#PhilanthropyFriday: Pay It Forward Scholarship Fund an Innovative Way to Help with Student Debt
You can change lives forever by establishing a scholarship fund at the Scranton Area Community Foundation. We manage numerous scholarship funds that have been established by a wide variety of charitable individuals, corporations, and organizations. We are proud to have 65 years of experience in the community and have the knowledge and experience to support you as you make choices about the nature and focus of your fund.
Scholarship funds at the Scranton Area Community Foundation cover a diverse selection of studies, schools, and recipients. Whether the scholarship encourages a specific field of study, promotes a particular school, or benefits a given type of scholar, each scholarship is unique and aims to fulfill the philanthropic aspirations of the original donor. Many donors find the creation of a scholarship fund within a community foundation the simplest and most cost-effective alternative to a private fund.
Our scholarship funds provide financial assistance to local students right here in our community!
Our Pay It Forward Scholarship Fund is one example! Created in 2016 by an anonymous donor who wanted to do something about the student loan debt many college students are faced with today, the Pay It Forward Scholarship Fund awards $6,000 to a Penn State University sophomore, junior, or senior who is a permanent resident of Lackawanna County and is also currently working at either Penn State through work-study or for an outside employer while also enrolled at Penn State. This generous scholarship is awarded to a recipient who must be willing to ‘pay it forward’ in the future, by offering a similar scholarship down the road when he or she is in a position to do so.
There is still time to apply for the 2019 Pay It Forward Scholarship! The deadline to apply for this scholarship award is Monday, April 1, 2019. If you know of a student who meets this criterion, please share this information with them! For more details on the Pay It Forward Scholarship Award including how to apply, please contact Cathy Fitzpatrick, Grants and Scholarship Manager at the Scranton Area Community Foundation, via email: firstname.lastname@example.org.
LEARN MORE: http://www.safdn.org/scholarships/
Interested in establishing your own Scholarship Fund at the Scranton Area Community Foundation? Please contact us today.
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