Money Matters Scholarship

Scholarship Value: $5,000
Awards Available: 3

The American Payroll Association and Workday, Inc. will award one (1) $5,000 scholarship and two (2) $1,000 Scholarships, eligible to any high school junior or senior or individual pursuing continued education who shows an acceptable understanding of the Money Matters National Education Day curriculum.

A) Scholarship Program

API Fund and Paychex fund scholarships to help promote and support financial literacy education targeted to students preparing to enter the workforce. The scholarships may be used at any accredited university, college, community college, technical school, or vocational school in the United States. In 2022, three (3) scholarships will be offered – one (1) in the amount of $5,000 and two (2) in the amount of $1,000 each. No purchase or payment is necessary to enter or win. Contest entrants must be a citizen or lawful permanent resident of the United States.

B) How to Apply

To be considered for a scholarship, you must complete the following steps:

A) Study the 2022 Money Matters National Education Day “Bring Home the Gold” student workbook to ensure you have a thorough understanding of the basics surrounding your first paycheck. If a volunteer teacher did not teach the lesson to you or your class, you can access the student workbook on your own online.

B) Complete a five-question quiz based on material directly found in the “Bring Home The Gold” student workbook.

C) Each student who correctly answers all five questions on the quiz will be automatically entered in a drawing for the scholarships.

D) Candidates can retake the quiz as many times as needed to achieve a passing score.

Deadlines and Selection Process

The deadline to apply for the scholarships is September 30, 2022, at 11:59 p.m. EDT.

The winning candidates will be chosen randomly from the pool of eligible candidates that exists at the deadline. The winners will be selected and notified by email by October 7, 2022.

The award will only be granted once the candidate successfully verifies enrollment in an accredited university, college, community college, technical school, or vocational school in the United States. Proof of enrollment must be provided by November 4, 2022, for an academic term beginning no earlier than August 1, 2022, and no later than February 1, 2023.

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