Gordon A. Rich Memorial Scholarship

$12,500–$50,000Award Amount
7Number of Awards
2/16/2023Submission Deadline

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The Gordon A. Rich (GAR) Memorial Foundation was created in honor of Gordon Rich. The foundation sponsors the annual GAR Memorial scholarship. The scholarship sponsors excellent high school seniors with financial need who are joining full-time undergraduate programs.

The scholarship awards $12,500 to seven students annually. The award can be renewed for three years, making the full award $50,000. It is open to students in the top 20 percentile with a minimum GPA of 3.5.

Applicants must be offspring of employees in the financial services industry. Applicants are required to submit a recommendation letter, official transcripts, and standardized SAT I or ACT scores. An essay and proof of financial need should also be submitted.

Key Information of Gordon A. Rich Memorial Scholarship

Study Details

Area of Study


Country of Study

United States

Specific Schools


Scholarship Details

Intended Level of Study


Award Amount


Number of Awards


Gordon A. Rich Memorial Scholarship Timeline

September 15, 2022

Application Open Date

The application opens in mid September.

February 16, 2023

Application Deadline

The application should be submitted by mid-February.

February 22, 2023

Recommenders Deadline

Recommenders should submit the letters by 3 pm CT.

April 2023

Announcement of Winners

Winners will be announced in April.

Scholarship Eligibility

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

  • Eligible Grade: High School Senior
  • Maximum Age: Any
  • Required GPA: 3.5
  • Geographic Eligibility: United States
  • Gender: Any
  • Race/Ethnicity: Any

Application Requirements

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

  • Essay
  • Grade transcript
  • Recommendation letters
  • Standardized Test Scores

How to ace the Gordon A. Rich Memorial Scholarship


Gather your documents early

Start gathering your official transcripts. The transcripts should display your name, school name, grades, credit hours, and term for each course. If you attended multiple schools, get the transcripts from each of them. Sit for your ACT or SAT exam before December to have the results ready by the deadline.


Review the full list of requirements

For a more comprehensive listing of eligibility criteria and requirements, visit the scholarship website. Familiarize yourself with all that’s required of you, including the Master list of companies in the financial services industry.


Highlight activities that show your best traits

Make sure you highlight the activities that show your extraordinary skills and abilities. This can be anything from community service to mastering an instrument. Whether you’re the master of one or an all-rounded student, let your strengths shine in the essay.


Receive feedback on your essay

Getting a second or third opinion on your essay is always a good idea. Ask your friends or parents to point out areas you can improve on. They will also pick up on any typos you may have missed.

How the Gordon A. Rich Memorial Scholarship is Judged

Applications will be judged based on academic merit, leadership qualities, extracurricular activities, demonstrated financial need, and the quality of answers provided in the application form. Incomplete applications and applications submitted after the deadline will not be considered.

Why We Love the Gordon A. Rich Memorial Scholarship


Eight scholarships were awarded in 2022

The foundation awarded eight, instead of the usual 7 students in 2022.


Scholars are eligible for an extra award

GAR scholars are eligible to receive the $5,000 Parkman Prize


The body of GAR scholars is diverse

There is a diversity of interests, majors, ethnicity, accomplishments, and religion in the body of scholars.

5 Facts About The GAR Memorial Foundation


It awarded $236,000 in 2021

$236,000 went towards supporting GAR scholars in 2021.


It supports 33 students countrywide

33 students in diverse universities receive financial support from GAR.


The scholarship has 60 alumni

The alumni body has grown to 60.


The first GAR graduate was from Harvard

Alex Levin graduated from Harvard in 2007.


Scholarship America administers GAR scholarships

Scholarship America has been entrusted with the role of administering the GAR scholarships.

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