The scholarship program will provide financial support to students who plan to pursue a career in the financial sector.
ACE Cash Express has a long history of offering a wide range of financial products and services, including short-term loans, card services, check cashing, money transfers, and more. The company has always been committed to helping people achieve their dreams of getting an education, and this scholarship program is just another example of their commitment to creating opportunities for people who want to have a impact on their community.
The scholarship program will award $50 per month for up to five years (up to $2,500 in total). The amount of the scholarship can be increased according to the academic results of the candidate. Applicants must have at least a 2.5 GPA (or equivalent) to be considered.
To make this opportunity possible, the company has partnered with 1FirstCashAdvancea service that brings together hundreds of direct lenders on a single platform.
The new partnership will provide 1FirstCashAdvances customers with the ability to get cash loans quickly, regardless of their credit history. Customers can now apply for any loan amount and receive their funds within 24 hours. Additionally, they can access over 150 lenders and a variety of loan products including payday loans, installment loans, title loans, and more.
Their goal is to make it easy for all Americans to find the right loan product that meets their needs and budget. The goal is for every customer to get the money they need quickly and affordably through our partnership with 1FirstCashAdvance.
“We are excited about this partnership as it will allow us to offer more options to our customers,” said Leron Gubler, CEO of ACE Cash Express. “Thanks to this new relationship, we will be able to offer them a wider range of products and services to meet their financial needs.
Along with this scholarship, 1FirstCashAdvance has its program called Financial Champions Scholarship. It is designed to recognize and reward high school students who prove financial responsibility and plan to attend a two- or four-year college in the United States, Canada, or Puerto Rico. Students must be US citizens or permanent residents and have a GPA of 3.0 or higher to be eligible for this scholarship.
Students will be assessed on their academic performance, financial need, community service activities, leadership roles in organizations, and community involvement. The award is valued at $1,000 per year for up to four years of undergraduate study at a two- or four-year college.
Latoria Williams, CEO of 1FirstCashAdvance, is on a mission to educate those who have limited access to traditional financial resources about responsible lending. She shared her vision for making credit accessible to everyone. “We believe that every person deserves the opportunity to be able to build their credit,” she said. “If you don’t build your credit, it’s hard to get approved for anything in life.”
Williams believes that by giving people access to affordable loans, she can give them a boost and help them achieve their dreams.