Every Fall and Spring we give away 2, $1,000 scholarships here at LendEDU.
For the LendEDU Fall 2016 Scholarship, applicants only had to answer one simple question:
"How do you plan to manage your finances in and after graduation to be financially prosperous as a young adult?"
After reading numerous essays, our scholarship winner selection team chose 2 winners. There were tons of thoughtful ideas and unique responses, and the selection was by no means easy.
The application for our Spring 2016 Scholarship is now open: APPLY TODAY!
After informing the winners that they had won, they both graciously agreed to answer some questions so we could create this awesome blog post. Without further ado, here are the winners!
Paula & Chelsea
Paula (left) is currently a Senior in high school and is still deciding where to attend college. Chelsea (right) attends Wagner College in Staten Island, NY.
LendEDU: What school will you be attending next year or do you currently attend, and why did you choose that school?
Paula: My 2 top choices are Cornell University in Ithaca, NY and McGill University in Montreal, Canada. Both schools are highly ranked in engineering, and on top of that, they both look like gorgeous castles, a major plus.
Chelsea: Wagner College in State Island, New York. It's so close to Manhattan without the Manhattan price and they have a great nursing program.
LendEDU: What will you be majoring in/do you major in and what, at this time, do you think you would like to do as a future career?
Paula: I'll be majoring in chemical engineering. Hopefully I'll be able to do some sort of research in the future!
Chelsea: Nursing. My ideal nursing position would be in OB or labor and delivery.
LendEDU: How do you plan to cover the cost of college?
Paula: I plan to ease the pain of the dreaded price tag of college by applying for multiple scholarships, acquiring a job on campus, and setting up a reasonable budget for my expenses. For now, I'm allotting a certain amount from my paychecks towards college expenses.
Chelsea: Since the commute was too long from my house, I had to rent a place by school. Instead of renting an entire apartment, I rented a room in a woman's house so I don't pay utilities and I got a great price. I also rely on scholarships, student loans and working part time.
LendEDU: How do you plan to manage your finances during college and post-graduation to help pay down your student debt, if any?
Paula: I'm keeping my fingers crossed that I'll find a decently-paying grad school program that will pay me enough to take care of any possible student debts. During college, I'll find part-time and summer jobs to gradually chip away at any debts.
Chelsea: I plan to participate in a loan-repayment program for nurses. These programs allow me to work in an area that is underserved for a few years while paying off my loan in return.
LendEDU: What opportunities will the scholarships you receive, like the LendEDU Scholarship, open up for you during your time in college?
Paula: Any scholarships I receive will greatly help me in college financially AND mentally. Whether I spend the money purchasing textbooks or putting it towards my room and board, I know I'm saving myself from extra hours of work and future stress, and that fact reduces my anxieties about my future financial status.
Chelsea: It is very difficult to get nursing experience and get paid for it while in nursing school, so scholarships like LendEDU's will give me some time to volunteer at a local hospital.