Eligibility Guidelines and Application

Click here for the list of 2014 recipients.

The Paul S. Mills Scholarship program offers scholarships to students pursuing an undergraduate education in a financial service related field. This may include finance, accounting, insurance or risk management, actuarial sciences, and related fields of business.

Who is eligible to apply?
Applicants for Paul S. Mills Scholarships must:

  • Be United States citizens or legal residents living in one of the 50 U.S. states, the District of Columbia or U.S. Territories.
  • Be a full or part-time student enrolled or accepted into an undergraduate college or university program.
  • Be pursuing a course of study in a financial service field.
  • Demonstrate financial need by submitting the FAFSA (Free Application for Federal Student Aid) or similar documentation of financial need

Employees, members (except for students members) or immediate family of employees or members of the Society of Financial Service Professionals and its local Chapters are not eligible.

What will be awarded?
Three to six students will each receive a scholarship of $1,000. Scholarship checks will be made payable to the school selected by the student and will be mailed to each recipients home address.

How do I apply?
To apply you must complete an application and write a short essay (500 words) describing why you wish to pursue an education in the financial service field and why the scholarship is important to you. You must also submit a FAFSA. Applicants must agree to a brief interview by a member of the Society of Financial Service Professionals.

When is the application filing period?
Applications will be available annually as of January 15 and can be submitted between January 15 and 11:59 pm ET on March 30.

How will I be notified?
All applicants will be notified of their status via e-mail by June 1. Be sure the e-mail address on your application in active and that you check it routinely.

When will scholarships be paid?
Scholarships will be paid on or about July 15. As noted above, scholarship checks will be made payable to the designated college or university and will be mailed to the students home address.

Questions on the Paul S. Mills Scholarship program may be directed to Anne Rigney at 800.927.2427 x 2536 /

View a list of Past Recipients