Nonprofit, online WGU Washington is now offering a scholarship program for new students enrolling in any of the university’s undergraduate degree programs in its College of Business. Applications are now being accepted for the Excellence in Business Scholarship, which provides up to $3,000 ($600 per six-month term, up to five terms). In addition, the $65 university application fee will be waived for those applying for the scholarship by Aug. 31.

To be eligible, scholarship applicants must be officially admitted into one of WGU Washington’s undergraduate business degree programs, complete the scholarship application, and be interviewed by a university scholarship counselor. Recipients will be selected based on their academic records, financial need, and readiness for online study at WGU Washington.

WGU Washington’s College of Business currently has more than 4,100 students in communities all over the state. The university’s business degree programs have been developed in collaboration with industry leaders to ensure that students gain the knowledge and skills that today’s employers need.

WGU Washington uses an innovative approach called competency-based education, which measures learning rather than time spent in class. Competency-based education is a good fit for working business professionals because it allows them to study and learn at their own pace and advance as soon as they have mastered course materials. Students have 24/7 access to their course materials, and faculty members provide one-on-one support. Terms are six months long, and students pay a flat rate of $3,000 per term for most programs, regardless of the number of courses completed. Because WGU Washington programs are self-paced, many students are able to accelerate their studies, finishing their degree sooner, which saves them both time and money. As a result, the average time to complete a bachelor’s degree at WGU Washington is less than three years.