Rocket is very happy to offer scholarships to assist team members’ children who plan to continue education in undergraduate, graduate or vocational school programs. Scholarships are offered each year for full-time study at an accredited institution of the student’s choice.
The program is administered by Scholarship America®, the nation’s largest designer and manager of scholarships 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 Impact the Future: Scholarship Program must be:
*Children are defined as natural and legally adopted children or stepchildren of team members from eligible companies.
**Eligible companies include: Amrock, Amrock Connecticut, Amrock Title Insurance Company, Aramark, Bedrock Management Services, Canton Charge, Cavs Legion GC, Cleveland Cavaliers, Cleveland Monsters, Core Digital Media (LowerMyBills), Detroit Labs, Detroit Venture Partners, Golden Crate Management, Jasper Promotions, Lendesk, One Reverse Mortgage, Pophouse, Rocket, Rock Events, Rock Holdings Inc., Rock Security, Rock Ventures, Rocket Community Fund, Rocket Homes Real Estate, Rocket Innovation Studio/AKA Rock FOC Technologies Canada ULC, Rocket Money, Rocket Mortgage Fieldhouse, Rocket Mortgage, Rocket Worldwide, RocketLoans Marketplace, Sift, Supper LLC, The Gilbert Family Foundation, Woodward Capital Management, Woodward Original and Zup Household Services.
If selected as a recipient, the student will receive a $4,000 award. Ten (10) awards will be granted. Awards are not renewable, but students may reapply to the program each year they meet eligibility requirements.
Limit of one award per household per year. A recipient cannot receive an award in two consecutive years and can receive no more than two awards total.
Awards are for undergraduate, graduate or vocational school programs and must be used for education-related expenses.
Scholarship America processes scholarship payments on behalf of Rocket, LLC. Payments are made in one installment in early August.
Finalists are selected by Scholarship America on the basis of:
The Rocket Scholarship Team will review the finalist information and their essays and select the recipients. All applicants agree to accept the decision as final.
Financial need is not considered.
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 a copy of your test score report(s) separately. If you are uploading a college transcript, those scores are not required.
Your application is not complete unless all required documents are submitted electronically through the Scholarship America Student Hub.