Top Scholarships for Students Interested in Finance and Economics

Both finance and economics majors provide excellent career opportunities for graduate students. You can explore fields like accounting, banking, government, and research or start your own business. Regardless of your objectives, advanced critical thinking and problem-
solving skills are invaluable on any path. Nevertheless, pursuing such degrees requires extra expenses. Let’s examine additional ways to cover them.

Published over two months ago
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Reviewed by Raphi Shpitalnik

Several scholarships are available for students, including the Ritchie-Jennings Memorial Scholarship (up to $3,000 for fraud-related disciplines), the STEM Stars Actuarial Scholars Program (up to $20,000 for high-school students of color), and the Surety Bond Authority Scholarship ($1,500 for business-related degrees). Other opportunities include the ASMC National Scholarship Program ($3,000 for economics or finance majors) and Supermoney’s Financial Literacy Scholarship ($500 for creative finance calculator designs). The $10,000 “No Essay” Scholarship, open from April to July, offers a random selection for all US citizens or permanent residents.

Ritchie-Jennings Memorial Scholarship Program

This scholarship provides multiple awards worth up to $3,000 for college and graduate students. It is a perfect choice if you are pursuing a degree in fraud-related disciplines. However, other requirements may seem complicated. You must submit a scholarship application, official transcripts, and two letters of recommendation from your professors. The application requires an essay that often makes students fail. If you need assistance in editing and polishing your writing, a service specializing in requests like write my paper can become a lifesaver. Such websites also often post valuable tips, so don’t forget to check other helpful tools. The application deadline is February 7, so hurry up.

STEM Stars Actuarial Scholars Program

Fortunately, the application deadline is March 7, so you’ll have more time to work on your essay. You also need to submit an online application and a letter of recommendation. This scholarship supports high-school students of color, addressing the needs of minorities. The Actuarial Foundation is a nonprofit philanthropic organization that aims to recognize students’ achievements and promote diversity in the field. Therefore, multiple awards of up to $20,000 serve to cover education costs and help inspired students pursue their dreams. This scholarship is both need-based and merit-based, which means your GPA can’t be lower than 3.0.

Surety Bond Authority Scholarship

The application form for this scholarship will open on February 6 and close on April 6. This is a promising $1,500 opportunity for high-school and college students aimed at business-related degrees. However, you have to prove your dedication to the field by submitting a 500-1,000 word essay. School transcript also matters, but you’d better focus on a chance to tell your story. Although some apply for scholarships and even win without solid motivations, having one becomes an ultimate advantage. Reflect on your goals and explain how you’ll make this world a better place.

ASMC National Scholarship Program

The application deadline is March 31. Unlike our previous picks, this one is not merit-based and doesn’t require submitting an essay. Nevertheless, this $3,000 scholarship for high- school seniors still has several specific requirements. You must be a member of the American Society of Military Comptrollers to become nominated by your chapter president. You also must be a high-school senior or recent graduate seeking a bachelor's degree in economics or finance. Dedication to extracurricular activities is an advantage since you’ll need solid recommendations. This scholarship is designed for students demonstrating leadership qualities despite their financial issues.

Supermoney’s Financial Literacy Scholarship

High-school, college, and graduate students can apply anytime and win $500 if they share the organization’s mission. It aims to “help Americans improve their financial wellness through innovative financial tools and resources”. The task in the application form is corresponding: students are asked to design a finance calculator of their choice and explain their thought process. Applicants in previous years dealt with different tasks, but they also had to demonstrate their dedication and creativity. Other requirements include being a citizen or permanent resident of the US, uploading an enrollment verification document, and having an average GPA not lower than 3.0.

$10,000 “No Essay” Scholarship

The application form for this scholarship will open on April 30 and close on July 31. It is available to students of all grade levels, including adult learners who want to update their knowledge. Literally all citizens or permanent residents of the US can apply and get a chance to be selected by random drawing. This is what differs this financial aid from other scholarships based on students’ merits and needs.

To conclude

Covering all promising opportunities is hardly possible, so you can continue the research if nothing has caught your eye. Last advice: rely on your strengths and apply to a scholarship destined specifically for you. Have you noticed how the requirements vary? While some ask you to tell a story, others want you to design a calculator!

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