The American Red Cross is announcing the chance for young people to receive a $5,000 scholarship for attempting to donate blood. The offer to students between the ages of 16 and 21 is from now until September 3rd at Red Cross blood drivers and donor centers.

In addition, students at area high schools participating in the Red Cross Youth Leadership program can earn money for college by helping coordinate and organize Red Cross blood drives this summer. Student blood coordinators have the opportunity to earn letters of recommendation from Red Cross Senior Management. The letters can be used for college applications, internships, and employment opportunities. Student blood drive coordinators also have an opportunity to win a $3,000 scholarship.

People must be at least 17 years old to donate unless they have a signed parental consent form allowing them to give blood at age 16.

High school and college students account for nearly 20 percent of all blood donations. The Red Cross says it typically experiences a decline in donations during the summer months, so it is encouraging eligible donors of all ages to keep supplies stable.