Student debt can be crippling to dreams of saving, investing, home ownership, starting a business and other life ventures.
The average college debt among student loan borrowers in America is $39,351, but many borrowers owe even more than that. With that in mind, the Charles Cheesman Student Debt Reduction Scholarship seeks to reduce student loan costs for African American or Hispanic/Latino first generation students, who are currently in college or have graduated with student loans. Workers who are no longer students but are still working to pay off student loans are eligible.
To apply, write about your educational pursuits, life goals, community service, accomplishments, etc. Explain what you will do with the money you save because of this scholarship.