Each year, ASMC awards more than $35,000 in scholarships and grants to high school seniors, college students and ASMC members to provide financial assistance so that they may accomplish their educational goals related to financial management.

To submit a nomination for any award, scroll to the bottom of its rules, below.  Need help?  Please check out our FAQ!  Next deadline: TBD.

Objective

The objectives of the National Scholarship Program are to recognize graduating high school seniors for academic achievement, to provide financial assistance that they may accomplish their future financial management baccalaureate educational goals, and to increase local chapter scholarship programs.

Award Criteria

  • Applicant must be a graduating high school senior in the final half of his/her school year, or a high school graduate within six months of the application deadline.
  • Students that have won a national scholarship in previous years may qualify for continuing assistance.
  • Applicant must be entering a field of study directly related to financial/resource management (such as
    business administration, economics, accounting, finance) Applications that do not fall within these fields will not be considered.

Submission Requirements

  • Application from high school applicants must have an ASMC chapter endorsement letter. Chapter presidents may submit up to two applications each award year. If a chapter submits more than two, the selection panel will review only the first two nominations received.
  • Nomination must be submitted through the Awards Online website. No local chapter forms are accepted.
  • High school applicants must have recommendation letter from an ASMC chapter president and an academic official, signed and dated.
  • Applications from prior winners will require document support of a GPA of 3.0 or higher and a letter from the academic institution confirming continued work in the area of financial management.

Award Selection Procedures

Applicant’s scholastic achievements, leadership ability, extracurricular activities, career/academic goals and financial need will be considered. A selection panel, chaired by a member of the ASMC National Awards Committee, will review applications received and select award winners. Selection panel will include not less than four members representing a cross section of ASMC Membership. A judge must recuse him/herself if a conflict of interest exists. Chapters will be notified
by email in late May if their applicant has been selected as a winner. Checks are mailed to the chapter in July, upon receipt by ASMC National Headquarters of student’s college acceptance letter and a w-9.

Recognition

ASMC will award nine scholarships each year.

  • One $3,000 scholarship is awarded in honor of LTG James F. McCall, former Executive Director of ASMC. The recipient will demonstrate exemplary leadership abilities, clearly formed goals in the financial management career field, and academic promise. This winner may re-apply each year and receive $1,500 for the following three academic years, if qualified.
  • Four $2,000 scholarships will be awarded. Recipients may re-apply each year to receive $1,000 for the following three academic years, if qualified.
  • Four $1,000 scholarships will also be awarded. There will not be any follow on award after the initial award
    in this category.

Scholarships will be presented to the winning student(s) by the appropriate local ASMC chapter. Notification of college enrollment and a completed w9 will be required before disbursement of the scholarship check(s) to the chapter. The award
presentations and names of recipients may be publicized at chapter meetings, in newsletters, and at www.asmconline.org.

Submission Deadline

The ASMC National Headquarters must receive applications between November 1 and March 31 to be considered by the selection panel. If March 31 falls on a weekend or federal holiday, the deadline will be the next business day. No exceptions to this deadline will be allowed. Any applications received incomplete or after this date will not be considered for selection. No applications by fax or e-mail transmission will be accepted.

Submit a Nomination
`

For More Information

ASMC National Awards Committee,
Scholarship Awards, asmcawards@gmail.com

Do not use after April 2021

Objective

The objectives of the National Scholarship Program are to recognize graduating high school seniors for academic achievement, to provide financial assistance that they may accomplish their future financial management baccalaureate educational goals, and to increase local chapter scholarship programs.

Award Criteria

  • Applicant must be a graduating high school senior in the final half of his/her school year, or a high school graduate within six months of the application deadline.
  • Students that have won a national scholarship in previous years may qualify for continuing assistance.
  • Applicant must be entering a field of study directly related to financial/resource management (such as
    business administration, economics, accounting, finance) Applications that do not fall within these fields will not be considered.

Submission Requirements

  • Application from high school applicants must have an ASMC chapter endorsement letter. Chapter presidents may submit up to two applications each award year. If a chapter submits more than two, the selection panel will review only the first two nominations received.
  • Nomination must be submitted through the Awards Online website. No local chapter forms are accepted.
  • High school applicants must have recommendation letter from an ASMC chapter president and an academic official, signed and dated.
  • Applications from prior winners will require document support of a GPA of 3.0 or higher and a letter from the academic institution confirming continued work in the area of financial management.

Award Selection Procedures

Applicant’s scholastic achievements, leadership ability, extracurricular activities, career/academic goals and financial need will be considered. A selection panel, chaired by a member of the ASMC National Awards Committee, will review applications received and select award winners. Selection panel will include not less than four members representing a cross section of ASMC Membership. A judge must recuse him/herself if a conflict of interest exists. Chapters will be notified
by email in late May if their applicant has been selected as a winner. Checks are mailed to the chapter in July, upon receipt by ASMC National Headquarters of student’s college acceptance letter and a w-9.

Recognition

ASMC will award nine scholarships each year.

  • One $3,000 scholarship is awarded in honor of LTG James F. McCall, former Executive Director of ASMC. The recipient will demonstrate exemplary leadership abilities, clearly formed goals in the financial management career field, and academic promise. This winner may re-apply each year and receive $1,500 for the following three academic years, if qualified.
  • Four $2,000 scholarships will be awarded. Recipients may re-apply each year to receive $1,000 for the following three academic years, if qualified.
  • Four $1,000 scholarships will also be awarded. There will not be any follow on award after the initial award
    in this category.

Scholarships will be presented to the winning student(s) by the appropriate local ASMC chapter. Notification of college enrollment and a completed w9 will be required before disbursement of the scholarship check(s) to the chapter. The award
presentations and names of recipients may be publicized at chapter meetings, in newsletters, and at www.asmconline.org.

Submission Deadline

The ASMC National Headquarters must receive applications between November 1 and March 31 to be considered by the selection panel. If March 31 falls on a weekend or federal holiday, the deadline will be the next business day. No exceptions to this deadline will be allowed. Any applications received incomplete or after this date will not be considered for selection. No applications by fax or e-mail transmission will be accepted.

Submit a Nomination
`

For More Information

ASMC National Awards Committee,
Scholarship Awards, asmcawards@gmail.com

Do not use after April 2021

Objective

The Members’ Continuing Education Grant Program is designed to provide financial assistance to ASMC members for their continuing educational endeavors. The program encourages the development of local chapter members’ continuing education programs.

Award Criteria

  • Applicant must be a member or corporate member designee in good standing of ASMC. Applicant must have been a member for a minimum of the two full consecutive years immediately prior to the submission due date.
  • Applicant must be entering or be in a business or resource management field of study relating to military comptrollership. (business administration, economics, public administration, accounting, finance, etc.)
  • In order to be eligible for the Dick Vincent Scholarship, Applicant must show active participation in the local chapter at some level (board member, committee chairperson or member, volunteer for chapter events.)
  • Applicant’s justification of desired educational outcome will be the key factor in selection.
  • Applicant must have three letters of recommendation from (1) local ASMC chapter president, must use chapter letterhead or use chapter officer signature
    block required (2) organizational manager, personnel/training officer or supervisor and (3) academic institution official on official letterhead or in official email.
  • No applicant will be permitted to be a Dick Vincent award recipient more than once.
  • No member may be selected more than four years.

Award Selection Procedures

A selection panel, chaired by the National Awards Committee, will review all applications received and make final recommendations to the ASMC National Executive Committee, who will approve final award winners. Selection panel will include not less than four members representing a cross section of ASMC Membership. A judge must recuse him/herself if a conflict of interest exists. Chapter Presidents will be notified by e-mail in June if their applicant has been selected as a winner. Selection will be based on individual merit and other criteria outlined above.

Recognition

ASMC will provide up to eleven grants annually; ten at $1,500 each. One winner will be selected as the Dick Vincent Scholarship Winner, for a $3,000 grant. Notification of course enrollment and a completed W-9 will be required before disbursement of the grant check(s) to the chapter, who will present to the winner. The recipients may be publicized at meetings, in newsletters, and in the Armed Forces Comptroller.

Submission Requirements

Nominations must be submitted on the ASMC Awards Online website. The submission must include an endorsement letter by the member’s ASMC Chapter President or other Chapter Officer. Nominations from at large members should be endorsed by a local ASMC Chapter Officer. Applicants who are themselves Chapter Presidents must have the nomination package endorsed by another officer of their local chapter. All Chapter endorsement letters should be on Chapter letterhead or if not reflect the Chapter Officer signature block. There is no limitation on the number of applicants per chapter and no relationship between the number nominated and the number selected. If any of the requirements are not met, package will not be considered or returned.

Submission Deadline

Applications must be submitted at www.awards.asmconline.org not later than March 31 to be considered by the selection panel. If March 31 falls on a weekend or federal holiday, the deadline will be the next business day. No exceptions to this deadline allowed.

Submit a Nomination
For More Information

National Awards Committee
Ron Lloyd, lloyd@asmconline.org

Do not use after March 2021

Objective

Elsie Steffany was an employee of the Office of the Assistant Secretary of the Army (Financial Management and Comptroller). A member of our Washington Chapter, she was also a Certified Defense Financial Manager (CDFM) and participated in activities of our Redstone-Huntsville Chapter, while on temporary assignment at Headquarters, Army Materiel Command. This award will recognize one individual who demonstrates exceptional dedication to professional development and clearly committed to public service.

Award Criteria

  • Entrants must be members in good standing of the American Society of Military Comptrollers at the time of submission and selection.
  • No member will be permitted to be a repeat winner.
  • Nominee must submit an essay of no more than 600 words addressing the following questions:
    • Why is public service in defense financial management important to you?
    • Why is professional development and the pursuit of the CDFM certificate important to you?

How to Submit a Nomination

Essays must be submitted by 31 December to the member’s local ASMC chapter. Each ASMC chapter president may submit one nomination, from among the applications submitted and evaluated at the chapter level. Each nomination must be submitted by the chapter via the ASMC Awards Online website by the published deadline. Chapters may not edit, add to, or otherwise embellish individual applications.

Deadline

All nominations must be submitted to the local chapter by 31 December. One nomination from the chapter must be submitted by 31 January via the ASMC Awards Online website to be considered by the selection panel. If 31 January falls on a weekend or federal holiday, the deadline is the next business day. There is no exception to this deadline.

Award Selection Procedures

A selection panel, consisting of members of the Elsie Steffany Memorial Scholarship Award Committee, will make final recommendations to the ASMC National Executive Committee, who will approve the final award winner. The selection panel will include not less than four members representing a cross section of ASMC Membership. A judge must recuse him/herself if a conflict of interest exists. Judging will be based on nominee’s focus on professional development and recognition of the importance of professionalism in public service. Winners will receive email notification by 1 May and results will be posted on the ASMC website.

Recognition

The scholarship award covers the following costs:

  • Enrollment for two years as a candidate in the ASMC Certified Defense Financial Manager (CDFM) program
  • CDFM Textbook
  • One Enhanced Defense Financial Management Training Course (subject to course availability and approval of awardee’s organization)
  • Three exams (one each for CDFM Module 1, Module 2, and Module 3)
  • Registration to attend (subject to approval of the awardee’s organization) the ASMC National PDI, in which the scholarship award will be presented.
Submit a Nomination
For More Information:
Libby Long, long@asmconline.org

Do not use after January 2021 1