The HFMA Wisconsin Chapter is proud to support the next generation of healthcare business professionals.
Scholarship Purpose The HFMA Wisconsin Chapter Scholarship program:
Promotes awareness of the financial aspects of healthcare among current students
Provides learning and networking opportunities for those pursuing a career in the business of healthcare
Recognizes the contributions of those with demonstrated engagement in the business of healthcare
Increases the visibility of HFMA among current & future professionals
Awards Up to two $2,000 scholarships will be awarded annually for students to apply toward a college degree.
In addition to the monetary award, scholarship recipients plus up to five others from the applicant pool will receive a paid one-year HFMA student membership ($50 value, if eligible per HFMA membership guidelines) and waived registration fees for HFMA Wisconsin Chapter programs for one year from award notification date.
Eligibility Eligible applicants:
Are currently enrolled college students, either full- or part-time, in a degree-seeking program at the undergraduate or graduate level.
Have earned at least 60 post-secondary credits as of the scholarship application date.
Have earned a cumulative GPA of at least 3.0 (on a 4.0 scale) or a GPA of at least 3.0 (on a 4.0 scale) during the most recent completed college term prior to applying.
Have declared one of the following eligible majors: accounting, business management, economics, finance, general business, healthcare administration, public health, public policy, or a related degree. *Other majors will be considered as part of the holistic application evaluation. Applicants may include a statement explaining the relation of their major to healthcare finance if not one of the specified majors above.
Demonstrate engagement in healthcare as displayed through work or volunteer experience, student association involvement, and/or current HFMA Wisconsin Chapter membership. Those with a parent or guardian holding current membership in the HFMA Wisconsin Chapter are also encouraged to apply.
Show an interest in pursuing a position in healthcare post-graduation.
Are a Wisconsin resident or are attending a Wisconsin college or university.
Note: This scholarship is focused on the business of healthcare and therefore not for clinical providers of healthcare services. Applicants pursuing a clinical degree (e.g. nursing, physician assistant studies, medical laboratory science, etc.) are not eligible. Applications which do not meet eligibility requirements or are submitted outside the scholarship application window will not be evaluated.
Evaluation Process & Notification of Awards
Applications meeting all eligibility requirements are reviewed holistically by the HFMA Wisconsin Chapter Awards & Recognition Committee.
Applications are rated based on several dimensions including: interest in pursuing a career in the business of healthcare, demonstrated engagement in healthcare, essays (overall impact, sense of purpose, eloquence, creativity), and GPA.
Scholarship awardees and selected recipients of HFMA student memberships will be notified in April and invited to attend the HFMA Wisconsin Chapter Awards Dinner on May 12, 2022.
Application Requirements The HFMA Wisconsin Chapter Scholarship application consists of a completed scholarship form available on the HFMA Wisconsin Chapter website along with an essay and transcripts.
a) Essay requirements: An essay is required as part of the scholarship application. Essays must be uploaded in a Word or PDF format and may contain up to 300 words. Include your name and chosen essay topic at the top of your essay.
Essay topics (select one of the following)
1. How would you go about addressing the staff shortages in healthcare?
2. How has the ever-growing remote work environment influenced healthcare today?
3. In your view, what is the greatest challenge facing healthcare today?
4. What do you view as the top two traits/skills for future healthcare leaders?
b) Transcript requirements: A copy of the applicant’s post-secondary transcripts are required as part of the scholarship application. Unofficial transcripts are acceptable. Transcripts must be uploaded in a PDF format and contain the student name, credits completed, GPA, and if applicable, the degree/major working toward.
How to apply: Submit your application by sending an email with the completed scholarship application form, essay, and transcripts attached to firstname.lastname@example.org.
Questions? Questions about the scholarship program or application process can be addressed to the HFMA Wisconsin Chapter Awards & Recognition Committee at email@example.com.