When families are provided with the tools they need to create generational wealth, cycles of poverty can be broken.
For a variety of reasons, children who are born into low-income homes often remain in the low income bracket into adulthood as well. Due to a combination of underfunded grade schools, fewer extracurricular opportunities, the need to work while in school, and less financial freedom when choosing a college, students born into poverty often continue to struggle, creating a cycle of intergenerational poverty that predominantly affects Black students and students of other underrepresented minority groups.
This scholarship aims to support students who are committed to providing financial literacy to their communities.
Any Black, Caribbean American or African American high school senior, two or four-year undergraduate or trade/vocational student who has non-profit or volunteering experience and is studying economics, finance or accounting may apply for this scholarship.
To apply, tell us how you plan to educate your community about financial literacy.