College Scholarships for Finance Majors

Finance Scholarship Data, Degree Costs & ROI

This snapshot is built from CollegeWhale’s own scholarship database and planning tools. It shows how many awards are available for Finance majors, how much money is on the table, and what early-career pay and typical college costs can look like.

Scholarships in Our Database

We currently have 120 Finance scholarships available in our database. These awards may come from professional associations, nonprofit organizations, and private sponsors. We’re actively adding scholarships tied to Finance. Check back often or use our main scholarship search to uncover more awards that fit your profile.

Total Scholarship Dollars Listed

Across these listings, the total advertised award value comes to roughly $109,960. Many scholarships for this major list flexible or renewable award amounts. As we continue to add additional Finance scholarships, this section will show an estimate of the total dollars currently available in our database.

Early-Career Median Pay & ROI

Graduates with a Finance degree commonly see early-career median pay around $81,000 per year, depending on location, employer type, and experience.

Finance ROI Snapshot:
We estimate a typical 4-year net cost of college at about $108,584.

First-year median earnings are roughly 75% of that total cost. At that pace, it would take about 1.3 years of early-career earnings to “earn back” your degree investment (before taxes and living costs).

Compare Top Finance Scholarships (Scholarship FastFind™)

The CollegeWhale Scholarship FastFind™ makes it easy to discover the best Finance scholarships — fast. Filter by award amount, deadline month, and estimated time to apply, then instantly download your personalized list. No sign-ups, no personal info, no spam — just real, verified scholarships.

1

DECA Student Scholarships

DECA Student Scholarships support high school and college members who are actively involved in DECA and plan to pursue business, marketing, finance, hospitality, entrepreneurship, or related fields. Funded by a variety of corporate partners, foundations, and industry sponsors, these scholarships

Award: Varies Deadline: January Est. Time: Med (~48 min)
2

NSHSS Business and Public Policy Scholarship

The NSHSS Foundation Business & Public Policy Scholarship is awarded by the National Society of High School Scholars (NSHSS) to support students pursuing degrees in business, finance/economics, or public policy. This scholarship is open to high school students of all

Award: $1,000 Deadline: May Est. Time: High (~128 min)
3

Ann Kleist Scholarship

The Ann Kleist Scholarship honors the long-time contributions of Ann Kleist, former vice president and CFO of the Graduate School of Banking (GSB). Retiring in 2012 after 37 years of service to GSB, this scholarship was created to recognize her

Award: $1,500 Deadline: Rolling Est. Time: Med (~33 min)
4

Prochnow Educational Foundation Scholarship

The Prochnow Educational Foundation, in collaboration with the Wisconsin Bankers Association (WBA), offers this scholarship to support bankers pursuing advanced education at the Graduate School of Banking (GSB) at the University of Wisconsin–Madison. The scholarship is valued at $1,500 per

Award: $1,500 Deadline: April Est. Time: Low (~13 min)
5

Goldman Sachs Scholarship for Excellence

The Goldman Sachs Scholarship for Excellence is designed to attract Black, Hispanic, and Native American students to the firm's summer internship program. Recipients receive a paid summer internship offer at Goldman Sachs, with up to $15,000 awarded upon starting the

Award: $15,000 Deadline: Rolling Est. Time: Med (~58 min)
6

IMA Graduate Scholarship

The IMA Graduate Scholarship is designed to support women who are pursuing a graduate-level degree in accounting, finance, or a related field. Sponsored by the Institute of Management Accountants (IMA), this scholarship aims to assist students who are interested in

Award: $1,500 Deadline: March Est. Time: Med (~78 min)
7

EFWA Graduate Scholarship

The EFWA Graduate Scholarship is designed for women who are pursuing a master's degree in accounting or a related field. This scholarship aims to assist graduate students who demonstrate academic excellence, financial need, and a commitment to advancing in the

Award: $1,500 Deadline: March Est. Time: Med (~78 min)
8

IMA Undergraduate Scholarship

The IMA Undergraduate Scholarship is designed to support undergraduate students pursuing a degree in accounting or a related field, with a focus on those who demonstrate financial need and a strong commitment to the profession. The scholarship is sponsored by

Award: $2,000 Deadline: March Est. Time: Med (~78 min)
9

AICPA Scholarship for Future CPAs

The AICPA Scholarship for Future CPAs provides critical financial support for undergraduate and graduate students pursuing a career as a Certified Public Accountant (CPA). The scholarship is designed to alleviate some of the financial burdens faced by students who are

Award: $10,000 Deadline: March Est. Time: Low (~13 min)
10

Ritchie-Jennings Memorial Scholarship

The Ritchie-Jennings Memorial Scholarship was established in 1992 by the Association of Certified Fraud Examiners (ACFE) to honor the memories of Larry Jennings and Tracy Ritchie, two ACFE members who lost their lives in a terrorist attack in 1997. This

Award: $10,000 Deadline: Rolling Est. Time: Med (~33 min)
11

PIMCO Future Leaders Scholarship

The PIMCO Future Leaders Scholarship, established in 2021, aims to support students from underrepresented communities who are interested in investment management and aspire to pursue careers in finance through continued education. The scholarship is open to current undergraduate sophomores, as

Award: $30,000 Deadline: Rolling Est. Time: Med (~53 min)
12

IMA Doctoral Scholars Program

The IMA Doctoral Scholars Program provides financial support to doctoral students who are pursuing advanced studies in management accounting or financial management. This program aims to encourage academic research and the development of future educators and thought leaders in the

Award: $10,000 Deadline: Rolling Est. Time: Med (~33 min)
Article Read Time Is 5 Mins

Expert Answers to the Most Asked Finance Scholarship Questions

Exploring Scholarship Opportunities for Future Finance Professionals

Finance scholarships are designed to help students build a strong foundation in investment, economics, and financial management—without the burden of excessive student debt. These awards are available from universities, professional organizations, financial institutions, and corporations that seek to support the next generation of analysts, advisors, and leaders in the finance industry. Whether your goal is to work on Wall Street, manage a nonprofit endowment, or specialize in personal financial planning, scholarships can make your academic journey more affordable and rewarding.

Tip: Many finance scholarships value leadership, ethics, and real-world experience—so highlight internships, case competitions, or volunteer work in your applications.

What Is the CFA Institute Scholarship?

The CFA Institute Access Scholarship is a prestigious opportunity for finance students preparing to earn the Chartered Financial Analyst (CFA) designation. It’s ideal for those committed to a professional career in investment management or financial analysis.

  • Applicants must be enrolled in or planning to take the CFA Level I exam.
  • Selection is based on financial need, professional integrity, and dedication to the field.
  • Recipients receive significant discounts on exam registration and materials.

This program makes one of the most respected certifications in global finance more attainable for qualified students around the world.

What Is the Ritchie-Jennings Memorial Scholarship?

Offered by the Association of Certified Fraud Examiners (ACFE), the Ritchie-Jennings Memorial Scholarship supports students interested in finance, accounting, and fraud examination.

  • Open to undergraduate and graduate students majoring in finance, accounting, or criminal justice.
  • Scholarship amounts range from $1,000 to $10,000.
  • Applicants should demonstrate academic excellence and ethical leadership.

Tip: This scholarship is particularly well-suited for students planning careers in auditing, compliance, or financial forensics.

Are There Scholarships for Women in Finance?

Yes, several scholarships are dedicated to advancing women in finance, business, and economics. These awards aim to close gender gaps in leadership and promote financial literacy among women professionals.

  • Forté Foundation Scholarship: Supports women pursuing undergraduate or graduate business degrees, including finance and investment management.
  • Women in Public Finance Scholarship: Recognizes outstanding female students interested in municipal finance, policy, or public administration.

These programs not only provide financial aid but also connect recipients with mentorship and networking opportunities in the finance sector.

What Is the FINRA Investor Education Foundation Scholarship?

The FINRA Investor Education Foundation Scholarship assists students who are passionate about ethical finance, investor protection, and financial literacy.

  • Applicants must be enrolled in an accredited finance or business program.
  • Preference is given to students focusing on financial regulation, risk management, or consumer education.
  • Typical awards range from $2,000 to $5,000.

Tip: This scholarship is an excellent fit for students who want to combine financial knowledge with advocacy and public service.

Are There Scholarships for High School Students Interested in Finance?

Yes, high school seniors preparing to major in finance, economics, or business can apply for a variety of scholarships recognizing early academic promise and leadership potential.

  • Junior Achievement Scholarship: Honors students excelling in entrepreneurship, financial literacy, and business education programs.
  • National Business Education Association (NBEA) Scholarship: Supports future finance majors who demonstrate academic strength and civic engagement.

Tip: Involvement in DECA, FBLA, or student investment clubs can significantly strengthen your application.

What Is the Morgan Stanley Scholarship for Excellence?

The Morgan Stanley Scholarship for Excellence promotes diversity in finance by supporting students from underrepresented backgrounds pursuing degrees in business or economics.

  • Open to sophomores and juniors majoring in finance, accounting, or related fields.
  • Applicants must demonstrate strong academic performance and leadership experience.
  • Recipients receive up to $15,000 and gain access to mentorship and internship programs with Morgan Stanley.

This scholarship provides both financial aid and direct pathways into the finance industry through hands-on experience.

Are There Corporate Scholarships for Finance Students?

Yes, leading financial institutions and corporations sponsor scholarships to support top-performing finance students while identifying future talent for their organizations.

  • Goldman Sachs Scholarship for Excellence: Rewards academic achievement and leadership among finance and business students.
  • Bank of America Merrill Lynch Scholarship: Supports students interested in investment banking, financial advising, or asset management.
  • JPMorgan Chase Launching Leaders Scholarship: Funds underrepresented students with strong academic records and leadership potential.

These scholarships often include internships, mentorship, and early recruitment opportunities within the sponsoring firms.

What Are Some University-Specific Scholarships for Finance Majors?

Many top universities offer internal scholarships tailored to finance majors. Examples include:

  • University of Pennsylvania – Wharton School: Merit-based awards for finance students demonstrating leadership and innovation in economics or investment.
  • New York University – Stern School of Business: Provides both need-based and academic scholarships for undergraduates and MBAs in finance.
  • University of Chicago – Booth School of Business: Offers fellowships and merit awards to students excelling in finance, quantitative analysis, and economics.

Tip: Some of these scholarships are awarded automatically upon admission, while others require separate applications through your school’s business department.

How to Apply for Finance Scholarships

Applying for finance scholarships often involves demonstrating both academic achievement and a clear professional vision. Follow these steps for success:

  • Complete the FAFSA: Many programs require proof of financial need through FAFSA or institutional forms.
  • Craft a Compelling Personal Statement: Focus on your long-term career goals in finance and how you plan to contribute to the field.
  • Provide Strong References: Seek recommendation letters from professors, advisors, or employers in the business field.
  • Showcase Analytical Skills: Some scholarships include essay questions or case study challenges—highlight your critical thinking and financial reasoning.
  • Stay Organized: Track application deadlines and required materials using a spreadsheet or checklist.

College Scholarships By Category

Quickly navigate to some of our most popular scholarships, such as state-specific scholarships, major-specific scholarships, and other popular categories. Please search our Scholarship Database to get matched with many more scholarships specific to your personal criteria.