Wellington Management HBCU Scholars Program

$7,500–$15,000Award Amount
1Number of Awards
1/20/2023Submission Deadline

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Grade Level:

Wellington Management Foundation Scholarship of $5000 is awarded to one deserving student every year. The student should be pursuing an undergraduate course in finance, business, economics, and data science. Students pursuing an undergraduate course in political science, psychology, and history are eligible to apply.

Only African American students enrolled at Historically Black Colleges and Universities are eligible for the scholarship. They need to fill up a FAFSA form as part of the application process.

Students should submit an academic transcript from their last term. Even unofficial transcripts are accepted. The winner can use the scholarship to cover direct educational expenses.

Key Information of Wellington Management HBCU Scholars Program

Study Details

Area of Study

  • Business
  • Data Science
  • Economics
  • Finance
  • History
  • Political Science
  • Psychology

Country of Study

United States

Specific Schools

HBCU Institutes

Scholarship Details

Intended Level of Study


Award Amount


Number of Awards


Wellington Management HBCU Scholars Program Timeline

September 2022

Application Opening Date

Applications open on September 23.

January 2023

Submission Deadline

The submission deadline is on January 20.

Scholarship Eligibility

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

  • Eligible Grade: College Junior – College Senior
  • Maximum Age: Any
  • Required GPA: 3
  • Geographic Eligibility: United States
  • Gender: Any
  • Race/Ethnicity: Black

Application Requirements

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

  • Essay
  • Grade transcript
  • School Verification
  • Present Work Experiences
  • Recommendation letters

How to ace the Wellington Management HBCU Scholars Program


Prepare a well-written essay

Submit an essay while filling up the application form. Read all the instructions carefully before writing and submitting the essay. It will have a strict word limit which should be followed to avoid getting disqualified.


Get your essay checked by others

Get your essay checked by someone after writing it. It will help you identify grammatical errors, spelling mistakes, and typos. The person checking the essay can also offer valuable insights to enrich your write-up further.


Show interest in financial services

Show your interest in financial services, as those students are preferred for the scholarship. Even students, who want to pursue asset management as their career, are perfect for the scholarship. Before applying for the scholarship, students should put some thought into the career they are willing to pursue in the future.


Study hard to achieve top grades

Focus on your academics to obtain good grades. Students need to maintain a minimum GPA of 3.0, but candidates with good grades are likely to create a better impression on the judges. Students also need to submit their grade transcripts.

How the Wellington Management HBCU Scholars Program is Judged

The scholarship winner is declared after considering the essay and grade transcript submitted by applicants.

Why We Love the Wellington Management HBCU Scholars Program


Scholarship is for African-American students

The scholarship is meant explicitly for African-American students who are deprived of opportunities due to racial discrimination.


Gender isn’t an eligibility criterion

The scholarship is an excellent initiative as the gender of the applicants isn’t considered, and no particular gender is favored.


They offer internships

Scholarship recipients are offered paid internships. This is a great opportunity for scholars to gain real-world experience.

5 Facts About Wellington Management Foundation Scholarship


Students should demonstrate financial need

Applicants must show evidence of their financial need, and that proof needs to be verified by their college or university.


Only college juniors are eligible

Students must be in the junior year of their degrees and be enrolled full-time.


For HBCU schools only

Only those enrolled in an accredited HBCU school are eligible.


Wellington Management offers investment excellence

Wellington Management is one of the largest private asset managers globally, and it always remains accountable to clients and offers them the best investment choices.


Wellington Management fights against racial injustice

The organization is dedicated to solving matters of racial injustice by promoting diversity and inclusivity of different ethnic communities in the scholarship.

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