What is the FSDA Investment in the Future Scholarship?
The FSDA Investment in the Future Scholarship is a scholarship program sponsored by the Florida Securities Dealers Association, Inc. ("FSDA") for the benefit of families of individuals whose employers are members of the FSDA.
What is the purpose of the FSDA Investment in the Future Scholarship?
The purpose of the FSDA Investment in the Future Scholarship is to recognize and assist students who have demonstrated academic achievement, leadership skills, commitment to service, high ethical standards, and an interest in pursuing a career in the securities industry.
What is the amount of the FSDA Investment in the Future Scholarship? How many scholarships are available? The total amount of the FSDA Investment in the Future Scholarship is $1,250, payable in one lump sum. One (1) scholarship will be awarded each calendar year. If there is no applicant in a given year, up to one (1) scholarship may be carried forward to the following year, with a limit of two (2) scholarships being awarded in any single year.
Who is eligible to receive an FSDA Investment in the Future Scholarship? To be eligible for an FSDA Investment in the Future Scholarship, you must be:
employed by a firm that is a member in good standing of the Florida Securities Dealers Association, Inc.; or
an immediate family member (child, sibling, or parent) of an individual employed by a firm that is a member in good standing of the Florida Securities Dealers Association, Inc
Who determines the recipients of an FSDA Investment in the Future Scholarship? Recipients of the FSDA Investment in the Future Scholarship are chosen by the FSDA Scholarship Committee, a committee of individuals appointed by the Board of Governors of the FSDA. All decisions of the Scholarship Committee are final and within the complete discretion of the Committee.
What type of expenses does the FSDA Investment in the Future Scholarship Program cover? Scholarship proceeds may be applied toward payment of tuition, books, fees, room and board, and other educational costs charged by the academic institution in which the scholarship recipient is enrolled. Scholarship payments are made by check payable to the academic institution in which the recipient is enrolled.
Do students need to be enrolled in college programs of study leading to four-year college degrees to receive an FSDA Investment in the Future Scholarship? Yes.
What is the Florida Securities Dealers Association, Inc.? Founded in 1933, the Florida Securities Dealers Association, Inc. is one of the oldest and largest state securities associations in the nation. The FSDA's members represent nearly every segment of the securities industry in Florida, including broker-dealers, investment advisers, investment bankers, mutual fund companies, insurance companies, financial services companies, and law and accounting firms. The FSDA represents its members before state legislators and regulators, and also serves investors throughout Florida.
How can I obtain application materials for the FSDA Investment in the Future Scholarship? Information is available on request by contacting the Florida Securities Dealers Association, Inc.,
P.O. Box 12092, Tallahassee, Florida 32317-2092.
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What is the deadline for applying? All applications, plus supporting documentation, must be received by the
FSDA Scholarship Committee on or before May 15 for the academic year commencing the following fall.
When will I be notified if I have been awarded an FSDA Investment in the Future Scholarship? Applicants will be notified by July 15.
Will it cost me anything to apply? No.
Where do I send my completed application for the FSDA Investment in the Future Scholarship? Applications may be submitted online through the FSDA’s web site (www.floridasecurities.com), e-mail (admin AT floridasecurities.com), or by regular mail (FSDA SCHOLARSHIP COMMITTEE, P.O. Box 12092, Tallahassee, Florida 32317-2092). Failure to submit the Application for Scholarship, including academic transcript(s) by the Application Deadline shall result in the application being eliminated from the current year's selection process.
