The loss of a parent or guardian is one of life's most difficult ordeals. The emotional strain can be devastating to children and young adults. And for too many families, an untimely death also brings financial stress, making recovery all the more difficult.
A college education is already a major financial challenge for most American families, but it becomes infinitely more difficult for a student when a parent dies, leaving little or no life insurance.
Life insurance is an important financial safety net that parents can leave their families. Unfortunately nearly 100 million Americans don't have life insurance, and most with coverage have far less than recommended.
Recognizing the character and perseverance that so many young people show in the face of such adversity, Life Happens sponsors the annual Life Lessons Scholarship Program for college students and college-bound high school seniors. Qualified entrants who submit essays or videos about how the death of a parent impacted their lives are eligible for scholarship money. Over a million dollars in college scholarships have been awarded over the years. The total of scholarships for the 2017 Program is $150,000, and will be allocated in the following amounts:
A) Grand Scholarship recipients (4): $15,000
B) Life Lessons State Farm $12,500 Scholarship (2)
C) Life Lessons American Family $10,000 Scholarship (1)
D) Life Lessons MIB Group, Inc. $5,000 Scholarship (2)
E) Life Lessons OneAmerica $5,000 Scholarship (1)
F) Life Lessons Swiss Re $5,0000 Scholarship (1)
G) Board of Directors $5,0000 Scholarship (1)
H) Life Lessons $5,000 Scholarship (6)