SILA Foundation Scholarships

Scholarship Sponsored by Securities and Insurance Licensing Association Foundation

Intro
The SILA Foundation is offering ten scholarships, each worth $2,000, to students preparing for careers in the insurance and securities fields. Awards may be used at any accredited post-secondary college or university located within the continental United States.

Who is eligible
- U.S. citizens or lawful permanent residents.
- A cumulative GPA of at least 3.00.
- Students must be pursuing one of the following fields of study:
- Insurance / Compliance / Risk Management
- Economics
- Financial Advisor / Financial Planner / Broker / Stock Trader
- Finance / Accounting / Actuarial Science
- General Business
- Business Administration
- Business Information
- Business / Management Information Systems
- Law / Paralegal
- Information Technology

Enrollment and work-status options
Applicants must meet one of the following enrollment/employment combinations at an accredited post-secondary institution:
- Enrolled in at least 12 credit hours; or
- Enrolled in a minimum of 9 credit hours and employed part-time (at least 20 hours per week); or
- Enrolled in a minimum of 6 credit hours and employed full-time (at least 32 hours per week)

Required application materials
All applicants must submit a completed, electronically signed SILA Foundation Scholarship Application during the submission window (January 1 – March 2, 2026). In addition, you must provide:
- A scholastic transcript that verifies your GPA and field of study. High school seniors should submit their high school transcript; if selected, you will be required to provide your college/university fall enrollment schedule before funds are released.
- A letter of reference.
- An employment verification letter only if you are applying under the full-time employment option.

Important dates and award information
- Online applications will be accepted only between January 1 and March 2, 2026 (the Foundation opens the application portal for 60 days each year).
- Scholarships are granted for the upcoming academic year.
- Recipients are selected based on the strength and relevance of the information supplied in their applications. All applications are reviewed and approved by the SILA Foundation.
- If chosen, you must provide proof of U.S. citizenship or permanent residency (for example: copy of a U.S. passport, birth certificate, state-issued driver’s license, or USCIS Permanent Resident Card).
- Scholarship funds will be forwarded directly to the recipient’s school in September.

How to apply
Prepare electronic versions of the required documents before beginning the online application so you can upload them during the process:
- Scholastic transcript (or high school transcript if you are a graduating senior). Note: selected high school seniors must submit their upcoming fall college enrollment schedule before funds are released.
- Letter of reference.
- Employment verification letter (only if applying under the full-time worker option).

If you miss the March 2, 2026 deadline, please check back early next year for the next annual application window.