2013 FSCNY/MoneyGram International Scholarship recipients with Juan Melendez of MoneyGram (L) and Sanford Herman, Chairman of the scholarship program (R).

2013 FSCNY/MoneyGram International Scholarship recipients with Juan Melendez of MoneyGram (L) and Sanford Herman, Chairman of the scholarship program (R).

The Financial Service Centers of New York, in conjunction with MoneyGram International, is very proud of its college scholarship program. Each year, FSCNY awards cash grants to outstanding high school seniors from public schools in NYC’s five boroughs and the surrounding counties. Through the Scholarship Program, FSCNY and MoneyGram International provide educational opportunities for young people – many of whom return to their communities and contribute to improving the quality of life for all New Yorkers.

Students are selected based on academic achievement and leadership skills they demonstrate at school and in the community.  Since the program’s inception, the FSCNY/Moneygram International Scholarship Program has awarded nearly $700,000 in scholarships to help 300 deserving students attend Ivy League and other selective universities and colleges.
Eligibility/Criteria: Applicants will be considered based on the following criteria:
  • Academic achievement;
  • Demonstrated leadership in their school; and
  • Demonstrated involvement in their community, contributing at least 50 valuable hours of volunteer service each year of high school.
Applicants must be seniors attending from public high schools in New York City’s five boroughs and the surrounding New York counties.
An essay of the following topic must be attached to the application: In 250 words or less students should explain their most rewarding experience through their community service involvement.
The Awards: One (1) Grand Prize winner will be selected to receive a one-time award of at least $7,500 towards the cost of their freshman year of study at an accredited two or four-year college or university.  At least three (3) first place award winners also will be selected to receive a minimum cash award of $4,000.  Additionally, at least three (3) second place award winners will be selected to receive a minimum of $2,000.
Application Deadline: March 16, 2015