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The Colorado Fiscal Managers’ Association (CFMA) established the Tim Smith Memorial Scholarship in memory of a previous president of the organization and former Deputy Director of the Colorado State Lottery who died while serving Colorado taxpayers.
The SELC continues to award the Tim Smith Memorial Scholarship to undergraduate students majoring in finance or accounting on an annual basis. The Tim Smith Scholarship is supported by donations and annual fundraising events.
One successful applicant will receive a $1,000 grant to aid in the funding of their school. Colorado citizens starting their sophomore, junior, or senior year of undergraduate study at a state-supported higher education school in Colorado are eligible for this grant.
Key Information of Tim Smith Memorial Scholarship for Accounting and Finance Students
Area of Study
- Financial Management
Country of Study
Intended Level of Study
Number of Awards
Tim Smith Memorial Scholarship for Accounting and Finance Students Timeline
Application Open Date
Applications open on January 1.
The submission deadline is on May 31.
Awards Announcement Date
The winner is announced on June 27.
To be eligible to apply, applicants must meet the following criteria.
- Eligible Grade: College Sophomore – College Senior
- Maximum Age: Any
- Required GPA: Any
- Geographic Eligibility: Colorado
- Gender: Any
- Race/Ethnicity: Any
Here’s what you need to submits besides your application.
- Grade transcript
- Present Work Experiences
How to ace the Tim Smith Memorial Scholarship for Accounting and Finance Students
Cultivate your work to be unique
A two-page essay outlining why being a scholarship winner is important, as well as how you plan to use the scholarship, is required for application. Describe your contributions to the state of Colorado in the past, present, or future, as well as your long-term ambitions. Your essay can go beyond the topics covered in the application form or incorporate other unique elements.
Enroll in the required degrees
Applicants must be enrolled in a degree program in accounting, finance, government, public policy, or public administration, with a declared major in one of these fields. Also, express your determination in your field of choice.
Ensure your intended location of study is Colorado
Applicants must intend to pursue a career with the State of Colorado, and must clearly demonstrate such intent in their essay.
Strive for academic excellence
One of the judging criteria is proof of strong academic standing. Because a college transcript is required for admission, you should have great academic records. So work hard on keeping your grades up and maintaining a good GPA. Grades will be an indicator of how dedicated and serious you are.
How the Tim Smith Memorial Scholarship for Accounting and Finance Students is Judged
Academic achievement, participation in extracurricular organizations and/or activities, work experience, and community involvement will all be considered for scholarships.
Why We Love the Tim Smith Memorial Scholarship for Accounting and Finance Students
Recipients honored at a luncheon in Denver
Recipients of the award are required to attend SELC's Scholarship Awards Luncheon in Denver, which takes place in the middle of June each year. This is a good opportunity for networking and career development.
Career connectivity via State Employees Leading Colorado
The scholarship recipients will be able to network and gain experience in accounting, finance, government, public policy, or public administration in Colorado, opening many doors for career development.
Funds can be for more than tuition
Scholarship recipients can utilize the funds for purposes other than tuition. It can be used to assist with computers or textbooks.
5 Facts About Tim Smith Memorial Scholarship
Scholarship winners study in Colorado colleges
Applicants must study and be willing to work in Colorado.
Part-time students are eligible
Part-time students will be awarded on a pro-rata basis based on the credit hours, for which they are registered.
The scholarship honors Tim Smith
This scholarship honors Tim Smith, the organization's past president and former Deputy Director of the Colorado State Lottery, who died while serving Colorado's citizens.
The scholarship is sponsored through annual fundraisers
The Tim Smith Scholarship is supported by donations and annual fundraising activities.
The sponsoring organization is a merger
State Employees Leading Colorado (SELC) was formed in May 2017 when the Colorado Fiscal Managers Association (CFMA) and the Colorado State Managers Association (CSMA) united to establish State Employees Leading Colorado (SELC).