Advertiser disclosure

Top Scholarships for Finance Majors in September 2022

A finance degree can get you a career in several fields including accounting, banking, and financial planning. However, pursuing a degree in finance requires some expenses. These scholarships for finance majors can help cover these expenses. 

Jump ahead to:

• Top finance scholarships
• Resources for finance majors
• Frequently asked questions about finance scholarships
• Upcoming scholarships

Continue reading our list of top scholarships for finance majors!

Top finance scholarships

Hustle Tech & Business News No-Essay Scholarship

• Eligibility: Undergraduate and graduate students who sign up for the Hustle free daily newsletter and share what they learned
• Amount: $10,000
• Deadline: End of each month 

Employment BOOST College Scholarship

• Eligibility: Open to incoming and current college students majoring in business or STEM
• Amount: $1,000
• Deadline: Rolling

Jane M. Klausman Women in Business Scholarship

• Eligibility: Women of any age pursuing a business program specializing in accounting, economics, finance, business management, marketing, or related fields
• Amount: $8,000
• Deadline: Contact your local club for the deadlines, which are usually between April and August of each year

Resources for finance majors

Beta Alpha Psi

Beta Alpha Psi is an international honor organization for students interested in accounting and finance. This organization can help you to keep up to date with the current state of the field, as well as provide networking opportunities with professionals around the world. You can check whether there is a chapter in your region or at your school through their website.

Michael Lewis’ Against the Rules Podcast

The author of books such as Moneyball and The Big Short has been making finance accessible for decades. His podcast includes information to help explain complex finance topics in ways anyone can understand. Especially for beginning students, this can be a valuable resource to become introduced to topics you’ll learn about later in your studies. For more advanced students, this can be a crash-course in explaining complex topics in simple terms.

Association for Finance Professionals

The Association for Finance Professionals is an international organization with members across many different fields of finance. You can earn certificates through this organization, connect with professionals, and learn about the current state of the industry.

Frequently asked questions about finance scholarships

Does finance count as STEM?

In general, finance has not counted as a STEM degree. However, in some spheres, that definition is changing. For example, at MIT, the administration recently classified finance majors as STEM majors. This may be part of a larger shift in classification for finance. What does this mean for finance majors? Well, one big change is that it may qualify you for STEM scholarships. STEM scholarships are one of the most plentiful types of scholarships, so this is potentially a big opportunity.

How can I pay for a finance degree?

There are many ways out there to pay for a finance. It’s a good idea to take full advantage of every possible opportunity. That includes filling out the FAFSA, seeing if you qualify for the Pell Grant, applying for outside scholarships, and applying for school-specific scholarships. Many students also have to take out loans. Another great strategy for finding scholarships is looking for local scholarships. Because the competition is usually less numerous, you have a better chance with local scholarships.

Do I need to major in finance to earn a finance scholarship?

Most finance scholarships require that you have plans to major in finance or a finance-related field. So, you have to demonstrate an interest in the field and an intent to major in it. That being said, if you end up changing your major down the line, you will probably be able to keep the scholarship money if you applied for it during high school. If you have a renewable scholarship, you may not be able to renew it if your major plans change, however.

What careers in finance are in-demand?

According to Northeastern University’s December 2021 report, controller, financial manager, and management consultant are the three most in-demand finance careers. For the most up-to-date results, try browsing the Bureau of Labor Statistics’ Occupational Outlook Handbook. You’ll be able to look up any occupation that interests you and see its forecasted growth over the next decade, as well as median salary data.

Upcoming finance scholarships

AICPA Foundation Scholarship for Future CPAs

• Eligibility: Full-time college students studying accounting or a related major with the intention to enter into the profession 
• Amount: $3,000 – $10,000

AICPA Foundation Two-Year Transfer Scholarship Award

• Eligibility: Students looking to transfer from a two-year to four-year school to complete a degree in accounting or related major
• Amount: $5,000

AICPA Scholarship for Minority Accounting Students

• Eligibility: College and graduate students who identify as an ethnic minority and are pursuing a career in accounting 
• Amount: $10,000

AWSCPA Scholarship Award

• Eligibility: Female undergraduate and graduate students studying accounting or a related major and planning to pursue a CPA license (applicants must also have a 3.0 GPA)
• Amount: $5,000

Accounting and Financial Women’s Alliance Scholarships

• Eligibility: Female undergraduate and graduate students studying finance or accounting 
• Amount: Varies
• Opens: January 1, 2023

BD Scholarship

• Eligibility: College students studying finance (or other select majors) who are enrolled full-time at any UNCF member institution or other HBCU
• Amount: $10,000

CardRates.com Financial Futures Scholarship

• Eligibility: High school seniors and college students majoring in a business field 
• Amount: $1,000

DECA Scholarships

• Eligibility: High school and college students who are members of DECA (specific eligibility requirements depend on the scholarship sponsor – check site for more details)
• Amount: Varies
• Opens: September 2022

Financial Future Scholarship

• Eligibility: Open to college students who write an essay about finances 
• Amount: $1,000

Goldberg-Miller Public Finance Scholarship

• Eligibility: Full-time graduate students preparing for a career in state and local government finance
• Amount: $20,000
• Opens: Fall 2022

Government Finance Professional Development Scholarship

• Eligibility: Part-time graduate students pursuing a career in state and local government finance
• Amount: $10,000
• Opens: Fall 2022

KPMG Future Leaders Program

• Eligibility: Female high school seniors who exhibit exceptional academic & leadership abilities and plan to major in business or a STEM field
• Amount: $40,000

Minorities in Government Finance Scholarship

• Eligibility: Undergraduate and graduate minority students enrolled full- or part-time in a course of study preparing for a career in state or local government finance
• Amount: $10,000
• Opens: Fall 2022

New York Financial Writers’ Association Scholarship

• Eligibility: College and graduate journalism students in the New York tri-state area who are interested in business and financial journalism 
• Amount: $3,000

Ritchie-Jennings Memorial Scholarship Program

• Eligibility: Undergraduate and graduate students interested in pursuing a career in fraud examination 
• Amount: $1,000 to $10,000, plus a one-year ACFE Student Associate membership.
• Opens: September 15, 2022

Ted Rollins Eco Scholarship

• Eligibility: High school seniors and current college students working toward a business or sustainability degree
• Amount: $1,000