The Securities and Insurance Licensing Association Foundation, Inc. (SILA Foundation) is proud to award ten $2,500 scholarships to students who are enrolled in an accredited post-secondary college or university.
It is important to know that the applications are accepted from April 1st to May 31st, so make sure to submit the application package prior to the deadline.
Recipients are awarded according to the substance and value of the application information provided, and if you happen to be a chosen lucky scholarship recipient, you will have to provide proof of citizenship or permanent residency.
Every scholarship committee determines applicant requirements which have to be met so that he/she is accepted as a possible scholarship recipient.
The SILA Foundation eligibility criteria are the following:
An applicant has to be a U.S. citizen or permanent resident
He/she has to have a cumulative grade point average (GPA) of 3.00 or better
An applicant has to be enrolled in one of the following areas of study:
- Business administration
- Finance or accounting
- Information Technology
- Insurance studies
He/she has to be enrolled in a minimum of twelve credit hours at an accredited post-secondary school or be employed full-time and enrolled in a minimum of six credit hours at an accredited post-secondary school.
Those people who consider themselves eligible are highly encouraged to apply.
How to Apply
The application process is not too complicated as you are supposed to complete and electronically sign the SILA Foundation Scholarship Application.
You will be asked to provide a copy of a scholastic transcript that proves the academic requirement, a letter of reference or an employment verification letter if you are applying for consideration as a full-time employee.
Unless all required documentation is provided at the time of application, your application will not be considered.
If you request a copy of your transcript to be sent directly to us from your college/university, please upload the receipt from your request.
Be sure to have an electronic copy of the required documents on your computer before beginning the application.