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Meet the first MONEY Magazine Scholarship Winner

Meet the first MONEY Magazine Scholarship Winner

Posted: 05.16.12

MONEY Magazine Scholarship Winner Michael Greene

Finishing out his senior year at Baltimore Polytechnic Institute, Michael Greene received news that Central Scholarship awarded him with a MONEY Magazine Scholarship.  Poly is a high school in Baltimore known for its emphasis on science and engineering, and Michael plans on pursuing engineering as a career path.  Michael is a member of the National Honor Society, Air Force JROTC and the varsity tennis team.  Michael participated in the American Cancer Society “Race for the Cure” and he also served as an international missionary to Ghana West Africa for Huber Memorial Church.  Michael was accepted as a freshman in the honors program at Morgan State University where he hopes to pursue a degree in electrical engineering.

College Cash 101 logo
Students who attended Central Scholarship’s COLLEGE CASH 101 in March of this year were eligible to apply for a MONEY Magazine scholarship.  Michael took advantage of the opportunity and he is the first of four winners.  At COLLEGE CASH 101, students learned about how to find money and how to manage it.  Michael says, “This event was awesome! Everyone knows that information is power and students need a lot information to help them make good choices about financing their college educations and how they can take advantage of the many opportunities that exist for students in today’s challenging economy.”

Michael’s winning essay is below:

The most impactful message I heard during the March 31, 2012 College Cash 101 was delivered by Ms. Jennifer Bauer. Ms. Bauer said “there is money out there for you if you do your homework and make sure you are prepared”.  I listened as she shared information about many grant and scholarship opportunities that are available for undergraduate and graduate students.  I could tell that she cared and wanted everyone to be as excited about college and learning as she appeared to be. Many of the topics she discussed forced me to think about my strategy for obtaining scholarships. I know that my work doesn’t end once I’m accepted to college. I also enjoyed learning about the importance of a student budget.  I know that my mother will not be able to spend a lot of extra money on me because she will need to care for my younger sister and take care of household bills.  College does not mean that your family has to go bankrupt and that as a student; you don’t have to be cash poor.

The biggest eye-opening moment for me related to the importance of having a good SAT score. I know that this is very true because each time I took the test and raised my score, I got additional scholarship opportunities.  I learned that the admissions process and financial aid process are closely related.  I appreciate the help I received during high school because it prepared me to be competitive in the scholarship arena. The most important take away from the event is that college is an opportunity to plan the rest of your life. Many of the speakers seemed to share the common message that college is a positive experience where most of your learning happens outside of the classroom. The common theme for me was “life planning”. It may seem like a big deal to some students still in high school, but it’s real. I also enjoyed the one-on-one sessions with the college financial aid counselors. I met with a representative from the University of Maryland and Morgan State University. I understand how the process works.

My future career goal is to become an Electrical Engineer because the field deals with the use of electricity, electronics and electromagnetism to make new tools.  I have chosen to apply to colleges and universities that have strong engineering programs and that support students with great internship opportunities. My educational goal is to pursue both undergraduate and graduate degrees in the field of electrical engineering. I’m interested in Electrical engineering because it deals with how we use electricity, electronics and electromagnetism to make new tools. I think that this will allow me to learn more about power, electronics, control systems, signal processing and telecommunications if I decide to work for NASA or a private company. I like engineering because it is a broad career field and it allows me flexibility in finding the right use for my skills. I know that there are ways to use existing ideas and materials to help employee the next generation of people in our country. I believe that it is my job to create opportunities once I become trained in this field.  I would like to be considered for this scholarship because of my academic success at Poly, my contributions to the school community and greater Baltimore community and to help offset the financial burdens for my mother.

If I had to choose a way to improve next year’s event, I would suggest that you try to ensure more senior high students attend the program. I would partner with a local radio station that targets youth and spread the word. I would also have a contest that would publicly recognize the school with the most students that attended. It would be nice to have student sessions where kids could share what they did to get scholarships. I would invite freshmen college students who received scholarships to come back and talk to new applicants to share secrets of success.

Congratulations to Michael for winning the first MONEY Magazine Scholarship!  Stay tuned to find out who else won this year.

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!

College Cash 101 Recap & Photos

Posted: 04.10.12

Student attending College Cash 101 seminar
Thank you to everyone who helped make this year’s College Cash 101 event a big success!  Eager students and parents arrived at the University of Baltimore on the morning of Saturday, March 31st .  We kicked off the day with a welcome from Michael Ward, Associate Dean of Student Affairs at Johns Hopkins University and Kim Clark, Senior Writer at MONEY Magazine.  Everyone moved into the break out session of their choice following breakfast and the introduction.  Attendees chose from “Finding Money for College,” “The Perks and Perils of Credit,” “Surviving Student Loan Repayment,” and “Building Wealth After College.”

Maryland State Comptroller Peter Franchot speaks at College Cash 101 Seminar
During lunch, Peter Franchot, Maryland State’s Comptroller, spoke to the room about the importance of financial literacy.  The day closed with a post-college employment panel featuring Cheri Harman Dorsey (Gordon Feinblatt LLC), Jason Hardebeck (Executive Director of Greater Baltimore Technology Council), Myra Holloway (Human Resources Client Consultant with Carefirst Blue Cross and Blue Shield) and Ashley B. Stewart (Senior Associate in the Talent and Development Unit at the Annie E. Casey Foundation).  We were excited about our partnership with MONEY Magazine and thankful for our sponsors this year — Wells Fargo, BB& T, Vitamin, and Baltimore College Town.  To see photos from the event, click here.

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.

Announcing $5,000 Scholarship To One Student Attending College Cash 101

Posted: 03.12.12

College Cash 101 logo

All students at this year’s COLLEGE CASH 101 event will be eligible to win a $5,000 MONEY® Magazine scholarship.  Space is filling up quickly so register soon.  Every year, Central Scholarship provides students the opportunity to learn about financial literacy.

This year, attendees will walk away with knowledge in the college financial aid letter, basic budgeting, the perils of credit, and repaying student loans. We also include a session on post-college employability designed to help students understand what to expect after graduation.

Read about Central Scholarship’s annual College Cash event here.