CORE RISE IDA Scholarship Program

Posted by CORE Scholars on May 16, 2016

As the 2015-2016 academic school year comes to a close, we here at CORE wanted to make sure that all of your respective graduating HS students and current college students were aware of our funding opportunity to receive a scholarship match for their own savings under the now 4-year old CORE RISE IDA Scholarship Program (RISE: Reaching Independence by Saving for Education).

Under the guidelines, eligible students and parents must have household income within 200% of the federal poverty guidelines, and must save $500 over 6 separate monthly payments in exchange for a $2000-4000 scholarship payable to a 2 or 4-year college or vocational school of their choice.

In this final year of our 5-year grant, any students who apply will receive an application fee waiver ($25 value) and if eligible, will also be able to earn $255 of the mandatory $500 in savings required in order to receive the RISE scholarship by meeting up to three additional program requirements.

If the student or parent does NOT have earned income, CORE CAN HELP. We will apply up to $250 to make up three of the 6 required deposits to tap $500 in order to receive the scholarship, as “payment” for the work students complete to prepare themselves for college, including:

1. submit an up-to-date resume suitable for use with applying to jobs online;
2. submit evidence of completing either 8 ADDITIONAL hours of financial literacy (either through an in school or after school college prep program or online)
3. submit a 250-word essay on your definition of success and how you have achieved it in your own life.

For each of these ADDITIONAL criteria completed by eligible student applicants, CORE will make a $85 deposit to the student saving account, totaling up to $255.00.

This means that eligible students can receive $2000-4000 additional scholarship dollars to help pay for college by simply saving $245 if they complete these three additional criteria.

Please direct any interested applicants to the following online application link: https://core.fluidreview.com.