- More than $2.5 million in
Foundation scholarships awarded since 2019
- Students eligible for $20,000 in grants each year for up to three
years
CHICAGO, Aug. 11,
2022 /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 been
awarded $20,000 in scholarships each
to further their education.
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 $2.5 million in scholarships to 69 talented
college students.
"CME Group Foundation is pleased to play a role in driving
equitable growth opportunities for under-represented students in
our state by providing financial assistance for high-quality
education and career development opportunities," said Terry Duffy, CME Group Chairman & Chief
Executive Officer and Vice Chairman of CME Group Foundation. "This
scholarship program can help our students earn college degrees
debt-free, while simultaneously opening new possibilities to
explore careers at CME Group and other world-class
organizations."
"We are extremely proud to learn that 15 of the 35 CME Group
Foundation Scholars for 2022 are UIC students," said University of Illinois Chicago Interim Chancellor
Javier Reyes. "As one of the
nation's most diverse public research universities, we are devoted
to creating higher education opportunities for Black and Latino
students. The CME Group Foundation scholarships and internship
opportunities will open doors for underrepresented students and
provide exposure to careers in finance, technology and related
fields."
"Loyola is grateful for the CME
Group Foundation's long-running support of the University and our
students, including its partnership in the CME Group Foundation
Business Analytics Lab in the Quinlan School of Business," said
Margaret Callahan, Provost of
Loyola University Chicago. "The
Scholars program furthers Loyola's core
mission by providing critical opportunities for Black and Latinx
students in finance and analytics, and we are especially pleased to
note that three Loyola Scholars who graduated in May are now
working full time at CME Group."
On August 11, CME Group executives
will host an annual Market Education Day on the financial services
industry during which students can learn more about internship and
career opportunities available at CME Group,
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
New recipients of the CME Group Foundation Scholarship for the
2022-23 academic year include:
- Azizat Balogun, University of Illinois
Chicago
- Johnny Barrios, University of Illinois Chicago
- Nicole Beulah, DePaul University
- Emmanuel Buabeng, University of Illinois Urbana-Champaign
- Aiko Castrejon, University of Illinois Chicago
- Isaac Deleon, DePaul University
- Robert Denman, Loyola University Chicago
- Monica Guzman, University of Illinois Chicago
- Feisal Hassan, University of Illinois Urbana-Champaign
- Niya Hitch, DePaul University
- Klever Inga, University of Illinois Chicago
- Na'im Muhammad, Illinois Institute of Technology
- Noah Munoz, University of Illinois Urbana-Champaign
- Emmanuella Nwokenkwo,
University of Illinois
Urbana-Champaign
- Anthony Olavarria, University of Illinois Chicago
- Juan Rodriguez, University of Illinois Chicago
- Jacqueline Santiago,
University of Illinois Chicago
- Gretel Trejo, University of Illinois Chicago
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 generate fresh approaches to early math, computer science,
personalized learning, and 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. Dow Jones, Dow Jones Industrial Average, S&P
500 and S&P are service and/or trademarks of Dow Jones
Trademark Holdings LLC, Standard & Poor's Financial Services
LLC and S&P/Dow Jones Indices LLC, as the case may be, and have
been licensed for use by Chicago Mercantile Exchange Inc. All
other trademarks are the property of their respective
owners.
CME-G
View original
content:https://www.prnewswire.com/news-releases/cme-group-foundation-awards-2022-higher-education-scholarships-to-rising-black-and-latinx-students-301603811.html
SOURCE CME Group Foundation