Scholarships and Financial Aid

All recipients are selected by the Department Awards Committee with input from the Department Head.

• Academic Excellence Award: Two students from the Commonwealth of Virginia, demonstrating financial need, will be selected. Initially awarded to incoming freshmen in Finance, the scholarship may be renewed for up to four years, if the student maintains a minimum 2.5 GPA and remains within the department.
• Finance Student of the Year: Based on academic merit (plaque only).
• Finance Service and Leadership Award(s): Based primarily on evidence of outstanding service and/or leadership at the departmental, college, or university level. Solid academic performance is also required. All options and majors in the Department of Finance will be considered.
• The SEED Outstanding Upcoming Analyst Award: Recognizes an analyst who demonstrates exceptional dedication, technical proficiency, a strong work ethic, intellectual curiosity, and proactive contributions, including pitch ideas, reflecting their talent and potential future leadership within the organization.
• The BASIS STAR Award: The STAR award recognizes a graduating senior for selfless service to the group. It targets individuals outside of executive roles, acknowledging those whose contributions may have gone unnoticed or are less visible. In years when all graduates are officers, the award may not have a recipient who fits this "under the radar" service.

• CFI Financial Advisors Senior Award: Recognizes one or two top students in the CFI® option, selected by an outside review board.
• Rembert, Pendleton & Jackson Outstanding Senior Award: Recognizes one or two top students in the CFI® option, selected by an outside review board.

All recipients must be primary Finance majors and can be in any option unless noted. Selected by the Department Awards Committee with input from the Department Head.

• Accenture Scholarship: Based on academic merit.
• BASIS GEM Scholarship: For BASIS members (min 3.0 GPA), based on performance and contributions. Nominated by BASIS Exec Committee, awarded by faculty advisors.
• Braun ‘87 & Angela Jones Scholarship: Two incoming freshmen majoring in Finance, Insurance, and Business Law from Virginia with demonstrated financial need can receive the award for up to four years, provided they maintain a 2.5 GPA and stay within the department.
• Emily Caldwell Morrison Memorial Scholarship: One or two awards for sophomores or juniors.
• George F. Clarke Scholarship: Awarded to students majoring in the Pamplin College of Business, with preference given to first-generation students, underrepresented populations, and those pursuing a primary major in Finance, Insurance, and Business Law, who are residents of Virginia.
• Scott & Vicki Culbreth Endowed Scholarship: One or two awards for undergraduate Finance students.
• Dennis & Susan Duncan Banking & Real Estate Finance Scholarship: One or two awards for academic achievement, with preference for students interested in banking/real estate, especially from Giles or Culpepper Counties.
• Korte Family Scholarship: One or two awards based on academic merit for Virginia residents.
• Jacob Lutz III Scholarship: One or two awards for Virginia residents with 3.0+ GPA.
• Mike Clarke Credit Careers Scholarship: Awarded to those with an interest in banking and credit risk management, requiring full-time students in good standing who have taken or are enrolled in Credit Analysis (or its equivalent), have received an RMA scholarship, and exhibit high academic achievement, leadership, and service, with a committee decision made by August 15, and the award matching the amount of the RMA Foundation Scholarship (up to $2,000 per candidate).
• Outstanding Rising Senior Scholarship: For rising seniors based on academics and leadership.
• Outstanding Rising Junior Scholarship: For rising juniors based on academics and leadership.
• Nixon, Samuel H Jr. Insurance Scholarship: To provide full or partial scholarships to students who are enrolled or shall be at the time of receipt of scholarship funds, enrolled in the Department of Finance, Insurance and Business Law, based upon: a demonstrated interest in the field of insurance, academic achievement, good character, and financial need.
• Curtis A. & June Haworth Thompson Scholarship: One award for a rising senior based on academics and leadership potential.
• SEED Investment Management Scholarship: One award for a SEED student based on academic excellence and interest/experience in investment management.
• Sunita & Rajan Vaswani Scholarship: One or two awards for Finance majors, preference for FinTech Option students.
• Vijay & Manisha Singal Scholarship: Three scholarships to be awarded to students majoring in Finance with the highest academic achievement, with a preference for FinTech students, students from an underrepresented population, and/or students from the Indian Students Association (or similar group). Wells Fargo Leadership Development Scholarship: One or two awards for academics and leadership, with preference for past recipients who continue to qualify.
• Wohlford Family Finance Scholarship: This scholarship supports students pursuing studies in corporate financial management with a 3.0 or higher GPA, selected through an application process within the college, and previous recipients maintaining the criteria can reapply, while students engaged in organized experiential programs like SEED, BASIS, or Credit Corps are not eligible.Steven Williamson Scholarship: Supports undergraduate students in the Financial Planning and Wealth Management major, awarded based on a short essay detailing improvements in academic, professional, and personal commitment, along with academic performance.
• John & Suzanne King SEED Intern Scholarship: Supports SEED members with financial need for internship-related expenses, offering up to $5,000 per student, awarded in the spring before the internship, with the advisor determining the final amount and timing. The gift cannot be used to offset SEED’s budget needs.

All scholarships require recipients to be in the Financial Planning & Wealth Management major.

• Financial Planning Alumni Scholarship: Awarded based on a personal story demonstrating significant academic, professional, and/or personal growth since enrolling in the program.
• Financial Planning Associations (FPA) of Central Virginia Scholarship: Awarded for extracurricular leadership, community service, and academic achievement. Applicants must be FPA members.
• McCarthy, Mannen, Daniel, Meth, and Williamson Ameriprise Financial Advisors Scholarship: Awarded based on financial need and academic achievement.
• Judith A. Orell Financial Planning Scholarship: Multiple awards based on an essay about personal experience with end-of-life issues and/or interest in helping clients plan for end-of-life care and costs.
• Rebeka Ruth Becks Financial Planning Scholarship: One or more awards based on an essay about the role of financial planning in helping families with children achieve life goals.
• Steven Williamson Financial Planning Scholarship: Provides funding for undergraduate students in the Financial Planning and Wealth Management major, awarded based on a short essay outlining significant improvement in academic, professional, or personal achievement since joining the program, along with academic performance.
• Verus Financial Partners Scholarship: Awarded to a rising senior. Preference for students double-majoring in accounting, but not required.
• Wealthstream Advisors Scholarship: Awarded based on a short essay on why the applicant chose to study or pursue a career in financial planning. Minimum 3.0 GPA required.
• Charles Schwab Foundation Scholarship: Awarded to a Financial Planning & Wealth Management major, with preference for students from underserved populations at VT.
• Dr. Ruth Lytton Selfless Service Award Scholarship: One scholarship awarded to an undergraduate student enrolled in the Pamplin College of Business, majoring in Financial Planning and Wealth Management (CFPF), who has demonstrated outstanding leadership and service to the major. Preference shall be given to a rising senior or upperclassman.