First Aid Beauty Announces Winners of Fab Aid Student Debt Relief

First Aid Beauty has announced 25 inspiring new winners of its Fab Aid student debt relief initiative, coincidentally on National Stress Awareness Day.

The new winners add to the five previously selected winners from Round 1 earlier this year. 

 

First Aid Beauty launched the initiative in February 2020 to assist recent college graduates from the overwhelming weight of student loans. Applicants fill out an entry form and submit videos sharing their student loan stories for a chance to win up to $100,000 toward their individual undergraduate student loans. To date, Fab Aid has provided student debt relief to 49 winners, awarding $2.8 million in the first two years of the program.

 

After awarding $1.3 million to 24 winners a year ago, First Aid Beauty expanded the program in both eligibility and financial contribution with a goal of paying off $1.5 million in student loans this year. The 2021 contest afforded a 10-year eligibility period for graduates of two-year and four-year undergraduate programs, as well as trade institutions. As part of the program, First Aid Beauty awarded up to $100,000 for each winner.

 

“We are thrilled to offer these inspiring individuals the opportunity to pursue their dreams without the burden of student debt,” said First Aid Beauty chief marketing officer Kerry Eagan. “We launched Fab Aid last year with a desire to make an impact at the individual level, and it's been incredible to see how Fab Aid has changed lives and had a ripple effect on the winners' families and communities. We can't wait to follow along on the journeys of these 30 deserving winners.”

 

The private Zoom winner announcement event, hosted by First Aid Beauty Founder Lilli Gordon, featured appearances from past winners, who shared how winning Fab Aid has affected their personal and professional lives and, most importantly, their mental health. “It is so crazy how my life has changed since Fab Aid,” said 2020 winner Bianca. “I was working two jobs for over 50 hours a week because I felt guilty for anything I would buy for myself. To win Fab Aid was honestly life-changing. It was priceless. Getting rid of that burden was something I never imagined I could do.”

 

After hearing from previous Fab Aid recipients, the finalists invited to the virtual event were surprised to learn that they had all won Fab Aid and would be having their loans paid off.

 

“Y'all are changing lives,” said Kervins C. of Greensboro, NC, a family counselor whose experience as an immigrant and Black male have shaped his passions and his career choices. “We have heard so many great stories about how loans are impacting people, but as a mental health provider, not only having to deal with it myself, but seeing others go through that struggle. I think sometimes people are gracious and they give your money out, but you don't understand the generations you are changing and my future kids not having to live in debt.”

 

First Aid Beauty will continue the Fab Aid program in 2022. The program will be open to residents of the US and Canada (excluding Quebec) who have graduated or will graduate from an accredited undergraduate program (4-year, 2-year, community college, cosmetology/trade school) by June 30, 2021. Unlike previous years, there will be no age limit – anyone with undergraduate loans is eligible. Official contest rules and dates will be provided in early 2022 on fabaid.com.