5-3-1 Challenge

Submit Your Application

Application is now open.

Deadline 11:59PM on Friday, April 4th

Details

To apply for the JA Experian 5-3-1 Scholarship, students must complete an online application that contains two components: an essay response and a personal statement. Please note, students have the option to submit a written OR video response for both components.

Essay Response

Prompt: What are your 1-year, 3-year, and 5-year goals? How do you plan to achieve your goals for each time frame?

Your goals should be centered around professional and career development or financial objectives. As you state each goal, be sure to provide context as to why you have selected this goal and how it will support your future success. Provide a thoughtful and financially realistic plan on how you will achieve each goal. Written responses have a 500 word maximum and videos have a 3 minute cap.

Personal Statement

The personal statement is a space for you to share experiences, achievements, and aspirations to provide additional context to our scholarship judges on who you are and why you should be selected as a scholarship recipient. Written personal statements have a 300 word maximum and videos have a 2 minute cap.

You are welcome to respond to any of the following prompts for your personal statement:

*Share an experience that has shaped your personal development.

*Share a time you overcame an obstacle & the lesson you learned from the experience.

*Share a time you made an impact in your community.

Scholarship FAQs

WHAT IS THE 5-3-1 CHALLENGE?

JA of Arkansas and Experian are partnering to launch the 5-3-1 Scholarship Challenge to support the continuing education goals of area high school students. This challenge encourages students to contemplate their 1-year, 3-year, and 5-year plans and the steps needed to achieve each goal.

HOW MUCH IS THE SCHOLARSHIP AWARD?

We will be awarding one, $10,000 and one, $5,000 scholarships to current high school students.

Scholarship funds may be used toward university, community college, or trade/vocation schooling expenses, including tuition and course materials. Funds will be sent directly to your school.

WHO IS ELIGIBLE FOR THE SCHOLARSHIP?

This scholarship is open to junior and senior high school students in Arkansas (statewide) currently enrolled and planning to pursue any postsecondary education including trade/vocational schooling, community college, university, etc.

HOW DO I APPLY?

Submit an application that includes an essay and a personal statement. Applicants have the option to submit a written or video response for both application components. Please refer to the ‘Submit Your Application’ section above.

WHEN WILL SCHOARSHIP RECIPIENTS BE NOTIFIED?

Our scholarship panel will review applications after April 4th deadline then scholarship recipients will be notified by April 15th. Students will be awarded their scholarships at our May 6th, Hall of Fame event from 11:30 am ot 1:00pm.

HOW WILL STUDENTS BE ASSESSED?