The LIFE Foundation is seeking submissions for its 7th annual LIFE Lessons Scholarship Program.

LIFE will award $105,000 in scholarships to students who submit a winning 500-word essay or 3-minute video describing how the death of a parent or guardian has impacted their lives, both financially and emotionally. The foundation will award a total of 59 scholarships — 49 in the essay category and nine in the video category. Individual scholarship amounts will range from $1,000 to $10,000.

“Paying for college is a major financial challenge for most families, but it becomes infinitely more difficult for young people when they lose a parent at an early age,” said Marvin Feldman, CLU, ChFC, president and CEO of the LIFE Foundation. “Through the LIFE Lessons Scholarship Program, we’re able to help deserving young people in these difficult situations fulfill their dream of higher education and realize their full potential.”

The scholarship program is open to those between the ages of 17 and 24 who have experienced the death of a parent or legal guardian and are currently enrolled in or have been accepted to a college, university or trade school. All submissions are due by March 14.

Visit www.lifehappens.org/scholarship for more information.