Students who are in search of financial aids to complete their higher education have an opportunity to apply for the Student Loan Hero $5K Scholarship, which is provided by the Student Loan Hero Organization. The award is open for the United States residents and the District of Columbia who are the age of 18 years and older.
The main goal of the Scholarship is to provide an in-depth student loan summary to financial analysis and repayment plans designed to fit their financial situation and to give you honest, unbiased advice.
Student Loan Hero is an unbiased way to organize, manage, and repay student loans. It understands that every student loan borrower is in a different financial situation. Student Loan Hero has a mission to encourage and guide you toward economic benefits.
Who May Be Eligible?
To be eligible, the applicants must read all the following criteria:
- All the participants must be 18 years of age or older
- Aspirants must be a resident of the 50 United States or the District of Columbia
- All aspirants must be enrolled at an eligible educational institution.
How to Apply
To enter this program, all the participants need to fill out an online scholarship application form displayed on the official website page along with a short essay in 500-700 words on the given question:
- What financial challenges have you overcome growing up? How have they shaped your mission and career aspirations?
The Organization will provide the main prize of $5,000 for the winner of this program, and an award of $2,000 will be paid to the deserving four runner-ups of the scholarships for each semester to help and supports the alleviate educational expenses.
The deadline for submitting the applications for the Student Loan Hero Scholarship is October 2, 2020.