Propel Scholars Award was formed in 2020 to provide students from low-income communities with a renewable scholarship award. This scholarship seeks to increase students access and completion of post-secondary degrees. Scholarship recipients are also supported with financial literacy and are given the charge to lead change through civic engagement and service work.
The Propel Scholars Award (PSA) is funded by everyday working Americans and community-minded businesses whose individual gifts are making a difference in shaping the lives of PSA recipients and their communities.
Propel Scholars Award aims to eliminate poverty one student, one family, and one generation at a time!
To serve as a social equalizer and support the fulfillment of purpose in the lives of those in underserved communities. This need-based scholarship provides access to postsecondary education to high school students residing in low-income communities. By removing the financial barriers to college, students can fulfill their purpose to learn, serve, and lead.
Why What We Do Matters
To be an endowed scholarship fund leading the charge to support low-income students with access to post-secondary education, financial literacy, and the promotion of service work in disenfranchised communities.
PSA hopes to award select scholarship winners with a $2,500 renewable award covering four years of the undergraduate experience. Scholarship awards are renewable funds for students who annually participate in the PSA financial literacy course and annually complete 50 hours of community service in their hometown or any other struggling community.
All scholarship recipients must participate in an online financial literacy course hosted by the Propel Scholars Award team. During this six-week summer course, students will learn foundational principles of money management, credit-building, and receive an introduction to investing. This financial literacy course is free for scholarship recipients and is designed to introduce or re-orientate students to smart money choices.
The principled act of giving and serving is grounded in research and endorsed as a character-building practice that encourages compassion and an other-centered focus. Scholarship recipients are required to complete 50 hours of community service in their hometown or any other struggling community annually.