Scholarship Program



Program Description

The objective of the Women’s Bond Club Scholarship Program is to award college scholarships to young women in high school who are looking to pursue a career in business, finance or technology in a financial services firm. The WBC is a powerful force and committed to advancing women and shaping the future of our industry.  Throughout our history, we have remained true to our original mission – to lead, learn and return.  Since inception, The Women’s Bond Club has awarded 106 scholarships totaling $2.2 million.  Currently, there are 62 schools in the program and we have had winners from over 30 of these schools.

The scholarships awarded are merit based and are disbursed to the student over the course of 4 years to pay for tuition, books, and other college related expenses. Currently, the award amount is $40,000 ($10,000 per year).  The award does not impact further financial aid consideration. Proof of registration is required prior to each year’s scholarship payment. Each semester, a school transcript is also required to verify GPA and continued academic eligibility.

The WBC Scholarship Program is available to a select number of NYC public high schools. While the New York City Department of Education has many public high schools, the WBC currently offers the scholarship to business-oriented high schools in Manhattan, Brooklyn, the Bronx, Queens and Staten Island as a method of focusing on schools that would have likely candidates.

In addition to receiving the scholarship award, recipients are also paired up with a WBC Mentoring Committee member for their college years.  WBC believes that forming mentoring relationships throughout life are key to helping women become the best that they can be.  The WBC matches member’s colleges, majors, talents and skills with each winner to help our scholarship women be successful during their college careers.  These mentors have regular meetings and are available to help with college choices, changing majors and other college issues.  We also make internship possibilities available to our scholarship winners at our member firms.  We believe that the WBC is a perfect opportunity for you to forge new connections and make a difference.


Scholarship Eligibility Guidelines

To apply for a WBC Scholarship, the candidate must:

  • be a female high-school senior in an eligible NYC public high school (Click here to see Eligible High Schools)
  • be nominated by their college advisor
  • be a U.S. citizen or permanent resident
  • have achieved a GPA of 90 or higher
  • show demonstrated proficiency in any business/math courses taken
  • achieve a minimum Total SAT score ≥1000 or Composite ACT score ≥19
  • be a demonstrated leader (in academic or extracurricular activities)
  • be well-rounded (participating in clubs or other extracurricular activities)
  • clearly show interest in business, preferably finance, accounting, economic or technology
  • apply to 4-year accredited colleges
  • provide one teacher recommendation (from business or math teacher)

Once the award is granted, it is paid over the 4-year college period.  To continue receiving payments, a WBC Scholarship winner must:

  • meet the standards of the college they attend and remain in good standing in their program
  • be enrolled for a minimum of 12 credits per semester
  • maintain a minimum cumulative GPA of 3.0 and minimum grade of C in each class taken
  • actively participate in the WBC Mentoring Program

Data Required to Complete Application

The scholarship application requires the following information:

  • Applicant Information (Name, Address, Phone #, Date of Birth, Parent/Guardian contact #)
  • Academic qualifications (GPA, Class Rank, Transcript, SAT or ACT scores)
  • Extracurricular Activities (teams, clubs, student govt, plays, volunteering, etc.)
  • Awards/Honors
  • Jobs/Internships
  • Colleges Applied/Accepted/Attending
  • List of other scholarships applied for and whether received
  • Essays: Career objectives (50 words or less), Personal statement of education goals and objectives and their effect on career plans (500-1,000 words)
  • Teacher Recommendation (from a math or business teacher)

 

Previous WBC Scholarship winners have attended colleges such as Baruch College, Boston University, Brandeis University, Carnegie Mellon University, Cornell University, Fordham University, Georgetown University, Lehigh University, Middlebury College, New York University, Skidmore College and Williams College.

These young women take top honors in their graduating class – many holding the title of Valedictorian. With hard work, perseverance, and a desire to achieve, these scholarship winners continue to perform with excellence as they enter their college years in pursuit of a career in business. In addition to outstanding academic performance, they participate in various extracurricular activities, such as volunteering in community services, holding internships at leading organizations, and joining academic programs.

WBC Scholarship winners have also applied for and obtained internships at various WBC member firms and in some cases have been offered full time employment.

Q& A with Scholarship Winners

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How has being a WBC Scholar changed your path? The WBC has empowered me to be a leader and exposed me to the various areas of Finance. I have been presented with internship opportunities, professional development, and mentors - all invaluable. I am better positioned to achieve my personal and professional goals. I am where I am today because of the WBC.
What are you looking forward to as you take your first job assignment? I am looking forward to continuing to learn and further my knowledge as I participate in a rotational program. I also hope to expand my network and connect with WBC members at the bank.
Are you passionate about women’s empowerment? If so, why? I am passionate about women’s empowerment and am committed to continuing to advocate for all women. This is why I founded the Women in Business club at St. John’s University. Other women paved the road for me to have the opportunities to succeed; it is imperative to continue to work towards equality and equity now and for generations to come.
What is the best career advice you have received? Change is the only constant in life.
Who inspires you and why? Dolores Huerta whom I had the pleasure to meet at an event at Seton Hall University this past October. She inspires me because she is an icon who fought for 30 years and continues to fight for change in the labor movement and worked to elect more women and Latinos to office.  She has an intersectional approach as she fights for workers, women, and Latinos. Her induction to the National Women’s Hall of Fame is inspirational.
Toughest part of college or the best part of college?
Best part: Meeting inspirational professors, mentors,  and long-lasting friendships along with having the opportunity to study abroad in Italy
Toughest part: Navigating college as a first-generation college student.

Lightening Round:

    • One word that describes you? Dedicated
    • One word that describes WBC? Empowering
    • Favorite social platform? LinkedIn
    • What’s your dream travel destination? Japan
    • Favorite hobby? Listening to Podcasts
    • First thing you read in the morning? Morning Brew
    • Favorite book? Lean In by Sheryl Sandberg
       

    Short bio:

    Joselyn Matamoros has a B.S and M.S in Accounting from St. John’s University. She is passionate about women empowerment, DEI (diversity, equity, and inclusion), and financial literacy.  She has exemplified leadership as the President and founder of the St. John’s University Women in Business club and founding member of ¡D.A.L.E¡, a Hispanic and Latinx club that stands for Diversity, Acceptance, Language and Education. Joselyn currently serves on the board of the Prospanica New York chapter as the Executive Vice President and previously served as the VP of Membership. She has completed internships at JPMorgan Chase, KPMG, Thomson Reuters, Broadridge Financial Solutions, and WithumSmith+Brown. She is a member of the NYSSCPA, the Financial Women’s Association (FWA), ALPFA, and has volunteered with the National Academy of Finance (NAF) and DoSomething.Org. Joselyn is starting her career as an analyst in the Global Finance and Business Management program at JPMorgan Chase this summer. She hopes to continue to advocate for women and people of color throughout her career because she believes we should lift others as we climb!

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