The Future of Banking

Submission Deadline

November 20 at midnight

$3,000

Share your idea for a product/service to help low-income neighborhood residents with their finances.

What to Submit
  • Upload a 2-3 minute video describing your idea.
Eligibility
To apply, you must:
  • Be an undergraduate student enrolled at a college in Massachusetts
  • Be financial aid eligible, meaning you receive some form of financial aid from the government or your school
Detailed Description

Santander Bank has an amazing commitment to support higher education. Since 1996, they've invested over $1.3B through their "Santander Universities" initiative (see more here)! 


Santander is now joining ScholarJet in our action-based approach to scholarships and wants to hear your ideas about the future of banking.


The competition is to share your idea for a product/service to help low-income neighborhood residents with their finances. We encourage you to do research around the issues surrounding finances for low-income communities to make sure you're creating something that's relevant.


Top applicants will have the chance to have their work further publicized!

Rubric
Relevancy
How relevant is the submission to helping residents of low-income communities?
Innovation
How unique/new is the product or service in terms of banking?
Quality
How is the overall quality of the submission? Is the information accurate and clearly communicated?
Impact
How much of a real, positive difference could this product/service make in people's lives?
Skills Practiced
  • Financial literacy
  • Communication skills
  • Entrepreneurship
Resources

Check out Santander's blog for inspiration.

Reach out to support@scholarjet.com for any questions regarding how to submit, clarity on the competition details, or any questions you might have.

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