Over the years the American Savings Foundation has awarded over $17.5 million in scholarships to help over 3,500 students achieve the dream of a college education. We hope that even after you graduate, you will continue to keep in touch with us!
Application Opens: May 1, 2026
Current Scholars are eligible to reapply through the online Renewal Application, which are reviewed on a rolling basis. Students can reapply for up to five academic years, however renewals are not automatic.
You should apply through the Renewal Application if you:
Required Documents:
If you faced academic challenges and your cumulative GPA has fallen below the 2.0 threshold for this award, please submit your renewal application and reach out directly to Heather Hokunson to discuss your progress.
Fall Deadline: September 30, 2026
Spring Deadline: March 1, 2027
Most scholarships are paid out in two installments, half in the fall and half in the spring. It is your responsibility to supply the necessary documents to receive your payments. All required documents must be uploaded through our online Scholarship Portal. You will receive an email with instructions on how to submit the required information for each semester. Screenshots from your school website, or unofficial transcripts, are accepted.
Fall Semester Payments
Spring Semester Payments
If you have any questions about your GPA or enrollment please call Heather Hokunson at (860) 612-4291. If the Foundation does not receive confirmation of your continued enrollment by March 1, the second installment of your scholarship may be withdrawn.
To support the health and well-being of our Scholars, we have arranged a partnership with BetterHelp to provide up to 8 sessions of free therapy for our current Scholars. Students who create their BetterHelp account will also have access to journaling, goal tracking, groups, and classes! All those resources will be free and can be used as soon as you create your account, even if you do not want to participate in 1:1 therapy.
BetterHelp is the leading online therapy platform with over 32,000 therapists across the U.S., services in 50+ languages, and support in over 200 countries. You will be able to work with a therapist that is specifically assigned to you based on your individual needs, preferences, and location. You can communicate with your therapist via phone, video and live chat, plus you can message your therapist whenever you’d like.
After completing your Scholarship Agreement, you will be receive an email invitation from contact@betterhelp.com. This email contains the link to get started or you can click here to go directly to the site.
If you are in a crisis or another person person may be in danger do not use this site. These resources can provide you with immediate help.
Below are some FAQ’s about this new benefit. You can contact Heather Hokunson if you have additional questions or to request additional sessions.
Yes! Once you set up your account, you will have access to journaling, goal tracking, groups, and classes. All those resources will be free and can be used as soon as you create your account. You can then begin 1:1 therapy when you feel it is needed.
No. American Savings Foundation will not know who is receiving therapy. They won't have access to your personal data unless you contact them to let them know or provide authorization for them to get this access.
Therapists on BetterHelp are licensed, trained, experienced, and accredited psychologists (PhD / PsyD), marriage and family therapists (LMFT), clinical social workers (LCSW / LMSW), or licensed professional counselors (LPC). All of them have a Masters Degree or a Doctorate Degree in their field. They have been qualified and certified by their state's professional board after successfully completing the necessary education, exams, training and practice. While their experience, expertise and background vary, they all possess at least 3 years and 1,000 hours of hands-on experience.
A small number of graduate school scholarships are awarded only to past ASF Scholars. Applications are accepted from students pursuing a graduate degree in education, social work, human services, or a related field. Priority is given to students who are attending graduate school within the state of Connecticut.
Scholars must submit an online Graduate School Application by June 15, 2027 to be considered for a 2027-2028 academic year award.
Required Documents:
If you will have a delay with one of the documents listed, contact Heather Hokunson at hhokunson@asfdn.org.
The application will open on April 15, 2027 to apply
American Savings Foundation strives to be accessible to anyone seeking information about grants, scholarships, or with general questions. Check out our frequently asked questions, or contact us today to get the assistance you need.