Financial Champions Scholarship From 1F Cash Advance
1F Cash Advance Grants a $1,500 Scholarship Once a Year
- Resourcefullness
- Initiative
- Excellence
Meet the 2025 Scholarship Winner – Jordan Lee!
You can become a Financial Champion of 2024 if you apply by June 1, 2026
About 1F Cash Advance, LLC
1F Cash Advance, LLC is a trusted financial company that helps people find reliable loan solutions, no matter their credit scores. We offer a wide range of loan products, including payday loans, installment loans, online loans with no credit check, and in-store loan products. Our main goal is to provide quick and simple cash assistance for emergencies and build a better financial future together.
Scholarship Mission and Intention
Our mission goes beyond fast and reliable financial services. We also want to help individuals manage their finances better and pursue their goals, leading to their financial independence.
The 1F Cash Advance Financial Champions Scholarship intends to encourage young adults to increase their financial literacy through careful research and reflection.
Eligibility Criteria
Our scholarship is designed as a yearly contest where students must send their contributions (essay and video) until the deadline. The application process is ongoing, meaning that if you didn't manage to apply in the running session, you are still considered as an applicant for the upcoming session, given that you meet the eligibility criteria.
To enter our contest, students must meet the following requirements:
Citizenship
Be a United States citizen or resident
Studentship
Be enrolled full-time in high school or part-time or full-time in college, trade school, or graduate school
Age
Be 18 years old or older
GPA
Have a cumulative grade point average of at least 3.0
How to Apply for the 1F Cash Advance Financial Champions Scholarship
To participate in the 1F Cash Advance Financial Champions Contest, applicants should:
- Submit a 500 words essay describing The Impact of Economic Insecurity on Young Adults’ Ability to Save and Invest in Their Future.
- Submit the essay by June 1, 2026, via the application form.
Terms and Conditions
All applicants who submit their essays for the 1FCA Financial Champions Scholarship (further referred as “Scholarship”), agree to the following terms and conditions:
- For participation in this contest are allowed persons meeting all the eligibility criteria.
- All entries that do not comply with the requirements mentioned on the Scholarship page will be disqualified.
- The company will maintain communication with the applicant via e-mail.
- The company keeps the right to refuse to award the Scholarship to the selected winner if the announced applicants fail to confirm their acceptance of the Scholarship by the date defined in the company’s message.
- Each applicant may only win the Scholarship once at any given time.
- The winner will receive the scholarship award into his bank account, or by other means, agreed by the company and the applicant.
- The company reserves the right to refuse to award the Scholarship if the payment process cannot be arranged in a mode convenient for both the company and the applicant.
- The Scholarship award is designated for covering the winner’ tuition fees.
- The Scholarship winner will be asked to submit a photo.
- All applicants allow the company to use the submitted materials on the company’s site, including their photo and the short biography in case of selection as winner.
- The company keeps the right to change the scholarship program at any time, such as current scholarships, terms, rules, and provisions, prize fund, or other details.
- The company will answer all questions related to the scholarship program within 72 hours from the receipt of the message.
- Any objections or questions about the Scholarship program can be sent to [email protected].
- Applicant’s personal information will be treated according to the company’s Privacy Policy in force.
- All information provided in the scholarship application is confidential and will be treated as such. The company will not communicate the personal details of applicants (address or contact information, etc.) to third parties.
Judging Method
A panel of the 1F Cash Advance’s executives will determine the winner of the contest. They’ll base their decision on the following criteria:
- Grammar
- Originality and Creativity
- Understanding of the Topic
- Usefullness
Participating students should aim to produce original works that demonstrate a thorough understanding of the topic. We won’t accept plagiarized or AI works.
Winners Announcement
Winners will be announced two weeks after the deadlines.
Once 1F Cash Advance identifies the winner, they will have two weeks to record a video interview with impressions of the Scholarship Winning, the participation stages, and the challenges. The video interview must contain mentions about opportunities provided by 1F Cash Advance.
The selected winner must share this interview on their Social Media Profiles (Facebook, Twitter, and Instagram, two platforms may be chosen) with a link to the 1F Cash Advance website.
If the selected winner doesn’t send the video interview and doesn’t respond within 14 days, the offer might be withdrawn or given to another student. The offer can also be withdrawn if the participant submits false or misleading information during the process.
Prize funds will be sent in a single payment, and the winner’s work may be published on this site, along with a short bio on the winner.
1F Cash Advance reserves the right to change the rules as necessary. We’ll inform students about contest changes, so check back regularly for more information.
1F Cash Advance Financial Champions
Meet our winners
Jordan Lee
University of North Carolina at Chapel Hill
Winner 2025
Jordan Lee is a sophomore at the University of North Carolina at Chapel Hill, majoring in data science and minoring in behavioral economics. She’s passionate about the intersection of technology and finance, exploring how artificial intelligence shapes human decision-making. In her free time, Jordan mentors high school students on digital literacy and enjoys creating infographics that simplify complex economic ideas for young audiences.
Read an essay
Samantha Torres
Jefferson High School
Winner 2024
Samantha Torres is a senior at Jefferson High School in Austin, Texas. She plans to major in economics and public policy after graduation. Passionate about civic engagement and financial literacy, Samantha volunteers in local voter registration drives and hopes to one day work in economic policy to help make government decisions more understandable for everyday people.
Read an essay
Chadina Maragh
West Los Angeles Community College
Winner 2023
Chadina made the decision to improve her life and the lives of others after attending the Bronx Mind Builders program and coming to terms with the death of a close friend. Now, Chadina spreads positivity on her Instagram by posting her positive messages of the day and sharing books she read. Her major life goal is to launch a business that provides value to the lives of those who have gone through similar traumatic experiences.
Read an essay
Robert Greenberg
Cornell College
Winner 2022
Robert Greenberg is a freshman at Cornell College. He’s majoring in political science with minors in history and economics. He’s interested in how the public engages with politics and policy, especially at the local level.
Read an essay
Mohan Sharma
University of Bridgeport
Winner 2021
Mohan Sharma is a mechanical engineering student at the University of Bridgeport. He’s originally from India, where he says he got his “spending habits” from—or rather, the lack thereof. Growing up in a poor country has made him more aware of how money works and how it should be spent responsibly.
Read an essay
Adannaya Nkruma Ayodele
California Lutheran University
Winner 2020
Adannaya Ayodele is a student at California Lutheran University. She is majoring in accounting and minoring in finance. Adannaya has a passion for helping people manage their finances, and she hopes to pursue a career in the financial planning field.
Read an essay