FAQ: Ally Financial Law Scholars Program
1. Who is eligible to apply for the Ally Financial Law Scholars Program?
African American and Black scholars pursuing a career in law. The applicant must be a rising senior planning to attend law school upon receiving an undergraduate degree; and graduating seniors entering law school upon receiving an undergraduate degree.
2. What is the monetary award for selected recipient?
The multi-year award amount of $20,000 will be continuously awarded for up to 4 years reliant on maintaining eligibility requirements.
3. How is the Ally Financial Law Scholars Program award disbursed?
The Ally Financial Law Scholars Program award is disbursed once for the academic year directly to the academic institution of attendance. The disbursement made each fall is contingent upon maintaining eligibility during the award period.
4. To apply for the Ally Financial Law Scholars Program do I have to be a constituent of a Congressional Black Caucus Member’s district?
No. The Ally Financial Law Scholars Program scholarship is open to all applicants who are rising and graduating seniors planning to attend law school after receiving their undergraduate degree. Please review eligibility requirements prior to applying.
5. How do I renew my Ally Financial Law Scholars Program scholarship?
The Ally Financial Law Scholars Program recipients renew their award once per academic year. The renewal is submitted at the completion of the spring semester. In the renewal process the recipient is required to provide eligibility materials and a report documenting progress for each semester.
6. Are there additional requirements for selected recipients?
Yes. The selected recipient will be matched with a mentor via Ally Financial. The mentor will support the recipient through their law school journey. Ally Financial will also provide professional development sessions for the recipient to attend.