FSCNY college scholarship program has awarded more than $350,000

 
"I thank you for your generosity on behalf of our City’s students and I congratulate the high school seniors receiving scholarships this afternoon.”

Proclamation from Mayor Michael Bloomberg,
May 11, 2004

 Click for Full Proclamation (pdf)
 

Financial Service Centers National Scholarship
College-bound high school seniors may also apply for the FiSCA National Scholarship, sponsored by the national association for the check cashing industry.
 

FSCNY's Involvement in Local Communities:
 More ways FSCNY members support their local NY communities.

 

 

  

FSCNY SCHOLARSHIP - “Rewarding Young Leaders in Our Community"
 (Fact Sheet PDF)

2010 FSCNY college scholarship application.   Deadline is March 26, 2010.

The Financial Service Centers of New York in conjunction with MoneyGram International is very proud of its college scholarship program. 

"Rewarding Young Leaders in Our Community" awards cash grants to outstanding high school seniors from public and private schools in NYC’s five boroughs and the surrounding NY counties.

FSCNY and MoneyGram International provide development opportunities for young people who will return to their communities and contribute to improving the quality of life for all New Yorkers.  Students are selected based upon leadership skills at school and in the community and academic achievement. 

The Committee selects 5 First place award winners that receive a minimum cash award in the amount of $4,000 towards the cost of their freshman year of study at an accredited two or four-year college or university.  5 Second place award winners receive a minimum of $2,000.  5 Third place award winners will receive a minimum of $500. This year, once again, FSCNY and MoneyGram International will also select one (1) Grand Prize winner to receive a one time award of at least $7500 towards the cost of college and a computer system.

The application deadline is March 26, 2010. Click for 2010 application.

After the initial review of all applications, the finalists will be selected and interviewed on April 20 and 21, 2010 at FSCNY headquarters in New York City. Students will be notified of their awards by letter, on or about May 1, 2010.

Note to Guidance Counselors

Guidance counselors should advise their students to apply for this scholarship based on the following criteria:

  • Academic achievement/improvement

  • Demonstrated leadership in their school

  • Demonstrated involvement in their community, contributing at least 50 valuable hours of volunteer service each year of high school.

History of the FSCNY Scholarship

The college scholarship program has helped more than 220 deserving students attend Ivy League and other selective universities and colleges.  Since the program's inception in 1996, nearly $468,000 in college scholarships have been awarded.

In total, FSCNY members and partners have donated over a half-million dollars to deserving New Yorkers through the FSCNY scholarship, school uniform, and other community service programs. In 2003, the association received the Activa Award from the Financial Service Centers of America, for its exemplary community service.

Click for 2009 awardees or for earlier awardees.

2009 Award Ceremony

The 2009 winners were announced at the FSCNY Seventeenth Annual Conference and Vendor Show on May 12, 2009.

The first-place scholarship recipients received their awards at FSCNY’s 17th Annual Conference luncheon held at the Brooklyn Marriott Hotel on Tuesday, May 12, 2009. In total, $43,000 in scholarships were awarded to high school seniors.

Click for 2009 Scholarship press release, or more photos of the Scholarship award ceremony.

2008 Award Ceremony

"FSCNY members strongly support investing in our local communities and there is no better way to do that than in helping these young people,
the leaders of tomorrow."

Sanford Herman (below right), FSCNY Scholarship Committee Chairman, at the 2008 awards ceremony.

The first-place scholarship recipients received their awards at FSCNY’s 16th Annual Conference luncheon held at the Brooklyn Marriott Hotel on Tuesday, May 6, 2008. In total, $42,500 in scholarships were awarded to high school seniors.
(Click for press release.)

At the 2008 awards luncheon, Gene Schott (left) was recognized for his role in the FSCNY Scholarship Program and for all his years of dedication to the New York financial services industry throughout his career with MoneyGram International.

2007 Award Ceremony

The 2007/2008 winners were announced at the FSCNY Fifteenth Annual Conference and Vendor Show on May 8, 2007.

1999-2006 Awardees

SCHOLARSHIP PROGRAM WINS NATIONAL RECOGNITION

In 2003, CCANY (FSCNY) was recognized by the Financial Service Centers of America, the industry's national organization, for its highly successful College Scholarship Program and its School Uniform Fund, as well as its many financial contributions and community service activities -- from supporting local Little League to area hospitals and non-profits.  CCANY joined forces with Western Union to raise over $300,000, providing over 3,000 youngsters with school uniforms.  Through the College Scholarship Program, CCANY and partner Travelers Express/MoneyGram have awarded over 125 high school seniors a total of more than $225,000 since the program's inception in 1996.