San Mateo, Calif. (PRWEB) February 12, 2009
Freedom Financial Network LLC (FFN), and Glow Foundation have launched a partnership to help high-potential, under-resourced high school students in the Bay Area bridge the gap to college education.
This year, FFN will fund two scholarships of $5,000 each, and will provide $25,000 to help build a Web-based financial education program for college-bound high school students.
In addition, the partnership will include an employee volunteer component, in which FFN employees will serve as mentors for students participating in Glow programs. Mentors will help students develop a personal financial budget for their first year in college and will take part in the scholarship evaluation process.
The Freedom Financial Network-Glow Foundation partnership speaks directly to some of the greatest needs in today's society, says Andrew Housser, co-founder and co-CEO of FFN, which provides debt resolution services and personal finance resources through debt and tax relief programs offered by its Freedom Debt Relief and Freedom Tax Relief subsidiaries. "As the economy declines and recession takes hold, the importance of both education and financial literacy is clearer than ever. The chance to offer students financial education and monetary assistance is a rare, but critically important, one."
"Freedom Financial Network's commitment to weaving together financial assistance, mentoring and the kind of online financial literacy education young adults need today speaks directly to our mission," confirms Joohee Rand, executive director of Glow. "This type of multi-pronged concerted effort can make a significant impact on individuals' lives and on our economy. We look forward to a long-term partnership with Freedom Financial Network."
About Glow Foundation (http://www.glowfoundation.org)
The Glow Foundation provides financial education, mentoring, and scholarships to high-potential, college-ready students from under-resourced communities. In addition to helping low-income students gain access to college education, Glow provides students with the critical financial literacy and planning skills that will help them succeed beyond their schools years.
Since its 2006 founding, the San Francisco-based non-profit organization has served more than 350 students through its financial education program and has awarded scholarships to more than 40 students. Currently, more than 200 students from 14 schools and youth programs throughout the Bay Area are participating in Glow's financial education program. Eighty percent of the organization's students are the first in their families to attend college.
About Freedom Financial Network (http://www.freedomfinancialnetwork.com)
Freedom Financial Network, LLC, provides consumer debt resolution services with its Freedom Debt Relief and Freedom Tax Relief subsidiaries, served through its free consumer finance portal, Bills.com. Working for the consumer to negotiate with creditors and lower principal balances due, the company has served more than 50,000 clients since 2002. In the last month alone, Freedom Financial resolved more than 4,000 cases for its clients, representing total debt balances in excess of $20 million.
Based in San Mateo, Calif., Freedom Financial Network also operates offices in Sacramento and Tempe, Ariz. The company, with more than 500 employees, was voted one of the best places to work in both the San Francisco Bay Area and the Phoenix area in 2008. Company co-founders and co-CEOs Andrew Housser and Brad Stroh were named to the Silicon Valley/San Jose Business Journal's "40 Under 40" list in 2008, and are recipients of the Northern California Ernst & Young 2008 Entrepreneur of the Year Award.