Amount

$2,000.00 USD

For whom

Underprivileged

Application deadline

July 31, 2018

Scholarship purpose and intent

Exterminating student loan debt and nurturing the leaders of tomorrow

Many students graduate with professional degrees, excess debt, and cannot find jobs in their fields. Ultius is committed to providing a platform for skilled graduates to use their skills in the new knowledge economy to help pay off student loan debt. We started this scholarship to further our cause of eliminating student loan debt.

SEED stands for Supplementing the Eradication of Education Debt and is a $2,000.00 academic scholarship awarded to one deserving underprivileged undergraduate student. The student may choose to use their award for the fall 2018 or spring 2019 semester.

As of 2016, 44 million Americans accumulated $1.31 trillion in student loan debt. Today, with the rising cost of higher education student loan debt continues to climb past $1.4 trillion. We believe students should be able to obtain their education without going into major debt. We hope to plant a seed with this scholarship, exterminate student loan debt, and help cultivate the future leaders of America.

Eligibility requirements

Find out if you qualify for the scholarship

We designed the SEED scholarship to help an underprivileged, American student avoid the economic hardships associated with student loans. The recipient must intend to be enrolled in or accepted as a full-time student at a college or university in the US for the 2018-2019 school year.

To be eligible to apply, applicants must be:

Application process and requirements

Learn about the process, timeline, and what’s required to be considered

As part of the general application, students must submit:

Upon being selected as a finalist, applicants must provide Pell grant receipt verification, an academic transcript, and proof that they are attending school full-time during the Fall 2018 semester. Failure to follow instructions and provide such documentation will result in disqualification from the scholarship.

Projected scholarship timeline

Date Event
May 1, 2018 Scholarship formally launched, accepting applications
July 31, 2018 Application deadline (no more submissions)
August 20, 2018 Winners announced (and notified via email)
August 31, 2018 Funds distributed to winners

Application terms and conditions

Please read carefully

The Ultius SEED Scholarship must be used on tuition, schoolbooks, equipment for academic use, and other academic fees, and will be subject to document verification. The recipient must meet all the aforementioned requirements in order to receive the scholarship. We reserve the right to withhold the award from any recipient who no longer meets the eligibility requirements and revoke the award should the recipient fail to maintain the eligibility requirements. The selected recipient will receive instructions from Ultius on how to receive the scholarship. Failure to follow the specified instruction by the deadline will disqualify the recipient from receiving the award.

Frequently asked questions (FAQ)

Common questions and answers

How much is the scholarship amount and what can the funds be used for?

The scholarship is for $2,000.00 USD and can only be used for tuition and other school-related expenses (like books, supplies, equipment, and other academic fees), subject to document verification.

What is the timeline for the scholarship and awarding?

Applications will be accepted until July 31, 2018 and the winner will be announced on August 20, 2018. Funding will take place at the end of August after awarding verification has taken place.

For what semester is the award for?

The award may be used for the fall semester of 2018 or spring semester of 2019.

I have additional questions that were not answered. Who can I speak to?

To get additional support, you can contact a direct support channel for the SEED scholarship by clicking the following link: https://ults.co/SEED-SPT

* Selected scholarship winners must follow acceptance instructions provided by Ultius on receiving the scholarship. Failure to follow provided instructions may result in disqualification from the award.

* Ultius, Inc., a Delaware corporation, reserves the right to modify the terms, conditions, acceptance instructions, and applicant pool at its sole discretion, without notice to prior applicants.

* The projected scholarship timeline table is only an estimate and actual timelines may differ from those projected. Please check back on this page (https://www.ultius.com/scholarship/index.html) for updates.

Ready to apply? Let's summarize:

Underprivileged state-school undergraduates who are Pell Grant recipients are welcome to apply. An application essay is required. Winners announced August 20, 2018.

Start Application