Fostering Futures Scholarship Applications Due in Less Than a WeekContact: See contact information below.
Aug. 27, 2020
Time is running out for those youth that have experienced foster care to apply for a scholarship to help pay for some college expenses, according to the Michigan Department of Treasury.
The Fostering Futures Scholarship provides financial assistance to students who have experienced foster care in Michigan on or after age 13. As a reminder, the application deadline for this upcoming school year is on Sept. 1, 2020.
Previously, the scholarship’s application deadline was on June 30. The deadline was extended due to the COVID-19 pandemic.
“I’d like to encourage all eligible students to take advantage of this scholarship opportunity,” said Robin Lott, director of the Office of Postsecondary Financial Services. “It is a privilege to be able to help youth achieve their college goals.”
The Fostering Futures Scholarship Trust Fund — administered in partnership by the state Treasury Department’s MI Student Aid, the Michigan Education Trust (MET) and the Michigan Department of Health and Human Services — provides up to $3,000 for eligible college expenses to young adults who have experienced foster care. Awards are given based on need and paid to the students' college or university to assist with tuition, fees, room, board, books and supplies.
Since 2012, fundraising efforts have totaled more than $1.3 million. This money has been raised through individual donations, group donations, sponsorships, ticket sales, auctions and many volunteer-based fundraising events.
Most of the funds raised have been awarded as scholarships, with a small portion being designated to an education endowment that supplies investment income for future scholarships.
Since 2015, over $6 million has been awarded to Fostering Futures Scholarship recipients.
To learn more about the Fostering Futures Scholarship or to apply, go to www.fosteringfutures-mi.com or contact MI Student Aid at firstname.lastname@example.org, 1-888-447-2687 or follow @FosteringFuturesScholarship on Facebook or @mistudentaid on Facebook, Twitter, Instagram or Snapchat.