- More than $3.1 million in Foundation scholarships awarded since 2019
- Students eligible for $20,000 in grants each year for up to three years
CHICAGO, Aug. 14, 2023 /PRNewswire/ -- 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 each been awarded $20,000 in scholarships to further their education. With this addition, CME Group Foundation is currently providing scholarships to 33 college students for the 2023-24 academic year.
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 $3.1 million in scholarships to 87 talented college students.
"CME Group Foundation is committed to providing financial assistance and career development opportunities for our students, who will no doubt serve as future leaders in the workforce," said Terry Duffy, CME Group Chairman and Chief Executive Officer and Vice Chairman of CME Group Foundation. "Throughout the years, students involved in our scholarship program have been able to earn college degrees debt-free, as they learn about exciting careers at CME Group and other leading organizations."
"UIC takes great pride in the recognition earned by our students, who represent half of the 2023 CME Group Foundation Scholars cohort," said University of Illinois Chicago Chancellor Marie Lynn Miranda. "The CME Group Foundation is a wonderful university partner and its scholars program clearly aligns with UIC's mission to provide the broadest possible access to higher education and opportunities for growth outside of the classroom. This is an empowering opportunity for Black and Latinx students as they explore and prepare for potential finance and technology careers."
On August 15, CME Group executives will host a Day of Recognition and Market Education on the financial services industry during which students can learn more about internship and career opportunities available at CME Group.
This year's new recipients of the CME Group Foundation Scholarship include:
- Nube Aguilar, University of Illinois Chicago
- Mya Bragg, DePaul University
- Rakayla Campbell, Loyola University Chicago
- Camila Crespo, Stevens Institute of Technology
- Ebuka Egbunam, University of Illinois Urbana-Champaign
- Moses Garcia, University of Illinois Chicago
- Leslie Gonzalez, Northern Illinois University
- Michael Gonzalez, University of Illinois Chicago
- William Ileka, DePaul University
- Nataly Jimenez-Cruz, Stevens Institute of Technology
- Michael King, University of Illinois Chicago
- Daniel Martinez, University of Illinois Chicago
- Jari De Jesus Mejia, University of Illinois Chicago
- Brianna Negron, University of Illinois Chicago
- Sandra Opakunle, Loyola University Chicago
- Natalie Ramirez, University of Illinois Chicago
- Joshua Sanchez, University of Illinois Chicago
- Emmanuel Thompson, University of Illinois Chicago
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
For more information on CME Group Foundation, visit www.cmegroupfoundation.org.
About CME Group Foundation
CME Group Foundation helps today's students keep pace with dramatically evolving technology, creating a workforce for the future that is equipped with the skills to meet tomorrow's global challenges. By bringing together the brightest minds in education to prepare students for kindergarten,, provide robust opportunities in computer science, and support them with college and career success, we are sparking system-wide change that benefits all students, from cradle to career, with a focus on those who are typically underrepresented in the STEM fields. They will shape the future of the world's most important industries, including our own, so we give them the tools they need to achieve their full potential.
About CME Group
As the world's leading derivatives marketplace, CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. The company offers futures and options on futures trading through the CME Globex platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing.
CME Group, the Globe logo, CME, Chicago Mercantile Exchange, Globex, and, E-mini are trademarks of Chicago Mercantile Exchange Inc. CBOT and Chicago Board of Trade are trademarks of Board of Trade of the City of Chicago, Inc. NYMEX, New York Mercantile Exchange and ClearPort are trademarks of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. BrokerTec and EBS are trademarks of BrokerTec Europe LTD and EBS Group LTD, respectively. The S&P 500 Index is a product of S&P Dow Jones Indices LLC ("S&P DJI"). "S&P®", "S&P 500®", "SPY®", "SPX®", US 500 and The 500 are trademarks of Standard & Poor's Financial Services LLC; Dow Jones®, DJIA® and Dow Jones Industrial Average are service and/or trademarks of Dow Jones Trademark Holdings LLC. These trademarks have been licensed for use by Chicago Mercantile Exchange Inc. Futures contracts based on the S&P 500 Index are not sponsored, endorsed, marketed, or promoted by S&P DJI, and S&P DJI makes no representation regarding the advisability of investing in such products. All other trademarks are the property of their respective owners.
SOURCE CME Group Foundation