CME Foundation Scholars Program

The CME Group Foundation Scholars Program is a scholarship initiative founded by the CME Group Foundation, the philanthropic arm of CME Group. The program is designed to support talented and motivated, underrepresented minority undergraduate students pursuing degrees in finance, economics, computer science, mathematics, and related fields. 
== Overview ==
Established in 2019, the CME Group Foundation Scholars Program aims to identify and empower the next generation of financial industry leaders. Through financial support, mentorship, and professional development opportunities, the program provides scholars with the resources they need to excel academically and pursue successful careers in the financial sector.
=== Scholarships===
The heart of the CME Group Foundation Scholars Program lies in its scholarship offerings. Scholarships are typically awarded to outstanding undergraduate students who demonstrate a strong academic record, a passion for financial markets, and a commitment to excellence. The program seeks to make higher education more accessible by providing financial assistance to deserving students. The CME Group Foundation Scholarship Program works to ensure that sophomores, juniors, and seniors can finish their four-year degrees and scholarship winners can reapply for up to three years of support, for a total of $60,000 in financial assistance.
=== Eligibility Criteria ===
To be considered for the CME Group Foundation Scholars Program, applicants must meet certain eligibility criteria, which may include:
*Enrollment in an accredited undergraduate program with a focus on finance, economics, mathematics, computer science, or a related field.
*Strong academic performance, often requiring a minimum GPA.
*Demonstrated interest in financial markets and a potential career in finance.
*Letters of recommendation and personal statements explaining their goals and aspirations.
*Each year, the program may specify additional requirements or preferences for scholarship applicants.
=== Benefits ===
Scholars selected for the program enjoy a range of benefits, which may include:
*Recipients typically receive financial assistance to cover tuition, books, and other educational expenses up to $20,000 per year.
*Mentorship: Scholars are often paired with industry professionals who serve as mentors. These mentors provide guidance, advice, and insights into the financial industry.
*Professional Development: The program may offer workshops, seminars, and networking opportunities to help scholars develop their professional skills and expand their industry knowledge.
*Internship Opportunities: Some scholars may be eligible for internship placements with CME Group or other financial institutions, providing valuable real-world experience.
*Access to Resources: Scholars may gain access to CME Group's extensive educational resources, research, and market data.
=== Application Process ===
The application process for the CME Group Foundation Scholars Program typically opens on an annual basis. Prospective scholars must submit their applications, including academic transcripts, recommendation letters, and personal statements, by the specified deadline. An independent selection committee evaluates the applications and selects the scholarship recipients.
=== Alumni ===
Scholars who complete the program become part of an extensive network of alumni. Many program alumni have gone on to achieve successful careers in the financial industry, contributing to the growth and innovation of global financial markets. Some alumni are hired by the CME Group.
== References ==
Category:CME Group
Category:Non-Profits