Iowa Financial Know-How Challenge: Senior Scholarship

$1,000Award Amount
50Number of Awards
3/11/2023Submission Deadline

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Fifty Iowa high school seniors, who complete the Iowa Financial Know-How Challenge: Senior Scholarship, each receive a $1,000 college scholarship. Participants receive email advice on budgeting for education and use two online tools to assist them to understand how to reduce borrowing to pay for it.

Administered by ISL Education Lending, the scholarships are awarded to graduating Iowa high school students who intend to enroll in college during the upcoming fall semester. Two online financial literacy courses and an evaluation will be provided to participants, along with email-based instructions.

All recipients of the Iowa Financial Know-How Challenge: Senior Scholarship will be revealed roughly six to eight weeks after the registration period closes, upon acceptance of the prize. This scholarship program has been able to assist students as well as parents to cater to the gap in their financial needs.

Key Information of Iowa Financial Know-How Challenge: Senior Scholarship

Study Details

Area of Study

Any

Country of Study

United States

Specific Schools

Any

Scholarship Details

Intended Level of Study

Undergraduate

Award Amount

$1,000

Number of Awards

50

Iowa Financial Know-How Challenge: Senior Scholarship Timeline

November 2022

Application Opening Date

Applications open on November 1.

March 11, 2023

Submission Deadline

The submission deadline is on March 11.

Scholarship Eligibility

To be eligible to apply, applicants must meet the following criteria.

  • Eligible Grade: High School Senior
  • Maximum Age: Any
  • Required GPA: Any
  • Geographic Eligibility: Iowa
  • Gender: Any
  • Race/Ethnicity: Any

Application Requirements

Here’s what you need to submits besides your application.

  • Short Answers

How to ace the Iowa Financial Know-How Challenge: Senior Scholarship

1

Apply to eligible college following registration dates

Plan to enroll part-time (at least six credits) or full-time in undergraduate or graduate study for the entire forthcoming academic year at an accredited two- or four-year institution or university.

2

Register online

While the registration period is active each year, a ‘Register Now’ link is accessible. An email with instructions and links to the necessary materials will be sent to registered students.

3

Complete two online tools

These resources offer advice and details on how to pay for college. Answer multiple choice questions about the ideas covered in the online tools after finishing each one.

4

Follow the provided instructions

Ensure that you read and understand the instructions before completing the application.

How the Iowa Financial Know-How Challenge: Senior Scholarship is Judged

Throughout the registration period, potential winners are informed periodically because random drawings only take place once every month.

Why We Love the Iowa Financial Know-How Challenge: Senior Scholarship

1

Scholarship doesn’t require proof of financial need

The Iowa Financial Know-How Challenge: Senior Scholarship does not have any conditions regarding financial need, minimum GPA, or class rank.

2

No discrimination

The program is open to all citizens of Hawaii as long as they meet the scholarship requirements. It supports equality and has no discrimination against gender, race, ethnicity, religion, etc.

3

Part-time students are eligible to apply

You are still eligible to apply for the Iowa Financial Know-How Challenge: Senior Scholarship even if you are not enrolled full-time.

5 Facts About Iowa Financial Know-How Challenge: Senior Scholarship

01.

Geographically restricted

The Iowa Financial Know-How Challenge: Senior Scholarship is only based in Iowa and for Iowa residents.

02.

Many students in need have been helped

The scholarship has assisted almost 400,000 students in the previous 40 years with their education expenses.

03.

Awards announcement

The awards are usually announced within six to eight weeks from registration.

04.

ISL Education Lending change of name

Iowa Student Loan Liquidity Corporation now conducts business as ISL Education Lending, but the company's objectives remain the same.

05.

Nonprofit organization

It is a nonprofit with the goal of assisting families and students in obtaining the resources they need to succeed in higher education through the use of private student loans, which are provided under the name ISL Education Lending.

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The Iowa Automobile Dealers Foundation for Education offers the Michael T. Clemons Scholarship to one qualified student in Iowa to advance their education and pursue careers in the automotive industry.

Amount
$2,500
Scholarships awarded
1 winner
Required GPA
2.5
Deadline
March 1

Robert D. Blue Scholarship

The Robert D. Blue Scholarship, administered by Iowa Centennial Memorial Foundation, is awarded to students enrolled or intending to enroll in an in-state college or university.

Amount
$1,000
Scholarships awarded
1 winner
Required GPA
Any
Deadline
May 10