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CIMA Scholarship Applications Now Open

Archived News Releases
Date: Thu, 07 March 2019

(Grand Cayman – Thursday, 7 March 2019) The Cayman Islands Monetary Authority (“CIMA” or “the Authority”) is pleased to announce that applications for The Thomas Jefferson Memorial Scholarship are now open.

The scholarship programme was established in 2007 in memory of the late Honourable Thomas Jefferson, former Financial Secretary and Leader of Government Business. The scholarship offers an award of CI$25,000 per year for students pursuing a Bachelor’s or Master’s Degree in Finance, Accounting, Economics or Business Administration.

Recipients who are awarded the scholarship are required to work at CIMA during their vacation periods where they work side-by-side with some of CIMA’s leaders, gain valuable experience with cutting edge issues that impact the financial industry. Upon completion of their studies, recipients are also offered guaranteed placement at CIMA for a period of up to four years.

Managing Director, Mrs. Cindy Scotland said, “Here at CIMA, we take pride in ensuring that students are given the necessary training opportunity through educational scholarships and practical experience. Also, by taking some of the financial pressure off of students and their families, we can better enable them to reach their fullest potential and assume successful positions in the workplace.”

The Authority has awarded scholarships to six Caymanian students thus far.

For more information, or to apply for the Thomas Jefferson Memorial Scholarship, visit the Authority’s Careers page at

The deadline for applications is 30 April 2019.

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