Imagine what you could do…
RSL Funding, LLC is offering one lucky student a chance to win up to $5000 for school tuition during 2019. You can win RSL Funding’s $5000 Imagine Scholarship by detailing a sound financial and investment plan you’d utilize if you were awarded a structured settlement. Complete the steps listed below for your chance to win.
1. Draft an Essay
Imagine what you could do… You’ve won a lawsuit, and have been awarded a structured settlement which pays you $2,500/month for 30 years. You’re also $50,000 in debt. In 750 – 1500 words, please explain what you’d do with your cash and why. In your essay, answer the following questions using critical thinking:
- Would you sell your future structured settlement payments to a company such as RSL Funding, in exchange for a discounted lump sum, or would you rather collect your monthly payments over 30 years? Why would you choose one method over the other?
- How would you manage your wealth effectively? Provide examples.
- What investment strategy would you implement to help meet current and future financial goals such as buying a house, going to school, paying off debt, etc.?
- Finally, what advice would you give others to help them achieve their financial goals?
Flex your creative and financial muscles and be sure to be thorough in your responses! The more details you provide, the better.
How RSL Funding Will Score the Essay
Our judges will grade entries using on the following criteria:
- Demonstration of Effective Financial Management – Are your financial and investment strategies sound? Have you provided clear examples of effective money management?
- Spelling and Grammar – Were there any mistakes?
- Creativity – What makes the way you’ve chosen to spend your money unique or notable?
- Thoroughness – Did you fully explain why you would spend your money in the way you’ve chosen?
- Organization – Is the essay clear, organized, and easy to read?
2. Draft a Short Bio
In addition to your essay, please write a short paragraph about yourself. Please include your intended major, your interests, or any other interesting facts. This bio does NOT count toward the 750-1500-word count required for the essay, nor will it be scored.
3. Finally, Upload Your Bio and Essay
Fill out the form with your contact info, essay, and bio by 12/31/2018. It’s that simple! Form can be found HERE!
4. We’ll Notify the Winner
Once the submission period has ended, our judges will review each essay and select ONE winner no later than 1/31/2019. The winner will be emailed and/or called to be notified on or around that date. We’ll need the winner to send us proof of enrollment at this time (please see Terms and Conditions below) and a personal photo. Thereafter, we’ll share the good news on social media!
5. We’ll Send up to $5000 to Your School
Once we notify the winner, we’ll send a certified check for $5000 to the winner’s school to be used towards the winner’s tuition.
Eligibility Requirements
- Must be a US Citizen or permanent resident
- Must be currently enrolled or in the enrollment process at an accredited university, college, or trade school within the United States
- Limited to one (1) entry per person
- RSL Funding’s employees and contractors and their immediate families are NOT eligible for entry