Urban Financial Services Coalition
Urban Financial Services Coalition
Detroit Chapter
To unite minorities in the financial services industry in and around the City of Detroit and provide opportunities that encourages professional development for those pursuing careers in financial services.
October 26, 2007
Dear Students and Counselors,
The Urban Financial Services Coalition is a non-profit organization of minority professionals in the Financial Services Industry. The organization changed its name in June of 2000 from the National Association of Urban Bankers (NAUB), to encompass its affiliates in the Financial Services Industry.
Over the years, UFSC has grown and changed to meet the needs of the dynamic industry which it serves. It has become an all-encompassing association for individuals in the Banking, Insurance, Brokerage, Securities and other entities in the financial services industry.
UFSC supports programs that offer practical benefits for minority financial services professionals, banks and financial institutions. The underlying goals and objectives include fostering the interest and expanding the numbers of minorities in banking; increasing community service activities in low-income communities; enhancing scholarship programs for minority youth in pursuit of financial services careers; and cultivating a premiere job bank of experienced minority banking professionals.
Since 1997, the UFSC Detroit Chapter has awarded over $128,000 in scholarships to talented high school students in the Greater Detroit area. In addition, over the past twenty years, UFSC has awarded over $450,000 in scholarships to deserving college students.
The annual UFSC Scholarship program is one of the vehicles used to acquaint students with opportunities in the financial services industry. Urban Financial Services Coalition is hoping you will assist us as we continue our objective to identify and support excellence in education.
Sincerely,
Beatrice Bragg
Scholarship Chair
Urban Financial Services Coalition
Detroit Chapter
Urban Financial Services Coalition
Detroit Chapter
Scholarship Program
Application Requirements
High School Scholarship ($2,000):
• Graduating High School Senior
• Planning to attend an accredited four-yearCollege or University in the Fall of 2008
• Minimum B or 80% grade point average
• Michigan resident
• Pursuing aFinancial Services related degree (i.e., finance, accounting, economics, business, management, business administration or marketing)
• Demonstrated leadership abilities and/or school and community involvement
• 2 Letters of Recommendation– All applicants are required to provide two letters of reference from a teacher or school official, community representative or current/previous employer. This letter should expound on the applicant’s demonstrated ability in academics, extracurricular activities, character and leadership (on letterhead, one page maximum)
• OfficialHigh School Transcript
• Completed Essay
• Completed Application
College Scholarship ($2,000):
• Currently attending an accredited four-yearCollege or University
• Minimum GPA: 3.0
• Michigan resident
• Financial Services related degree (i.e., finance, accounting, economics, business, management, business administration or marketing)
• Demonstrated leadership abilities and/or school and community involvement
• 2 Letters of Recommendation - All applicants are required to provide a letter of reference from a teacher or school official, community representative or current/previous employer. This letter should expound on the applicant’s demonstrated ability in academics, extracurricular activities, character and leadership (on letterhead, one page maximum)
• Proof of registration for the next semester with minimum of 12-credit course load
• Official Transcript
• Completed Essay
• Completed Application
Scholarship Candidates will be selected based on ranking in the following areas:
Leadership: Candidates should be able to demonstrate character and leadership skills through their involvement in community organizations and/or through their place of employment.
Career Goals: Preference will be given to those candidates electing to pursue a career in business, financial servicesindustry. The candidate’s curriculum should reflect the stated career goal.
Essay & GPA: Candidates will be judged on personality, written communication skills, overall grade point average and interview skills.
2008 Scholarship recipients must submit proof of registration and/or acceptance to an accredited four year college or university in order to receive the scholarship award.
Urban Financial Services Coalition
Detroit Chapter
SCHOLARSHIP APPLICATION
To be eligible for consideration for a 2008 Scholarship Award, applications MUST be postmarked by March 25, 2008.
Submit all applications to:
The Scholarship Committee
Urban Financial Services Coalition
P.O. Box 310722
Detroit, MI48231
Or
Email:
Date: ______Nationality: ______
(Optional)
Name: ______
Home Address: ______
City: ______State: ______Zip Code:______
Home Tel. #: ______Alternate Tel:______
E-mail: ______
School Name(Currently enrolled in):______
Expected Graduation Date: ______
College/University you plan to Attend:______
(High School Students Only)
Major (s)______
Minor(s)______
Please Check One:
HS Senior______College Freshman______College Sophomore_____ College
Junior______College Senior_____
Overall GPA: ______(attach official transcript)
Name: ______GPA: ______
Urban Financial Services Coalition
DETROIT Chapter
SCHOLARSHIP APPLICATION
• List all extracurricular activities/demonstration of community involvement (attach documentation to support your involvement (i.e. Awards, Certificates, etc.)
• List any work experience. Include date(s) and location(s), or you may attach a current resume.
• List future educational and/or career goals.
• Anticipated use of the Urban Financial Services Coalition- Detroit Chapter Scholarship
Urban Financial Services Coalition
Detroit Chapter
SCHOLARSHIP APPLICATION
ESSAY QUESTIONS
Choose only ONE essay. Maximum 800 typed words.
1. Leadership skills are one of the keys to success. What leadership characteristics or qualities do you possess that set you apart from your peers? Explain.
2. What impact has current technology had on your generation? Please explain the positive and negative aspects.
3. You have an opportunity to establish your own business. Discuss your strategies for choosing the type of business, how it will be funded, the marketing plan, plans for day–to-day operations, etc.