One in five adult Americans carries student debt.
The average college graduate finishes more than $30,000 in debt, and will pay far more than that (often several times as much!) as interest accrues.
Student debt makes you less likely to start a business, pursue your dream career, buy a home, or fully live your life.
The Forget Your Student Debt Grant is open to anyone with student debt. Adults who have started their career and are no longer in school are fully eligible.
The only criteria is that you have student debt payments to make.
While the grant will be awarded on November 1, 2021, the grant will have rolling monthly application deadlines. Students applying within earlier application windows will have a greater chance of winning the award.
The application deadline is Apr 30, 2021. Winners will be announced on Nov 1, 2021.
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The scholarship award is $10,000.
The winner will be publicly announced on Nov 1, 2021. Prior to the announcement date, we may contact finalists with additional questions about their application. We will work with donors to review all applications according to the scholarship criteria. Winners will be chosen based on the merit of their application.
We will send the award check to the winner’s academic institution in their name, and in the name of their institution (depending on the school’s requirements).
Before we award the scholarship, the winner will be required to verify their academic enrollment status by providing a copy of their most recent transcript.
If you have any questions about this scholarship or the Bold.org platform, just email contact@bold.org and we’ll get back to you as quickly as we can.
Yes. The terms and conditions for this scholarship can be found here.