Foresters Financial competitive scholarships: Applications now open
RJ Schroeder won a 2020 scholarship. Find out how it helped him make the most of his university experience.
RJ Schroeder lived with his mom and brother in 2020, when he got the news that he’d won a Foresters Competitive Scholarship. “The three of us were in the house and my mom was ecstatic when she found out that I got the scholarship,” he says. “She is a Foresters member and was happy that she was able to give me more than just love and support and encouragement. She was even able to help pay for my undergraduate degree.”
RJ is now studying psychology at Quinnipiac University in Hamden, Connecticut. He’s got his eye on law school and says the Foresters scholarship helped alleviate some of the financial stress of going away to school. “Moving away was an amazing experience for me,” he explains. “I really wanted to feel what it was like living on campus for the first semester before I overwhelmed myself with a part-time job,” he says. “The Foresters Competitive Scholarship helped a lot.”
RJ credits his mom for pushing him to apply for the scholarship. “She is my number one — the person who has always encouraged me to do better, to strive for greatness,” he says. “My mom allowed me to take her support and her unconditional love one step further, by giving me opportunities that I wouldn't have if she wasn't a Foresters member.”
Be a part of something bigger
RJ volunteered at the Jon Bon Jovi Soul Kitchen in Red Bank, New Jersey, a restaurant that provides meals to both paying and in-need customers. “I loved their message,” he says. “I don't think I ever left without a smile. It was a place where I was happy to be and happy to help.” RJ worked nearly 70 volunteer hours and not only helped the community kitchen, but also got the experience he needed to get a job in the restaurant business.
The Soul Kitchen is part restaurant, part soup kitchen, part community hub, and for RJ, the experience helped shape him. “When I walked into that restaurant, it felt like something was kind of opening up inside of me,” he says. “The main aspect was to give back to the area, and families and had the chance to be a part of something bigger.” Communal tables mean that people share the space and often sit with strangers – tourists, locals, paying customers and those in need. “You're able to sit down and have a meal with someone, converse, get to know them and then go your separate ways with a whole new perspective on life.”
Applications now open for 2021 scholarships
The Foresters Competitive Scholarship program1 is now accepting applications for the 2021 academic year. Each year, up to 250 scholarships worth $2,000 per year are available. Because the scholarships are renewable for up to four years, recipients could receive up to $8,000 over the course of their schooling. The funds can be applied to tuition fees for undergraduate study at any accredited college, university or technical program.
Foresters members and their families (spouse, child, grandchild or a child under legal guardianship) are eligible and all applications must be received before February 26, 2021.
A focus on volunteering makes this scholarship program unique — it’s connected to Foresters larger purpose of giving back in local communities. Applications are reviewed based on a combination of community service (65%) and academic performance (35%). Applicants are asked to show 40 hours of community service, provide a recommendation letter from someone related to their volunteer work and a personal essay about the impact that giving back has had on them and their community.
You got this!
While essays and recommendation letters may sound daunting, many students find it helps create a sense of pride in their accomplishments.
“Sometimes scholarships can feel like a pain,” says RJ. “You don't want to write the essay, you don't want to fill out the fields, but it's all worth it in the end. It made me feel like my hard work throughout high school really paid off and Foresters gave me that opportunity to see my hard work come to fruition.”
A bit of work can bring a huge gain. “It's just an essay,” he says. “And if you do get the scholarship, it's the most money you'll ever make in an hour. At the end of the day it's a small amount of time that can have an amazing effect on your education.”
When it comes to asking someone to write a recommendation letter, RJ’s advice is to go for it. “You need to take that leap,” he says. “You might have someone who really cares about you and really wants to write a good letter of recommendation, but if you don't ask them, they never will get that opportunity.” He admits he was nervous, but the teacher he asked was thrilled and more than happy to help.
Do you have clients interested in applying?
Download the application checklist and send to your Foresters clients who are applying for a scholarship. It will help them stay organized and meet the application deadline. Strengthen your client relations and help them plan for their future.
1Available to eligible members. For eligibility criteria, please visit here. Foresters Competitive Scholarship Program is administered by International Scholarship and Tuition Services, Inc. (ISTS).
Foresters Financial member benefits are non-contractual, subject to benefit specific eligibility requirements, definitions and limits
© Foresters Financial, Foresters, and Helping Is Who We Are are trade names and trademarks of The Independent Order of Foresters (a fraternal benefit society, 789 Don Mills Road, Toronto, Canada M3C 1T9) and its subsidiaries, including Foresters Life Insurance Company.
Copyright © The Independent Order of Foresters 2020
419472 US (12/20)
Latest PostsSales Idea: Help Clients Navigate Market Volatility in Retirement with Permanent Life InsuranceJune 2022 Wink Reports First Quarter Annuity, Life Insurance SalesJune 2022 Experiencing FOMO with AIPMA’s LinkedIn Newsletter? Subscribe Today!June 2022
TagsPermanent Life Insurance Annuity Drop Ticket Working From Home Myga Carriers Fixed Indexed Annuity Protective Coronavirus Covid 19 Aipma Legal And General Integrity Marketing Group Genworth Myaip Nafa Wink Equitrust Insurance Fraud Roth Ira Fixed Annuity North American Limra Webinars Bestow Web Meetings Social Media American Equity Culture Tickit Final Expense Nationwide Secure Act Securian Financial Tax Season Charity Disability_Insurance Transamerica Senior Health Shop Regulations Holiday Lincoln Financial Group Integrity Job Posting Long_Term_Care Ira Fidelity Guaranty Life Foresters Financial Medicare_Supplements Open Enrollment Aig Global Atlantic Term Life Insurance Tips Women Retirement Planning Regional Director Life_Insurance Covid19 Financial Planning Taxes
2041 E. Square Lake Road, Suite 100, Troy, Michigan 48085-3897
For more than 40 years, AIP Marketing Alliance (AIPMA) serves as a premier life insurance and annuity distribution partner to provide full-service support to independent wholesalers, brokerages and agents from our Troy, Michigan office. Copyright 2022