Scholarship
GENERAL SCHOLARSHIP INFORMATION
Two $3,000 Academic Scholarships to be awarded in Spring and Fall Semesters
One of the primary goals of CFMA is education. Qualified employees are needed in the field of construction accounting and finance. This need will largely be filled by students graduating from one of our area colleges. The Dallas/Fort Worth Chapter of the Construction Financial Management Association (CFMA) has established a Scholarship program to award Scholarships to qualified candidates. These scholarships are an investment in the field of construction, and in the Dallas/Fort Worth area. They provide promising construction professionals with financial assistance while completing their studies.
Scholarships are awarded twice a year, once during the spring and once during the fall. Scholarship applications must be received no later than May 10 for the Spring 2024 Scholarship. Previous recipients are eligible to re-apply in any semester for which they qualify, but a new application must be submitted each time.
Submit your completed application form, letter of recommendation, essay and college transcript by the dates listed above to the Scholarship Committee Chair, as follows. Preferred method for submission is email.
Lena Ho
Austin Industries
PO Box 2879
Dallas, TX 75221
lho@austin-ind.com (214) 443-5500
General Eligibility Criteria
1. Have an existing or prospective relationship with the Dallas/Ft. Worth area.
a. Demonstrate a relationship with CFMA, TEXO or ASA OR
b. Be a graduate of a high school located in the Dallas/Ft. Worth area OR
c. Be currently enrolled in a college or university in the Dallas/Ft. Worth area OR
d. Demonstrate the ability and desire to pursue a career in accounting/finance related to the construction industry in the Dallas/Ft. Worth area.
Scholarship Submission Requirements
In order to be considered for a scholarship, all applicants must submit all of the following:
1. CFMA Dallas/Fort Worth Chapter Scholarship Application
2. A college or university transcript from the most recent semester showing:
a. A cumulative grade point average of 3.00 or higher on a 4.00 scale AND
b. They have completed at least three courses (9 credit hours) from the following subject areas: accounting, finance, or construction-related classes.
3. A letter of recommendation from someone who knows you well and can tell us honestly about your character and achievements. The letter of recommendation should answer two questions:
a. How does the applicant perform compared to his/her peers?
b. Does the applicant exemplify what you consider to be good character?
4. An essay outlining your professional goals, which geographic area you expect to achieve those goals in, and how this scholarship will help you achieve those goals. (Limit 500 words)
Scholarship Committee Evaluation Criteria
The scholarship committee will evaluate each application submitted prior to 11:59pm Dallas Time on the deadline. The scholarship committee will use the following criteria to evaluate and rank the applications using the following, equally weighted criteria:
1. Academic Aptitude – College coursework, transcript
2. Professional Goals – Essay, application
3. Character Strength – Letter of Recommendation
Preference will be given to candidates that are majoring in Accounting or Finance; however candidates in other fields of study will still be considered for a scholarship award.
Scholarship winners will be notified via email. Awards will be presented in May for the Spring semester and December for the Fall semester at the CFMA monthly member luncheon.
Conditions and Restrictions: The scholarship committee reserves the right to deny any applicant if the committee feels the applicant does not meet the requirements. Scholarships are limited to the amount and number decided by the board on an annual basis. All Applicants will be considered without regard to race, creed, religion, ethnicity or sexualorientation.