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April College Cash®

Chidiogo Nkume, whose student loan debt totals $25,977.76 hopes to be awarded a scholarship from Central Scholarship's College Cash program

April College Cash®

Posted: 04.04.16


How much student loan debt do you owe?  You are not alone. Instead of hiding from student loans, create a plan of attack. Join us for a free College Cash® seminar on how to repay student loans. Learn about loan forgiveness programs, how to prioritize payments, how to save money, and more.

Thursday, April 14, 2016 (click to register)
The University of Baltimore, Learning Commons
1415 Maryland Avenue, Baltimore, MD 21201

5:30 pm: Registration
6:00 – 8:00 pm: Seminar

Attendees will be exclusively eligible for up to $5,000 in 2016 College Cash® scholarships. The seminar is free of charge but registration is required. This free event is made possible through the generosity of our sponsors, the Hotel at Arundel Preserve and the University of Baltimore.

Chesapeake Urology Associates Scholarship recipient Stephanie Cerritos

Stephanie, Class of 2016

Posted: 03.29.16

Stephanie Cerritos is a senior at Loyola University of Maryland. As an honors student, Stephanie will graduate with her bachelor’s in biology in May of 2016. During the summer between her sophomore and junior year, Stephanie shadowed several physicians at a local hospital through the Stepping Stones program. As a native Spanish speaker, she found that she could connect with patients and help them feel comfortable during their hospital stays.

Stephanie writes, ”In the Neonatal Intensive Care Unit, the physician I was shadowing allowed me to use the stethoscope to hear a baby’s soft and steady heartbeat. This small gesture reminded me just how fragile and vulnerable we are when we are sick. I want to be the helping hand that supports people during those difficult times.” Stephanie was awarded the Chesapeake Urology Associates Scholarship in 2015. This fund is set up to help students pursuing careers in the medical field. Recipients of the Chesapeake Urology Scholarship are selected based on demonstrated commitment to the medical field, financial need, and academic achievement.

Student holding a sign reading "Debt Free"

2 Weeks Left to Apply

Posted: 03.14.16

We have over $1 million dollars to award and the deadline to apply is in two weeks on April 1st. Central Scholarship began in 1924 by providing vocational training scholarships for orphaned Jewish men. We’ve since grown and now provide $1,000,000 annually to Maryland residents, without regard to gender, religion, race or ethnicity. Funding is available for graduating high school seniors, undergraduate and graduate students, as well as students pursuing professional degrees. Don’t wait until the last minute and apply right now.

At our core, we are here to help the most under-served to give those students a chance at a better life. Applicants are considered for more than 40 scholarship programs upon submission of the 2016 General Application for Degree Seekers. Scholarships range from $1,000 to $10,000 for graduating high school seniors, undergraduate, graduate, and professional students.

Applicants may complete an optional section of the 2016 General Application for Degree Seekers to apply for an interest-free loan. Benefits of this program include: NO interest, NO fees, NO credit score cut offs, and a 10 year repayment plan (payments start small and increase in increments each year). The average loan offer is $4,000 and co-signers are required without exception for all applicants. This is a competitive program and funding is not guaranteed to all applicants. Applicants for the Interest-Free Loan Program must attend school full time.

Eligibility Criteria for Scholarship & Interest-Free Loan

  1. Maryland resident (or live within 200 miles of Baltimore City)
  2. US Citizen/Permanent Resident
  3. Enrolled in or planning to attend an accredited college/university
  4. Graduating high school senior OR Undergraduate freshman, sophomore, junior, or senior OR 1st year, 2nd year, or 3rd year graduate student OR Professional student (J.D., D.D.S, etc.)
  5. Family income below $90,000
  6. 2.8 GPA or higher to be competitive


Click Here To Apply
. The deadline is April 1, 2016.

We Are Paying Off Student Loan Debt

Posted: 06.02.15

We have big news! Earlier today, Central Scholarship announced a brand-new, life changing program to our current scholarship recipients. Debt-free, or close to it – that’s the promise we make to one of our recipients in attendance at the Student Awards Ceremony on August 5! Central Scholarship will wipe out the undergraduate student loan debt, up to the national average, for one lucky recent graduate. The winner will be selected at random from those who apply. Watch this short video to learn more.

Free April Seminars: Managing Student Loans

Posted: 03.17.15

College Cash - Find It, Get It, Manage It logo
Join us on April 23rd in Baltimore or April 27th in Hanover for COLLEGE CASH: Managing Student Loans, a free seminar for college students and graduates. In April, we will help students understand their loan repayments and share resources about loan forgiveness programs. Registration begins at 5:30 pm and the program is from 6 pm to 8 pm. Refreshments and snacks are provided.  Thank you to our generous sponsors, BB&T, University of Baltimore, and The Hotel at Arundel Preserve, for making our April events possible.  To download a flyer for the event, click here.

All attendees will be eligible for exclusive College Cash scholarships of up to $5,000. Did you know that your chances of receiving a scholarship through our general application is one in 2,500? Your chances of receiving a College Cash scholarship by attending our seminar is ONE IN 25.

Seminar includes:
1. You Are Not Alone
2. Understand What You Owe
3. Relief and LARP Programs

Thursday, April 23, 2015
University of Baltimore, Learning Commons, 1415 Maryland Avenue, Baltimore, MD 21201
6 – 8 pm (registration begins at 5:30 pm)
Register here for the April 23rd session

Monday, April 27, 2015
The Hotel at Arundel Preserve, 7795 Arundel Mills Blvd, Hanover, MD 21076
6 – 8 pm (registration begins at 5:30 pm)
Register here for the April 27th session

This event is open to the public and FREE. You may bring guests but must register their names. Space is limited. College Cash seminars seek to educate the community free of charge about financial literacy topics in relation to higher education.

Katy, Aspiring Physician

Posted: 02.23.15

Scholarship recipient Katy Eslami
February’s Scholar of the Month, Katy Eslami, is in her senior year at the University of Maryland. In the fall, Katy taught courses in chemistry and was appointed as co-chair for the Recruitment Program at the University of Maryland. Through the post, she meets with prospective students and parents to help them with the college application process. Katy is also a student advisor for the Pre-Health Advising Office where she works with students interested in a medical career. Last but not least, she works as a research supervisor in the Emergency Room at George Washington Hospital.

Katy is navigating the medical school interview process and looks forward to making an informed choice soon about where to begin her medical training after graduating with her bachelor’s degree this spring. Katy writes, “Thanks to Central Scholarship and generous donors, I was able to pursue every interest during my junior and senior year at the University of Maryland. If it wasn’t for this scholarship, I wouldn’t be able to continue my volunteer positions and also attend medical school interviews due to financial restraints. This past semester, I have been more thankful for this generous gift than ever.”

Vice President Calls for Cost Transparency in The Baltimore Sun

Posted: 01.13.15

Baltimore Sun Op-Ed by Michele Waxman Johnson
Central Scholarship’s Vice President, Michele Johnson, penned an op-ed in today’s Baltimore Sun pushing for cost transparency in higher education.  She calls for legislation mandating updated and easy-to-use cost calculators for all schools.  Michele Johnson writes, “We were delighted to learn that a federal bi-partisan bill proposing a Net Price Calculator Improvement Act of 2014 was introduced in the House of Representatives by Maryland U.S. Rep. Elijah Cummings and in the Senate by Minnesota Sen. Al Franken. The intent of this bill was to simplify net price calculators and require current and consistent data in a user friendly format in the appropriate location on the school website with no broken links. Pretty much a “no-brainer.” While the House of Representatives bill passed as part of the larger Strengthening Transparency in Higher Education Act, the Senate bill failed and must be reintroduced in 2015.

With the 114th Congress now in session, we hope that Senator Franken will reintroduce, and the Senate will pass, this bi-partisan bill. However, should this federal legislation not become a reality any time soon, we urge the Maryland General Assembly and incoming Gov. Larry Hogan to again take the lead in the interest of transparency for Maryland students and families and support such a bill here in Maryland. As Maryland led in 2014 with the Financial Aid Shopping Sheet statewide legislation, let’s see Maryland lead again, strengthening the net price calculator requirements.”

The entire op-ed can be read here: http://www.baltimoresun.com/news/opinion/oped/bs-ed-higher-ed-transparency-20150113-story.html

Legg Mason Scholarship Fund for Vocational Students Recipient Tavon Daye

Featured Scholar of the Month

Posted: 08.28.14

Congratulations to Tavon Daye, our August Scholar of the Month.  Tavon completed training at CCBC and received his computer repair certification.  He is 23 years old and was born and raised in Baltimore City.  He hopes to set a good example for his two younger sisters by earning certification and skills education to help him begin his career.  In his own words, he writes, “My professional goal is to get all of the education and training that I can get so that I can prepare for an excellent career to support my family, instead of struggling with a nine to five at McDonalds.”

Unfortunately, Pell grants and financial aid are not applicable to Tavon’s training program.  He is from a low-income single-parent home that does not have the financial resources to support Tavon’s educational pursuits so he turned to Central Scholarship.  After receiving The Legg Mason Scholarship Fund for Vocational Students, Tavon thanked us “from the bottom of my heart.”  Central Scholarship’s vocational training scholarship application is open year round and applications are accepted on a rolling basis.  To apply, click here and scroll down to Career & Technology Students.

CS awards over $1 mil to 2014 scholars

Posted: 08.12.14

Central Scholarship recipients at the 2014 Student Awards Ceremony
Congratulations to this year’s scholarship recipients!  We celebrated our new scholars with a packed house reception at the Vollmer Visitor Center inside of the Cylburn Arboretum.  Click here to see a list of all 2014 scholarship recipients.

Our student speaker this year, Shaquil Timmons, shared his story of growing up around friends and adults who did not expect him to be successful because of his background.  Nonetheless, he graduated from Woodlawn High School, and then Stevenson University this past spring and launched an entertainment company.  We were also thrilled that Senator Barbara Mikulski delivered a letter to be read at the awards ceremony congratulating Central Scholarship students.  She writes, “Congratulations to all of this evening’s scholarship winners.  You have prevailed over many other candidates for this award and have worked long and hard to earn this coveted distinction.  What a stunning affirmation to your commitment to academic excellence and motivation to succeed.  Enjoy your place in the spotlight.  I know your family and friends are very proud of you and so am I.”

We also heard keynote Danielle DiFerdinando speak about heading a successful handbag company at the young age of twenty seven.  Danielle spoke of her rise from Ellicott City, Maryland to New York City where she is currently running Danielle Nicole, a company that has received national attention from celebrities like Rachel Zoe and Oprah.  At the conclusion of the ceremony, we surprised Brett Libowitz with the grand prize College Cash scholarship sponsored by Howard County General Hospital.  Brett wrote an exemplary essay about what he learned from our College Cash seminar in January.

We are thrilled to award scholarships to students in our 90th year of service to the community.  We thank our students for being hardworking achievers and we thank our loyal donors for their continued generous support.

Brett, College Cash Winner

Posted: 07.31.14

College Cash Scholarship recipient Brett Libowitz
Congratulations to Brett Libowitz, our 2014 College Cash Grand Prize Winner and July’s Scholar of the Month!  Brett graduated from high school this past spring and he will begin studying Mechanical Engineering at the University of Virginia this month.  Read his essay below:

The single most important thing I learned at the College Cash 101 event was to advocate for myself. Prior to the seminar, I thought the financial aid and scholarship process was out of my control. I planned to apply for scholarships and aid, submit my paperwork, and let the process take its course. However, the information I received encouraged me to exhort time and effort in order to oversee and manage the process and ultimately make my financial goals a reality.

I discovered that there is scholarship money available that is not advertised, but can be tapped into by reaching out. Since the “Cash 101” seminar, I have contacted the four senators and delegates of the eleventh district to receive scholarship applications and I have begun to apply. In the past, I searched college’s websites for scholarship opportunities, but I learned that there may be more opportunities available if I ask the offices of admissions or contact specific departments.

The meeting highlighted essays as a place to promote myself and explained how to do so. This meeting began to teach me the value of showing rather than telling in personal essays. For example, I was able to replace a statement about my dedication in training for the Baltimore Marathon with recollections of twenty-one mile training runs early on Saturday mornings. In this example, I was able to make a stronger statement about myself by showing my experience rather than merely stating it. This seminar charged me to portray myself in the best light possible in order to achieve my goals in the college application process.

Prior to the session, I believed that the financial package I was dealt was incontestable, but learned that I can go to the financial aid office and request an improved package I feel I deserve. As a result of the information provided, I will potentially take two actions I would not have otherwise. If I truly desire to go to a university but cannot justify the cost as is, I will communicate with the financial aid office seeking money available for prospective students in my situation. Secondly, if I lose need-based aid because I receive private scholarships I will argue to redeem these need based federal funds. I learned that it is worthwhile to make an attempt at requesting changes to my financial aid and grant money.

Central Scholarship’s College Cash 101 event empowered me with the information necessary to put my best foot forward in my ventures to receive financial assistance for my higher education.

Although I found the program to be extremely informative, I would have liked more information on when a more expensive college is worth the cost of attendance. I would have appreciated more coverage on the factors to consider in making a decision like this. I feel a section next year based on when it may be worthwhile to spend more on college would be beneficial, but either way I am grateful for the commitment Central Scholarship makes to those seeking an affordable college experience!

Please join us for upcoming College Cash events throughout the year for opportunities to win scholarships and learn about the financial aid process.