Prospanica is proud to offer a select number of scholarships for qualified undergraduate and graduate business students committed to making a positive change through their contributions to society. We’re looking for entrepreneurial thinkers who know that true accomplishment is much more than individual success, it uplifts the entire Hispanic community.

Scholarship Requirements

We have a select number of Prospanica scholarships of up to $5,000. Applicants to the Prospanica Scholarship Program must:

  • Be a United States citizen, legal permanent resident, or DACA recipient.
  • Be of Hispanic/Latino heritage.
  • Have a minimum grade point average of 3.0 on a 4.0 scale (or the equivalent) OR have a minimum 2.75 GPA on a 4.0 scale (or the equivalent) in combination with work experience during that time.
  • Have a Prospanica membership – Member ID required.
  • Be enrolled or planning to enroll in a postgraduate (Master’s or PhD) or undergraduate program in an accredited university business school (in the United States or Puerto Rico).  If applying for the undergraduate awards, the applicant must currently be a college sophomore or higher.

The 2024 Scholarship Program Will Run In
Two Rounds

The preliminary round will be open from March 1, 2023.

Application Open: February 20th, 2024

Application Deadline: April 22, 2024

Applicants invited to the second round will have until June 30th to complete the full application.

Semi Finalist Open: April 22, 2024

Semi Finalist Deadline: June 24, 2024

Notification of Selection Results: July 2024

Funds Disbursed: September 2024

Need help with your application? Reach out here for assistance: 


Talk with a representative using the green chat box at the bottom of the application.


Check out this year’s FAQs. For more questions:

A Special Thank You to Our Scholarship Donors

Scholarship Recipient Testimonials

“I am honored to have received a Prospanica Foundation Scholarship and I can’t thank you enough for this support. I am the first in my family to attend business school and this scholarship helps make the financial stress a lot easier as I work towards this goal. Thank you for supporting my dream.”

“Prospanica has impacted me deeply in a professional and personal way. Personally it has been a great opportunity to give back to my community. It has been professional fulfilling being able to take advantage of all of the training that Prospanica offers in addition to the networking ability and the people I have met on this journey.”