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How to Get Corporate Sponsorship to Pay for College

corporate sponsorship to pay for college
There is no denying that college is expensive. It doesn’t matter whether you attempt to acquire a traditional degree or an online degree either; pursuing a higher education takes some serious cash.  And while loans and scholarships is the route that many take to pay for school, these options may leave you in debt or only cover partial tuition costs, respectively.

However, if you are looking for a way to go to school completely free while being guaranteed a job directly after graduation, an alternative way is to find a “corporate sponsor” to foot the bill.

What is a Corporate Sponsorship and how does it Work?

Many are familiar with “tuition reimbursement” programs— an employer from a large company pays back the money (or partial money) that an employee spends on his or her education once they’ve graduated from college. Many school districts, hospitals and governmental agencies have tuition reimbursement programs. A corporate sponsorship program on the other hand pays a student’s tuition bill up front; in return, the student must contractually commit to work for his or her “investor” for an allotted amount of time, typically anywhere from 3 to 5 years after graduation. After the contract negotiations are met and the committed working time is completed, the former student is free to stay within the company (if a job offer is still given) or move somewhere else.

Why do Corporate Sponsors Exist?

In a nutshell, employers want to make sure that they hire the most qualified person for the job, and what better way to ensure that they’ve hired the best person imaginable than by monitoring a future-employee’s quality of education? According to experts, corporate sponsorship is gaining a lot of popularity within the healthcare industry, especially because the cost to pursue a degree in the medical field is increasing. More specifically, pharmaceutical companies are prone to participate in corporate sponsorship. But how do you try to get a company to sponsor you if this the route you want to take?

How to Find Corporate Sponsorship?

One of the easiest ways to go about this is to do a simple Google search. Most businesses will publicly announce that they do in fact provide corporate sponsorship on their websites and will provide information for those interested about how to apply.

If you do not come across an ideal corporate sponsorship program on the web, another alternative you have is to convince a company to actually start a program. A good way to go about this is to formulate a list of companies that you would like to work for—”like to work for” is a key component because you will be required to work for this company for “x” amount of years and there is nothing worse than working for someone/somewhere you despise.  You also want to make sure that the companies on your list are large corporations and not a “mom and pop” business—you want to make sure that the employers can actually afford to send you to college.

Once the list is established, call each company individually and ask to contact the company’s Human Resources Department. First inquire if a corporate sponsorship already exists.  If the answer is no, ask if the company would be interested in establishing one. Prepare a little speech about what corporate sponsorship is and how it could benefit the company.  If the answer is yes they are interested, then be prepared to undergo an interviewing process. Here, you will need to use your best marketing skills to convince employers you could potentially be a viable asset to the company and to invest money on you.

This guest post was written by Donna Reish, a freelancer who blogs about best universities.  She loves to write education, career, frugal living, finance, health, parenting relating articles. She can be reached via email at: donna.reish13@gmail.com.

Photo Credit: rockinfree

Featured in the Carnival of Wealth #39 hosted by Personal Dividends.

FYI: I have nothing to do with corporate sponsorships and can’t help you look for one. This is just an informational post written by someone else to give you ideas. Please research it for yourself.

 

20 Comments on How to Get Corporate Sponsorship to Pay for College

  1. normus
    June 5, 2012 at 11:01 pm (2 years ago)

    help me get conected 2 one of the coperate companies

  2. BENSON MBABU M.ANAMPIU
    July 3, 2012 at 4:50 am (2 years ago)

    am kenyan seeking for sponsorship for my education am taking diploma in residential electrician for about two years
    ineed your help
    fee needed it about $989.00

  3. Kidada Haro Maliwa
    July 21, 2012 at 4:44 am (2 years ago)

    Am Kenyan seeking for my education. I haven’t gone to college yet nor applied for any college because am not sure where to get the admission money. Please i need like $ 1000.00 to settle my education progress.

  4. zukisa nkombisa
    July 25, 2012 at 12:09 pm (2 years ago)

    hello sir or madam i am zukisa from south africa and looking for a sponsor for my college fee.I am in need of a sponsor because it came to a point in my life where its even hard to pay for registration fee at my college and my mother and my father are struggling a lot to pay for me.Please do help because my little brother’s school fees is also expensive so my parent can not afford to pay money for both of us.Please do help. God bless u

  5. gita hassan
    September 1, 2012 at 11:23 am (2 years ago)

    Am gita 4rm uganda seeking help in form of sponsership for my education because am really on the wall.any help granted pliz call me on 0704123622

  6. Lawrence Muriuki miriti
    September 21, 2012 at 1:10 pm (2 years ago)

    I am Lawrence Miriti.
    I am kenyan, living in Meru, Ia seeking for sponsorship for my education in order my self and my family. I am taking diploma in Accounting and finance. This cause takes two years. I have already done some Examinations, but studing at home. I will be very happy if yuo can help finish he remainig year ofthe school. I am really
    ineed of your help.

  7. stephen
    September 29, 2012 at 8:40 am (2 years ago)

    am looking for a sponcor to further my post diploma thnk you

  8. AGANYIRA ARTHUR
    October 1, 2012 at 2:56 pm (2 years ago)

    can you help me get a corporate sponsor for aeronautical engineering in china?

  9. AGANYIRA ARTHUR
    October 1, 2012 at 2:58 pm (2 years ago)

    I need a sponsor please!!

  10. Apollo Nelson
    October 26, 2012 at 6:23 am (2 years ago)

    Really need it

  11. Jackson Lengume
    November 11, 2012 at 5:09 am (2 years ago)

    please, am in need of corporate sponsorship. i completed my o’level in 2009 in kenya and attaind a B- in KCSE.
    i would like to study degree in environmental science.

  12. nardos
    November 13, 2012 at 5:17 pm (2 years ago)

    hello, my name is nardos i am from ethiopia and i came in the united states to learn now i’m in high school and i can’t afford to pay for college and i want to know if any one would help me

  13. VICTORIA HENRY MASUE
    November 26, 2012 at 10:53 pm (2 years ago)

    hello my name is VICTORIA HENRY MASUE i am from Tanzania i real find a sponsor to pay for my diploma level at KCMUCo at Tanzania because am live with my grandparents and no one can save me to pay that fees i need 1.3 million per year so please help me because no good life without education in this would and i studing the faculty of MEDICAL LABORATORY. Thanks and GOD BLESS

  14. Leonida wanga
    January 4, 2013 at 2:01 am (2 years ago)

    Hae am leonida wanga a kenyan lady am in college i got credit in first term i need sponsorship so that to continue with my education this term please help

  15. analisa agustin
    January 22, 2013 at 9:52 pm (2 years ago)

    i am a pinay 18 of age i am looking for someone to send me to college cause my parents cant afford anymore my tuition.

  16. frank isack
    February 6, 2013 at 1:38 am (1 year ago)

    my name is frank from Tanzania,am looking for someone who can provide me with college fee atleast for one year

  17. martha
    February 27, 2013 at 12:31 pm (1 year ago)

    hey,is the Corporate Sponsorship for American only or includes foreigner students? if it is for American only, is there any programs for foreigner students

  18. igabebetty
    June 13, 2014 at 12:39 am (2 months ago)

    am augandan and would like to get a cooperate sponsorship

2Pingbacks & Trackbacks on How to Get Corporate Sponsorship to Pay for College

  1. [...] Wealth.The world did not end and the Carnival of Wealth continues … CareersFanny Seto presents How to Get Corporate Sponsorship to Pay for College posted at Living Richly on a Budget, saying, “Here is an alternative way to pay for [...]

  2. [...] insurance may be given to the both of you. Regarding aid for school, there's FAFSA, and PELL. You could also get a corporate sponsor. You could also inquire if your college has any programs that allows you to do work and be able to [...]