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.
Adding to our ongoing list of easy scholarship opportunities, The Forget Your Student Debt Grant is open to anyone with student debt. Adults who have started their careers 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 December 1, 2022, 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 Jun 1, 2022. Winners will be announced on Dec 1, 2022.
The scholarship award is $10,000 per winner.
The winner will be publicly announced on Dec 1, 2022. 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.
Award checks will be sent to the financial aid office of the winner's academic institution in their name to be applied to their tuition, and in the name of their institution (depending on the school's requirements). If the award is for a qualified educational non-tuition expense, we will work with the winner directly to distribute the award and make sure it goes towards qualified expenses.
Before we award the scholarship, the winner will be required to confirm their academic enrollment status. Depending on the circumstances, verification of Student ID and/or their most recent transcript will be required.
If you have any questions about this scholarship or the Bold.org platform, just email firstname.lastname@example.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.