FARMINGTON, Connecticut— (February 23, 2021) — Connecticut Wealth Management, LLC (CTWM) is pleased to announce the launch of the Connecticut Wealth Management Scholarship 2021, in partnership with the United Negro College Fund (UNCF). The scholarship is open to Connecticut residents who are African American college sophomores who meet academic and needs-based criteria. One winner will be awarded $10,000 for college, with half distributed their junior year and half their senior year.
This is currently the only UNCF college scholarship sponsored by a company in Connecticut specifically for African American students in the state. The financial and wealth management firm partnered with the UNCF as a positive step to address racial equity on a statewide level.
The CTWM Scholarship deadline for completed applications is March 24, 2021. The CTWM Scholarship is a need-based scholarship program for students from Connecticut, with one scholarship awarded to a junior in the 2021-22 academic year. The recipient is eligible for renewal senior year, provided eligibility criteria continues to be met.
To be considered and accepted, students must meet the following criteria:
- Be African American
- Minimum cumulative grade point average of 2.75 on a 4.0 scale
- Complete the Free Application for Federal Student Aid (FAFSA) form and have a demonstrated, unmet financial need as verified by their college or university
- Reside in or be a permanent resident of Connecticut
- Be a college sophomore during the time of application
- Students shall submit an online application complete with:
- A letter of recommendation
- A statement of career interest
- A current transcript (unofficial)
- All majors encouraged to apply; preference will be given to business or business-related majors
“We are thrilled to offer our first-ever scholarship to an aspiring, African American student this year in partnership with the United Negro College Fund,” said Kathleen M. Christensen, CPA/PFS, CDFA®, Partner of CTWM. “It’s critical to take action to help bridge racial equity in Connecticut, and we’re proud to offer the scholarship as an educational opportunity to a deserving student.”
Diego Aviles, Vice President, Fund Development, UNCF Northeast Division says, “We are grateful to have a firm like Connecticut Wealth Management establish this wonderful new scholarship program. We have learned that philanthropy is not enough. Voice matters. Philanthropy with voice can be the important equation to bring the necessary change for racial justice and equity that is so needed in our country.”
For more information about the scholarship, applicants can visit here.
UNCF (United Negro College Fund) is the nation’s largest and most effective minority education organization. To serve youth, the community and the nation, UNCF supports students’ education and development through scholarships and other programs, supports and strengthens its 37 member colleges and universities, and advocates for the importance of minority education and college readiness. UNCF institutions and other historically black colleges and universities are highly effective, awarding nearly 20% of African American baccalaureate degrees. UNCF administers more than 400 programs, including scholarship, internship and fellowship, mentoring, summer enrichment, and curriculum and faculty development programs. Today, UNCF supports more than 60,000 students at over 1,100 colleges and universities across the country. Its logo features the UNCF torch of leadership in education and its widely recognized trademark, ‟A mind is a terrible thing to waste.”® Learn more at UNCF.org.
About Connecticut Wealth Management, LLC
Connecticut Wealth Management, LLC is a registered investment advisor that believes in creating genuine partnerships, building trust and understanding with clients in order to provide unbiased financial planning and asset management to individuals across Connecticut and nationwide. Connecticut Wealth Management takes pride in employing an independent business model that aligns our interests with those of our clients and engaging in a collaborative, team approach to create empowering wealth management strategies and solutions. For more information about Connecticut Wealth Management, LLC, visit www.CTWealthMgmt.com.