LendEDU Scholarship Fall 2017 – Deadline October 15th, 2017
About Our Scholarship
College is expensive. The rising costs of higher education has made it difficult for college students and families to afford an education. At LendEDU, we help students find financial aid, scholarships, and student loans. While our primary business is student loans, we try to help all of our students find other sources of funding before using student loan debt. Unlike student loans, scholarship awards do not need to be paid back. Scholarships are free money and can go a long way when used correctly.
We are excited to offer our very own scholarship this upcoming Fall. The LendEDU Scholarship is a $1,000 scholarship award. Our scholarship can be used to cover any and all costs related to your education. The LendEDU Scholarship can be used to cover tuition, textbooks, room and board, and even living expenses. The LendEDU Scholarship will be awarded to 2 students this Spring.
Who is Eligible?
The LendEDU Scholarship is available for high school seniors and current college students.
Please see the eligibility criteria below:
- Must be a current high school senior or a full-time college student
- Must be a U.S. Citizen
- Must be earning a minimum 2.5 GPA in high school or college
How to Apply
At LendEDU, we stress the importance of using financial aid and scholarships before student loans. To apply for the LendEDU Scholarship, you must answer this simple question in 750 words or less:
"With more people taking on student debt to pay for college and record high default rates, what do you think can be done to improve the financial literacy of our nation's young adults to help this problem?"
As college becomes more expensive, more students and their families are forced to take on student loan debt to fund their education. Many students, however, receive little personal finance education in high school and college and end up struggling when it comes time to start student loan repayment. This often leads to defaults and other struggles that can have implications that last a lifetime. What do you think can be done to improve the financial literacy of our nation's young adults so they can better manage their money and be more financially prosperous.
- Application Opens - May 1st, 2017
- Application Closes - October 15th, 2017
- Winners Selected - October 22nd, 2017
Still need to find money to help pay for college? Check out our private student loans guide to compare rates from our nation's top lenders!