ABOR presents to U.S. Dept. of Treasury on new scholarship progr - Tucson News Now

ABOR presents to U.S. Dept. of Treasury on new scholarship program

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TUCSON, AZ (Tucson News Now) -

Arizona's state universities are participating in the Earn to Learn scholarship program. 

This innovative program pairs federal grant dollars with matching state university funds, which allows low-income students who save money they earned and completed financial education and college readiness training. 

The Arizona Board of Regents President Eileen Klein will be presenting this new program to the U.S. Department of Treasury's Financial Literacy and Education Commission.    It will be webcast here www.treasury.gov/press-center/Video-Audio-Webcasts/Pages/Webcasts.aspx at 7 a.m. Arizona time (9 a.m. EST).

Earn to Learn was launched in 2013 when Arizona's three state universities made history by being the first in the country to apply for and receive federal grant dollars from the United States Department of Health and Human Services' Assets for Independence program. Feb. 12. A complete meeting agenda is available here.

To be eligible for the scholarship program students must save $500 in an individual development account, participate in personal finance workshops, meet regularly with a financial coach and partake in college readiness training provided by each university. Students can then receive $4,000 in match scholarship dollars per academic year.

For more information on AZ Earn to Learn visit www.azearntolearn.org.  

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