Local multicultural college students from the San Francisco Greater Bay Area will have a chance to win scholarships and internship opportunities in the financial services field as part of a newly expanded scholarship program sponsored by the San Francisco Bay Area Insurance Agency, a general agency of Massachusetts Mutual Life Insurance Co. (MassMutual).
Students of African-American/Black, Asian/Pacific Islander, or Hispanic descent who reside in the Bay Area can apply for one of three $5,000 college scholarships. In addition, applicants must meet certain academic criteria, such as having concentrations in the fields of business, economics, finance, financial planning, management, marketing or sales.
Nationally, MassMutual is making $135,000 in scholarships available in nine metropolitan areas as part of the program.
“We’ve always been committed to attracting talented professionals to the field of financial services, and in particular to supporting people of diverse backgrounds, both as agents and as clients,” said Robert Fakhimi, CEO and Managing Partner, San Francisco Bay Area Insurance Agency. “These scholarships will, ultimately, help us better serve our Bay Area’s increasingly diverse community.”
This marks the second consecutive year that the San Francisco Bay Area Insurance Agency has participated in the scholarship program with MassMutual. This year, MassMutual is expanding the scholarship program, which began in 2009 with four metropolitan areas, to nine.
“Our scholarship program is a very important part of our commitment to diversity and education, and because of it and our other efforts, we’re already making a big difference in the lives of the communities we serve,” said Nick Fyntrilakis, assistant vice president of Community Responsibility for MassMutual.
The scholarship program’s application deadline is May 30, and winners will be notified in late summer. For more information on how to apply and to obtain an application, visit www.hsf.net/massmutual.aspx.