Scholarship Information

The Ruth Limpers Scholarship is funded through donations from private individuals, organizations, and other funding activities of IGFOA. Three scholarships in the amount of $2,000 each will be distributed annually.

Eligibility

Eligible Student is defined as,

  1. Graduate and undergraduate students (including high school seniors/incoming freshman) formally accepted in an accredited community college or 4-year college/university in a full-time curriculum or for full-time employees, a part-time curriculum that will result in an associate, bachelor’s or master’s degree; and 
  2. Students with an Illinois affiliation (either a resident of Illinois or planning to attend an
    accredited community college or 4-year college/university in Illinois); and
  3. Students that are one of the following:
    1. IGFOA members who are a part-time student and full time employed; or
    2. Children of IGFOA members who are full-time students; or
    3. Full-time students with no affiliation with IGFOA but are interested in a career in
      government finance.

Funds will be released upon proof of enrollment for the upcoming fall semester.

Type of Degree

The degrees acceptable for the scholarships include associate’s, bachelor’s and master’s in accountancy, finance, or any business-related degrees as well as MBA and MPA degrees.

Award Criteria

Applications will be judged objectively and subjectively according to the following criteria:

  • Academic – Merit Based (objective)
  • Volunteerism or Extra-Curricular Activities (objective)
  • Letter of Reference (subjective)
  • Short Answer Questions (subjective)
  • Other Factors Considered Relevant by the Committee (e.g., access to employer tuition reimbursement program; member vs. non-member; Illinois affiliation; diversity, equity and inclusion (DEI) status)

Distribution of Scholarship Funds

Scholarship funds distributed to the student around the time of the IGFOA Annual Conference, typically in September.

Application Process

To be considered, applications must be complete, using the proper form and all documents submitted. 

Required documents:
1. The completed application;
2. A copy of an official transcript that includes the most recent academic year; and
3. One letter of recommendation from a teacher or counselor that contains relevant information that supports the candidate’s application.

  • All applicants will be notified of the review committee’s decision regarding their application.
  • Scholarship recipients will be notified following the submission deadline.
  • Scholarship recipients must provide confirmation of enrollment and a completed Terms of Acceptance form for the current or next term to IGFOA at rlsf@igfoa.org before funds will be released.
  • IGFOA will acknowledge recipients in the RLSF Annual Report and at the IGFOA Annual Conference. Recipients are encouraged to attend the IGFOA Annual Conference and will receive a complimentary registration.

Valid applications for the RLSF Scholarships will be reviewed by the RLSF Committee. The RLSF Committee will make recommendations about award recipients to the IGFOA Executive Board. The IGFOA Executive Board will affirm the decision of the Committee.

Return to Ruth Limpers' Scholarship Fund Homepage