The Equipment Leasing & Finance Foundation is accepting applications for its scholarship program for the 2024-2025 academic year. The foundation will award up to 10 scholarships of $5,000 each to full-time undergraduate or full-time graduate students interested in pursuing a career in the equipment finance industry who are majoring in business, economics, finance or a related discipline.

This year marks five years since the launch of the foundation’s scholarship program, which supports the foundation’s mission to attract new and diverse talent to the industry. Nineteen students have received scholarships during the first four years of the program. The increase in the number of scholarships being awarded from five to 10 this year is the result of a donation from the Equipment Leasing and Finance Association.

To be eligible for consideration for a scholarship in 2024, candidates must submit their applications online by May 10 and must:

• Be a full-time undergraduate student or full-time graduate student as defined by the accredited educational institution they are attending.
• Have declared their major course work to be in the field of business, economics, finance or a related discipline.
• Have a minimum cumulative grade point average of 3.0.

Students with recommendations from professionals in the equipment finance industry will be given preference.