Financial Empowerment Scholarship: A Pathway to Financial Literacy and Success
The Financial Empowerment Scholarship is an annual opportunity for undergraduate and graduate students in the U.S. who are passionate about financial literacy and its role in empowering individuals and communities. Sponsored by BM Technologies, Inc. (BMTX), this scholarship is awarded to one student each year to recognize their efforts in promoting financial empowerment and literacy in their life and career.
Overview of the Scholarship
The Financial Empowerment Scholarship awards $1,500 to the selected student. Applicants must submit a 30-60 second creative video explaining the importance of financial empowerment in their lives and future careers. Special consideration is given to applicants who demonstrate active involvement in promoting financial literacy within their communities. The scholarship aims to encourage students to think critically about how financial education can foster independence and success, both personally and within society.
Eligibility Criteria
To be eligible for the Financial Empowerment Scholarship, applicants must:
- Be a U.S. Citizen:Â This scholarship is only open to students who hold U.S. citizenship.
- Attend an Accredited Institution:Â Applicants must be enrolled in or accepted to an accredited undergraduate or graduate program in the U.S.
- Maintain a Minimum GPA of 3.0:Â Students are required to have a solid academic standing to apply for this scholarship.
Application Process
The application for the Financial Empowerment Scholarship requires several components:
- Video Submission:Â The key part of the application is a 30-60 second video in which the applicant discusses the role financial empowerment plays in their life and career aspirations. Creativity is encouraged in this video submission.
- Proof of Enrollment:Â Applicants must provide proof of enrollment at an accredited institution.
- Unofficial Transcript:Â An unofficial transcript must be submitted to verify academic performance.
The deadline for the 2024 application is July 12, 2024, and the scholarship winner will be announced in August 2024.
Benefits
The $1,500 scholarship can be used toward tuition or other education-related expenses. The scholarship offers an excellent opportunity for students who are passionate about financial literacy and want to promote the idea of financial empowerment in their community.
How to Apply
Students can apply for the Financial Empowerment Scholarship through the BM Technologies website. The application process is entirely online, and applicants are encouraged to follow BMTX on social media for updates and additional scholarship opportunities. For more information and to apply, visit the BM Technologies Scholarship page.
This scholarship is a valuable opportunity for students who are not only academically strong but also dedicated to advancing financial education in their communities.
