Altra Foundation to offer $10,000 financial education scholarship

Originally posted on news8000.com

LA CROSSE, Wis. (WKBT) — The Altra Foundation will offer $10,000 in the form of a scholarship that encourages financial literacy.

The Altra Foundation Financial Scholarship is open to high school students who have completed various modules through the Banzai! classroom or Banzai Teen program offered on Altra’s website.

After completing the modules, applicants must take a post-test and receive a score of 85% or higher, have a minimum 2.8 GPA, and complete the scholarship application. Applicants do not need to be members of Altra Federal Credit Union to participate or win.

Banzai! is a national financial literacy program, available online. It immerses teens in a game-like atmosphere to teach how to save, manage, and spend money wisely. This program can help parents create opportunities for meaningful conversations that instill healthy attitudes towards finances at any age.

Banzai! also offers an online curriculum for teachers to provide their students. Through the Altra Foundation, the Banzai curriculum has been made available for free to middle and high school classrooms in the communities they serve.

Teachers that utilize the program can monitor students’ progress through each of the modules.

“This is the first time we’ve offered a scholarship like this and we are so excited to be able to do it,” said Danielle Anderson, Altra’s Youth Services Manager. “The Banzai! program has received several compliments from students over the years that have completed the modules.”

Scholarship details can be found at www.altrafoundation.org starting October 15, 2020. The scholarship period will run October 1, 2020 through April 30, 2021. All submissions will be reviewed by a scholarship board in May 2021.