How Could Finance Scholarships Help Pay For Your College?

An accounting, economics, statistics, and math major studies finance. These fields reinforce the expertise in financial management that propels business and customer earnings. An array of high-growth occupations may become accessible to you when you finish with a bachelor’s degree in finance. A finance degree could be paid for in part by applying for a variety of financial scholarships.

Unrestricted funds that assist in defraying the expense of a degree are awarded as college scholarships. Award sums could also be used to cover your lodging and board, as well as tuition and fees. For as long as your degree program lasts, these could be renewed.

Potential recipients of these grants could be business majors pursuing a finance minor at universities with a business college. Make sure to look into the Government Finance Officers Association, or GFOA, too. With several yearly programs, they offer financial support. In addition to being excellent sources of financial aid, nonprofit organizations, and private businesses also depend on prudent financial management.

10 Scholarships for Finance

Look for scholarships that you could be eligible for with a finance major. Verify your qualifying conditions again, then apply for the scholarship before the deadline. Getting these honors could be more worthwhile than taking out school debt.

1. Government Finance Professional Development Scholarship
2. MPOWER Financing’s Global Citizen Scholarship
3. 1st Financial Bank USA Financial Goals Scholarship
4. Matt Fong Asian Americans in Public Finance Scholarship
5. The Dan Calugar Finance Scholarship
6. Wells Fargo American Indian Scholarship
7. GFOA Minorities in Government Finance Scholarship
8. Rabo AgriFinance Scholarship
9. Daniel B. Goldberg and Miller Public Finance Scholarship
10. Ritchie-Jennings Memorial Scholarship Program

What Types of Scholarships for Finance Students are Available 

A variety of scholarships may be available to college students studying finance and business administration. These scholarships could go to deserving college students or those with unmet financial needs in addition to your finance major. Your degree program in finance, membership in a professional society, and a minimum GPA are additional requirements.

Your extracurricular activities, community service, and academic accomplishments may also be inquired about. Studying a given major, such as actuarial science, public finance, risk management, or insurance, might be required. Typically, you must also be enrolled full-time or part-time in school.

Finance Scholarships for High School Seniors

There are scholarships available for your final year of high school, regardless of whether you want to enroll in a four-year institution or a community college. Applying for the US Bank Student Scholarship is a great way to demonstrate your financial literacy. You can finish quick online courses on budgeting and student loan management. all in an attempt to win a maximum of $20,000.

Scholarships for Master’s and PhD in Finance  

Financial graduate students can apply for a variety of fellowships and scholarships. An available fellowship is the AICPA Fellowship for Minority Doctorate Students. It’s for prospective CPAs who are enrolled in PhD accounting programs or want to enroll in them, and who are also minority students.

Finance Scholarships for Minority Students

For students of color studying finance, there are awards. The American Indian Education Fund offers grants to Native American students. Applying for scholarships up to $2,000 requires a 2.0 GPA. Spanish Heritage Youth Awards are a good resource for Hispanic youngsters. These are reserved for seniors in high school who demonstrate excellence in business and finance.

For students who identify as African American, be sure to review what the United Negro College Fund has to offer. Through its partnership with HBCUs, UNCF offers the Smartwool Scholarship as one of its initiatives. Ten need-based scholarships for finance majors from North Carolina and Tennessee will be given out to college students.

Women in Finance Scholarships

Also reserved are scholarship monies for female finance professionals. A single prize is known as the AFWA Master’s Scholarship Foundation. A minimum GPA of 3.0 is required to be eligible. Finance and accountancy are acceptable majors. For female students who have completed at least 60 college credits, AFWA also gives an undergraduate award. A 3.0 GPA is also necessary. One must be an undergraduate student enrolled full-time.

Banking Scholarships

Finance scholarships are provided by numerous international investment banking companies. An MBA Fellowship is provided by Goldman Sachs. Worth $35,000 plus a sign-on bonus, if appropriate, and it is intended for graduate students. Also, there are financial scholarships available for students pursuing degrees in banking-related fields or particular states. The Missouri Bankers Association provides a resource for students in Missouri. Each year, $1,000 is awarded as part of the MBA InternConnect Scholarship. Candidates must either be Missouri residents or enrolled in a recognized Missouri college.

Tips to apply for Scholarships in Finance.

There may be competition for financial scholarships, so use these useful hints to position yourself for success.

1. Organize your internet personas.

Ethics and trust are essential for many financial occupations. When evaluating applications, several universities and other organizations look through social media accounts.

2. Study grants according to your objectives, interests, and finance major.

Numerous associations for professionals grant annual scholarships in finance. For any prize you intend to apply for, note the deadlines. Do some study in the interim so you can demonstrate to the sponsoring organization how your objectives align with theirs.

3. Remember to meet deadlines.

Keep your applications organized and make a timeline. Consider planning time to gather your application paperwork and submit the FAFSA.

4. Give all the required data and paperwork.

A list of details is common in an application. Essay length and file format (PDF, Word Doc, etc.). To avoid being eliminated, follow the guidelines.

5. Tell your narrative and be true to yourself.

If you must write an essay, write it with professionalism and authenticity. Consider it as a written job interview in which you should highlight your qualifications and tell the reader why you should be awarded the scholarship.

6. Check everything for errors.

Verify your spelling and word choice—such as “there” vs. “their”—before pressing the submit button. Get a teacher, mentor, coach, or other reliable person to proofread your application and essay.

7. Make copies of your application and essay, but avoid cutting, pasting, and reusing.

Rather than utilizing the same essay twice, you should customize your responses for every scholarship application. If your application is misplaced in the mail, it is a good idea to preserve copies of it.

List of Finance Scholarships

Take a look at our selection of 39 $12K financing scholarships.

Richard D. Wiegers Scholarship For Undergraduate Students

An eligible Illinois resident pursuing a college degree in business, law, finance, or a graduate school in business is eligible to apply for the $1,000 Dick Wiegers Scholarship Fund from the Illinois Real Estate Foundation.

• Total:  $1000
• Award: 01
• Deadline:  April 01

Richard D. Wiegers Scholarship For Graduate Students

An Illinois resident who meets the requirements and is enrolled in a graduate program in business, law, or business education can apply for the $1,000 Dick Wiegers Scholarship Fund, which is offered by the Illinois Real Estate Foundation to qualifying students.