Application Window Now Open for Sallie Mae Completing the Dream Scholarship

Rhea-AI Summary

The Sallie Mae Fund, in collaboration with the Thurgood Marshall College Fund, is offering $500,000 in scholarships for the 2024-2025 academic year through its Completing the Dream Scholarship program. This initiative aims to support 200 students from underserved communities by providing up to $2,500 each to cover unexpected educational costs. Applications are open until December 6, 2024, or until all funds are awarded. Since its inception in 2021, the scholarship has alleviated nearly $2 million in costs for students, predominantly those attending Historically Black Colleges and Universities (HBCUs). Dr. Harry Williams, CEO of Thurgood Marshall College Fund, and Nic Jafarieh, EVP of Sallie Mae, emphasize the scholarship's role in helping students graduate. Interested students can apply at salliemae.com/CompletingtheDream.

Positive

• The scholarship fund totals $500,000 for the 2024-2025 academic year.
• 200 students from underserved communities will benefit from the scholarship.
• Each scholarship offers up to $2,500 to cover unexpected educational costs.
• The program has eliminated nearly $2 million in costs since 2021.
• 98% of recipients attend or have attended Historically Black Colleges and Universities (HBCUs).
• The scholarship helps ensure more students from underrepresented communities graduate.

Negative

• The application window closes on December 6, 2024, which may limit late applicants.
• Distribution of funds is on a first-come, first-served basis, potentially disadvantaging late applicants.

The Sallie Mae Fund, in Partnership with Thurgood Marshall College Fund, Providing up to $500,000 in Scholarships for Academic Year 2024-2025

NEWARK, Del.--(BUSINESS WIRE)-- The Sallie Mae Fund, in partnership with Thurgood Marshall College Fund, is again awarding 200 Completing the Dream scholarships worth up to $500,000 to help students from underserved and underrepresented communities complete their higher education. Applications are being accepted until all scholarship funds are awarded or by December 6, 2024.

The Completing the Dream Scholarship offers students from historically underserved communities up to $2,500 to cover unexpected costs that can be obstacles to college completion. Eligible students must be on track to complete their program during the academic year 2024-2025 at a two-or four-year college, career training, or other post-secondary education program and maintain good academic standing.

“The Completing the Dream Scholarship has been a transformative force in my academic journey, propelling me to new heights, expanding my network, and opening doors to a world of incredible opportunities,” said Tyree Thomas, one of last year’s Completing the Dream scholarship recipients who recently graduated from Tuskegee University.

Since 2021, the Completing the Dream Scholarship program has eliminated nearly $2 million in unexpected costs for students, 98% of whom attend or have attended Historically Black Colleges or Universities (HBCUs).

“The Completing the Dream Scholarship continues to help ensure more students from historically underrepresented communities cross the finish line,” said Dr. Harry Williams, president and chief executive officer, Thurgood Marshall College Fund. “We are grateful to The Sallie Mae Fund for their continued commitment in helping these students overcome barriers to graduation.”

In addition to the Completing the Dream Scholarship, Sallie Mae also offers scholarships to help students access and continue higher education. The education solutions company also connects students to scholarships through its free resource Scholarship Search by Sallie.

“We need to ensure those students setting foot on campus for the first time also make it to the graduation stage," said Nic Jafarieh, executive vice president, Sallie Mae. “Our Completing the Dream Scholarship continues to remove barriers so more students realize the full potential that comes with earning a college degree.”

Learn more and apply today at salliemae.com/CompletingtheDream.

Sallie Mae (Nasdaq: SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and know-how to support access to college and offer products and resources to help customers make new goals and experiences, beyond college, happen. Learn more at SallieMae.com. Commonly known as Sallie Mae, SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.

No purchase necessary. Void where prohibited. Ends 12/6/2024 or when all scholarship funds are awarded, whichever occurs first. For official Completing the Dream Scholarship rules for the academic year 2024-2025, visit: Completing the Dream Rules.

Category: Community and Philanthropy

View source version on businesswire.com: https://www.businesswire.com/news/home/20240603078384/en/

Caron Jackson

302.451.2541

Caron.jackson@salliemae.com

Source: Sallie Mae

FAQ

What is the Sallie Mae Completing the Dream Scholarship?

The Sallie Mae Completing the Dream Scholarship is a financial aid initiative providing up to $2,500 per student to cover unexpected costs, aimed at helping students from underserved communities complete their education.

How much funding is available through the Sallie Mae Completing the Dream Scholarship for 2024-2025?

The scholarship program offers a total of $500,000 for the 2024-2025 academic year.

When is the application deadline for the Sallie Mae Completing the Dream Scholarship?

Applications are accepted until December 6, 2024, or until all funds are awarded, whichever comes first.

Who is eligible for the Sallie Mae Completing the Dream Scholarship?

Eligible students must be from underserved communities, on track to complete their program in the 2024-2025 academic year, and maintain good academic standing.

How has the Completing the Dream Scholarship impacted students since its inception?

Since 2021, the scholarship has eliminated nearly $2 million in unexpected costs for students, with 98% of recipients attending HBCUs.