Portsmouth Student Awarded $1,000 Scholarships From BankNewport

PORTSMOUTH, RI — Two Newport high schoolers were awarded $1,000 scholarships from BankNewport. The funding is part of the company's BNWise financial education program, which helps students build personal finance skills.

Dylan Pires, a student at Portsmouth High School, was one of the four statewide winners.

"We’ve learned many lessons during the pandemic, but realizing the significance of financial literacy and the impact that knowledge has on most facets of our lives is among the most important," said Wendy Kagana spokesperson for the company. "At BankNewport, we believe it’s our responsibility to provide the guidance, support, education and tools that these young adults need to begin planning for the future and to make smart choices in the present. These four scholarship recipients have each proven to be responsible members of the community and have demonstrated their desire to reach their financial goals through hard work and determination."

According to the company, more than 1,450 students from 25 schools took part in classes through the NWise Financial Education program.

"Whether students choose to enter the workforce or pursue formal education after high school, BankNewport seeks to empower them to be confident in their financial choices and achieve success as future employees, parents, and members of the community," the company said.