CME Group Foundation Scholars Program

$20,000Award Amount
1Number of Awards
4/4/2023Submission Deadline

The CME Group Foundation is a non-profit organization in Chicago, Illinois. The foundation focuses on improving student math and technology skills, cradle to career.

It was established in 2008 and gifted $16 million from the Chicago Mercantile Exchange Trust (CME Trust).

The scholarship is for undergraduate sophomores, junior and seniors, or graduate students majoring in one of the following degrees: accounting, computer science, cyber security, data science, finance, financial engineering, information technology, math, or statistics. Students also have to be attending one of the partner schools listed.

Key Information of CME Group Foundation Scholars Program

Study Details

Area of Study

  • Accounting
  • Computer Science
  • Cybersecurity
  • Data Science
  • Finance
  • Financial Engineering
  • Information Technology
  • Mathematics
  • Statistics

Country of Study

United States

Specific Schools

  • DePaul University
  • Illinois Institute of Technology
  • Loyola University Chicago
  • National Louis University
  • Northern Illinois University
  • Southern Illinois University Carbondale
  • Stevens Institute of Technology
  • St. Xavier University
  • University of Illinois, Chicago
  • University of Illinois, Urbana-Champaign
  • Wilbur Wright College – Chicago

Scholarship Details

Intended Level of Study

  • Undergraduate
  • Postgraduate

Award Amount


Number of Awards


CME Group Foundation Scholars Program Timeline

February 1, 2023

Application Opening Date

Applications open in early February.

April 4, 2023

Application Closing Date

Applications close in April.

Scholarship Eligibility

To be eligible to apply, applicants must meet the following criteria.

  • Eligible Grade: College Sophomore – Postgraduate
  • Maximum Age: Any
  • Required GPA: 2.5
  • Geographic Eligibility: United States
  • Gender: Any
  • Race/Ethnicity: Black, Hispanic

Application Requirements

Here’s what you need to submits besides your application.

  • Grade transcript
  • Standardized Test Scores

How to ace the CME Group Foundation Scholars Program


Plan out your essay

Spend time on your essay. Keep it detailed and concise. Ensure to avoid silly mistakes such as grammatical errors and so on in your essay.


Apply on time

The early application gives the organization enough time to follow up on you.


Engage in extracurriculars

Extracurricular activities are a bonus to acing a scholarship. This not only increases your chance of winning but spices up your resume.


Fill in all necessary information

Make sure to fill in all necessary information regarding your application. Incomplete applications will not be considered for the scholarship.

How the CME Group Foundation Scholars Program is Judged

The scholarship is judged by the applicant’s test scores that would be taken on the official website and academic excellence.

Why We Love the CME Group Foundation Scholars Program


CME Group Foundation aims to support education

By providing necessary funds for research, the CME Group Foundation continuously supports education in the United States.


Encouraged to share creative ideas and opportunities

Both partners and members are empowered to share creative ideas for better education for children.


Annual contributions to support grantmaking

Grants are contributed for the benefit of initiatives and projects.

5 Facts About the CME Group Foundation


CME Foundation improves children’s readiness to learn

The foundation Board expanded the early childhood education focus to improve assessment scores for minority students in Chicago.


Establishment of Early Math Education Initiative

The Initiative was designed to provide teachers with confidence, tools, and knowledge to teach and motivate children about Mathematics.


Website for Early Learning

They have a website for easy learning of math and the website has over 10,000 to 12,000 visitors.


Multiple scholarship programs

The CME Group Foundation not only runs multiple scholarship programs but also funds educational institutions and research facilities.


They make provisions for grants

They also provide grants to small businesses of special interest to the Foundation.

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Required GPA
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Winner announcement
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