Majoring in finance is very popular, and for good reason. According to the NACE 2024 report, finance graduates are seeing higher-than-projected starting salaries at $63,907 and ranking among the top 10 most in-demand majors with employers. There’s a lot you can do with a finance degree, and the job outlook is looking good. Not to mention, it’s a major with many scholarship opportunities. Here are 10 finance scholarships available right now to help finance your degree:
10 Scholarships for Students Pursing Finance
1. ASSOCIATION OF INSURANCE COMPLIANCE PROFESSIONALS SCHOLARSHIP (AICP)
- Award Amount: $2,000
- Deadline: May 16
If you are a finance major interested in insurance, and you demonstrate financial need, you can apply for this $2,000 scholarship award. Eligible students must obtain a minimum 3.0 GPA, exhibit leadership potential in extracurricular activities, have completed 50% of their college coursework, and be a full-time student. Note that your dedication to the insurance industry will be evaluated.
2. WOMEN IN FINANCE SCHOLARSHIP
- Award Amount: $20,000
- Deadline: May 30
This scholarship is for any female graduate student who is pursuing a career in the field of finance. Think you might be eligible? You can reside in any country, but you must be enrolled in a full-time PhD or Master’s program, and you must have less than 10 years of total work experience.
3. TIM SMITH MEMORIAL STUDENT SCHOLARSHIP
- Award Amount: Up to $1,000
- Deadline: May 31
Administered by the Colorado Fiscal Managers’ Association, the Tim Smith Memorial Student Scholarship offers $1,000 to students majoring in finance and financial management through a public state-supported college. Note that students who apply must be residents of Colorado and intend to pursue a career in their home state after graduation.
4. GEORGE HARDING SCHOLARSHIP PROGRAM
- Award Amount: $1,000
- Deadline: July 1
If you are a finance major in Michigan, you might just win $1,000 to help pay for school! Founded in 1984, the George Harding Scholarship Program supports students seeking a career related to banking. To apply, you must have at least a 3.0 GPA, be a full-time student at a Michigan college, demonstrate leadership qualities, and be pursuing a degree related to banking. The program only awards the money after you have successfully completed your sophomore or junior year of college. You will need to describe the following on the application: your campus and community involvement, your leadership experience, and your banking experience.
5. FINANCIAL FUTURES SCHOLARSHIP
- Award Amount: $1,000
- Deadline: July 31
Calling all students who plan to work in personal finance (i.e., business, accounting, finance, mathematics, and management)! To apply, you must be a current or future college student, and you must demonstrate outstanding academic excellence with a GPA of 3.5 or higher. You will also need to submit a 500- to 900-word essay titled “How I Will Impact The Finance Industry.”
6. NSHSS FOUNDATION BUSINESS & PUBLIC POLICY SCHOLARSHIP
- Award Amount: $1,000
- Deadline: September 22
If you are a high school student (any grade!) with a GPA of 3.5 or higher and have hopes to make a positive difference in the world through business, finance, or public policy, then this scholarship is for you. To apply, you’ll need to submit the following: a resume, letter of recommendation, high school transcript, color headshot, and a 500- to 800-word essay answering the following prompt: What inspires you to choose business, finance/economics, or public policy as your major? Provide examples of your dedication and passion to your chosen field.
7. RITCHIE-JENNINGS MEMORIAL SCHOLARSHIP PROGRAM
- Award Amount: $10,000 / $7,500 / $5,000 / $2,000
- Applications Open: in September
This scholarship was established in 1992 to offer financial aid to students studying fraud. If you are a finance student who is interested in a fraud-related career, you could win up to $10,000 to help finance your degree. All applicants will be evaluated based on their interest in fraud, letters of recommendation, and academic achievements.
8. GOLDBERG-MILLER PUBLIC FINANCE SCHOLARSHIP
- Award Amount: $30,000
- Applications Open: in November
The Government Finance Officers Association (GFOA) sponsors the Goldberg-Miller Public Finance Scholarship. This scholarship supports students pursuing a career in either local or government finance. Requirements for this scholarship include enrollment as a full-time graduate student and a letter of recommendation that speaks highly of your involvement in the public sector. No employment is required.
9. CLARK BURRUS PUBLIC SERVICE ACADEMIC SCHOLARSHIP
- Award Amount: $10,000
- Applications Open: in November
Sponsored by the Government Finance Officers Association (GFOA), this scholarship was created for minority students who plan to work in state or local government finance. Eligible applicants must be full-time or part-time students and provide a letter of recommendation that speaks specifically to their work in the public sector. No employment is required.
10. SUPERMONEY’S FINANCIAL LITERACY SCHOLARSHIP
- Award Amount: $500
- Deadline: Open All Year
Do you have the desire to help others reach their financial goals? If so, this scholarship is for you! Any high school senior or college student with a GPA of 3.0 or higher can apply. You’ll just need to upload your transcript and design a finance calculator that can help others improve their financial wellness. You’ll need to submit mockups, descriptions of your thought process, and explain how the calculator functions.
If you’re a finance major and looking for ways to fund your education, these scholarships are a great place to start. And if you want to find even more scholarships tailored to you, use College Raptor’s Scholarship Search Tool to discover more opportunities. Oh, did we mention it’s free? Get started today!
