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In the United States, 70 percent of students graduate with loans and the national student debt is a staggering 1.1 trillion. College costs are continuing to rise and we want to help current and future students (and families!) manage college debt.
We recently launched the EdU Scholarship Award program to help set students up for financial success. Each month we will award $2,500 to any qualifying college (or college bound) student that can answer a tricky trivia question. Using your best pop culture and math skills, and probably a bit of help from Professor Google, you should be able to answer the series of questions and arrive at a final answer in no time.
How Can I Enter?
Applying for the EdU Scholarship Award is fast and easy, which is what we were aiming for when creating this program for students. We understand that students are already busy, and the last thing they need is to write a 20-page essay about why they deserve the scholarship.
If you are a college student or college-bound student, simply answer the series of questions to come up with the final answer, fill out the form completely, which includes the usual things you would find such as your name, address, and phone number. Fill out your answer and then hit “submit.”
After the submission deadline, we will gather all the applicants with the correct answers and one winner will be randomly selected through Randomizer.org.
1. How will I know if I won? We will notify the selected winner of each month using the email and phone number provided on their application. Winners will have 48 hours to accept their scholarship before they forfeit the funds and we select another winner through random selection. We are not responsible for anyone who forfeits their scholarship award because they did not check their email, they provided the wrong email address, or in the even we end up in the spam folder.
2. What if there’s a tie? If we end up with more than one person with the correct answer, we will randomly select one winner through Randomizer.org. We will use the email and/or phone number provided on the application to reach the winners.
3. How often can I enter to win? Each applicant may only enter once for each trivia question. We will have a new trivia running each month.
4. How often can I win? Applicants can win no more than twice in one calendar year.
5. Can I enter for a friend? No, but you can show your friend how they can apply.
6. How long is the contest open? Each trivia contest will last one month and then a new trivia contest will start once the previous one ends.
7. Will I be notified if I didn’t win? No, we will only contact those that don’t win, so be sure to check your emails and your spam box when the deadline approaches for that month. You can also check the winner page to see if the scholarship has been claimed.
8. Can anyone enter? No. You must be currently enrolled in a 2-year or 4-year college or university, or, you must be planning to attend a college or university within one calendar year. You must be a U.S. citizen residing within the United States and the college or University must be located in the United States.
9. How will you know if I’m in school or attending school? Selected winners must be able to provide proof of enrollment within one calendar year. Funds will be withheld until proof of enrollment can be provided. If after one year you still cannot provide proof of enrollment, you will forfeit the scholarship.
10. If I’m not in college yet, can I still apply? Yes, all U.S. college bound students can apply.
Spread the Word!
If you are a parent, a high school or college representative, or a student, you can help spread the word about our EdU Scholarship Award program with others. You can download and print posters, web banners and flyers by visiting our scholarship award media center and post them in high schools, in colleges/university common areas such as financial aid offices, student centers, dorm and common areas, or you could even encourage school website developers to post them online.
Check out the student credit cards that reward students for good grades.
Also be sure to check out FinanceU, our education initiative, that includes a set of resources and information that will assist students and their families who are planning to finance a college education. FinanceU will assist with planning ahead, evaluating the cost of a college education, and resources that will help with financial decision making.