High school seniors in the class of 2014 still have time to apply for scholarships offered by the National Federation of Independent Business (NFIB) Young Entrepreneur Foundation. The new deadline for applications is January 6, 2014, giving eligible applicants an extra couple of weeks to complete their applications over the holidays.

Each year, the NFIB Young Entrepreneur program offers non-renewable scholarships that recognize young people who have demonstrated entrepreneurial spirit and initiative with college scholarship, ranging in value from $1,000 to $10,000. The program was established to raise awareness among the nation's youth of the critical role that private enterprise and entrepreneurship play in the building of America.


Applicants for the NFIB Young Entrepreneur Awards must be graduating high school seniors who are entering their freshman year at an accredited two- or four-year university, college, technical or vocational institute in the fall of 2014. They must also demonstrate entrepreneurial spirit and initiative by having established a business of their own.

What do students need to know?

* Applications will be accepted through the end of the day on January 6, 2014.

* The independent selection committee will review all applications and select semi-finalists. Semi-finalists will be notified by the end of January.

* Semi-finalists must be interviewed by an NFIB member, who will be assigned to each semi-finalist.

* The award recipients are selected by an independent scholarship organization. Scholarships are merit-based, not based on financial need.

The NFIB Young Entrepreneur Foundation is committed to educating young people about the critical role of small business and the American free enterprise system. Since 2003, the NFIB Young Entrepreneur Foundation has awarded more than 2,400 scholarships to graduating high school seniors totaling more than $2.6 million.

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