While this scholarship has been awarded, we have a long list of 38 easy scholarship opportunities for you to take advantage of.
Most Bold.org students already carry significant student debt, or they soon will.
60% of Bold.org students say that, to continue their education, they expect to need private loans in addition to any federal aid they receive, expecting to need an additional $40,000, on average.
Of Bold.org students that already have loans, the average interest rate is 6.5%, on the high end of the interest rate range typically available to students.
Unfortunately, student loans are an extremely difficult world to navigate, and one wrong decision can set you back years.
For a 10-year $40,000 loan at 6.5% interest, reducing that interest rate to 3% means saving nearly $100 a month in loan payments, and saving nearly $10,000 in reduced interest over the lifetime of the loan!
Getting your loans right is one of the most important financial decisions you can make as a student.
To help you get the best loan rates possible, we’ve partnered with Credible, a platform that lets you compare rates for new loans and loan refinances, to make sure you’re getting the best possible deal.
We recommend Credible because it’s free, doesn’t affect your credit score, and shows you pre-qualified loan rates in minutes.
This scholarship will favor students who apply earlier—who are bold and seize the day without procrastinating.
While the scholarship will be awarded on Feb 1, 2021, the scholarship will have rolling monthly application deadlines. Students applying within earlier application windows will have a greater chance of winning the award.
This $1,000 scholarship will be awarded to a student who makes the effort to get the best rates on their loans via Credible’s loan comparison platform, using the links below.
Be sure to check your rates before applying! Applications from students who have not checked their rates will not be considered.
The application deadline is May 31, 2021. Winners will be announced on May 31, 2021.
Award amounts per winner are designated by the donor. Check the award amount for a detailed breakdown.
The winner will be publicly announced on May 31, 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.
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.