‘Articles’

Glow Foundation gives guidance, scholarships to students needing it most

Mountain View Voice
by Jennifer Pence

Imagine you’re one of the 28 million Americans who lack access to traditional financial services. For financial transactions, your family relies on payday loans, check-cashing services and pawnshops rather than checking and savings accounts or lines of credit. Meanwhile, you’ve worked hard in school and, despite the odds against it, been the first person in your family admitted to college.

This may sound like the American dream come true, until you’re hit with a tuition bill of $10,000 or more - after you’ve already maxed out on financial aid provided by your college and the government. Your family has no or bad credit and therefore can’t qualify for loans, and no one in your family has ever applied to college and so cannot give you advice on obtaining scholarships.

What do you do? If you’re lucky, you connect with the Glow Foundation, which provides financial education, mentoring and scholarships to high-potential, low-income students. . . Read the full article

SAN MATEO, Calif., Feb. 12, 2009 - Freedom Financial Network LLC (FFN), and Glow Foundation have launched a partnership to help high-potential, under-resourced high school students in the Bay Area bridge the gap to college education.

This year, FFN will fund two scholarships of $5,000 each, and will provide $25,000 to help build a Web-based financial education program for college-bound high school students.

In addition, the partnership will include an employee volunteer component, in which FFN employees will serve as mentors for students participating in Glow programs. Mentors will help students develop a personal financial budget for their first year in college and will take part in the scholarship evaluation process.

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