FSCNY SCHOLARSHIP PROGRAM: Applications Deadline is March 6

“Rewarding Young Leaders in Our Community”, the celebrated scholarship program by The Financial Service Centers of New York (FSCNY) and MoneyGram International, has entered its final weeks for applications. Deadline is Monday, March 6, 2017.

Now in its 21st year, the program was created to nurture and promote leadership and accomplishments among high school students approaching their first year of college.


To be eligible, applicants must demonstrate:
Academic achievement;
Leadership in their school;
Involvement in their community, contributing at least 50 valuable hours of volunteer service, each year of high school.
Applicants must submit a 250-words or less essay, explaining their most rewarding experience through their community service involvement. All applicants must be seniors attending public high schools in New York City’s five boroughs or surrounding New York counties. Incomplete applications will be disqualified.

Prior to receiving the award, all recipients must submit an acceptance letter from the accredited college or university that they will attend in the Fall 2017.


Several scholarships, including the William Siegel Scholarship and Gene Schott Scholarship Awards, will be issued to selected recipients consisting of a one-time cash award to be applied towards the cost of their freshman year of study at an accredited two or four-year college or university. The cash award for each of the selected winners will range between $2,000 and $7,500 based on the recommendations of the Selection Committee.

Students will be selected based on academic achievement and leadership skills they demonstrate at school and in the community.

To download the application, the public can visit www.fscny.org

About FSCNY:

The Financial Service Centers of New York is the industry’s leading voice on legislative, regulatory, and business issues and the leading advocate for the rights of consumers to access basic financial services in New York. The New York check cashing industry consists of approximately 530 check cashing locations, which employ nearly 4,000 New York residents. The industry cashes nearly 20 million checks annually with a face value of nearly $11 billion. New York’s check cashing fee cap of 2.01% is among the lowest in the nation. Learn more at www.fscny.org.

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