Kmart is a wholly owned subsidiary of Sears Holdings Corporation that, as of January 2011, had a total of 1,307 stores in operation throughout the continental U.S. and various U.S. territories. The Kmart corporation currently offers several different scholarships for those students wishing to go on to post-secondary institutions.

Kmart Pharmacy Scholarship

The Kmart Pharmacy Scholarship for Excellence in Community Pharmacy was established and first awarded in 2001 by the Kmart corporation. The scholarship is given out in memory of Yvette A. Beakes, who graduated from the University of Maryland's pharmacy program in 2000, but was murdered in 2001. The scholarship is awarded to students demonstrating financial need and academic achievement.

March of Dimes/Kmart Youth Scholarship

Kmart, in association with the March of Dimes organization, awards 10 high school seniors, selected nationally, a total of $2,500. The scholarship is given to those high school students who have made or contributed to some significant effort to help eliminate birth defects. The March of Dimes organization is a nonprofit group that is tasked with attempting to eliminate birth defects.

Kmart Kids Race Against Drugs

Kmart Kids Race Against Drugs scholarship is an event held to raise awareness about drug use, and is sponsored by the Kmart Family Foundation, an organization that has donated money to drug prevention programs like D.A.R.E. and M.A.D.D. There are three age groups for the event between the ages of 7 and 12, and a total of $75,000 is given out, with $10,000 going to winners in each age category.

Sears-Kmart-DECA scholarship

The Sears-Kmart-DECA scholarship is a scholarship given out to students who are employed by either Kmart or its parent company, Sears. There are a total of 20 scholarships of $1,000 awarded, and one scholarship of $25,000 given out each year. Applicants are required to be majoring in management, marketing or retail merchandising, and must demonstrate leadership skills.