
Allan Boomer Scholarship
Allan Boomer Scholarship
Breaking barriers and building brighter futures—The Allan Boomer Scholarship for First Generation College Students is dedicated to supporting undergraduate students who are the first in their families to pursue higher education. Founded by Allan Boomer, a distinguished investment executive and entrepreneur, this scholarship aims to recognize and reward academic excellence, ambition, and perseverance.
Who Is Eligible?
This scholarship is specifically for undergraduate students who are first-generation college attendees. Whether you are navigating the complexities of higher education on your own or striving to set a new precedent for your family, this opportunity is for you. The Allan Boomer Scholarship is intended to uplift individuals who have demonstrated resilience and a commitment to academic success despite financial or societal challenges.
Earn Money toward Your Education
Through a competitive essay contest, one outstanding student will receive a $1,000 award to help ease the financial burden of their educational journey. This scholarship is more than just financial aid—it’s a testament to the power of determination and the impact of education in transforming lives.
Learn More About the Allan Boomer Scholarship

Higher education can be a life-changing opportunity, but for many first-generation college students, the journey comes with unique obstacles. The Allan Boomer Scholarship was created to provide financial assistance and recognition to students who are breaking generational barriers in pursuit of their dreams. By awarding a $1,000 scholarship to one deserving student, this initiative aims to inspire and support the next generation of leaders, professionals, and changemakers.
Allan Boomer: A Leader in Finance, Business, and Philanthropy

Allan Boomer is the Founder and Chief Investment Officer of Momentum Advisors, a nationally recognized investment management and financial planning firm based in New York City. With nearly $400 million in assets under management, he has built a career dedicated to guiding individuals, businesses, and institutions toward financial success. Before launching Momentum Advisors, Allan gained extensive experience on Wall Street, working at Goldman Sachs and Merrill Lynch in high-level investment and wealth management roles.
"Education is more than a degree—it’s a stepping stone to opportunity. As a first-generation college graduate, I understand the challenges that come with navigating higher education without a roadmap. This scholarship is my way of investing in the future of students who, like me, are breaking barriers and redefining what’s possible for themselves and their families."
Allan Boomer Read Our Blog Archives
First-generation college students pursuing the Allan Boomer Scholarship can find valuable resources within our blog archives, specifically designed to guide you through the funding search and application process.