New Applicants

American Savings Foundation Scholarships are awarded primarily based on financial need and the potential impact of a scholarship award. Consideration is also given to academic record, community involvement, and other indications of a strong desire to achieve goals through education. Awards are renewable for up to 5 academic years. 

See Eligibility Requirements

Eligibility Requirements

American Savings Foundation Scholarships are awarded primarily based on financial need and the potential impact of a scholarship award. Consideration is also given to academic record, community involvement, and other indications of a strong desire to achieve goals through education. Awards are renewable for up to 5 academic years. 

You should apply for an American Savings Foundation Scholarship if:

  • You are a current high school senior, current college student, or a nontraditional adult student.
  • Next year, you plan to attend a community college, 4-year college or university, or a technical/ vocational program in the U.S.
  • You are a United States citizen or a non-U.S. citizen who is able to apply for federal student aid; or you have been granted Deferred Action for Childhood Arrivals (DACA) status, as evidenced by a valid Employment Authorization Card.
  • You live in any one of the 64 Connecticut towns served by the American Savings Foundation.
  • You have not already completed a Bachelor's degree.
  • You have financial need.

Children, Grandchildren, and other related family members of American Savings Foundation board of directors and officers are not eligible to apply for or receive a scholarship from the American Savings Foundation. Please contact the Foundation office if you have any questions.

See Scholarship FAQs      

How to Apply

Dates & Deadlines

Opens:  February 1, 2024
Due date: March 31, 2024

We are currently accepting new applications for the 2024-2025 academic year. As part of the application process, we will require the following documents with your online application: 

  • 2024-2025 FAFSA Submission Email - this is the email you receive from the US Department of Education once your FAFSA has been submitted. You are required to file the FAFSA to apply for our scholarship.
  • Transcript
  • 1 Letter of Recommendation

 Log into the Scholarship Portal

Who are our 2023 Scholars?

71% of our recipients were first generation college students -
meaning neither parent has received a bachelor's degree

Over 80% of our first-year freshmen Scholars earned their bachelor’s
degree within 5 years – this is higher than the state average

94% of our recipients had an EFC under $10,000
*EFC is comparable to the SAI on the 2024-2025 FAFSA

91% of our Scholars are attending 4-year colleges or universities
9% of our Scholars are attending 2-year college or technical school

Robert T. Kenney Community Service Award

Each year one high school senior from New Britain and one high school senior from Waterbury are selected to receive the Robert T. Kenney Community Service Award, named after our founding chairman. Recipients are selected based on an exceptional record of community service which has made a significant impact in their communities, which should be detailed within the New Scholarship Application. Examples may include, but are not limited to: volunteer hours at a local hospital, park, senior center, working on a specific cause or issue, or becoming a mentor for younger participants at a local youth agency.   
 
The recipients of the Robert T. Kenney Community Service Award will have their scholarship increased to up to $5,000 for their freshman year, depending on need. Like all our scholars, recipients will be eligible to re-apply for the American Savings Foundation Scholarship for their remaining years of college.

Have questions?

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.

Contact Us Today SCHOLARSHIP FAQS