Starting February 2024, eligible students may apply for the 2024-2025 scholarship award. The deadline to submit applications is May 10, 2024.
Apply for the FBL Scholarship Award
The National Pawnbrokers Association is proud to offer scholarships to the children and grandchildren of NPA member pawnbrokers. With more pawn stores moving into second, third, and for some, fourth generation of family ownership, it is more important than ever to educate the young people who will be running these stores in the future. Children and grandchildren of any current employee or owner of an NPA member pawn store can apply.
2024-2025 Application Deadline: May 10, 2024.
Due to the highly competitive nature of this program, the NPA Future Business Leaders Scholarship Fund has established some guidelines for students to carefully consider before applying.
To be considered for the scholarship, applicants must:
Rank in the top 50 percent of their high school class
Have a 1,000 combined SAT score or the equivalent ACT score
Have a 2.5 GPA or better
Demonstrate school and community activity
Write a 300-500 word essay
Applicants must plan to enroll or be enrolled at an accredited two-year or four-year college, university, or trade school;
Applicant must be the child or grandchild of a pawnbroker with a current NPA membership OR a parent/grandparent currently employed at an NPA member’s pawn store (with endorsement from that NPA member);
The associated NPA member must be in good standing during the 12 consecutive months preceding the scholarship application deadline.
The parent/grandparent must not have been a National Pawnbrokers Association Officer, a member of the Future Business Leaders qualifying committee, or an employee of the National Pawnbrokers Association during the scholarship application period.