Advancement of Minorities in Finance Scholarship

Funded by
$1,500
3 winners, $500 each
Awarded
Application Deadline
Jul 15, 2024
Winners Announced
Aug 15, 2024
Education Level
Undergraduate
Eligibility Requirements
Education Level:
Undergraduate student
Race:
BIPOC
Background:
Financial need
Field of Study:
Finance, business, or a related major

The financial industry has an underrepresentation of minorities, hindering the continued progress and growth of the field.

Pursuing fields that lack diversity can feel isolating for minority students, leading many to pursue other fields and continuing the cycle of underrepresentation. Industries flourish when the best and brightest minds, regardless of background, come together to use their unique experiences to solve problems, think creatively, and innovate. 

This scholarship seeks to support underrepresented students as they pursue their dreams through higher education.

Any BIPOC undergraduate student who has financial need and is pursuing finance, business, or a closely related major may apply for this scholarship.

To apply, tell us about yourself, your family needs growing up, how you were inspired to pursue business or finance, and how you hope to make a difference in your community after graduation.

Selection Criteria:
Ambition, Drive, Need
Published January 25, 2024
Essay Topic

Please tell us about yourself and describe your family needs growing up. How did it inspire you to pursue a career in business or finance? Also, how do you plan to make a positive impact on your community post-graduation?

400–600 words

Winning Applications

Nana Kofi Anti
Howard UniversityMableton, GA
Cameron Dervin
Tuskegee UniversityChicago, IL
Anasia Currie
North Carolina A & T State UniversitySussex, NJ
Growing up in a low-income household and as a minority student, I quickly became aware of the financial challenges my family faced. We often could not afford, housing and food. I remember coming home from school on some days to the water being off. My awareness of this experience ignited a passion for finding solutions to financial difficulties, leading me to explore the field of accounting. My journey began in high school with my first accounting class, where I learned the pivotal role accounting plays in business. This discovery, coupled with the profession's stability and flexibility, solidified my decision to pursue a career in this field. Reflecting on my educational experiences, one significant influence was my AP Language class. My teacher emphasized the importance of being a Citizen Rhetorician, engaging in civic discourse, and contributing positively to society. This notion of civic responsibility and active engagement deeply resonated with me, shaping my desire to use my skills in accounting not just for personal success but to address broader societal issues. It taught me that contributing to the world around you takes work, understanding, and a sense of social responsibility to take care of those in need. This realization pushed me to find ways to serve my community within my chosen field. I plan to continue my education at North Carolina A&T State University, where I will seek opportunities to encourage younger generations of minority students, especially young women, to pursue careers in accounting. The low number of accountants, particularly black female accountants, highlights the need for increased diversity in the field. Organizations like The National Association of Black Accountants (NABA) and Women in Public Finance play crucial roles in promoting diversity and providing support for aspiring business professionals. By joining these organizations, I aim to elevate the voices of black women striving for success and implement plans to provide financial education and stimulate financial security in underserved communities. My ambition to pursue higher education is driven by my status as a first-generation college student. I want to give back to my community by initiating change in the financial and educational sectors. Through my studies and involvement in college activities, I hope to tackle systemic issues like financial insecurity and racial and gender discrimination. Additionally, regarding my financial circumstance, my stepmother has been battling stage 4 metastatic breast cancer since 2019, placing a significant financial strain on our family, which relies solely on my father's income. This personal challenge has further fueled my determination to pursue a career in accounting, where I can make a positive impact on my community by helping others navigate financial difficulties. I look forward to collaborating with like-minded individuals to achieve collective goals. Throughout my college life, after graduation, and during my career, I am committed to carrying out my passion for helping others. By extending my hand, I hope to promote change on a larger scale and support those in need, thereby contributing to a more financially literate and empowered community.

FAQ

When is the scholarship application deadline?

The application deadline is Jul 15, 2024. Winners will be announced on Aug 15, 2024.