They weren’t kidding when they said, “Education isn’t cheap.”
The cost of higher education has become far more expensive today than what it was some years ago. It is no surprise that student loans are now the largest culprit of U.S. non-housing debt.
In a space of thirty years, the tuition fee for four-years at a public tertiary institution has increased by 213%.
Have wages grown over the same period?
Yes, but barely.
In fact, Forbes reports that the price of college is increasing almost eight times faster than wages.
This explains why so many young adults are drowning in debt or worse – out of school.
Some of these affected ‘school age’ individuals have opted to attend cheaper schools, but going to cheaper schools may not be feasible as not every school offers your intended program.
One of the best ways to save money on tuition, and still attend the institution of your choice, is to apply for scholarships.
But finding scholarships that are legit and still meet your need is like searching for a needle in a haystack. This is where ScholarshipOwl comes in.
In this post, you will get the full details of what ScholarshipOwl is about, what it offers, and how genuine it is.
What is ScholarshipOwl?
ScholarshipOwl is a search engine for scholarships.
It is an automated platform that quickly matches you with the best scholarship opportunities based on information you provide such as your lifestyle, interest, grades, hobbies, and more.
ScholarshipOwl prides itself as a platform that expedites and simplifies the scholarship application processes, so the information you enter for your first application will be automatically provided on your behalf for hundreds of subsequent scholarships that are matched to you – thereby saving you valuable time.
In addition, the platform lets you keep track of your scholarship applications to monitor your progress.
ScholarshipOwl requires you to complete a form when you first sign up.
The form fields ask for your name, email, phone number, occupation, level of education, gender, date of birth, ethnic background, citizenship, high school, enrollment status and date, intended colleges, grade, graduation date, discipline, degree, career goal, online study interest, military affiliation, and address.
Although this information would be used to apply for subsequent scholarships, some scholarships might require additional entries such as essays and mission statements.
Once you have successfully completed your form you will be automatically entered into the “$1000 you deserve it! Scholarship draw” that ScholarshipOwl offers every month to US-based students who are 16 years or older and are enrolled in eligible institutions.
Meanwhile, you will also be shown a series of scholarships that you are eligible to apply for with a single click.
Signing up on the platform and qualifying for the ‘$1000 scholarship draw’ is absolutely free, but do you have to pay for anything else?
Yes, you do.
After signing up, you can choose to stay on the free plan and still enjoy the benefits of seeing available scholarships that you are eligible for, but if you want ScholarshipOwl to apply to these scholarships for you all at once, you’ll have to pay.
The premium service comes in four plans:
Monthly: With $20/month you can automatically apply for all the scholarships you are matched with plus re-apply to repeat scholarships. It comes with a 7-day free trial period that you can cancel at any time.
Quarterly: Offers the same features like the monthly package, but you will be billed $15/month for three months.
Half-yearly: Offers the same features like the monthly and quarterly plans, but you will be billed $10/month for 6 months.
Elite: This package costs $499 with only 100 slots available every month. Opting for this package would entitle you to a professional essay review, personal admissions coach, access to training sessions and tutorials along with having the system automatically apply for all the scholarships you are eligible for.
Types of Scholarships
There are thousands of scholarships that ScholarshipOwl connects you to and they come in different types:
“You deserve it!” Scholarship
You are automatically qualified for a $1000 scholarship the month you sign up for ScholarshipOwl.
While this scholarship might be the easiest to apply for on the platform, chances of getting it could be 1 in 100,000 depending on the number of people that sign up on the platform that same month.
This one is based on your financial situation and your family’s. It takes into consideration factors such as income level, assets, and number of other relatives in school to determine if you are an eligible candidate for a scholarship.
These types of scholarships are offered based on your academic, artistic, or leadership accomplishments. So if you had a perfect GPA or headed an impactful group in school, then you could be in the running for these.
Scholarships for International Students
These scholarships are awarded to students who do not qualify for federal financial aid because they are not from the U.S.
Under this category, you will not be required to submit an essay along with your application to qualify. Although some of these scholarships would require you to simply apply, others might require something else, like a video recording or a drawing.
Other scholarships that ScholarshipOwl connects you with include:
- Minority Scholarships
- Artistic Scholarships
- Athletic Scholarships
- Employee Family Scholarships
Is ScholarshipOwl a Scam?
It is totally permissible to be skeptical about schemes like this as too many people have fallen prey to scholarship frauds in the past, but is ScholarshipOwl a scam?
There is no evidence to show that it is.
Several reviews have been done about the platform and we haven’t found a single report of a scam.
Is there a bad side?
The only category we have found poor reviews about ScholarshipOwl is in the area of pricing.
Some people have argued that, at first glance, ScholarshipOwl fronts itself as a free-to-use website until you want to apply for the scholarships you have been matched to.
If we are being fair though, ScholarshipOwl offers a free scholarship aggregation service, and you can apply for these scholarships on your own. It only charges you to apply for the multiple scholarships on your behalf which, let’s be honest, is a good bargain.
Whether ScholarshipOwl is right for you is a question you can only answer after you’ve used it, and fortunately you don’t have to spend a dime to try it out.
You could try it for 7 days to see if you like it or not. You could stay on the ‘freemium’ service too.
As to whether it is legit, real and trustworthy, it is safe to say yes.
The platform recognizes security and privacy features, and so far, there haven’t been any reported scam incidents.