Scholarships and Fellowships

SuperMoney’s 2021 Winter Financial Literacy Scholarship Winner

We are excited to announce the winner of SuperMoney’s Winter 2021 Financial Literacy Scholarship!

Financial wellness for everyday Americans.

That is SuperMoney’s ultimate goal. SuperMoney’s Financial Literacy Scholarship seeks to celebrate students who share our same mission. Our scholarship program awards $1,000 twice a year to a student who wants to help Americans improve their financial wellness through continued education.

We asked participants to write an essay about what financial topic motivates them to help the average American improve their financial health. We wanted to know what made them passionate about the issue, and how they plan to use their education to help Americans improve their financial well-being.

Meet Our Winner

The Winter Scholarship Award of 2021 goes to…

Amanda David

My name is Amanda David and I am currently majoring in Music Therapy at Shenandoah University. I hope to one day work with clients in either a rehabilitative setting, those who are/were military, or in the NICU. While not a student in the School of Business, I strive to become more financially-literate to motivate and educate others on finance topics. There is much confusion and “secrecy” shrouded around the idea of finance, which I would like to combat – even if it is one person at a time.

Amanda’s Winning Essay

While furthering education is the norm in the United States, many lack the financial literacy revolving around how credit works as well as how student loans work. The lack of transparency is frightening, which is why I strive to use my experiences and education in college to help other students like me become more financially aware and more financially literate. Many Americans end up taking out student loans yet have no clue how they truly work or what interest is.

I spent much of my own free time in high school researching and asking my counselor questions to become more aware of what I will inevitably walk into while trying to earn a bachelor’s degree. As I explained to my peers what I believed to be the best approach to paying student loans I would often be asked to backtrack to explain a topic more clearly. This response could be an array of the differences between unsubsidized and subsidized loans, fixed or varied interest rates, or even what a credit card was. With many of my close friends being unaware, I felt it was my duty to become aware to effectively inform them so they make the best financial choices for their own situation.

In my current residence hall, the confusion regarding finances is still obvious. Even my own roommate was clueless and was amazed whenever I decided on any financial decisions such as opening another bank account or finally opening a credit card. While my major is not in business or finance, I am now taking the opportunity to take a class during winter break on personal finances in hopes to educate my peers as time allows. Many are not willing to spend their winter break taking a class but with a lack of emphasis on personal finances in many public school systems across the United States, I believe it is imperative to take the opportunity to take this personal finance class whenever a student’s college schedule allows. Yes, it makes a break not a true break, but continuing education is not something many pursue for their lifetime. Financing does. No one gets away from dealing with finances as that is an everyday occurrence for most Americans as many of us strive to have “the American Dream.” Work a 9-5 career, have the weekends off to explore, and have time for family and loved ones, as well as any necessary chores.

To do any part of the American Dream comfortably having a stable financial situation is imperative. As I complete my course on personal finances, I plan to be more open in conversation about finances. Many are uncomfortable talking finances through the ability to make someone more financially literate is an opportunity I want to seize each time. Spreading my knowledge to my roommate, to friends applying to colleges in 2021, to the other students in my residence hall, or to anyone to listen to is a feat. A feat I am willing to pursue if it means more Americans will be able to improve their financial health in any small way.