Sallie Mae Provides Tips and Tools to Help Students and Families Access Scholarships This National Scholarship Month
Sallie Mae (SLM) highlights the importance of scholarships during National Scholarship Month, revealing that 64% of families used scholarships for education costs in 2023-2024. Despite this, misconceptions persist with 52% of families believing scholarships are only for exceptional students. Key barriers include lack of awareness (50%), doubt in winning (32%), and required effort (21%). The company provides free tools like Scholarship Search and has awarded nearly $4 million through its Bridging the Dream Scholarship Program in partnership with Thurgood Marshall College Fund.
Sallie Mae (SLM) sottolinea l'importanza delle borse di studio durante il Mese Nazionale delle Borse di Studio, rivelando che il 64% delle famiglie ha utilizzato borse di studio per le spese educative nel 2023-2024. Nonostante ciò, persistono delle idee errate, con il 52% delle famiglie che crede che le borse di studio siano riservate solo agli studenti eccezionali. Tra i principali ostacoli ci sono la mancanza di consapevolezza (50%), il dubbio di poter vincere (32%) e lo sforzo richiesto (21%). L'azienda offre strumenti gratuiti come il Ricerca Borse di Studio e ha premiato quasi 4 milioni di dollari attraverso il suo Programma di Borse di Studio Bridging the Dream, in collaborazione con il Thurgood Marshall College Fund.
Sallie Mae (SLM) destaca la importancia de las becas durante el Mes Nacional de las Becas, revelando que el 64% de las familias utilizó becas para los costos educativos en 2023-2024. A pesar de esto, persisten conceptos erróneos, con el 52% de las familias creyendo que las becas son solo para estudiantes excepcionales. Las principales barreras incluyen la falta de conocimiento (50%), la duda de poder ganar (32%) y el esfuerzo requerido (21%). La empresa proporciona herramientas gratuitas como la Búsqueda de Becas y ha otorgado casi 4 millones de dólares a través de su Programa de Becas Bridging the Dream en asociación con el Thurgood Marshall College Fund.
샐리 메이 (SLM)는 국가 장학금 월 동안 장학금의 중요성을 강조하며, 64%의 가정이 2023-2024년 교육 비용으로 장학금을 사용했다는 사실을 밝혔습니다. 그럼에도 불구하고, 52%의 가정이 장학금이 뛰어난 학생들에게만 주어지는 것이라고 믿는 오해가 여전히 존재합니다. 주요 장벽으로는 인식 부족(50%), 당첨에 대한 의구심(32%), 요구되는 노력(21%)이 있습니다. 이 회사는 장학금 검색과 같은 무료 도구를 제공하며, Thurgood Marshall College Fund와 협력하여 'Bridging the Dream' 장학금 프로그램을 통해 거의 400만 달러를 수여하였습니다.
Sallie Mae (SLM) souligne l'importance des bourses d'études pendant le Mois National des Bourses, révélant que 64% des familles ont utilisé des bourses pour les coûts éducatifs en 2023-2024. Malgré cela, des idées fausses persistent, avec 52% des familles croyant que les bourses ne sont réservées qu'aux étudiants exceptionnels. Les principales barrières incluent le manque de sensibilisation (50%), le doute de gagner (32%) et l'effort requis (21%). L'entreprise fournit des outils gratuits tels que la Recherche de Bourses et a accordé près de 4 millions de dollars par le biais de son programme de bourses Bridging the Dream en partenariat avec le Thurgood Marshall College Fund.
Sallie Mae (SLM) hebt während des Nationalen Stipendienmonats die Bedeutung von Stipendien hervor und zeigt, dass 64% der Familien im Jahr 2023-2024 Stipendien zur Finanzierung von Bildungskosten verwendet haben. Trotzdem bestehen Missverständnisse, da 52% der Familien glauben, dass Stipendien nur für außergewöhnliche Schüler verfügbar sind. Zu den Hauptbarrieren gehören mangelndes Bewusstsein (50%), Zweifel am Gewinn (32%) und der erforderliche Aufwand (21%). Das Unternehmen bietet kostenlose Werkzeuge wie die Stipendiensuche an und hat durch sein 'Bridging the Dream'-Stipendienprogramm in Kooperation mit dem Thurgood Marshall College Fund fast 4 Millionen Dollar vergeben.
- 64% of families successfully utilized scholarships for education costs
- Company offers free scholarship search tools without registration requirement
- Awarded nearly $4 million through Bridging the Dream Scholarship Program
- Significant portion of scholarship funds go unclaimed annually
- High percentage (52%) of families have misconceptions about scholarship eligibility
- 50% of families report lack of awareness as barrier to scholarship applications
While research from Sallie Mae and Ipsos confirms
“Researching and applying for scholarships should be a critical aspect of planning for higher education but too often they go unclaimed,” said Rick Castellano, vice president, Sallie Mae. “We’re committed to providing students and families with free tools and resources to unlock these opportunities which can help make college more accessible and affordable.”
Sallie Mae offers tips and free resources to help students and families research and apply for scholarships:
- Start Early — Many scholarships opportunities have deadlines during junior or senior year of high school. Keep a checklist of application deadlines and requirements to avoid missing out on key opportunities.
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Complete the FAFSA® — The Free Application for Federal Student Aid (FAFSA) is the gateway to accessing more than
$100 billion - Use Free Scholarship Tools — Scholarship Search by Sallie is free and connects students to hundreds of scholarships —no registration required.
- Target Niche Scholarships — Look for scholarships that match your unique background, skills, or interests. These smaller, more targeted awards may have less competition.
- Perfect Your Application — Make sure scholarship essays and application materials stand out. Seek guidance from teachers or mentors to strengthen your chances.
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Apply Every Year — Scholarships aren’t just for incoming freshmen. Despite the emphasis on finding scholarships when entering college, approximately
50% of available scholarships are for students already enrolled.
In addition to its free scholarship search tool, Sallie Mae also offers its own scholarships to help students access and complete higher education. The Sallie Mae Fund, in partnership with Thurgood Marshall College Fund, has awarded nearly
For more tips on finding and applying for scholarships, visit SallieMae.com.
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
Category: Financial Literacy
View source version on businesswire.com: https://www.businesswire.com/news/home/20241112528116/en/
Caron Jackson
302.304.3041
Caron.Jackson@SallieMae.com
Source: Sallie Mae
FAQ
What percentage of families used scholarships according to Sallie Mae's research in 2023-2024?
What are the main barriers to scholarship applications identified by Sallie Mae (SLM)?
How much has Sallie Mae's Bridging the Dream Scholarship Program awarded?
What percentage of families believe scholarships are only for exceptional students?
