More than half of Americans would not be able to afford a surprise expense of just $500, according to a recent survey by Money Under 30.

That statistic is as shocking as it is sad; at Money Under 30, our main goal is to educate the next generation of Americans to become financially healthy and responsible. We want you to be plan ahead, not only for the $500 expense, but also for a university degree, a home purchase, a vacation or two, and even for retirement.

Women in particular face difficulty in getting ahead financially. They often have to shoulder the burdens of a society that too often expects them to be both breadwinners and bread makers, head of the business unit and the family unit, chief executive and super mom.

And although at Money Under 30 we can’t fix it all, we are trying to do our small part to empower women in the field of finance by encouraging them to excel in business and finance and become active leaders and role models in the field.

Awards

We’re offering two one-time scholarships, totaling $3,000, to build our community of financially healthy young women.

The winner will receive a $2,000 scholarship, and the runner-up will receive a $1,000 scholarship, payable directly to the accredited educational institution of choice.

To be eligible to apply, applicants must:

  • Be a female or identify themselves as females.
  • Plan to enroll as a full-­time student at an accredited university in the United States for the 2019-2020 academic year.
  • Be pursuing a degree in Finance, Business Administration, Accounting, Economics or a degree in a closely related financial field.
  • Be a U.S. citizen or legal resident.

Applicants will be asked to complete the full process of application which includes:

  • Mention us (@MoneyUnder30) in a tweet providing the most important financial tip you learned from your personal life and that you believe could have value to others.
  • Use the hashtag #MU30WomenScholarship in your tweet.
  • Provide General background information and submit the URL of the tweet in the application form below.
  • 10 applications will be selected as finalists, based on the content and creativity of their 140-character tweet, and on the value their tweet provides others.
  • Money Under 30 will email Finalists asking them to write and submit a full length 500 to 1,000 word essay about their personal journey to becoming financially healthy, and to provide an up-to-date resume.

How we’ll select the winner

The final winners will be selected based on the content and creativity of their essays, and on the value their essays provide others.

The top financial tips, as well as the winning essays, will be featured as separate articles on the website www.moneyunder30.com.

Deadline for applicants to submit application form

March 31, 2019.

Deadline for finalists to submit essays

May 15, 2019.

See full terms and conditions

For more information, or if you have questions, please email [email protected]