The loss of a parent or guardian is one of life’s most difficult ordeals. The emotional strain can be devastating to children and young adults. And for too many families, an untimely death also brings financial stress, making recovery all the more difficult.
Recognizing the character and perseverance that so many young people show in the face of such adversity, the LIFE Foundation sponsors the LIFE Lessons Scholarship Program for college students and college-bound high school seniors. Qualified entrants who submit essays or videos about how the death of a parent or guardian impacted their lives are eligible for a Grand Prize of $15,000 in scholarship money. Two Grand Prize winners will be chosen from the pool of First Runners-Up from the essay and video categories. Total of all scholarships is $125,000, and allocated in the following amounts:
Essay (1): $15,000 (15k)
Video (1): $15,000 (15k)
First Runners-Up (5): $7,500 (37.5k)
Second Runners-Up (4): $5,000 (20k)
Third Runners-Up (8): $2,000 (16k)
First Runners-Up (1): $7,500 (7.5k)
Second Runners-Up (2): $5,000 (10k)
Third Runners-Up (2): $2,000 (4k)
2 Ways to Enter
Essay of 500 words or less
Video of 3 minutes or less
Why LIFE Lessons?
Paying for college is a major financial challenge for most American families, but it becomes infinitely more difficult when a parent dies at an early age. Typically, parents can be counted on to provide at least some financial support for college. But when they’re gone and can no longer lend a financial hand, college often seems out of reach for many young people. LIFE takes great pride in being able to help deserving young people realize their dream of achieving a college education.
LIFE Lessons also provides the LIFE Foundation with the opportunity to help all parents understand the important role that life insurance plays within a sound college-funding plan. Parents’ dreams of a college education for their children don’t need to die when they do. If parents account for college funding in their life insurance planning, they can take comfort in knowing that their children will have the chance to pursue a higher education and realize their full potential.
Note to Students
LIFE awards LIFE Lessons Scholarship once every year. Typically, applications are solicited during the March timeframe and scholarship recipients are notified in August. The deadline for the 2013 scholarship program has passed. If you are interested in applying for a scholarship, please visit our site in early 2014 when we will again be accepting applications.
Entering is easy. First, read the rules to make sure you qualify then enter online. In addition to some basic information, you’ll need to submit a brief essay (500 words max) or video (3 minutes max) discussing how the death of your parent or guardian affected your life financially and emotionally. Be sure to describe how the loss of your parent/guardian impacted your college plans (e.g., your ability to afford college, attend the college of your choice, etc). Explain how the lack of adequate life insurance coverage (or no coverage at all) impacted your family’s financial situation. Comment specifically on how things might have turned out differently for you and your family if the person who died had adequate life insurance coverage. Also indicate what you have done to provide for yourself and/or other family members because of financial challenges your family has faced.
If you have any questions, please email firstname.lastname@example.org, or call (202) 464-5000 x4446.
Donate to the LIFE Lessons Scholarship Fund
LIFE accepts individual contributions from those wishing to support this important initiative. Your financial support can make a world of difference for a young person struggling to afford a college education due to the loss of a parent or guardian. Donations to the LIFE Lessons Scholarship Fund are tax-deductible. Click here to donate.
To view LIFE’s Private Policy click here.