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MONEY Magazine Scholarship Announcement

MONEY Magazine Scholarship Announcement

Posted: 05.03.12

Students attending College Cash 101 seminar

Exciting stuff is brewing here at Central Scholarship.  This month, we will announce the first winner of the MONEY Magazine Scholarship.

All those who attended College Cash 101 (read about our annual financial literacy event here) in March were eligible to apply for a MONEY Magazine scholarship.  Four students will win scholarships.  Three students will win runner-up scholarships and the big winner will receive a $5,000 MONEY Magazine scholarship to attend their accredited institution of choice.  The contest required that students write an essay about their experience with financial literacy.  We will profile and share these students’ essays with you as we announce the winners.  Stay tuned!

Scholar of the Month, Jacqueline Green

Posted: 03.20.12

Central Scholarship recipient Jacqueline Green

“When I dance,” says Jacqueline Green, “I feel like I’m free and like my body moves from a natural beat: my heart.”  Jacqueline discovered her love of dance when she was in high school and she has stuck with it ever since; she plans to still be dancing when she’s eighty.  Jacqueline loves all kinds of dance from ballet to West African.  She considers herself part of an elite crowd; not too many African Americans can say that they love ballet.

Jacqueline’s mother always encouraged her to pursue her interests even if the family could not pay for them.  Because her mother has six dependants, including an elderly parent and another daughter in college, paying for Jacqueline to attend Fordham University has been quite a struggle.  To alleviate some of the financial burden, Jacqueline worked part-time.  Nevertheless, Jacqueline is determined to share her love of dancing with others.  She taught children in her local community to dance and believes that she can inspire people through her own dancing.  “On stage,” Jacqueline says, “I want to dance in a way that people feel something from the movement I present to them.”

Through her education at Fordham, Jacqueline has perfected her technique and discovered levels of difficulty within dance that she never knew existed.  She has learned to eat, sleep, and breathe dance, as well as attend all-day rehearsals and keep up with schoolwork.  “I want to spread my zeal for dance to everyone from audience members to the familiar people who watch me dance everywhere I go,” Jacqueline says.

Jacqueline was accepted into the prestigious Alvin Ailey Dance Company this year.  Her bio page with the company can be seen here.  The Alvin Ailey Dance Theater is coming to Baltimore in May and tickets can be found here.

Two Weeks Left to Apply For Scholarships

Posted: 03.12.12

Students — the April 1st deadline is approaching and we encourage everyone to get their applications in to us soon.  Every year, we have scholarship-worthy students who begin their applications and forget to come back and complete them before the deadline.  Don’t let that be you this year and complete your application today!  If you have any questions about the application, call our office at 410-415-5558.

National Student Loan Expert to Speak at College Cash 101 on 3/31/2012

Posted: 03.06.12

National Student Loan Expert Heather Jarvis

Heather Jarvis, National Student Loan Expert, will hold free sessions on how to pay back student loans at this year’s College Cash 101.

Heather graduated from Duke University School of Law cum laude owing $125,000 in student loans and facing 30-years’ worth of $1,200 monthly payments. No one ever told Heather that she couldn’t afford to go to Duke, even though, um, she couldn’t. Her mother was a modestly paid executive assistant and her father a mostly unemployed Shakespearean actor.

Heather didn’t realize she couldn’t afford an expensive education until after she got one.  Heather has practiced public interest law for more than a dozen years. Six years ago, Equal Justice Works hired Heather to become a student loan expert and reduce the financial barriers to practicing public interest law.

Heather has contributed to student debt relief policy for the House Education Committee and others in Congress, and has dedicated her professional efforts to advancing public service loan forgiveness which allows recent graduates to dedicate their careers to the greater good. Heather leads efforts to establish and expand debt relief programs and to inform borrowers, schools, and employers about how to benefit from available debt relief programs.

Widely recognized by school professionals and media representatives as an expert source of information, Heather has trained thousands of students and professionals and is sought after for her sophisticated legal knowledge and accessible teaching style.  For more on Heather, click here.

Every year, Central Scholarship provides students the opportunity to learn about financial literacy.  We are pleased to announce that we are partnering with MONEY Magazine for this year’s event.  Registration is on a first come first serve basis and space is limited.  This event is open to students, parents, and education professionals.  To learn more and register for this year’s event, click here.

“Donor How To Series” — Part 1: How To Set Up A Scholarship Fund

Posted: 02.16.12

a blank check

Welcome to the first installment of our Donor How To Series.  There are many ways in which donors may contribute to Central Scholarship.  In this series, we’ll explain the most popular ways to give.  To start off, let’s dive into one of the most commonly asked questions we get — “How do I set up a scholarship fund at Central Scholarship?”

In 2009, Kyle Patrick Wankmiller died suddenly and tragically.  Just 17 years old, Kyle and his soon-to-be stepbrother, Connor Peterson, were struck by a light rail train in Lutherville, Maryland.  To commemorate his life, Kyle’s grandparents, Mickey and Carole Fox, made a generous pledge of $100,000 to establish a memorial scholarship fund in his name.  Their generous gift promises to help future Central Scholarship students and pays tribute to Kyle’s life for many years to come.

Central Scholarship has a long history of giving donors the opportunity to set up scholarship funds honoring loved ones.  Our history of creating these funds dates back to the 1920s.  Families have set up different types of funds, including memorial funds to honor the life of a loved one and establish a legacy.

Today, we continue to offer the opportunity to create named scholarship funds with a minimum $5,000 contribution.  We also offer an option to maintain the name of the scholarship fund in perpetuity for a minimum of a $50,000 contribution.