Our Philosophy
The Black Equipment Finance Network created the Rising Leaders Scholarship to support students who demonstrate academic commitment, leadership potential, and an interest in careers in equipment finance. The program helps students succeed academically while gaining early exposure to a field that offers long-term opportunity and growth.
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We invest in students who are prepared to lead, contribute, and make a meaningful impact in their communities and the industry.
What Scholarship Recipients Receive
Financial Support
Scholarship funds to support tuition and eligible education-related expenses.
Professional Visibility
Recognition within the BEFN community and broader industry.
Career Readiness Exposure
Opportunities to learn from and connect with equipment finance professionals.
Community Connection
Access to a growing network focused on leadership and advancement.
Award Amount
Two scholarships of $5,000 each
Eligible Students
Undergraduate and graduate students attending HBCUs or eligible Predominantly Black Institutions
Minimum GPA
3.0 Out Of 4.0
Application Deadline
April 15, 2026
Who Should Apply
This scholarship is for students attending HBCUs or eligible Predominantly Black Institutions (PBIs) who are committed to their academic progress, have demonstrated leadership or service, and are interested in pursuing careers in equipment finance or related business fields.
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Eligible majors and interests may include finance, accounting, business administration, economics, management, analytics, information systems, supply chain, or related disciplines.
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Participation in the CLFP Academic Mini-Certification Program or an equipment finance internship may provide helpful context during review but is not required. Students early in their exposure to equipment finance or related business, technology, or analytics fields are encouraged to apply.
How to Apply
All applications must be submitted through the official online form.
Steps
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Complete the online application form.
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Upload all required materials.
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Submit your application by April 15, 2026.
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You will see an on-screen confirmation message after submission.
The application can be completed in one sitting and typically takes 30–45 minutes.
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What You Must Submit
Required
• Most recent official academic transcript
• Resume (1–2 pages)
• One letter of recommendation (professor, advisor, or community leader)
• Personal essay (500–750 words) responding to the prompt in the application
Optional but encouraged
• Short video statement (2–3 minutes): “Why I’m a Future Business Leader”
• Financial circumstances statement
• Personal resilience statement
How Applications Are Evaluated
Applications are reviewed by a selection committee comprised of industry professionals and academics using a holistic evaluation approach. Evaluation criteria:
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• Academic performance and progress
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• Leadership, service, and involvement
• Evidence of interest in equipment finance and career readiness
• Internship or industry engagement (if applicable)
• Financial need and personal circumstances (if shared)
• Strength, clarity, and authenticity of the applicant’s essay
