AdvancePoint Capital’s Financial Literacy Scholarship

Our Scholarship

Scholarship for Financial LiteracyAdvancePoint Capital’s expertise and experience with guiding finances mean we have first-hand experience with understanding the difficulties students are facing as they pursue their educational journey.

According to Federal Reserve reports from 2018, student loan debt has reached over a trillion dollars. Many students and aspiring students are not able to begin or continue their education due to the financial burden of student loan debt.

AdvancePoint Capital would like to be a leader in promoting financial literacy. Our entry requirement is for students to explore financial literacy and to elaborate on how they plan to manage their own debt. In collating essays written by students, from their experience, we hope to bring awareness to this issue and provide a body of text that can be used to inspire students to manage their finances.

In the knowledge of the pressures and difficulties students and their families are experiencing to advance their futures, we have created a $1000 scholarship for undergraduate students that are getting their first step on the ladder.

Scholarship Amount

$1,000

Eligibility

    • All applicants must be enrolled, or due to be enrolled, as a full-time undergraduate student at an accredited US college or university for the semester they are applying to receive the scholarship.
    • Applicants are not required to have a minimum GPA.
    • Applicants are not required to have a specific Major.
    • Domestic, international, and undocumented students may apply.
    • Students attending online universities are welcome to apply.

Required Application Details

  • Please write a 1,000-word essay answering the following questions:
    • Why is it important to be financially literate as a student?
    • Have you set up your own plan to help you prepare for student fees?
    • If selected for this award, how would this scholarship assist you in completing your studies?
  • Please submit proof of enrollment or an acceptance letter in an accredited learning institution. We will accept a recent transcript, acceptance letter, or tuition bill.
  • Please note: if you are in the process of applying for colleges and universities, please indicate your current school and submit a document with the schools you have currently applied to. If you are selected for the scholarship, we will ask you to provide proof of enrollment for your college or university at that time.
  • Please submit The AdvancePoint Capital’s Financial Literacy Scholarship form linked below.

How to Apply

Please complete the linked form with the following information to apply:
The AdvancePoint Capital’s Financial Literacy Scholarship

  • Full Name
  • Email Address
  • College or University Name
  • College or University Mailing Address
  • Proof of Enrollment – Transcripts, tuition receipt, or acceptance letter will be accepted. Please submit as .jpeg, .pdf, or .doc
  • An essay answering the above questions. Please submit as .pdf or .doc
  • Confirmation and acceptance of terms and conditions

Application Deadline

All applications must be submitted by August 1 annually.

Winner Announcement

A winner will be selected and notified via email by August 15 annually.

Our 2019 Scholarship Winner

We are excited to announce Sara Curley from Drew University as our 2019 Scholarship Winner. To read Sarah’s winning essay, please click here

Additional Scholarship Details

  • The winning candidate will be selected by a panel of judges from AdvancePoint Capital.
  • The scholarship is available on a yearly basis and is non-renewable.
  • Questions about The AdvancePoint Capital’s Financial Literacy Scholarship can be directed to advancepointscholarship@gmail.com.
  • The scholarship funds provided by AdvancePoint Capital will be sent via check to the college or university. Funds are to be applied to qualified college expenses (including tuition, fees, books, and on-campus room and board) for the current academic year.

Privacy Policy

By submitting an application, we are granted permission to send applicants information regarding their application only, via their submitted email address.

No applicants will be contacted regarding anything other than their application.

The winner will be asked if they will grant AdvancePoint Capital permission to post their name, school, photo (if submitted), and their essay on advancepointcap.com or in other marketing communications relating to the scholarship program.

We will remove any information pertaining to applicants at their request.

All information (proof of enrollment, essays, and email) relating to applicants is destroyed as soon as a winner is announced.

Applicants emails will not be used for any marketing purposes. AdvancePoint Capital and its representatives will not knowingly sell, share, rent or otherwise transfer your information other than in accordance with the terms set forth in this Privacy Policy.

Terms & Conditions

All submitted photos and essays must be original work of the applicant. Only one submission may be entered per student, per year. Duplicate entries will be disqualified. All scholarships are non-renewable. By submitting an application to The AdvancePoint Capital’s Financial Literacy Scholarship, you certify that all the information you have provided is original, accurate, and complete.

As outlined in the Privacy Policy, once permission is granted by the applicant AdvancePoint Capital, its agents and/or representatives have permission to:

  • Use their name, photo, essay response, and award amount, if any, in announcements or articles (i.e. social media, newsletter, etc) issued by AdvancePoint Capital.
  • Post the applicant’s name, college or university, and the essay on the AdvancePoint Capital website.
  • Email information to the applicant regarding their application.
  • Winners will be notified via email, and announced publicly, as well as on AdvancePoint Capital’s social media pages.

Scholarship Resources

The Federal Student Aid site has important information that may help you on your scholarship journey.

https://studentaid.ed.gov/sa/types/grants-scholarships/finding-scholarships

If you are unsure if your school is accredited, you can use the US Department of Education’s search tool to see if your school features on their list.

https://ope.ed.gov/dapip/#/home

How to detect scams

https://bigfuture.collegeboard.org/pay-for-college/grants-and-scholarships/how-to-spot-scholarship-scams

https://www.consumer.ftc.gov/articles/0082-scholarship-and-financial-aid-scams

* All loans made by either WebBank, an FDIC-insured Utah industrial bank, or Bank of the Internet Federal Bank, an FDIC-insured federally chartered thrift located in California. In connection with the loans, the Banks' underwriting conditions and terms apply.