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The RISE Financial Literacy Scholarships

Introduction

Welcome to the new home of the CORE RISE Financial Literacy Scholarships Application.

If you started an application using the discontinued application link, you will have to start a new RISE application here.

If you have any questions, please don’t hesitate to reach out — we’re happy to help. Please contact us at CORE Scholars through our contact form listed here.

Description

RISE Financial Literacy Scholarships is a need-based scholarship program that offers students up to $2,500 in scholarship dollars in exchange for completing Financial Literacy Training. There is no deadline for this application!


APPLICANT MUST RESIDE IN PHILADELPHIA, PA


Students can reapply every two years

Selection Process

Eligibility Requirements

  • Household income not to exceed $200% of the poverty line

  • Applicant is a graduating high school senior, or current student in a college, university, trade school, or qualifying 2- or 4-year degree program.

  • Applicant: U.S. citizen or a Permanent Resident.

  • Philadelphia, PA Resident

Program Requirements

  • Student applicants:

  •  Complete 8 units of FDIC financial literacy units (online) and upload to your application

  • Have a minimum outstanding balance of $2500 in eligible unpaid costs of attendance

  • Be enrolled full time in a high school, college, university, or trade school

  • Upload signed Enrollment & Non-Federal Aid Verification Form (EV Form) to your application. Form must be signed by a representative of your college or trade school financial aid office.

  • Can reapply two years after receiving a RISE award

Qualifying Expenses

  • Tuition and fees required for the enrollment or attendance of a student at an eligible educational institution

  • Fees, books, supplies, and equipment required for courses of instruction at an eligible educational institution

Matching Funds

  • The college, university, or trade school of attendance is encouraged to add a non-federal match to each RISE Financial Literacy Award; however, funding varies by college.

  • Each student’s RISE award amount may be $2,500 depending on the amount of grant or scholarship dollars that the financial aid office reports the student as having received. Any grant or scholarship money awarded to the student may be considered a non-federal match to the RISE Financial Literacy Scholarship.

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The RISE Financial Literacy Scholarships

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CORE (College Opportunity Resources for Education) Scholars Foundation is dedicated to uniting communities around the goal of ensuring that postsecondary education is affordable and accessible for all. CORE Scholars Foundation' "RISE Scholarship" is the first scholarship of its kind to focus specifically on high school seniors. RISE Financial Literacy Scholarships is our current open scholarship award. Applicants must be a Philadelphia resident, a graduating high school or trade school senior; or a college, university or trade school student who has graduated from a Philadelphia high school or trade school.