Walmart offers college scholarships to employees and dependents of employees with a high school diploma or GED, as of 2015. Scholarships are part of the Walmart Foundation, the charitable organization for the corporation.
Walmart also gives grant funding for the American Indian College Fund, Asian and Pacific Islander American Scholarship Fund, the Hispanic Scholarship Fund and Thurgood Marshall College Fund to issue college scholarships to minority and economically disadvantaged students. These scholarships are not a part of the Walmart Foundation and support students without an affiliation with the company. Each organization has its own eligibility requirements and funding amounts.
Applicants for a scholarship as an employee have at least part-time employee status, meet financial qualifications and are no more than six months from the start of college coursework. There are four application periods each year. Dependents of store and board employees with employment status for at least six consecutive months who show financial hardship can apply for a scholarship. Walmart scholarships renew annually, require a new application each year and use the Free Application for Federal Student Aid to confirm financial eligibility. Dependent scholarships provide a standard amount each semester, while associate scholarships amounts depend upon type of institution and student classification.