerism. When businesses award these scholarships, it encourages students to spend their time volunteering in their community. This can have several benefits for the business, including increased exposure and goodwill.

Need-Based Scholarships

Need-based scholarships are offered to students who can prove that they need financial assistance in order to attend school. These scholarships are usually awarded based on a student’s academic achievement, as well as their financial need.

Businesses should offer need-based scholarships because they help individuals who would not be able to afford to attend school without them. By offering this type of scholarship, businesses can help individuals in their community get an education and make a better life for themselves.

Academic Merit Scholarships

Businesses should also consider offering academic merit scholarships because they reward students who excel academically. These types of scholarships can be awarded to students who have achieved high GPAs during the course of their education.

Academic merit scholarships can also be used by businesses to attract students with particular talents or abilities that are needed in their industry. For example, a business could offer this type of scholarship to a student who excels at computer science if they need someone skilled in technology for an opening on their team. By offering academic merit scholarships, businesses can encourage students to achieve their best academically and help them reach their full potential.

Athletic Scholarships

Offering athletic scholarships is a great way to show your support for local athletics. These scholarships can be offered to students who participate in school-sponsored sports or those who have demonstrated exceptional talent in a particular sport.

Athletic scholarships are beneficial for businesses because they help promote healthy lifestyles in the community. When businesses award athletic scholarships, it encourages students to stay active and participate in sports. This can have a positive impact on their physical health, as well as their academic performance.

Businesses should offer athletic scholarships because they help promote teamwork and discipline. When businesses support local athletics, they are teaching young people the importance of working together towards a common goal.


Businesses should consider offering scholarships because they help promote education in the community. By awarding scholarships to students, businesses are showing that they care about their employees and want them to succeed academically and professionally.

When businesses offer scholarships, it sends a message that anyone can achieve success if they put their mind to it. This is an important lesson for young people to learn, and it can help them reach their full potential.