- More than $2.5 million in Foundation scholarships awarded since 2019
- Students eligible for $20,000 in grants each year for up to three years
CME Group Foundation today announced that 18 rising Black and Latinx students majoring in finance, technology and related fields at 11 partner colleges and universities in Illinois have been awarded $20,000 in scholarships each to further their education.
While many scholarship programs are aimed at helping freshmen start college, the CME Group Foundation Scholarship Program works to ensure that sophomores, juniors, and seniors can finish their four-year degrees. Winners can reapply for up to three years of support, for a total of $60,000 in financial assistance. Since its 2019 launch, this program has awarded more than $2.5 million in scholarships to 69 talented college students.
"CME Group Foundation is pleased to play a role in driving equitable growth opportunities for under-represented students in our state by providing financial assistance for high-quality education and career development opportunities," said
Terry Duffy, CME Group Chairman & Chief Executive Officer and Vice Chairman of CME Group Foundation. "This scholarship program can help our students earn college degrees debt-free, while simultaneously opening new possibilities to explore careers at CME Group and other world-class organizations."
"We are extremely proud to learn that 15 of the 35 CME Group Foundation Scholars for 2022 are UIC students," said University of Illinois Chicago Interim Chancellor Javier Reyes. "As one of the nation's most diverse public research universities, we are devoted to creating higher education opportunities for Black and Latino students. The CME Group Foundation scholarships and internship opportunities will open doors for underrepresented students and provide exposure to careers in finance, technology and related fields."
"Loyola is grateful for the CME Group Foundation's long-running support of the University and our students, including its partnership in the CME Group Foundation Business Analytics Lab in the Quinlan School of Business," said
Margaret Callahan, Provost of Loyola University Chicago. "The Scholars program furthers Loyola's core mission by providing critical opportunities for Black and Latinx students in finance and analytics, and we are especially pleased to note that three Loyola Scholars who graduated in May are now working full time at CME Group."
On August 11, CME Group executives will host an annual Market Education Day on the financial services industry during which students can learn more about internship and career opportunities available at CME Group,
Scholarship partner colleges and universities include:
- DePaul University
- Illinois Institute of Technology
- Loyola University Chicago
- National Louis University
- Northern Illinois University
- Southern Illinois University Carbondale
- Stevens Institute of Technology
- St. Xavier University
- University of Illinois Chicago
- University of Illinois Urbana-Champaign
- Wilbur Wright College
New recipients of the CME Group Foundation Scholarship for the 2022-23 academic year include:
- Azizat Balogun, University of Illinois Chicago
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Johnny Barrios, University of Illinois Chicago
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Nicole Beulah, DePaul University
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Emmanuel Buabeng, University of Illinois Urbana-Champaign
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Aiko Castrejon, University of Illinois Chicago
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Isaac Deleon, DePaul University
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Robert Denman, Loyola University Chicago
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Monica Guzman, University of Illinois Chicago
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Feisal Hassan, University of Illinois Urbana-Champaign
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Niya Hitch, DePaul University
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Klever Inga, University of Illinois Chicago
- Na'im Muhammad, Illinois Institute of Technology
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Noah Munoz, University of Illinois Urbana-Champaign
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Emmanuella Nwokenkwo, University of Illinois Urbana-Champaign
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Anthony Olavarria, University of Illinois Chicago
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Juan Rodriguez, University of Illinois Chicago
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Jacqueline Santiago, University of Illinois Chicago
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Gretel Trejo, University of Illinois Chicago
For more information on CME Group Foundation, visit www.cmegroupfoundation.org.
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