The objective of the Women’s Bond Club Scholarship Program is to award a scholarship to a young woman in high school who is looking to advance in a career in business/finance/technology in a financial services firm. Since its inception in 2000, WBC has awarded 100 scholarships totaling $1,960,000 under the Scholarship Program. The scholarship is merit based and is awarded to the student over the course of 4 years to pay for books, expenses, etc. Currently, the award amount is $40,000 ($10,000 per year). The award does not impact further financial aid consideration. Proof of registration is required prior to each year’s scholarship payment. A school transcript after each semester is also required to verify GPA and continued academic eligibility.
The WBC Scholarship Program is available to a select number of NYC public high schools with a business curriculum. While the New York City Department of Education has many public high schools, the WBC offers the scholarship to business-oriented high schools in Manhattan, Brooklyn, the Bronx, Queens and Staten Island as a method of focusing on schools that would have likely candidates.
Since 2000, the WBC Scholarship Program has awarded well-deserving young women from high schools in the New York metropolitan area including High School of Economics & Finance, Jacqueline Kennedy Onassis High School, Murry Bergtraum High School for Business Careers, A. Philip Randolph, Young Women’s Leadership, Manhattan/Hunter Science, City College Academy of the Arts, Fort Hamilton, Frederick Douglass Academy I, East Side Community High School, Harlem Village Academy, Louis D. Brandeis, Kipp College Prep HS Manhattan, Manhattan Business Academy and Manhattan Center for Science and Math. During 2014 and 2015, the WBC Scholarship Program added schools in the Bronx, Brooklyn, Queens & Staten Island.
Scholarship Eligibility Guidelines
The award will be granted to a student who must:
- be a female high-school senior in an eligible NYC public high school (Click here to see Eligible High Schools)
- be a U.S. citizen or permanent resident
- have achieved a GPA of 90 or higher
- show demonstrated proficiency in business and math courses
- achieve a combined minimum SAT score of 1000 (for Math and Verbal) or ACT greater than 21
- be a demonstrated leader (in academic or extracurricular activities)
- be well-rounded (participating in clubs or other extracurricular activities)
- clearly show interest in business, preferably finance
- apply to 4-year accredited colleges
- meet the standards of the college they attend and remain in good standing in their program
- enroll for a minimum of 12 credits per semester
- maintain a minimum GPA (3.0)
- maintain a minimum grade in each class taken (3.0)
- provide one teacher recommendation (from business or math teacher)
- maintain active participation in the WBC Mentoring program
Requirements for Scholarship Application
The scholarship application requires the following information:
- Address / Phone
- Date of Birth
- Social Security Number
- Grade Point Average (GPA)
- Class Rank (if known)
- Transcript (must be included with application)
- SAT Scores
- Extracurricular Activities
- Colleges Applied/Accepted/Attending
- List of other scholarships applied for and whether received
- Essays (Career objectives (50 words or less); Personal statement of education goals and objectives and their effect on career plans (250-1,000 words))
- Teacher Recommendation (from a math or business teacher)
Previous WBC Scholarship winners have attended colleges such as Baruch College, Boston University, Brandeis University, Carnegie Mellon University, Cornell University, Fordham University, Georgetown University, Lehigh University, Middlebury College, New York University, Skidmore College and Williams College.
These young women take top honors in their graduating class – many holding the title of Valedictorian. With hard work, perseverance, and a desire to achieve, these scholarship winners continue to perform with excellence as they enter their college years in pursuit of a career in business. In addition to outstanding academic performance, they participate in various extracurricular activities, such as volunteering in community services, holding internships at leading organizations, and joining academic programs.
WBC Scholarship winners have also applied for and obtained internships at various WBC member firms and in some cases have been offered full time employment.