✨ Should I Apply for Robinhood Foundation Scholarship (NYC Education Grants)?
Instant AI-powered application intelligence
🌍 Overview
💰
Award Amount
$1,000 - $5,000
⏱
Duration
1 to 4 years (depending on the specific program path)
🗓
Deadline
Varies by partner organization (CUNY deadlines usually apply)
🔬
Fields
All Fields (with a focus on Finance, Tech, and Social Sciences)
🏆
Awards/Year
Varies (thousands reached through funded programs)
🌏
Study Country
United States
🏛️
Provider
Robinhood Foundation
📊
Acceptance
Varies by partner institution
The Robinhood Foundation is New York City’s largest poverty-fighting organization. Rather than a single direct scholarship, they fund a network of programs (like CUNY ASAP and ACE) that provide direct financial support, tuition assistance, and wrap-around services to students. Their goal is to improve the graduation rates of low-income students and facilitate upward economic mobility.
👥 Who Should Apply
Targets low-income New Yorkers enrolled in community colleges or vocational training programs who are seeking to break the cycle of poverty.
🏛️ Host University
City University of New York (CUNY) and various NYC partner institutions
🔬 Fields of Study
All Fields (with a focus on Finance, Tech, and Social Sciences)
✨ Key Benefits
The foundation primarily provides funding through partner organizations to cover tuition gaps, textbooks, and emergency financial needs for low-income students in New York City.
🎯 Target Students
Low-income, first-generation, and marginalized New York City students.
🏷 Tags
NYC
CUNY
Low-income
Undergraduate
Financial Need
Vocational
💸 Funding Breakdown
Living Stipend
Varies (Provided as emergency grants or stipends via partners)
Total Award
$1,000 - $5,000
✈️ Travel: Varies (MetroCards often provided through CUNY ASAP partnership)
🏠 Accommodation: No
💊 Health Insurance: No
🔄 Renewable: Yes
💳 App Fee: Free
🎓 Tuition Coverage
Partial
🏠 Living Stipend
Varies (Provided as emergency grants or stipends via partners)
✈️ Travel Allowance
Varies (MetroCards often provided through CUNY ASAP partnership)
🎁 Other Benefits
Access to Single Stop services, financial counseling, legal aid, and career mentorship.
📋 Renewal Conditions
Maintenance of a minimum GPA (usually 2.0 or 2.5) and continued enrollment in a partner program.
✅ Eligibility Requirements
🌍 Eligible Nationalities
Must be a resident of New York City, demonstrate significant financial need, and be enrolled in a supported program such as CUNY ASAP or ACE.
🎓 Academic Level
Undergraduate, Associate, and Vocational
🗣️ English Requirement
None (Must meet university admission standards)
💼 Work Experience
Not required
🎯 Target Students
Low-income, first-generation, and marginalized New York City students.
📝 Application Requirements
Essay / SOP
Varies (Usually required for specific leadership or excellence awards)
Interview
Varies (Often required for the Excellence in Education awards)
Documents Required
- Academic Transcripts
- Passport / National ID
- Varies Recommendation Letters
- CV / Resume
- None (Must meet university admission standards)
- Interview: Varies (Often required for the Excellence in Education awards)
- Min GPA: 2.0
📋 Application Process
Focus your application on how education will help you achieve long-term economic mobility and how you intend to contribute to the NYC community.
💡 Insider Tip: Ensure you are enrolled in CUNY programs like ASAP (Accelerated Study in Associate Programs) as the Robinhood Foundation is a major donor to these specific pathways.