The Florida Bankers Educational Foundation (FBEF) has financial assistance available to bankers seeking degrees from fifty-five FBEF Participating Universities in Florida. FBEF provides scholarships to bankers who wish to advance their careers through education.
 
In addition to providing funding for bankers to complete their college degree, the Foundation helps bankers through the Career Development Program. Bankers attending an approved professional development program who have a financial need can apply for assistance that helps pay for tuition.
 
FBEF funding applicants must be currently working at a FDIC-insured bank in Florida or a state or federally chartered trust company in Florida and have been employed for at least one year in the Florida banking industry prior to application. Please note that employment with a credit union or brokerage/investment firm does not meet this requirement.

Applicants must attend a FBEF Participating College or University and have a 2.5 GPA or higher.
 
Application deadlines are November 1st, March 1st, or June 1st.

FBEF Scholarship Program

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Florida Bankers Educational Foundation has a scholarship program that awards funds to help Florida bankers advance their career through education. Qualified candidates who are pursuing a career in Florida banking while working to complete their college degree may apply for FBEF funding. A limited number of scholarships will be awarded to the top applicants annually.
 
FBEF Scholarship amounts are based on the semesters the student has remaining until graduation and may be pro-rated. Scholarship amounts range from $1,000 to $5,000, depending on the applicant’s current education level: College Freshman, Sophomore, Junior, Senior, or Graduate Student.
 
If awarded, funds will be sent directly to an applicant’s college and may only be used for qualified educational expenses, which is defined by the IRS as tuition and required fees, or books or supplies that are required for students to complete a class. Grades must be sent to FBEF staff each semester as proof of enrollment to verify continued eligibility for the FBEF program.

Applicants must attend a FBEF Participating College or University and have a 2.5 GPA or higher.

FBEF scholarship application interest form

FBEF Career Development Program

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$500 per year for FBA programs, with application renewal:

• Florida School of Banking
• Florida Trust School
• Florida Graduate Trust School.

• Application must include an attest from senior officer of financial institution, stating full support of the program and commitment to allow student to complete the school, if multi-year. The student agrees that the remainder of the balance for that year’s School tuition will be covered by their employer or by them personally.
• If student does not complete School for any reason the money must be returned to the FBEF.
• The student may reapply in the following year to renew funding for next year of School, if enrolled in a multi-year program. Proof of School completion must be sent to FBEF when student completes their final year.
• One application per institution will be accepted each year.
• Annual funding limits are set by the FBEF Board. In the event that applications received exceed budgeted funding amounts, recipients will be chosen based on the length of employment in Florida banking.

Click here for application interest form

Please note: FBA must receive notification that you wish to apply for either Florida School of Banking or Florida Trust & Wealth Management School by April 1st for a slot to be held in the Schools. ​

$1,500 per year for non-FBA programs:

• LSU Graduate School of Banking
• Stonier Graduate School of Banking
• FSU Juris Master Program
• Any ABA/ICBA/FBA endorsed graduate school of banking

• Application must include an attest from senior officer of financial institution, stating full support of the program and commitment to allow student to complete the school, if multi-year. The student agrees that the remainder of the balance for that year’s School tuition will be covered by their employer or by them personally.
• Proof of payment to Graduate School of Banking Program must be provided to FBEF staff. If student does not complete School/Program for any reason the money must be returned to the FBEF.
• The student may reapply in the following year to renew funding for next year of School, if enrolled in a multi-year program. Proof of School/Program completion must be sent to FBEF when student completes their final year.
• One application per institution will be accepted each year.
• Annual funding limits are set by the FBEF Board. In the event that applications received exceed budgeted funding amounts, recipients will be chosen based on the length of employment in Florida banking.

Click here for application interest form

For more information, contact Letty Newton by email or phone at (850) 701-3522