Awards & Scholarships

Awards & Scholarships

Students submitting applications for scholarships and students accepting scholarships and awards agree that their application and qualification information can be shared with the donors.

Fischer-Shain Center for Financial Services Undergraduate Scholarships


  • Candidates must be a citizen or permanent resident of the United States or Canada.
  • Candidates must be current sophomores, juniors or seniors are enrolled at Temple University and who will continue to be enrolled with at least one more semester of full-time study after the semester in which they apply.
  • Candidates must have an intent to work in the financial services industry following graduation. This would include but is not limited to employment at financial services organizations which are the primary target of Fischer-Shain relationship outreach. FSC target outreach organizations include commercial banks, savings and loans, credit unions, and financial regulatory entities.
  • A minimum grade point average of 2.90 on a 4.0 scale (or the equivalent) overall is required.

How to apply:

Submit a cover letter with a statement of interest, an essay detailing your interest in a career in financial services and resume to the  detailing your interest in a career in financial services. Submissions will be accepted on a rolling basis throughout the academic year.

Students can demonstrate their intent to work financial services through a variety of means beyond their essay including:

  • Enrollment in and completion of financial services aligned coursework in the Fox School of Business such as Fin3515 Financial Markets and Institutions, Fin 3526 Commercial Credit Essentials or Commercial Credit Risk Analysis (former name), Fin3505 Bank Enterprise Risk Management, etc.
  • Prior employment in a financial services firm including completion of an internship at a firm or organization in the financial services arena.
  • Membership in professional or student organizations in the financial services arena such as the Risk Management Association.

Additional information:

Students who have been awarded scholarships are eligible for additional awards in subsequent semesters pending progress and continued commitment to a career in financial services. Progress and continued commitment should take the form of additional coursework; continued employment or internship progression; documented active participation in professional or student organizations with an emphasis on careers in financial services, etc.

Nicholas A. Rago Endowed Scholarship

The Nicholas A. Rago Endowed Scholarship provides scholarships to students with financial need who are enrolled in the Fox School of Business, with a preference for graduates of South Philadelphia High School. Preference shall be given to students with demonstrated student government or organizational leadership experience in high school, exclusive of athletics.

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Martin and Elaine Sussman Scholarship at the Fox School of Business

The Martin and Elaine Sussman Scholarship at the Fox School supports undergraduate students with financial need, with a first preference for children of full-time employees of the Sussman organization and second preference for students who are residents of Abington Township, PA.

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Paul Berger Endowed Scholarship

Scholarships to students with financial need enrolled in the Fox School of Business, with a first preference for graduates of South Philadelphia High School, second preference for graduates of Furness High School and third preference for graduates of any high school in Philadelphia, Pennsylvania.

In addition, each academic year, an additional scholarship shall be awarded to an incoming first-year student enrolled, who is a graduate of South Philadelphia High School.

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Maguire Business Scholars Program

The Maguire Business Scholars Program is a last-dollar scholarship program for students who major in the Risk, Insurance, and Healthcare Management degree program. This prestigious award is made possible by the Maguire Foundation who is committed to improving the quality of life for people through investing in education to improve opportunities for youth and believes that education builds a solid foundation for success. Maguire Scholars are encouraged to give back to society through good works and community service.

To be eligible for consideration, candidates must meet the following criteria:

  1. Demonstrated financial need, determined though a completed FAFSA form.
  2. Be in good academic standing as determined by the University.
  3. Pursuing a major (or double major) in Risk Management and Insurance.
  4. Be a member and active participant in the Fox School’s Sigma Chapter of Gamma Iota Sigma.
  5. Preference shall be given to students from a Maguire High School Partner and students who were Maguire High School Scholars.
  6. The Maguire Foundation Scholarships is renewable based on the student maintaining the above criteria throughout their enrollment at the Fox School. Maguire Scholars are encouraged to follow the Foundation’s “6 Steps to Success”:
    1. Show up every day. Set goals and have dreams. Success is a marathon.
    2. Be passionate and positive about your dream. If you don’t love it, you’ll never make it.
    3. Be a high achiever. In business or in school, that means being professional and being a leader. You and you alone know if you’re giving a full measure of your effort.
    4. To be successful, you have to stay fit physically and mentally, stay positive, stay motivated.
    5. The most important of my principles: surround yourself with winners in business and personal life.
    6. Balance your life. Give an equal measure of time and attention to: Family, Business, Fitness, Spiritual Life.

Application will only be viewable during the application period, which will be announced at a later date.

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River Ward Scholarship

Scholarship – Tuition
Scholarships will be awarded to incoming or current Fox School of Business or Sport, Tourism, and Hospitality Management undergraduate students who grew up in the River Ward district (Port Richmond, Bridesburg, Kensington, and Fishtown) and are deemed eligible by the Fox School CAFSBM committee & in compliance with donor intent. Scholarships are renewable for up to 4 years if the student maintains a 3.0 CGPA or better.

Current resident:
Valid driver’s license or current utility bill w/ name & address

Legacy Applicant:
Name & address of the legacy contact, Relationship to the legacy contact, Reference name & contact number that knows the Applicant’s Legacy Relationship

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Fox School Awards Competition
  • Students with financial need must complete their FAFSA details and select Temple as the school to send the details, no later than February 25, 2022.
  • If you do not complete the FAFSA in time, you will not be submitted for consideration of any scholarship where “financial need” is required.
  • You must complete the General Application and hit submit. Then begin to apply to the opportunities by going to where there is a green arrow, mouse over “opportunities” and then click on “All”. Read the description under each opportunity’s requirements and apply to those for which you qualify. Many scholarships/awards ask for essays or other pertinent information as described within the opportunity and you will not advance until you complete these requirements.
  • By applying for any award, you consent to share any/all necessary application data with scholarship donors to determine eligibility
  • After all the applications have been reviewed, and if you are offered a scholarship/award, you may receive an email from Academic Works requiring you to upload an appropriate photo of yourself, as well as a thank you note to the donors. If you do not upload these documents, SFS will not apply the scholarship dollars to your tuition invoice.

The CAFSBM applications will open up (2/1) and close on 2/28. Winners  are notified in late March and most of the awards are for the following academic year.

Supplemental Academic Scholarships (SAS)

The Supplemental Academic Scholarships are a group of Temple University-administrated scholarships awarded annually thanks to the generous support of donors.

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AMP International Research Scholars Program

The Temple AMP International Research Scholarship provides undergraduate students a stipend of $5,000 in support of international STEM research projects undertaken with the supervision of a faculty mentor during the summer. To be eligible, students must be underrepresented minority STEM majors, US citizens or permanent residents, enrolled full-time at the time of application and at Temple Main Campus for the fall semester following the research experience and propose to conduct STEM research in an international location for a minimum of four (4) weeks. The scholarships are competitive and limited to eight (8) awards.

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Diamond Peer Teachers Program

For fall semester – The Diamond Peer Teachers Program provides upper-level undergraduates at Temple University the opportunity to experience the challenges and rewards of college-level teaching, to work with faculty mentors to develop their own pedagogical skills, and to provide supplemental instruction in lower-level and GenEd courses. Peer Teachers earn a semester stipend of $2,250 and tuition remission for one internship credit.

Fall 2019 application is now open with a deadline of March 1

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Creative Arts, Research, And Scholarship (CARAS) Program

For summer and fall projects – The Creative Arts, Research And Scholarship (CARAS) Program provides funding to encourage and support undergraduate and professional students engaged in scholarly, creative, and research projects that contribute to advancing their field of study. Two types of grants are made through the CARAS program: Research/Creative Project Grants provide undergraduate and professional students up to $3,000 in support of scholarly, research or creative arts projects undertaken with the supervision of a faculty mentor. Travel Grants provide up to $1000 for undergraduate travel to present research or creative work or travel to conduct on-site research.

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The BLBB Charitable Financial Planning Scholarship

BLBB Charitable, the giving arm of BLB&B Advisory in Montgomeryville, Pennsylvania, encourages all sophomores who are majoring in Financial Planning at Temple University’s Fox School of Business to apply for a partial tuition scholarship for their junior and senior years. The Ellis Foundation in Kansas will interview finalists and select candidates. Candidates will be informed of their scholarship by late spring in their junior year. Additionally, BLBB Charitable requires each recipient to participate in community service in connection with some of BLBB Charitable’s other grantees, such as delivering Money 101 trainings to benefit the greater Philadelphia community.

What: Scholarships range from $2,000 – $8,000 per semester per student for up to four consecutive semesters of one’s junior and senior years

Who: Rising juniors or seniors majoring in Financial Planning (preference given to rising juniors for a two-year scholarship potential)


  • Demonstrate academic strength and have a minimum GPA of 3.0;
  • Actively participate in extracurricular activities at Temple and/or in their community;
  • Possess high ethics and integrity; and
  • Have a strong interest in pursuing a financial planning career and a commitment to the financial planning profession.

When: Applications will be accepted starting early January until early March.

How: Contact Cynthia Axelrod for more information and how to apply.