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 

  • 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