Santander US today announced the launch of two new scholarship funds totaling $3.25 million, part of a larger, $25 million commitment reinforcing its deep commitment to supporting educational access and opportunity. This major investment includes the launch of Santander Open Scholarships, available through Santander Open Academy – a global online learning platform offering 100% free educational content, upskilling resources, and career development tools to learners worldwide.
Open Scholarships are open to U.S. citizens or eligible non-citizens who intend to be full-time undergraduate students enrolled at any accredited 2- or 4-year institution in the United States. Applications will be received and reviewed over the course of the 2025-2026 school year with scholarships being awarded and disbursed for the 2026-2027 school year and beyond. Scholarships will be awarded based on a combination of academic merit and financial need, with selected students receiving up to $20,000 each, depending upon year in college.
The first application window is open from August 1, 2025, through December 1, 2025, and is intended for rising freshmen, sophomore, and junior year college applicants for the 2025-2026 school year. A second application period will begin in 2026, expanding eligibility to include high school seniors preparing to enter college in Fall 2026, alongside continuing undergraduates.
To help deliver the scholarship program, Santander has partnered with uAspire, a nationally recognized nonprofit leader in college affordability and access. With decades of experience supporting students in navigating the college financial aid process, uAspire will assist with the selection and distribution of scholarship funds.
In addition to Open Scholarships, Santander US is also funding over 700 scholarships that will be dedicated to students enrolled at partner institutions. These scholarships will directly support students within the organization’s academic network across the U.S., further strengthening its long-standing global investment in higher education.
Santander’s global workforce report, “Tomorrow’s Skills”, finds that college graduates feel better prepared to enter the workforce, with their higher education helping to lay a solid foundation for continued learning and growth. The report reveals many Americans feel unprepared for the ever-changing job market, and while there is a desire for ongoing training, cost is cited as the main barrier to acquiring and upgrading skills as an adult.
Santander has been helping people and businesses prosper for over 28 years through education, employability, and entrepreneurship. The launch of these scholarship funds through the Santander Universities program in the U.S. builds on Santander’s commitment to provide access to world-class resources and support for continuous education.
To apply or learn more about Open Scholarships, including eligibility and details, click here.