It’s getting harder to earn Gen Z’s attention, and even harder to earn their trust. They’ve grown up with endless choices, instant content, and a sharp eye for anything inauthentic. But there’s one thing they never scroll past: real opportunity. 

That’s where scholarships come in. 

More than goodwill, a branded scholarship tells the next generation what your brand stands for and who it stands behind. Done right, it becomes a bridge between your purpose and your audience, offering real value to real people in a way traditional marketing can’t match. 

This guide breaks down how to create a branded scholarship that doesn’t just check a Corporate Social Responsibility (CSR) box, but actively builds your brand, builds community, and builds trust with the people who matter most. 

1. Why Scholarships Work for Brand Marketing 

ScholarshipOwl

Gen Z doesn’t want to be sold to; they want to be seen and supported. Scholarships position your brand as an enabler of their goals and not just a promoter of your own. 

3 Reasons Scholarships Resonate with Gen Z
  • Authenticity: They see scholarships as a signal of real values, not manufactured marketing. 
  • Social Proof: Seeing others win makes your brand more approachable and aspirational. 
  • Access & Equity: Supporting education signals that your brand is committed to inclusion and upward mobility. 

76% of Gen Z say brands should take action to help them succeed personally, not just sell products. (Source: Edelman Trust Barometer

2. Design Your Scholarship Around Your Brand’s Purpose 

Think of your scholarship as a brand campaign with heart. It should reflect who you are, what you stand for, and who you serve. 

Checklist: Aligning Brand + Scholarship 

 
☐ What is your brand’s mission or vision? 
☐ What customer or community do you want to elevate? 
☐ What future do you want to help shape? 

Examples: 

  • A sustainability brand → “Green Futures” Scholarship 
  • A fintech platform → “Next-Gen Money Leaders” Scholarship 
  • A fashion retailer → “Design the Future” Scholarship for BIPOC creatives 
Talking Rain, manufacturer of Sparkling Ice, and a Kaleidoscope customer, uses“ Flavorful Futures” for its scholarship name.  

Pro Tip: Name your scholarship like a campaign, not a corporate program. Make it aspirational, specific, and aligned with your values. 

3. Promote It Like a Product Launch 

Don’t bury your scholarship on a subpage of your website. Launch it with the same energy as you would a major product drop. 

Content Launch Kit
  • Teaser Video: 30-60 seconds of “Why We Created This Scholarship” 
  • Social Countdown: Build anticipation with a launch date and sneak peeks 
  • Live Q&A: Go live on Instagram or TikTok to explain how to apply 
  • UGC Prompt: Encourage students to tag friends who should apply 
@bubble

Why is a skincare company launching a scholarship? Because our community is everything to us. The Face the Future Scholarship was created to help our community face real financial issues in these challenging times. We’re awarding up to $10K in financial aid to passionate students, regardless of their grades or GPAs. Our goal is to recognize the types of leadership, creativity, and humanity that don’t always show up in transcripts. If you feel like the world is telling you to wait your turn, we’re here to tell you: YOUR TIME IS NOW, AND WE’RE HERE TO HELP. The Face the Future Scholarship is open to the public for any current/prospective college student who is – Based in the U.S. – 18+ years of age Apply now at hellobubble.com/pages/face-the-future!!

♬ original sound – Bubble Skincare
Bubble Skincare, a Kaleidoscope customer, uses TikTok to advertise their scholarship program and explain why they created it.


Students who engage with scholarship-related content are 2–3× more likely to follow your brand on social media, sign up for newsletters, or explore other offerings. 

4. Capture and Share Impact Stories 

The marketing ROI of a scholarship doesn’t stop at the award; it grows as recipients succeed. 

How to Leverage Stories for Brand Building 
  • Interview recipients about their goals, backgrounds, and dreams 
  • Create short-form video testimonials or mini-documentaries 
  • Package their stories into blog posts, reels, or media pitches 
  • Use visuals to share the human impact (e.g., “Meet Our Scholars” grid) 
Taco Bell Foundation, a Kaleidoscope customer, creates videos that highlight their scholars’ award acceptance and showcase their accomplishments.

Example: 
A travel brand’s “World Explorers” scholarship featured a series called Where Are They Now?, showcasing recipients studying abroad and tagging the brand on every stop. 

5. Measure the Brand Benefits 

Unlike typical ad spend, scholarships produce both emotional and tangible returns. 

Scholarships drive engagement and trust, two metrics money can’t always buy in a digital-first world. 

6. Build the Relationship Beyond the Award 

Don’t let the connection end with a congratulatory email. Use the scholarship as a starting point for a long-term community. 

Tactics to Keep Scholars Engaged 
  • Invite recipients to join private groups or ambassador programs 
  • Feature them in brand campaigns or product testing 
  • Offer mentorship, internships, or networking opportunities 

 
“I applied for the scholarship. I stayed for the community.” 
— 2024 Live Más Scholar

Your Next Move 

✅ Draft your scholarship concept in 3 sentences: who it’s for, what it funds, and why it matters 
✅ Outline a content calendar for pre-, during-, and post-launch 
✅ Start collecting Gen Z feedback. Ask them what kind of scholarships they wish existed 

Final Thoughts 


If your brand wants to reach Gen Z, skip the low-performing banner ads. Start a scholarship. It’s high-impact, high-trust, and built for long-term relationship-building, not just impressions. 

At Kaleidoscope, we help brands build scholarship programs that are purpose-aligned, application-ready, and simple to manage. If you’re thinking about launching a scholarship that supports students and tells your story, let’s talk. 

Help students reach their full potential