In the United States, over 60% of adults have never received financial education and only 57% of Americans understand basic financial topics such as calculating interest and recognizing the effects of inflation. For millennials and young students, this lack of financial knowledge is a major issue. Over 43% of students are not making payments on their student loans, less than 24% of millennials can demonstrate basic financial literacy, and 66% have nothing saved for retirement. With rising education costs and student loan debt obligations in the trillions of dollars, student financial literacy is more important now than ever before. In a world increasingly reliant upon debt and credit, Fisher Investments believes that strong financial literacy skills can help people achieve long-term life goals. That’s why we’re awarding financially savvy students with $10,000 in college scholarships each year.
Twice per year, the Fisher Investments “Invest in Your Future” College Scholarship Program will award $5,000 to one college student who is demonstrating financial literacy skills and a commitment to achieving their financial goals. We encourage applicants from all backgrounds, including those typically underrepresented in the fields of business and finance (such as, but not limited to, women, racial minorities, LGBTQ persons, veterans, students with disabilities, and first-generation college students), who can clearly demonstrate strong financial literacy skills, a commitment to achieving their short and long-term financial goals, and outstanding academic performance.
All applicants for the Fisher Investments “Invest in Your Future” College Scholarship Program must meet these minimum eligibility requirements upon submission of their application:
To apply for our scholarship, students must meet the minimum scholarship eligibility requirements listed above and complete the online scholarship application by the application deadline. Applications received after the close of each application cycle will be automatically applied to the next deadline.
Students must also complete a 500-word essay on the topic of financial planning. Applications will be judged based on the applicants' written communication skills, financial literacy skills, demonstrated commitment to achieving stated financial goals, academic performance, and the creativity, clarity, and overall strength of their scholarship essay.
Essay Topic (500 Words Max) What are your short and long-term financial goals? How do you plan to achieve these goals? What financial strategies (such as budgeting, investing, saving, and debt management) will you use and why?
Have questions about our scholarship program? Contact our scholarship team at firstname.lastname@example.org
Fisher Investments “Invest in Your Future” College Scholarship Program
Next Deadline: 11:59 PM PST on January 31st, 2021
(All applications received after this deadline will be automatically applied to the next award cycle)