With a seven-game unbeaten run during March, Shots boss Dean Holdsworth is one of the four managers who have captured the eye's of the judges and has been nominated for the award which will be anounced on Sky Sports News on Friday at 10am.
Accrington's John Coleman is also on the list after steering the Lancashire club into play-off contention after winning four of their eight matches which resulted in one defeat at Gillingham. while former Aldershot player Paul Buckle is also in contention after his Torquay United side achieved an identical feat to Accrington.
Graham Westley's Stevenage won five of their seven matches in the month having suffered defeat in the opening two games at Torquay and at home to Hereford United.
Boss Holdsworth said, "It is nice to be nominated but it is testament to the achievements of everybody connected with the club during March.
"The attitude and commitment has been first class and we are certainly heading in the right direction. We are all in it together."