Operation HOPE Launches New Scholarship Initiative

HOPE Scholarships Offer New Way for Operation HOPE Clients to Access up to $10,000 Worth of Financial Coaching Services at No-Cost through the Support of HOPE’s Partners, Members and Donors

ATLANTA--(BUSINESS WIRE)--Operation HOPE, a national nonprofit dedicated to helping low-and moderate-income Americans thrive in an ever-changing economy, announced today that it has launched HOPE Scholarships, a new way for Operation HOPE’s clients to access HOPE’s award-winning, no-cost financial coaching and educational resources and for partners, members and donors to support HOPE’s services to underserved communities.

While financial coaching rates can range between $100 and $300 per hour on average, Operation HOPE is committed to providing best-in-class financial coaching services at no cost to its clients. This is possible though the generous support of HOPE’s partners, members and donors. Now, HOPE clients can get access to HOPE’s financial coaching services and HOPE partners, members and donors can support HOPE’s efforts through three scholarship levels:

• HOPE Lite ($1K value): Clients receive an introductory session with a financial wellbeing coach, access to base LMS courses, credit report review & consultation, HOPE Financial Wellness Index review & consultation and more
• HOPE Classic ($5K value): Clients receive all the benefits of HOPE Lite plus access to the Operation HOPE knowledge base, 3 one-on-one coaching sessions, two credit reports, access to two Credit & Money Management virtual workshops and more
• HOPE Silver ($10K value): Clients receive all the benefits of HOPE Lite and HOPE Classic plus assignment to a dedicated financial wellbeing coach, access to 5 one-hour workshops, access to 8 one-hour homeownership workshops, quarterly credit reports for 12 months, individualized action plans & budgets and more

“HOPE Scholarships offer our partners, members and donors the ability to direct contributions to individual communities and entities at an investment level that is right for them, while offering our clients the ability to continue to access HOPE’s award-winning financial wellness programs and services at no-cost,” said Brian Betts, President and Chief Financial Officer at Operation HOPE. “This new initiative further illuminates the monetary value of the services to our clients, which can add up to as much as $10,000 in value, and how the support of our partners, members and donors helps to level the economic playing field and make critical financial tools and coaching accessible to all.”

The launch of HOPE Scholarships coincides with the upcoming annual meeting of the HOPE Global Forums from December 9-11 in Atlanta, which brings together thousands of Operation HOPE’s corporate partners, donors and members and gives them the opportunity to see first-hand the impact of their scholarship investments through client testimonials and success stories. The HOPE Global Forums is also a venue for gathering hundreds of new commitments to support HOPE programs that serve millions of youth and adults around the world.

For individuals interested in accessing a HOPE Scholarship to begin their financial wellness journey, click here.

For organizations or individuals interested in funding a HOPE Scholarship to support Operation HOPE’s financial wellness mission, click here.

About Operation HOPE, Inc.
Since 1992, Operation HOPE has been moving America from civil rights to "silver rights" with the mission of making free enterprise and capitalism work for the underserved—disrupting poverty for millions of low and moderate-income youth and adults across the nation. Through its community uplift model, HOPE Inside, which received the 2016 Innovator of the Year recognition by American Banker magazine, Operation HOPE has served more than 4 million individuals and directed more than $3.2 billion in economic activity into disenfranchised communities—turning check-cashing customers into banking customers, renters into homeowners, small business dreamers into small business owners, minimum wage workers into living wage consumers, and uncertain disaster victims into financially empowered disaster survivors. For more information: OperationHOPE.org. Follow the HOPE conversation on Twitter, Facebook, Instagram or LinkedIn.