TFS Making Life Easier Scholarship

Toyota Financial Services (TFS) proudly announces its 2019 Making Life Easier (MLE) Scholarship Program that will award up to $1 million to college-bound students associated with select community partners. Recipients will be selected from all eligible applicants based on financial need and community service. Students can apply for scholarships of up to $20,000 that will be distributed over four years.

This program is administered by Scholarship America®, the nation’s largest designer and manager of scholarship, tuition assistance and other education support programs for corporations, foundations, associations, and individuals. Awards are granted without regard to race, color, creed, religion, sexual orientation, gender, disability, or national origin.

Annual Amount

Award Details:

  • If selected as a recipient, the student will receive an award in the ranging from $1,250 to $5,000
  • Up to 100 awards will be granted each year
  • Awards for undergraduate study may be renewed for up to three additional continuous years or until a bachelor’s degree is earned, whichever occurs first

Additional Selection Criteria

Applicants of the TFS Making Life Easier Scholarship Program award must be:

  • between the ages of 16 and 26 as of the application deadline date and be members, alumni or staff of one of the listed non-profit partners* (volunteers are eligible only if they also meet organization requirements of being members, alumi or staff)
  • high school seniors, graduates, current postsecondary undergraduate, or graduate students
  • have a high school diploma, GED or equivalent degree by September 2020
  • plan to enroll in full-time undergraduate or graduate study at an accredited two- or four-year college, university, professional school or vocational-technical school in the United States for the entire 2020-21 academic year
  • have a minimum cumulative grade point average (GPA) of 2.0 or higher on a 4.0 scale (or its equivalent)
  • be in good standing in the community and at school (i.e. not on disciplinary or academic probation)

Employees, vendors, and business partners of Toyota Financial Services and its parents, subsidiaries, affiliates, promotion and advertising agencies, and members of their immediate family (defined as spouse and parent, children and siblings and their respective spouses, regardless of where they reside) and persons living in the same household, whether or not related, of such employees, are not eligible to apply.

Application Process

For online application, go to:  https://learnmore.scholarsapply.org/toyotafinancial/

As part of your application, you must upload the following documents:

  1. A Partner Verification Form signed by an administrative or leadership representative from the partner organization with which you are affiliated
  2. A current, complete transcript of grades. Grade reports are not accepted. Unofficial or online transcripts must display student name, school name, grades and credit hours for each course and term in which each course was taken
  3. Copy of the 2018 IRS Form 1040 which was used to complete the Financial Information section. Block out all social security numbers. Submit a note of explanation if a 2018 IRS Form 1040 was not filed

Your application is not complete unless all required documents are submitted electronically.

Scholarship recipients are selected on the basis of:

  • financial need
  • community involvement
  • essay responses

Recipients must demonstrate financial need.

Selection of recipients is made by Scholarship America. TFS and partner organizations will review contact information to confirm eligibility and essays to confirm recipients. All applicants agree to accept the decision as final.

Recipients completing their undergraduate degree may renew their awards upon transfer to graduate school as long as enrollment is continuous. Renewal is contingent upon satisfactory academic performance in a full-time course of study and continuation of the program by TFS. Students may receive the award a maximum of four years.

Deadline

October 31, 2019

Notification

end of February 2020

For the application or more information go to:
https://learnmore.scholarsapply.org/toyotafinancial/