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The application program will be available again in January. Please return then to view the updated Eligibility and Awards for the 2023-2024 academic year! If you are an applicant who would like to discover more scholarship opportunities you might qualify for, please continue to the Scholarship America Hub and sign up!

Homepoint Legacy Scholarship Program
Application status: Closed

Homepoint Foundation Inc. has established a scholarship program to assist children of domestic employees of Home Point Financial Corporation or its affiliates, who plan to continue their education in college or vocational school programs.

The program is administered by Scholarship America®, the nation’s largest designer and manager of scholarship, tuition assistance, and other education support programs for corporations, foundations, associations, and individuals. Eligibility for individual programs is determined at the sole discretion of the sponsor, and eligible applications are reviewed by Scholarship America’s evaluation team. Awards for this scholarship are granted to eligible recipients without regard to creed, religion, sexual orientation, disability, or national origin.

Applicants to the Homepoint Legacy Scholarship Program must:

  • Be dependent* children, age 25 and under, of full time domestic employees of Home Point Financial Corporation or its affiliates (Homepoint) who have a minimum of 1 year employment with Homepoint as of the application deadline date
    *Dependent children are defined as natural and legally adopted children or stepchildren living in the employee’s household or primarily supported by the employee.
  • High school seniors or graduates, or current postsecondary undergraduates, who plan to enroll in full-time undergraduate study at an accredited two-year or four-year college, university, or vocational-technical school for the entire upcoming academic year.

Dependents of executives and senior officers* of Homepoint and members of the Foundation Board are ineligible.
*The definition of ‘executive or senior officer’ is Executive Managing Director and Senior Managing Director at Hompoint or our affliates.

Awards

If selected as a recipient, the student will receive a $6,000 award. Up to 10 awards will be granted.

Awards are one-time only. Past recipients may not reapply.

Awards are for undergraduate study only.

Notification

All applicants will be notified in April.

Payment of Scholarships

Scholarship America processes scholarship payments on behalf of Homepoint Foundation Inc. Payment is made in early August.

Selection of Recipients

Scholarship recipients are selected on the basis of academic record, demonstrated leadership and participation in school and community activities, work experience, a statement of educational and career goals and objectives, unusual personal or family circumstances, and an online recommendation.

Financial need, as calculated by Scholarship America, will be considered and must be demonstrated for the student to receive an award.

Selection of recipients is made by Scholarship America. In no instance does any officer or employee of Homepoint Foundation Inc. play a part in the selection. Not all applicants to the program will be selected as recipients. All applicants agree to accept the decision as final.

Financial Literacy Support

Award recipients will be given access for a year to WhichWay, a financial literacy tool with interactive financial education modules containing tools and tips that include the following topics:

  • Understanding Basics of Budgeting
  • Achieving Goals
  • Creating and Maintaining a Budget
  • Paying for College
  • Understanding Credit
  • Obtaining Credit
  • Applying for Financial Aid
  • Managing Credit Cards
  • Managing Student Loans While in School
  • Managing Debt
  • Repaying Student Loans

Participation in Scholarship America’s financial literacy tool, WhichWay is offered to scholarship recipients. Recipients will be invited to register online to participate in financial education activities to help guide a student to financial stability and success.

As part of your application, you must upload the following:

  • A current, complete transcript of grades. Grade reports are not accepted. Transcripts must display student name, school name, grades and credit hours for each course and term in which each course was taken. NOTE: If you are providing SAT or ACT test scores, and those scores are not listed on your high school transcript, you will need to upload an official copy of those test scores separately. If you are uploading a college transcript, those scores are not required.

One online recommendation form must be submitted on your behalf no later than March 23, 2022 3:00 pm Central Time.

Your application is not complete unless all required materials are submitted electronically.

Homepoint Foundation Inc. has partnered with Scholarship America. Selecting the button below will redirect you to the Scholarship America Student Hub!