City of Saginaw MI -
Saginaw is one of ten communities in Michigan that is designated as a "Promise Zone" through the Michigan Promise Program, enacted in 2009 by then Governor, Jennifer Granholm. Saginaw Promise is a program intended to assist students residing within the Saginaw School District and attending Saginaw Schools with post-secondary scholarships toward higher education. While the effort promotes higher learning, it also assists in retaining Saginaw's current population and attracting families and businesses to the area in order to facilitate further economic growth. This provides Saginaw with great opportunities for positive social and economic development for years to come. Saginaw Promise combines private donations from local businesses with public funds to establish its scholarships, which are prorated and are based on attendance at a two or four-year accredited college, university, trade or vocational school.
Students are eligible for the Saginaw Promise scholarship as long as they reside within the Saginaw School District and have attended a school within the district for 3 consecutive years, graduating from a high school within the Promise Zone. Students must be admitted to or enrolled in an accredited public or private post-secondary college or university within the State of Michigan, or enrolled in a program that leads to a degree or certificate. The scholarship offers students $2,727 per year for a two-year degree program, and $8,000 per year for a four-year degree program. This scholarship is intended to be utilized as a "last dollar" scholarship to cover fees and tuition not otherwise covered by federal, state, or private scholarships and/or grants.
In order to apply for the Saginaw Promise Scholarship, students must first complete the Free Application for Federal Student Aid (FAFSA) at www.fafsa.ed.gov. After submitting the FAFSA, students can apply for the Saginaw Promise Scholarship on the Saginaw Community Foundation's website at www.saginawfoundation.org under the "Scholarships" tab. To maintain the Saginaw Promise Scholarship yearly, students must complete the FAFSA and reapply for the Saginaw Promise annually, remain in good academic standing, and supply a copy of transcripts and financial aid reports along with their renewal application. For more information on the Saginaw Promise Scholarships, please visit their website at www.saginawpromise.org.
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