Besides financial assistance for college, are there any other program benefits?
Propel Scholars Award support students on their pathway to building wealth for years to come. Scholarship recipients must participate in 6-week summer financial literacy workshops hosted by the Propel Scholars Award team. Students will learn the foundational principles to money management, credit-building practices, and receive an introduction to investing. This financial literacy workshop is free for scholarship recipients and is designed to introduce or re-orientate students to establishing multiple streams of income and making smart money choices.
How much is the PSA Scholarship Awarding?
In Spring of 2021, PSA will select a winner of the $2,500 renewable financial award. This scholarship is renewed for students who annually participate in PSA's financial literacy workshops and students who annually complete 50 hrs. of community service in their hometown or any other struggling community.
Why do students have to complete community service and a financial literacy course to receive renewable scholarship funds?
We believe changing the economic condition of low-income students cannot be achieved by providing access to college only. Financial literacy coupled with the principled act of giving and serving are grounded in research and endorsed in practice as game changers for students striving to escape the clasp of poverty.
When Can I Apply?
The Propel Scholars Award Application for 2022 will open December 1, 2021 and will close April 1, 2022.