For the seventh straight year, Massachusetts Mutual Life Insurance Company, known as MassMutual, will offer $150,000 in scholarships to high-achieving college students across the country, including Puerto Rico.
The company plans to give 30 scholarships to students who have an interest in pursuing careers in the insurance and financial services industries, it announced Monday.
“The MassMutual Scholars Program, is a great way for MassMutual to provide financial support to talented students across the country,” said Nick Fyntrilakis, MassMutual, vice president, Community Responsibility.
“These scholarships will not only help college students obtain their degrees, but also assist in decreasing student debt and raise awareness of careers in insurance and financial services,” he said.
The scholarship program is open to students of all majors. Applicants must attend an accredited college or university in pursuit of an undergraduate degree, demonstrate financial need, and meet certain academic requirements, such as minimum cumulative grade point average of 3.0 on a 4.0 scale.
To be eligible, applicants must:
- Be entering sophomore, junior, senior or 5th-year senior year in pursuit of an undergraduate degree at an accredited college or university.
- Plan to attend a degree-seeking program, full-time at a U.S. accredited institution in the U.S., Puerto Rico, U.S. Virgin Islands or Guam during the 2015-2016 academic year.
- Demonstrate leadership and participation in extracurricular activities.
- Complete and submit for federal financial aid by completing the Free Application for Federal Student Aid (FAFSA) at www.fafsa.ed.gov.
The application deadline for this year’s awards March 31, 2015. For more information on how to apply or to obtain an application, visit https://massmutual.scholarsapply.org.