About the Scholarship

Catholic Financial Life College Scholarship is licensed by Catholic Financial Life. The organization was started in the year 1868, CFL is a  community-based, not-for-profit financial services provider. Established by a group of Catholics searching for a way to help and support one another in times of need.

The Catholic Financial Life College Scholarship is available to full - time students. You must be a financial member of Catholic Financial Life for a minimum of one year before applying for this award. 


What are the procedures while applying for this scholarship grant?

  • The students applying for this scholarship must have been completed their Free Application for Federal Student Aid (FAFSA) application to receive this award.

  • Students must demonstrate financial need.


Catholic Financial Life College Scholarship award amounts to

  • This scholarship award ranges from $500 to $1000 each year and the awards are non-renewable.

  • The number of awards offered by this scholarship varies depending on the availability of funds.


Deadline info

The applications are to be submitted by the end of March 31, 2020. Students are informed to submit their scholarship application and other requirements are to be submitted before the due date. Applications and other information are available online on the Catholic Financial Life website.


Eligibility Criteria

  • The applicant must have been a Catholic Financial Life financial member for at least one year before the application.

  • The applicant must be primarily insured on life insurance certificate or on a spousal rider, or an annuitant.

  • The applicant should be of age 23 or younger.

  • The applicant must have performed at least for ten service hours with Catholic Financial Life chapter, Society of St. Vincent de Paul, or any other non-profit organization.