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Home » Scholarships

The Mason Finance Life Settlement Awareness Scholarship (Deadline: September 15, 2019)

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Who Can Apply:

  • All applicants must be enrolled, or due to be enrolled, as a full-time student at an accredited college or university for the semester they are applying to receive the scholarship.
  • Applicants are not required to have a minimum GPA.
  • Domestic, international, and undocumented students may apply.

Submission:

  • Today, nearly half of those 65 years and older are economically insecure and will run out of money during their retirements. At the same time, seniors are losing approximately $110B a year due to lapsing life insurance policies. The reason is that nearly 90% of seniors are unaware that you can sell your life insurance policy.
    • Please write a 1000 word essay that reflects on the above information and answers the following questions:
      • Many seniors fall into financial difficulties through no fault of their own. What reasons do you think factor into this problem?
      • When considering the finances of those already retired, how do you think new technology can help them gain access to historically hard to reach retirement services such as a life settlement, viatical settlement or annuity?
      • Keeping in mind seniors are less likely to feel comfortable using technology and less trusting of the internet, how do you think modern companies can best manage that balance?
  • Please provide proof of enrollment in an accredited college or university. A transcript, tuition receipt, or acceptance letter will be accepted.
  • Please submit The Mason Finance Life Settlement Awareness Scholarship form

Deadline: September 15, 2019

Amount: $1,000

Learn More: https://www.masonfinance.com/scholarship/