Program Overview

Sponsored by Moody’s, this scholarship is awarded to high-achieving Black students attending a four-year college or university. This scholarship opportunity is open to rising sophomores currently classified as freshmen at the time of their application submission.

Program Sponsors

Scholarship Details

Twelve (12) scholarship awardees will receive a three-year, need-based scholarship in the amount of $10,000 per year to assist with educational expenses for three academic years. The scholarship will be paid directly to the awardees’ college/university and will be disbursed in equal amounts for the awardees’ fall and spring semesters (i.e., $5,000 per semester). Scholars will be required to resubmit their transcripts and meet the 3.0 GPA criteria at the end of the 2022 and 2023 academic years. If a Scholar’s GPA does not meet the criteria, the Scholar will forfeit the scholarship award in 2022-2023 and 2023-2024.

Institution TypeOpen to any four-year college or university including HBCUs
GPA Requirement3.0 GPA or higher
ClassificationRising Sophomore
MajorFinance, STEM or Business disciplines
Award Amount$10,000 per academic year
Award Length3-year scholarship award
InternshipOpportunity for internship or full-time employment considered. Placement is not guaranteed.

Start Your Application

To receive the application link and full eligibility criteria for the 2021 ELC Scholarship Program, please sign-up below. Applicants must complete and submit all application requirements by March 31, 2021 at 11:59pm EST.
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