Program Also Provides Education on College Financing and PlanningIowa high school and college students, as well as their parents or guardians, have a chance at one of 45 scholarship awards deposited into a College Savings Iowa account.Registration for the ISL Education Lending Scholarship is open now through March 29. Registration is available at www.IowaStudentLoan.org/Savings and scholarship recipients will be determined by a random drawing in April."We designed this program to be beneficial to a wide group of Iowa students," said Steve McCullough, president and CEO, Iowa Student Loan Liquidity Corporation, which sponsors the scholarship and provides educational funding under the name ISL Education Lending. "Providing the awards as College Savings Iowa deposits allows the winners to use the funds for their college expenses when it makes the most sense for them. The educational components are beneficial to all registrants, not just the winners."The ISL Education Lending Scholarship is a new program that launched in September 2023. From more than 12,000 eligible registrations, 45 winners were chosen from a mix of high school and college students, parents and guardians. Those winners were chosen in December 2023 and are in the process of receiving their $1,000 deposits.The ISL Education Lending Scholarship not only provides registrants with a chance at much-needed funds for college, it also provides valuable information about ways to reduce college loan debt through the program. Financial literacy tips are included as part of the registration process, and additional information is available after participants register.Scholarship Details Forty-five $1,000 awards will be provided as deposits to College Savings Iowa accounts. The scholarship program is open to Iowa residents who are either:
- Iowa high school students.
- Undergraduate college students.
- Parents, guardians or others who hold a College Savings Iowa account benefiting an Iowa high school or undergraduate college student.
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