Are you still undecided about your college major? If so, why not consider a degree in economics. Even if you are not necessarily a math person, this choice is worthy of consideration because it can open vast opportunities for employment after graduation, many of which do not include using complicated equations or algorithms. While some economists work to trade treasury bonds or study employment trends, others find satisfying and lucrative work in research of obesity, politics, and crime. Others work in education, finance, and journalism. Because of the numerous opportunities, economics is quickly becoming one of the best paid and most popular of degree fields, especially for students with training in foreign language or business. If you are interested in earning a degree in this field, these economics scholarships can help you pay for the cost of your education so you can focus on learning.
Financial Women’s Association of San Francisco
The Financial Women’s Association of San Francisco awards economics scholarship to women in the San Francisco Bay Area who wish to enter employment in finance or financial services. These scholarships provide undergraduate students with $5,000 each and graduate students with $10,000 each toward the cost of education. In addition to the funding, recipients are honored at a Financial Women’s Association luncheon, invited to attend the Financial Woman of the Year luncheon, receive a paid FWA membership at the Associate level, and receive mentoring. To be eligible, students must be enrolled at an accredited Bay Area college or university to attain a degree in an area that will prepare the student for a financial career, and must have a minimum GPA of 3.4. Scholarship recipients are chosen based on academic achievement, communication skills, and leadership skills. In addition, the scholarship committee considers community involvement and financial need. To apply, students must submit an application and other required documentation by March 30. Finalists will then undergo two interviews before scholarships are awarded. Applications and full scholarship details can be found at www.fwasf.org.
Robert Bosch Foundation Fellowship Program
The deadline to apply for the Robert Bosch economics scholarships is October 15. Fellows will receive a 9-12 month long professional development program that includes two work phases in German institutions as well as three additional European seminars. In addition, fellows will receive a monthly stipend and compensation package as well as intensive German language training before the program begins. To qualify, candidates must be U.S. citizens between 23 and 34 years of age with at least two years of experience in the proposed career field. Candidates with graduate degrees are preferred. To apply, candidates must complete an online application and submit it with a resume, a transcript of graduate studies, a personal statement, and two letters of recommendation. Applications and program details can be found at www.fpa.org.
Scarlett Family Foundation Scholarship
The Scarlett Family Foundation provides economics scholarships to students in middle Tennessee who are attending colleges or universities in the United States. To be eligible, students must be high school seniors or college freshmen, sophomores, or juniors who graduated from high school or earned a degree in one of the eligible counties. In addition, applicants must demonstrate financial need, have at least a 2.5 GPA, and be pursuing or planning to pursue a degree in a business field as a full-time student. Applicants must also have demonstrated entrepreneurial abilities by starting a business, participating in a business-related organization, or business-related work or volunteer experience. The minimum scholarship is valued at $2,500 and the maximum award amount is $15,000 per academic year. Scholarships may be renewed if the student meets all requirements. Applications may be found at www.scarlettfoundation.org and are due by December 15.
Enid Hall Griswold Memorial Scholarship
These economics scholarships are awarded to college juniors or seniors in an accredited U.S. college or university. To earn the $1,000 scholarships, applicants must be U.S. citizens. While it is helpful to have the support of a DAR chapter, it is not required. Applications are due February 15 and can be found, along with scholarship details, at www.dar.org.
Fukunaga Scholarship Foundation
In order to be eligible for the Fukunaga economics scholarships, students must be graduates of Hawaiian public schools with at least a 3.0 GPA. Applicants must be pursuing a business-related degree and must have participated in extracurricular activities and community service. In addition, applicants must demonstrate financial need and a desire to return to Hawaii to work after graduation. To apply, students must submit a completed, signed application, a copy of the Free Application for Federal Student Aid, an official transcript, a copy of college entrance test scores, and two letters of recommendation. All materials are due by March 1. Applications and details are available at servco.com.
Mercatus Master’s Fellowship
This fellowship provides economics scholarships valued at up to $40,000 a year for two years for a graduate program. Recipients receive a monthly stipend, full tuition for nine credits per semester, and a research assistant position at the Mercatus Center. To be qualified, students must enroll full-time in the GMU MA economics program, maintain at least a 3.5 GPA, and complete a solo research project. In addition, candidates must enroll in 9 credits each semester and participate in the monthly Theory to Practice group, the Lecture Series in Practical/Applied Economics, and the biweekly Workshop in Career Development and Job Placement. Recipients must also work at least 20 hours per week in a Mercatus Center internship and spend the summer between the two award years working with faculty members and conducting solo research. To apply, candidates must complete the application form for admission to George Mason University’s Economics Department at masters program. Applicants must also submit an essay, a writing sample, and a cover letter. Applications and full program details are available at mercatus.org.
These excellent economics scholarships allow you to earn the degree you need to enter a valuable and rewarding career. Economics is truly one of the most versatile and promising of all business fields and will provide you with years of financial and employment stability.