Paul S. Mills Scholarships

Eligibility Criteria

Eligibility Criteria


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 personal financial planning.


Who is eligible to apply?

Applicants for Paul S. Mills Scholarships must:


  • Be a United States citizen or legal resident living in one of the 50 U.S. states, the District of Columbia, or a U.S. Territories.

  • Be a full or part-time student enrolled in an undergraduate college or university program in the U.S. who has completed the equivalent of one year of credits toward his/her degree.

  • Be pursuing a course of study in a financial service field.

  • Demonstrate financial need by submitting the FAFSA (Free Application for Federal Student Aid) Student Aid Report (SAR).


Employees, 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?

Approximately 15 students each will receive a scholarship of $1,000. Scholarship checks will be made payable to the school selected by the student and will be mailed to the recipient.


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 your FAFSA Student Aid Report so that financial need can be evaluated.


Applications are available at here

and must be submitted online.  As part of the application process, applicants must agree to a brief phone interview by a member of the Society of Financial Service Professionals.


When is the application filing period?

Applications will be available annually as of February 1 and can be submitted between February 1 and 11:59 pm ET on March 31.


How will I be notified?

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