Matt Fong Asian Americans in Public Finance Scholarship is a program that provides financial assistance to Asian American and Pacific Islander students who are pursuing a career in public finance.
This scholarship is named in honor of Matt Fong, who served as the State Treasurer of California and was the first Asian American to be elected to a statewide office in California.
The scholarship is designed to support students who are studying fields such as public administration, finance, accounting, economics, business administration, or political science. The program aims to encourage academic excellence, leadership, and community service among Asian American students, and to help them achieve their educational and professional goals.
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Matt Fong was an American politician and public servant who served as the State Treasurer of California from 1995 to 1999. He was born on November 20, 1953, in Oakland, California, to a family of Chinese immigrants. Fong graduated from the University of California, Berkeley, with a degree in economics and went on to earn a law degree from Southwestern University School of Law in Los Angeles.
Fong was a member of the Republican Party and served as the Vice Chairman of the California Republican Party. He was the first Asian American to be elected to a statewide office in California and was known for his work on issues related to fiscal responsibility and public finance. During his tenure as State Treasurer, Fong was responsible for managing the state’s investments, issuing bonds, and overseeing the state’s financial operations.
Fong was also active in community service and served on the boards of several nonprofit organizations, including the California State University Board of Trustees and the California State Teachers’ Retirement System. He passed away on June 1, 2011, at the age of 57.
Purpose of the Matt Fong Asian Americans in Public Finance Scholarship
The Matt Fong Asian Americans in Public Finance Scholarship is designed to provide financial assistance to Asian American and Pacific Islander students who are pursuing a career in public finance. The purpose of the scholarship is to encourage academic excellence, leadership, and community service among Asian American students and to help them achieve their educational and professional goals.
The scholarship aims to support students who are studying fields such as public administration, finance, accounting, economics, business administration, or political science, and who are committed to pursuing a career in public finance. By providing financial assistance to these students, the scholarship program seeks to foster the development of future leaders in the field of public finance, who will work to promote fiscal responsibility and good governance in their communities and beyond.
In addition to providing financial support, the scholarship program also aims to help students connect with professionals in the field of public finance, by providing opportunities to attend conferences and network with experts in the industry. Overall, the purpose of the Matt Fong Asian Americans in Public Finance Scholarship is to support the educational and professional aspirations of Asian American and Pacific Islander students and to help them become effective leaders in the field of public finance.
Matt Fong Asian Americans in Public Finance Scholarship Eligibility Requirements
To be eligible for the Matt Fong Asian Americans in Public Finance Scholarship, applicants must meet the following requirements:
- Be of Asian American or Pacific Islander heritage.
- Be a United States citizen or legal permanent resident.
- Be enrolled in an accredited undergraduate or graduate program in the United States, pursuing a degree in one of the following fields: public administration, accounting, finance, political science, economics, or business administration.
- Have a minimum cumulative GPA of 3.0 on a 4.0 scale.
- Demonstrate leadership skills, academic excellence, and a commitment to community service.
- Provide two letters of recommendation, at least one of which must be from a faculty member.
- Submit a personal statement explaining their educational and career goals, as well as their reasons for pursuing a career in public finance.
- Agree to attend the annual conference of the National Association of Securities Professionals (NASP), if selected as a scholarship recipient.
Please note that preference is given to applicants who are current NASP members, although membership is not required to be eligible for the scholarship.
Matt Fong Asian Americans in Public Finance Scholarship Application Process
To apply for the Matt Fong Asian Americans in Public Finance Scholarship, applicants must complete the following steps:
- Visit the National Association of Securities Professionals (NASP) website to access the scholarship application.
- Complete the online application form, including personal information, educational background, and extracurricular activities.
- Submit two letters of recommendation, at least one of which must be from a faculty member.
- Upload a personal statement explaining their educational and career goals, as well as their reasons for pursuing a career in public finance.
- Provide an official transcript from their current academic institution.
- Agree to attend the annual conference of the NASP, if selected as a scholarship recipient.
- Submit the completed application by the deadline.
It is important to note that applicants must ensure that all application materials are submitted by the deadline and meet the eligibility requirements. Incomplete or late applications will not be considered. Applicants are encouraged to review the application instructions carefully and to reach out to the NASP if they have any questions or concerns about the application process.
Matt Fong Asian Americans in Public Finance Scholarship Acceptance rates
Acceptance rates for the Matt Fong Asian Americans in Public Finance Scholarship vary. The National Association of Securities Professionals (NASP), which administers the scholarship program, does not publish data on the number of applications received or the number of scholarships awarded each year.
However, it is important to note that the scholarship program is highly competitive, and the selection process is rigorous. Applicants must meet strict eligibility requirements and demonstrate strong academic performance, leadership skills, and a commitment to public finance. Only a limited number of scholarships are awarded each year, and preference is given to applicants who are current NASP members.
Despite the competitive nature of the scholarship program, interested applicants should not be discouraged from applying. The scholarship provides a significant amount of financial assistance and valuable networking opportunities, and receiving the award can be a tremendous boost to a student’s academic and professional aspirations.
Scholarship Award
The Matt Fong Asian Americans in Public Finance Scholarship provides financial assistance to students pursuing undergraduate or graduate degrees in public administration, accounting, finance, political science, economics, or business administration. The scholarship awards vary in amount each year but typically range from $2,500 to $5,000.
In addition to the monetary award, scholarship recipients will receive a complimentary one-year membership to the National Association of Securities Professionals (NASP) and will be invited to attend the annual NASP conference. The conference is a valuable networking opportunity and a chance to meet with professionals in the public finance industry.
Scholarship funds are disbursed directly to the recipient’s academic institution and can be used to cover tuition, fees, and other education-related expenses. Recipients must maintain a minimum cumulative GPA of 3.0 on a 4.0 scale and must provide the NASP with periodic updates on their academic progress.
It is important to note that the scholarship award is a one-time payment and is not renewable. However, past recipients are eligible to reapply for the scholarship in subsequent years if they continue to meet the eligibility requirements.
frequently asked questions
Who is eligible to apply for the scholarship?
Students of Asian American or Pacific Islander heritage who are pursuing undergraduate or graduate degrees in public administration, accounting, finance, political science, economics, or business administration are eligible to apply.
What is the application deadline?
The application deadline varies each year but typically falls in the spring. Applicants should check the NASP website for the most up-to-date information.
How much is the scholarship award
The scholarship awards vary in amount each year but typically range from $2,500 to $5,000.
How are scholarship recipients selected?
Scholarship recipients are selected based on several criteria, including academic excellence, leadership skills, commitment to public finance, quality of personal statement, letters of recommendation, and diversity.
Can scholarship recipients reapply in subsequent years?
Yes, past recipients are eligible to reapply for the scholarship in subsequent years if they continue to meet the eligibility requirements.
What are the requirements for maintaining the scholarship?
Scholarship recipients must maintain a minimum cumulative GPA of 3.0 on a 4.0 scale and must provide the NASP with periodic updates on their academic progress.
How do I apply for the scholarship?
Applicants can apply for the scholarship by creating an account on the NASP website and completing the online application form. Supporting documents, such as transcripts and letters of recommendation, must also be submitted through the website.