Young adults who have experienced foster care now have an opportunity to apply for a scholarship from the Fostering Futures Scholarship Trust Fund, according to the Michigan Department of Treasury.
From now until June 30, eligible students enrolled at a Michigan degree-granting college or university have an opportunity to apply for a Fostering Futures Scholarship of up to $3,000. Awards are given based on need and paid to the students’ college or university to assist with tuition, fees, room, board, books, and supplies.
Since 2012, nearly $1.1 million has been raised to help support the program through individual donations, group donations, sponsorships, ticket sales, auctions and many volunteer-based fundraising events.
Funds raised during the calendar year are distributed annually to scholarship recipients. Another option for donors, the education endowment, returns a portion of investment income annually as scholarships.
The Fostering Futures Scholarship is a joint effort between the Michigan Department of Treasury, Michigan Education Trust (MET), Student Scholarships and Grants (SSG) and the Michigan Department of Health and Human Services.
Since 2014, nearly $4.6 million has been awarded to Fostering Futures Scholarship recipients.
To apply or learn more about the Fostering Futures Scholarship, go to www.fosteringfutures-mi.com. Questions should be directed to Treasury’s Student Scholarships and Grants area at firstname.lastname@example.org or call toll-free at 1-888-4-GRANTS (888-447-2687).