skip to main content

See the results of our 2021 Family Budget Survey. Click Here to Learn More!

10 Financial Education Scholarships and Competitions for Students

By
Samantha Rose
Samantha Rose covers financial literacy for the educational arm of OppLoans. Her work focuses on providing hands-on resources for high school and college-age students in addition to their parents and educators.
Updated on March 18, 2021
OppU banner logo
Know about money; win money.

You’ve taken a personal finance course. And passed with flying colors. Now what? Don’t waste your newly acquired money knowledge. What if you could win scholarship money and other prizes? The good news is you can!

Apply to financial education scholarships and competitions. 

Improve your financial literacy knowledge and receive scholarship money and other rewards. Win-win. Literally. To flex your financial knowledge, start with these 10 opportunities.

No. 1: OppU Achievers Scholarship

Award: $2,500

Deadline: Quarterly

How to apply: Submit an essay to the OppU Achievers Scholarship

Eligibility: High school seniors, undergraduate, and graduate students

That’s us! OppU is a free standards-aligned financial curriculum that supports students’ education via the OppU Achievers Scholarship. Recipients must demonstrate their achievements in creating opportunities for themselves and others by submitting a personal essay.

No. 2: Credit Sesame Financial Literacy Scholarship

Award: $2,500

Deadline: Twice annually

How to apply: Submit an application for the Financial Literacy Scholarship

Eligibility: Undergraduate and graduate students

Credit Sesame is empowering people to take charge of their credit and loans to help them reach their financial goals. Through promoting financial literacy for students, the company offers two chances each year for students to fund their academic futures. Check the website for the next deadline in 2021.

No. 3: SIFMA Foundation’s Stock Market Game

Award: Various awards and prizes

Deadline: Annually in the spring

How to apply: Register for the Stock Market Game

Eligibility: Elementary, middle, and high school students

The SIFMA Foundation is an educational nonprofit that is dedicated to fostering knowledge of financial markets. SIFMA hosts the Stock Market Game, which is an online simulation of the global capital markets for students in grades 4-12. Students are given hypothetical investment portfolios to manage. Teachers can enter their entire class for the competition.

No. 4: SIFMA Foundation’s InvestWrite

Award: Various awards and prizes, like laptops, trips, and pizza parties

Deadline: Annually in the spring

How to apply: Register for InvestWrite

Eligibility: Elementary, middle, and high school students

InvestWrite is a national essay competition. It was created as a culminating activity for SIFMA’s Stock Market Game — offered exclusively to teacher and student participants. 

No. 5: BankMobile Foundation Annual Financial Empowerment Scholarship

Award: $1,500

Deadline: Annually in July

How to apply: Submit an application to the BankMobile Foundation

Eligibility: Undergraduate and graduate students

This BankMobile Foundation scholarship recognizes students devoted to financial empowerment. Financial empowerment can better someone’s life and ultimately lead to financial freedom. The prize is awarded to student trailblazers who are increasing financial opportunities for others in their community.

No. 6: PNC Student Lending Scholarship

Award: $2,000

Deadline: Annually June 1 and December 1

How to apply: Register for the Student Lending Scholarship

Eligibility: Undergraduate students

In order to enter for a chance to win the PNC Education Loan Center Achiever Scholarship, students must create a financial literacy account. That’s it! Applications are eligible for the two subsequent drawings within 12 months of registering. After entering, take a look at the free personal finance tools and resources.

No. 7: AdvancePoint Capital’s Financial Literacy Scholarship

Award: $1,000

Deadline: Annually in August

How to apply: Submit an essay to AdvancePoint

Eligibility: Undergraduate students

AdvancePoint Capital is urging students to take their financial life seriously. The only requirement for the Financial Literacy Scholarship is the submission of a 1000-word essay exploring the student’s financial experiences. Applicants must answer the following questions:

  • Why is it important to be a financially literate student? 
  • What is your plan to prepare for student costs? 
  • How will the scholarship aid your studies?

No. 8: U.S. Bank Student Union Scholarship

Award: $20,000

Deadline: Annually in October

How to apply: Register for the U.S. Bank Student Union Scholarship

Eligibility: Undergraduate students

The more students learn, the more they’ll be rewarded. That’s the premise behind the U.S. Bank Student Union Scholarship. There are increasing award levels for completing financial literacy lesson plans. Check the website for the 2021 deadline, once it’s available.

Three lessons – enter to win up to $5,000

Six lessons – enter to win up to $10,000

Nine lessons – enter to win up to $20,000

No. 9: Active Life Scholarship for Financial Literacy

Award: $1,000

Deadline: Annually in December

How to apply: Submit an application for the Active Life Scholarship

Eligibility: College students 

The Active Life Scholarship rewards financial literacy knowledge. The award is designed to encourage students to adopt positive financial behaviors — in college and beyond. Applicants must be current undergraduate or graduate students or adult learners. To apply, submit an application and briefly answer a few questions.

No. 10: Youth Financial Literacy Foundation Scholarship Program 

Award: $5,000-$30,000

Deadline: Annually in December

How to apply: Submit an application for the YFL Scholarship

Eligibility: High school seniors and first-year college students 

The Youth Financial Literacy Foundation provides financial education across the nation. The YFL Scholarship Program rewards students for their financial knowledge and skills. Each year, the program awards more than $600,000 in scholarships. Applicants must complete essay prompts and a quiz. Students with the highest exam scores and strongest essays will receive a tiered scholarship, ranging from $30,000 to the first place winner to $5,000 to the 65th place winner.

California Residents, view the California Disclosures and Privacy Policy for info on what we collect about you.