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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 upcoming 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 Community Scholarship Program
Application status: Closed

Homepoint Foundation Inc. has established a scholarship program to assist high school seniors or graduates or current college undergraduates, with a home address in a community where Home Point Financial Corporation is located, 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.

Applicants to the Homepoint Community Scholarship Program must:

  • Be high school seniors or graduates or current college undergraduates with a home address in a community where Home Point Financial Corporation is located (initially to be in or near Ann Arbor, Michigan; Dallas, Texas; Chandler, Arizona and Clearwater, Florida).
  • Plan to enroll in fulltime undergraduate study at an accredited two- or four-year college, university or vocational-technical school for the entire upcoming academic year
  • Plan to pursue a degree in an industry related major to Homepoint Financial – but not limited to: Business, Finance, Accounting or Economics.

Awards

If selected as a recipient, the student will receive a $6,000 award. Up to 10 awards will be granted. Awards are not renewable, but students may reapply to the program each year they meet eligibility requirements.

Assuming there are qualified applicants, consideration will be given to underrepresented* students.

*Students who self-identify as American Indian or Alaska Native, Asian, Black or African American, Hispanic or Latino, Native Hawaiian or other Pacific Islander

Awards are for qualified education-related expenses (tuition, fees, books, and required supplies) only.

Awards are for undergraduate study only.

Selection of Recipients

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

Financial need will be considered. Recipients must demonstrate need.

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. Students may reapply to the program each year they meet eligibility requirements. All applicants agree to accept the decision as final.

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 August.

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.
  • 1040 form (to verify SPC). Please black out SSN.

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.

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!