Foresters Financial Opens Applications for 2025-2026 Competitive Scholarships for Students

Foresters Financial has officially launched its 2025-2026 Competitive Scholarship program, inviting students in Canada and the US to apply. This initiative, aimed at promoting educational success and community engagement, offers an impressive 400 scholarships, an increase from 355 in the previous year. With each scholarship amounting to $2,000 in local currency, this initiative promises to make a significant impact on the educational journeys of many students.

Eligibility and Requirements


To qualify for the scholarship, applicants must be 24 years old or younger. They should either be current members of Foresters Financial, or have a parent, legal guardian, grandparent, or spouse who is a member. Specific academic criteria apply: new applicants must maintain a minimum GPA of 3.2, equivalent to an average of 80%. They must also have completed at least 50 hours of volunteer work in the two-year period leading up to the deadline, and be enrolled full-time in a recognized two-year undergraduate program.

Returning applicants face slightly relaxed academic standards but still need to meet minimum GPA requirements of 3.0 (75% average) and must have completed at least 15 hours of volunteer service in the previous year. Enrollment in full-time studies for the academic term in which they are applying is required.

Application Process


The application process opened on December 5, 2024, and will close on April 30, 2025. Interested candidates can apply through the International Scholarship and Tuition Services (ISTS) portal, which simplifies the process by providing a user-friendly checklist and Live Chat support. A diverse Selection Committee, composed of representatives from various international universities and colleges, oversees the selection process to ensure fairness. This committee evaluates candidates based on three key areas: community service, academic grades, and a personal essay, weighted at 50%, 25%, and 25% respectively.

A Legacy of Giving


Since 2012, Foresters Financial has awarded over 9,900 scholarships, reflecting an investment topping $19.7 million in educational opportunities for students worldwide. The organization’s commitment to education as a catalyst for positive community change highlights its core values. Matt Berman, President and CEO of Foresters Financial, emphasized that the scholarship program embodies their commitment to empowering members and fostering educational success.

"At Foresters, we believe that education is the most powerful catalyst of a better future—not just for individuals, but for entire communities," Berman stated.

Recognition and Results


The recipients will be notified about their scholarship status in mid-June 2025. Once notified, students must either accept or decline their scholarship by the specified deadline to avoid forfeiture. Funds will be disbursed by August 31, 2025. Each year recognizes diligent students who strive for excellence not just in academics but also in their service to the community.

With a strong foundation built over 150 years, Foresters Financial continues to make strides in the realm of community support and education. Their scholarships are more than just financial support; they reflect an investment in future leaders who will contribute positively to society.

For more details on the Competitive Scholarship and to access the application, visit Foresters.com and take the first step towards enhancing your educational journey.

Conclusion


As applications open for the next academic year, this is an opportune moment for young scholars to leverage this generous program. Empowering young minds through financial assistance not only benefits individuals but also strengthens communities by fostering a generation dedicated to giving back. Foresters Financial’s unwavering dedication to educational advancement illustrates its role as a cornerstone for families and communities alike.

Topics Financial Services & Investing)

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