Press Releases June 23, 2026 07:00 PM

Oportun Awards College Scholarships to 30 Students as Part of 2026 Oportun Scholarship Program

Oportun awards scholarships to 30 students, supporting education and financial wellness through its 2026 Scholarship Program.

By Ajmal Hussain
Share
Twitter Reddit Facebook LinkedIn
OPRT

Oportun, a Nasdaq-listed financial services company, awarded college scholarships to 30 students from California and Florida as part of its 2026 Scholarship Program. The program supports academically strong, financially needy students, particularly those pursuing non-medical STEM or finance-related majors. Recipients also receive access to Oportun’s Set and Save app and savings matching up to $500 to help build savings habits. Since 2023, the program has awarded 86 scholarships, reinforcing Oportun’s commitment to financial mobility and education.

Oportun Awards College Scholarships to 30 Students as Part of 2026 Oportun Scholarship Program
OPRT
Summarize with
ChatGPT Perplexity Claude Grok Gemini

Key Points

  • Oportun awarded scholarships to 30 students in 2026, focusing on financial need, academics, leadership, and community impact.
  • Scholarship recipients receive four years of free access to Oportun’s Set and Save app and up to $500 matched savings assistance.
  • The program prioritizes students studying non-medical STEM or finance-related majors, promoting education and financial wellness.

SAN MATEO, Calif., June 23, 2026 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven financial services company, today announced that 30 students from California and Florida have been awarded scholarships to attend college as part of its 2026 Oportun Scholarship Program. The program recognizes students who have demonstrated academic achievement, leadership, resilience, and a commitment to making a positive impact in their communities.

As a company dedicated to expanding access and opportunity, Oportun believes education remains one of the most powerful pathways to financial mobility. Through its scholarship program, Oportun supports students who are working hard to achieve their goals and build a better future.

In addition to the scholarship award, each recipient will receive four years of complimentary access to Oportun’s Set and Save™ app, a tool designed to help members build consistent savings habits. To further support their financial journey, Oportun will also match their savings up to $500.

“Congratulations to this year’s class of Oportun scholars,” said Ezra Garrett, SVP Public Affairs & Impact at Oportun. “These 30 remarkable students have worked hard to overcome challenges and pursue their dreams. We are proud to support them in this next step on their educational journeys.”

The Oportun Scholarship Program is a need-based initiative dedicated to helping students pursue their college goals. Since its inception in 2023, it has awarded 86 scholars to date. It is open to students pursuing full-time undergraduate education at accredited colleges, universities, or vocational-technical schools. Applicants must be high school seniors, recent graduates, or current undergraduates who demonstrate financial need and show strong academic performance, leadership, and community involvement.

Preference is given to students studying non-medical STEM or finance-related majors. As part of the application, students are required to submit an essay on the value of education and their approach to financial wellness, along with a recommendation.

The Oportun Scholarship program is scheduled to open for 2027 applications after January 1st, 2027. The program is administered in partnership with Scholarship America.

About Oportun
Oportun (Nasdaq: OPRT) is a mission-driven financial services company that puts its members' financial goals within reach. With intelligent borrowing, savings, and budgeting capabilities, Oportun empowers members with the confidence to build a better financial future. Since inception, Oportun has provided more than $22.2 billion in responsible and affordable credit, saved its members more than $2.5 billion in interest and fees, and helped its members save an average of more than $1,800 annually. For more information, visit Oportun.com.


Risks

  • The impact on Oportun’s financials from providing scholarships and savings matches may affect near-term profitability in the financial services sector.
  • The program’s effectiveness depends on ongoing funding and continued uptake, which carries uncertainty and potential reputational risk if scaled poorly.
  • Targeting non-medical STEM and finance majors may limit applicant pool and future program reach, influencing educational sector partnerships.

More from Press Releases

UPDATE - General Fusion Achieves Compressional Plasma Heating with LM26 Magnetized Target Fusion Machine Jun 23, 2026 Five Star Bancorp to open full-service branch in Lodi to serve Central Valley entrepreneurs and agribusinesses Jun 23, 2026 Li Auto Inc. Launches the All-New Li L8, a Five-Seat Flagship SUV Jun 23, 2026 Algoma Steel Group Inc. Announces Results of Voting at Annual Meeting of Shareholders Jun 23, 2026 Equinox Gold Announces Filing and Mailing of Meeting Materials for the Special Meeting of Shareholders to Approve Business Combination with Orla Mining Jun 23, 2026