RISE FINANCIAL LITERACY SCHOLARSHIP
RISE Financial Literacy Scholarship is a scholarship award program for students living at or below the national poverty level.
Financial Literacy Scholarships are need-based scholarships that awards students from $2,500 up to $4,000 in scholarship dollars in exchange for completing Financial Literacy Training. This scholarship was created on the premise that:
- Families living at or below the national poverty level have increased need for understanding the basics of financial literacy
- Earning a college degree is made more difficult by a lack of understanding about the college funding process.
- Even a small scholarship applied to a student’s balance can make a difference.
- Students who have financial literacy training are better equipped to strategically approach funding for college and to reimagine their lives beyond college.
Eligibility Requirements
- Applicant must be a U.S. citizen or permanent resident.
- Applicant must be a Philadelphia resident.
- Applicant income must not exceed $200% of the poverty line
- Applicant must be a graduating high school senior, or current full time enrolled student in a college, university, trade school, or qualifying 2 or 4-year degree program.
Program Requirements
- STUDENT APPLICANTS:
- Must be enrolled full time in a high school, college, university, or trade school
- Must complete the CORE RISE application online.
- Must complete 8 units of FDIC financial literacy units (online) as part of the application approval process.
- Must participate in at least two CORE financial literacy training workshops.
- Have a minimum outstanding balance of $2500 in eligible unpaid costs of attendance
