CME Group Foundation Scholars Program

CME Group Foundation has established a scholarship program to assist African American and Latino students who are current or rising undergraduate sophomores, juniors or seniors or rising juniors, seniors, or graduate students enrolled in the 4+1 MS Finance degree program.

This program is administered by Scholarship America®, the nation’s largest designer and manager of scholarship, tuition assistance and other education support programs for corporations, foundations, associations, and individuals. Awards are granted without regard to creed, religion, sexual orientation, gender, disability, or national origin.

Eligibility
Applicants to the CME Group Foundation Scholars Program must be:

African American or Latino;
A current or rising undergraduate sophomore, junior or senior student (students enrolled in a 4+1 MS Finance degree program are eligible, but must be a rising junior, senior or graduate student in the 4+1 MS Finance program);
Enrolled or planning to enroll full-time at one of the following CME Group Foundation partner schools for the entire upcoming academic year:

Partner Schools:
DePaul University
St. Xavier University
Illinois Institute of Technology
Northern Illinois University
Loyola University Chicago
National Louis University
University of Illinois Urbana-Champaign
Stevens Institute (Hoboken, NJ)
Majoring in:
Information Technology
Computer Science
Finance
Data Science
Cyber Security
Math
Statistics
Financial Engineering

Have a minimum grade point average of 2.5 on a 4.0 scale (or its equivalent);
Willing to attend a one-day market education program at CME Group in Chicago in August 2019 to learn about the industry and summer internship opportunities. Recipients will be reimbursed for travel expenses for the day;
Awards
If selected as a recipient, the student will receive up to $20,000. Up to twenty-five (25) awards will be granted. Award amounts may vary based on financial need.

Awards may be renewed until a bachelor’s degree (or a 4+1 MS Finance degree) is earned on the basis of continued full-time enrollment and satisfactory academic performance.

Awards are for undergraduate study only with the exception of the 4+1 MS Finance degree. Awards may be used for all education-related expenses.

Application Process
Start by clicking Register to Apply at the bottom of this page. You must read and agree to a consent statement, supply a unique and valid email address, and create a username and password.
Correspondence throughout the application process will be by email. Email messages will be sent to the username and email address registered when you created your account. Be sure to add cme-scholars@scholarshipamerica.org to your contacts or address book and check your email regularly!
Complete the application by entering data in the format described. Proper punctuation and standard capitalization (Jill Smith, 10 Main Street, New York, NY) must be used.
During the application process, you may leave the site prior to submission by clicking Save and Log out.
Once all application requirements are satisfied, Lock and Submit will be available near the bottom of the Review Application page.
Carefully review your application before clicking Lock and Submit. Once submitted, you will no longer have access to your application.
It is recommended that you keep a copy of your application for your records.
You will receive an email acknowledgment of your submitted application.

Required Documents
As part of your application, you must upload the following document:
Current, complete transcript of grades. Grade reports are not accepted. Unofficial or online transcripts must display student name, school name, grades and credit hours for each course, and term in which each course was taken.
Your application is not complete unless all required documents are submitted electronically.

Program Deadline
Your application must be submitted on or before 3:00 p.m. Central Time on Thursday, March 28, 2019.

Selection of Recipients
Scholarship recipients are selected on the basis of academic record, demonstrated leadership and participation in school and community activities, work experience, statement of career and educational goals and objectives, unusual personal or family circumstances, and an additional essay on the topic: Why are you interested in a career in the financial services industry?

Recipients must demonstrate financial need.

Selection of recipients is made by CME Group Foundation. All applicants agree to accept the decision as final.

Notification
Applicants will be notified in late May. Not all applicants to the program will be selected as recipients. Students may reapply to the program each year they meet eligibility requirements.

Award
Varies; Up to $20,000
Scopes
External Scholarship Opportunities
Deadline
03/28/2019