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The Financial Managers Society (FMS) is a national organization dedicated to providing educational and networking opportunities to Presidents, Chief Financial Officers, Controllers and other finance and accounting professionals of financial institutions. The society has affiliate members from investment, ALCO, compliance, consulting and accounting firms, which also reap the same educational and networking benefits.  The Philadelphia Chapter of the Financial Managers Society was founded in 1951.


The Philadelphia Chapter will award at least one and up to four scholarships for a minimum of $1,500 (non-renewable) to an individual who meets all of the following criteria.


  • Award recipient must be sponsored by an active Philadelphia Chapter Member.

  • FMS Philadelphia membership dues must be paid by November 2022 to qualify as an active member.

  • High school senior planning on attending a two-year or four-year undergraduate degree at an accredited institution.  Priority preference will be given to students that concentrate in finance, business or accounting studies, however, any major will be given consideration. 

  • A minimum GPA of 3.0 on a 4.0 scale or equivalent.

  • Submission of SAT or ACT score for consideration.

  • Awarded scholarship check will be payable in the name of institution upon receipt of commitment letter copy.  Please limit submissions to one submission per member per year.

  • Applications will be available for download below

Send completed application to:

Shannon Croll, Senior Vice President
c/o Franklin Bank
1179 Route 40
P.O. Box 230
Woodstown, NJ 08098

Questions should be addressed to:

Shannon Croll at

Application Deadline

February 29, 2024

Award Decision

April 15, 2024

Award Announcement

May 2024

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