Opening Pathways to Financial Progress Through the Chime Scholars Foundation

At Chime, our mission is to unlock financial progress for everyday people — not only through our products, but through lasting community impact. As proud members of Pledge 1%, we’ve committed 1% of Chime’s equity to fund the Chime Scholars Foundation (CSF). CSF was founded to help students ease financial burdens, boost graduation rates, and open doors to higher-paying career opportunities. 

This year, we welcomed our largest Chime Scholars cohort to date: 800 students across 369 institutions, receiving over $3 million in scholarships. Sixty-four percent of these scholars are pursuing nontraditional programs — from trade certifications to community college degrees — and 65% are the first in their families to attend college. Since its launch in 2022, CSF has provided $7 million in scholarships to more than 1,000 students, with an 87% projected graduation rate — nearly double that of Federal Pell Grant recipients.

Through the Chime Scholars Foundation, our 1% pledge is transforming ambition into opportunity — and helping students nationwide open pathways to financial progress. As one scholar shared, “Receiving the Chime Scholarship not only supports me financially but also validates my journey of perseverance and reinvention.”

We’re proud to continue to provide scholarships and help the next generation of hardworking students build brighter futures for themselves, their families, and their communities.