Eligibility Criteria: 1) Must be a child of a full-time employee of the Pepsi Beverages Company located at 3700 Kraft Avenue. Employee must be actively employed with the company for at least one year prior to the application deadline date. 2) Must be accepted at an accredited college or university. 3) Must have a minimum 3.0 GPA. 4) Must be planning to pursue a 2 or 4 year degree. 5) Must provide a letter of recommendation from an individual who is not a family member. 6) Student will be evaluated on essay content. 7) Student may apply each year for this scholarship; however cannot receive scholarship more than two times.