Equipment Leasing & Finance Foundation Scholarship

The Equipment Leasing & Finance Foundation offers a scholarship program for students interested in the equipment finance industry. In 2023, the Equipment Leasing & Finance Foundation granted five outstanding students scholarships of $5,000 for the 2023-2024 academic year.

See our 2023 Scholarship recipients here.

Scholarship Qualifications

Applicants must meet all of the following requirements in order to be considered for this scholarship:

  • Be a full-time undergraduate student or full-time or part-time graduate student as defined by the accredited educational institution they are attending;
  • Have completed the equivalent of at least two years of college course work by summer 2023, earned 50 percent of the credit hours required for graduation, or have completed an associate’s degree from an accredited educational institution;
  • Have a minimum cumulative grade point average of 3.0.
  • Students with recommendations from professionals in the equipment finance industry will be given preference.

How to Apply:

Applicants must submit the following information for consideration:

  1. Completed application.
  2. Official transcript showing the cumulative Grade Point Average.
  3. A brief letter of intent (600 words or less) indicating and how/why the student developed interest in the equipment finance industry, career goals and financial need.  (You can also submit a short video to meet this requirement).
  4. CV which includes brief description of additional academic achievements, extracurricular activities, and leadership roles to be considered.
  5. Letters of recommendation from a teacher, employer, business or civic leader, or member of the clergy. Up to three letters will be accepted.
    • *recommendations from professionals in the equipment finance industry are preferred.

Scholarship Amount

Up to five scholarships, in the amount $5,000 each, may be awarded annually for tuition and fees to an accredited educational institution.  Disbursement of scholarships will be made directly to the applicant’s accredited educational institution. Scholarships are not renewable, however, a recipient may reapply annually. Pending verification of enrollment, payments will be disbursed directly to the educational institution.

Evaluation Criteria 

A selection committee comprised of industry professionals and academics will make selection of the eligible candidates based upon:

  • Academic achievement, involvement in extracurricular activities, and other leadership roles
  • Internship experience
  • Declared interest in the equipment finance industry
  • Financial need


For questions, please contact Stephanie Fisher at

Check out our past Foundation Scholarship Recipients 

The Equipment Leasing & Finance Foundation is an equal-opportunity organization and applications are considered without regard to the age, religion, ethnicity, gender, sexual orientation, marital or veteran status, political affiliation—or any other classification protected by law—of the author. The Foundation encourages the diversity of perspective and experience that result in a holistic view of the ever-evolving challenges and opportunities that face the equipment finance industry. As such, all interested students are welcomed and encouraged to apply.

For more information, please review the Foundation's Professional Code of Conduct.