SILA Foundation Scholarships

Scholarship Sponsored by Securities and Insurance Licensing Association Foundation

Between February 1-March 31, 2025 , the Securities and Insurance Licensing Association Foundation, Inc. (SILA Foundation, Inc.) is proud to offer the availability of twelve $1,250.00 scholarships to students focused on careers in the insurance and securities industry for use at any accredited post-secondary college or university within the continental United States.

Requirements

The Securities and Insurance Licensing Association Foundation, Inc. (SILA Foundation) is proud to announce the availability of twelve (12) $1,250 scholarships to students focused on careers in the insurance and securities industry for use at an accredited post-secondary college or university. Post-graduate studies applicable.

Applicant Requirements

• Be a U.S. citizen or permanent resident
• Have a cumulative grade point average (GPA) of 3.00 or better
• Be enrolled in one of the following areas of study:
  1. Insurance/Compliance/Risk Management
  2. Economics
  3. Financial Advisor/Financial Planner/Broker/Stock Trader
  4. Finance/Accounting/Actuarial Science
  5. General Business
  6. Business Administration
  7. Business Information
  8. Business/Management Information Systems
  9. Law/Paralegal
  10. Information Technology
• Be enrolled in a minimum of twelve (12) credit hours at an accredited post-secondary school OR
• Be enrolled in a minimum of nine (9) credit hours at an accredited post-secondary school AND employed part-time working at least 20-hours weekly OR
• Be enrolled in a minimum of six (6) credit hours at an accredited post-secondary school AND employed full-time working at least 32-hours weekly

Additional Requirements

A completed and electronically signed SILA Foundation Scholarship Application (submissions only accepted between February 1-March 31, 2025)

• A copy of a scholastic transcript that proves the academic requirement and supports line-of-study
• Note: If you are a high school graduating senior please provide a copy of your high school transcript. If selected, you MUST provide a copy of your upcoming fall enrollment schedule from your college/university before we can release the funds.
• A letter of reference
• Employment verification letter if applying for consideration as a full-time employee

Note: If you fail to provide all required documentation 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.

What you need to know

• Applications are accepted from February through March 31 in 2025
• Scholarships are awarded for the upcoming school year
• Recipients are awarded based on the substance and value of the application information provided
• Applications are evaluated and approved by the SILA Foundation
• If chosen as a scholarship recipient, proof of citizenship or permanent residency is required (i.e. copy of US Passport, or birth certificate, or state issued driver’s license, or USCIS Permanent Resident Card)
• Award funds will be sent directly to schools in September