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ASU Offering Scholarships To Students With Savings Accounts

Hundreds of students can potentially receive as much as eight times the money they have in their savings account to use for school, as part of ASU’s Earn to Learn program.

ASU’s partnership with Earn to Learn provides financial aid for high school seniors and community college students who want to attend the university. As part of the program, students will need to save $500 in an individual development account at specific bank partners to be eligible to receive a $4,000 scholarship.

Students who save the money also must meet the financial aid eligibility requirements.

Melissa Pizzo, dean of Admissions and Financial Aid Services, said in the current school year, they expect to help more than 400 students financially and academically.  

“It’s a very comprehensive program and a very comprehensive experience for a student to help them learn about money, how to manage money, and then potentially earning some of those rewards for their participation in the program,” said Pizzo.

These scholarships are grant-based and ASU has applied for its fifth grant to continue with the program. Students interested can apply for the 2017 school year on the ASU scholarship website.

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Kenya Vasquez was an intern at KJZZ in 2016.