Look into the many scholarships offered by the industry to finance majors if you’re having trouble saving money for college.
America’s financial institutions, investment businesses, and banking associations have set aside funds to assist students pursuing this lucrative career. Finance is the seventh-best major, with a mid-career median pay of $101,000, according to Kiplinger’s Personal Finance. A projected 15.5% annual growth in jobs over the next ten years will result in an additional 1.7 million job advertisements in the banking sector. BBA or MBA students majoring in finance have the following employment options:
- Investment Analyst
- Quantitative risk analyst
- Branch manager
- Personal financial advisor
- Hedge fund manager
- Internal auditor
- Actuary
Ranking the Best Finance Scholarships Available
1. AFWA Foundation Master’s Scholarship
The deadline is April 1st.
Through 14 financial scholarships, including the Master’s Scholarship, the Accounting & Financial Women’s Alliance Foundation grants $22,200 annually. Women pursuing graduate degrees at recognized American universities meet the following requirements:
- An MBA
- Master of Science degree in finance
- A master’s degree in accounting
A cumulative GPA greater than 3.0 is required. The application packet needs to contain:
- Official transcripts
- Recommendations from AFWA chapter members.
- A 250-word essay on professional objectives.
Contact
Scholarship for Masters from the AFWA Foundation
Harrodsburg Road, 2365 (A325 )
40504 Lexington, KY
(800) 326-2163
Afwa.org / ericka.harney@
2. Association of Insurance Compliance Professionals Scholarships
The deadline is June 3rd.
Three Association of Insurance Compliance Professionals (AICP) Scholarships, each worth $1,500, are awarded each year. Each is worth a total of $1,500. These apply to full-time university students whose declared majors are:
- Financial Economics
- Risk management
- Actuarial science
Requirements for eligibility include:
- Achieving a minimum of a sophomore standing
- Possessing a 3.0 or higher cumulative GPA
- Taking on positions of leadership in extracurricular activities
- To enter the insurance compliance field
- AICP members and their families have priority.
Make contact
Association of Compliance Professionals in Insurance Scholarships
Sunset Hills Road, Suite 130, 12100
Reston, Virginia (2019)
703-234-4074
3. Bernie Johnson Memorial Scholarship
Last day: May 31st
AMAC, the Airport Minority Advisory Council, grants the Bernie Johnson Memorial Scholarship, which is funded by the Charlotte Trade Foundation. There is a $2,000 scholarship available. Undergraduates pursuing majors in any of the following fields are eligible:
- Accountancy
- Finance
- Engineering
- Aviation business
Americans who qualify must:
- Enroll full-time in recognized colleges.
- Take part in the AMAC Student Program.
- Demonstrate a sincere interest in the airport sector.
- Exhibit a minimum cumulative GPA of 2.5.
Make contact
Scholarship in Honor of Bernie Johnson
Southeast Suite 600, 100 M Street
Washington, DC 20003.
(703) 414-2622
4. Brandes Investment Partners Scholarships
The deadline is June 15th.
Benjamin Graham founded the renowned asset management company Brandes Investment Partners, L.P. It provides aspiring investors with five $4,000 scholarships each year. Applicants should be 18 to 22-year-old finance majors who require financial aid to pursue an authorized U.S. college degree. A 16-scenario multiple-choice investing personality test must be completed as part of the application procedure. A brief essay question must also be answered accurately by them.
Make contact
Scholarships offered by Brandes Investor Partners
El Camino Real Suite 600, 11988
92130 San Diego, California
(858) 755-0239
At brandes.com, brandesscholarshipus
5. Daniel B. Goldberg Scholarship Program
Last day: February 10th
The Daniel B. Goldberg Scholarship Program, which offers generous $13,000 prizes, is jointly presented by the Government Finance Officers Association and the Girard Miller Foundation. This scholarship is among the largest in finance. It helps full-time students who want to work in finance in the public sector to fund graduate programs in the US or Canada. Applications need to contain:
- A list of prior government experiences
- Recommended career plan, transcript, and dean’s letter of recommendation.
Make contact
Scholarship Program Daniel B. Goldberg
La Salle Street, 203 N., Suite 2700
60601 Chicago, IL
(312) 977-9700
email address: [email protected]
6. Finance Executives International Scholarship
Last day: February 24
The Finance Executives International Scholarship provides financial and accounting students with funding through the Silicon Valley Community Foundation. They have to be enrolled full-time in recognized Northern California business schools. Up to three $3,500 financial scholarships are awarded annually by the non-renewable fund. Candidates that meet the qualifications need to:
- Own over 60 college credits and are approaching their junior year.
- Show leadership in one or more professional activities and show academic merit with a minimum GPA of 3.0.
Make contact
Scholarships for International Finance Executives
South El Camino Real 1300, Suite 100
San Mateo, California 94402
(650) 405-5487
@juno.com/goverholtzer
7. Griffith Insurance Education Foundation Scholarships
Deadline: November 1st or March 1st
The Griffith Insurance Education Foundation awards fourteen scholarships, each worth $1,000 to $6,000, every two years. Outstanding undergraduate or graduate students who have a sincere interest in the field of risk management are awarded these scholarships. Full-time matriculation at recognized U.S. universities qualifies. They need to be majoring in: and in excellent academic standing.
- Majors in insurance actuarial science, finance economics, or a related field
- Remember to turn in a 500-word essay, typed, outlining how you plan to influence the insurance business.
Make contact
Scholarships offered by the Griffith Insurance Education Foundation
Suite 100 at 720 Providence Road
Malvern, Pennsylvania 355
855-288-7743
8. Hale Kaua’i Scholarship in Memory of Samuel W. Wilcox II
January 31st is the deadline.
In Honor of Samuel W. Wilcox II, the Hale Kaua’i Scholarship is awarded. Under the Hawaii Community Foundation, it is managed as one of the 225 funds. It gives undergrads specializing in the following at least $1,000:
- Budgetary
- Accountancy liberal arts business administration
Potential citizens of Aloha State need to:
- Having unfulfilled financial obligations
- Carry at least 12 credits every term and maintain a minimum B average when attending accredited nonprofit U.S. universities.
Get in touch
In Honor of Samuel W. Wilcox II, the Hale Kauai Scholarship
Fort Street Mall, 827.
Hawaii’s Honolulu 96813
(808) 537-6332
scholarships at hcf.org.
9. Herman Lerdal and Joyce Hazeltine Scholarships
Last day: March 4th
Two $3,000 scholarships are given out: the Herman Lerdal and the Joyce Hazeltine. The South Dakota Bankers Association awards them annually as financial aid. South Dakota four-year universities with accreditation can accept juniors or seniors. They ought to be learning, studying, studying:
- Business
- Finance
- Economics
- Similar fields
Applications are available at establishments such as:
- The University of South Dakota
- Black Hills State University, University of South Dakota.
Get in touch
Scholarships awarded by Joyce Hazeltine and Herman Lerdal
Missouri Avenue, 109 West
57501 Pierre, SD
(605 224-1653)
10. John W. Rogers Memorial Scholarship Fund
End date: March 10th
The Scholarship Fund established by the Missouri Bankers Foundation in honor of John W. Rogers. For the next round of banking leaders in the Show-Me State, it provides $1,000. Required credentials consist of:
obtaining a high school degree and intending to study full-time in university courses linked to finance that are supported by member banks
The University of Missouri–Columbia Trulaske College of Business gives preference to entering freshmen.
Get in touch
The scholarship fund named for John W. Rogers
Capitol Avenue East 207
Missouri 65101, Jefferson City
(573) 636-8151
11. Matt Fong Asian Americans in Public Finance Scholarship
The deadline is July 1st.
California’s former state treasurer is honored with the Matt Fong Asian Americans in Public Finance Scholarship. It gives two undergrads studying these subjects $2,500 a year.
- Areas connected to political science
- Business
- Finance
- Accounting
- Public policy
It’s intended for Golden State students pursuing their studies. The jury committee anticipates:
- A minimum GPA of 3.0
- A minimum of 50% Asian descent
- Sophomore status or higher
- A serious financial need.
Make contact
Matt Fong Scholarship for Asian Americans in Public Finance
California Street and 465, Suite 809
CA 94104, San Francisco
(415) 395-9985
12. Native American Finance Officers Association Scholarships
Time: varies
Members of American Indian and Alaska Native tribes are eligible to apply for a number of scholarships administered by the National American Finance Officers Association. They have to be majoring in business-related subjects like finance. The recipients need to:
- Sustain full-time enrollment with 12 or more credits at a postsecondary accredited in the United States.
- Possess at least 25% Indian ancestry and at least junior standing.
The scholarships have a value between $1,000 and $20,000.
Make contact
The scholarships offered by the Native American Finance Officers Association
Suite 500, 1101 Thirteenth Street NW
20007 Washington, DC
Call (202) 407-2368.
13. PM Business Advisors’ Striving for Greatness Scholarship
The deadline is July 1st.
The Striving for Greatness Scholarship was established by PM Business Advisors to provide $2,500 for college tuition to deserving accounting and finance majors. In order to be qualified, applicants must:
- Possess a cumulative GPA of at least 3.0.
- Be citizens or permanent residents of the United States.
- Enroll full-time in authorized B-schools.
- Plan to sit for the Uniform CPA exam, and demonstrate leadership skills through active participation in volunteer work.
Make contact
Scholarship for Striving for Greatness by PM Business Advisors
Penn Plaza 14, Suite 1800
10122 New York, NY
Call (212) 835-2218.
PMBusinessAdvisers.com/Information
14. Richard D. Wiegers Educational Scholarship
The deadline is April 1st.
Richard D. Wiegers Educational Scholarship: This $1,000 scholarship is sponsored by the Illinois Real Estate Educational Foundation. The creator of D&D New Home Sales, who assisted in building hundreds of homes in the Greater Gateway, is honored by this. Applicants must reside in Illinois and meet the following requirements in order to be considered:
- Law
- Sales
- Business finance, or similar fields
Students who want to work in real estate must make plans to do so.
The Roxane Malo Leadership Scholarship is also available to finance majors.
Make contact
The Educational Scholarship of Richard D. Wiegers
PO Box 2607
IL 62708, Springfield
(866) 854-7332
Clayton.L. [email protected]
15. Ritchie-Jennings Memorial Scholarship Program
End date: January 27.
A terrorist incident in Pakistan claimed the lives of two CPAs employed by Union Texas Petroleum Holdings Inc.; they are remembered through the Ritchie-Jennings Memorial Scholarship Program. Association of Certified Fraud Examiners is the sponsor of the scholarship. The Foundation offers free membership to finance majors each year, in addition to $1,000, $2,500, $5,000, and $10,000 in scholarships. Interested parties should:
- Participate in four-year U.S. institutions demonstrate.
- A strong interest in anti-fraud professions by requiring at least six credits per term.
Get in touch
The scholarship program named after Ritchie-Jennings
716 West Avenue
Austin, Texas 78701
(512) 478–9000
[email protected] Scholarships
16. Rolf S. Jaehnigen Family Scholarship
Cutoff date: February 15th
Scholarships for the Rolf S. Jaehnigen Family are awarded by the Institute of Management Accountants Memorial Education Fund. College juniors and seniors who have declared majors in any of the following fields are given $1,000 every spring:
- Systems for accounting
- Financial data
In order to meet eligibility requirements,
- With an IMA student membership
- Carrying at least six credits every term
- Cumulative GPA greater than 3.0 with the intention of sitting for the CMA exam.
Get in touch
Family Scholarship in Honor of Rolf S. Jaehnigen
Suite 1 at 10 Paragon Drive.
NJ 07645 – Montvale
(201) 573-9000
17. TD Ameritrade NextGen Scholarships
May 31st is the deadline.
TD Ameritrade finances the NextGen Scholarships in its capacity as an online stock broker. Twelve gifted individuals pursuing bachelor’s degrees in financial planning at business schools are given $5,000 annually. A institution with a well-established program that has been approved by the CFP will receive an extra $50,000 grant. Students enrolled in authorized four-year U.S. universities who are freshmen, sophomores, and juniors are eligible. To apply, they need to have a strong academic record.
For female and minority students, there are two Diversity Scholarships available.
Make contact
NextGen Scholarships from TD Ameritrade
108th Avenue South, 200
68154 Omaha, NE
Call (800) 934-6124.
Thanks to [email protected]
18. Tim Smith Memorial Student Scholarship
Final date: May 18.
The former Colorado State Lottery deputy director is honored with the Tim Smith Memorial Student Scholarship. The $1,000 award is provided by the Colorado Fiscal Managers’ Association. It assists majors in:
- Bookkeeping and finance
- Financial oversight
Potential candidates will:
- Dwell in Colorado
- Plan to continue living in the state after graduation
- Have finished their first year of college and can demonstrate need.
Make contact
The Tim Smith Memorial Student Scholarship
Level 5 of 1525 Sherman Street
80203 Denver, Colorado
(303) 866–2140
COFiscalManagers at Gmail
19. UNCF/Carnival Corporate Scholars Program
The deadline is January 13.
Two $5,000 need-based scholarships are offered by Carnival Corporation in collaboration with the United Negro College Fund. Students from ethnic minorities around the country who show an interest in the hospitality industry are eligible to apply. Suitable majors consist of:
- Business Marketing
- Finance
- Hospitality management
- Tourist communications
Those who qualify must:
- Be second-year college students at recognized four-year universities
- Possess a minimum 2.75 grade point average.
- Be citizens or nationals of the United States.
Make contact
Program for Corporate Scholars at UNCF/Carnival
Seventh Street NW, 1805
20001 Washington, DC
(202) 810-226-226
@uncf.org / Tawanna.Lee
20. William B. Brandt Memorial Scholarships
Final date: January 31st
In recognition of his 25 years of service to the Nebraska Bankers Association, the William B. Brandt Memorial Scholarship is offered. The awards nine intelligent Cornhusker State citizens who are enrolled full-time in public or private Nebraska colleges $2,000 a year. Known schools consist of:
- Northwestern University
- Chadron State College
- Midwest University
During their BBA program, eligible juniors and seniors who want to work in banking must have a minimum 3.0 GPA with an emphasis on:
- Accounting
- Finance
- Economics
Contact
Scholarships in Honor of William B. Brandt
South 13th Street, Suite 700, 233
68501 Lincoln, Nebraska
(402) 474–1555