Finding Scholarships Scholarship Spotlight: Better Than a Loan Scholarship Written by Robyn Stewarton November 16th, 2020 Prior to joining College Coach, I was a financial aid officer at the College of the Holy Cross and an education advisor at two TRIO program locations. I work with the Massachusetts Education Finance Authority (MEFA) to present paying for college workshops to hundreds of families across the state. I'm a graduate of UMass Amherst and have a master in counseling from Northeastern University. Learn More About Robyn scholarship search, scholarships, There is a scholarship (or many scholarships) out there for everyone. Every student has some skill, interest, experience, or characteristic that may make them an attractive candidate for one scholarship or another. And while we often refer to scholarships as “free money,” scholarships don’t actually come for free. It takes work to thoughtfully consider your strengths and research the scholarships that might be most appropriate for you. While the effort that goes into finding and winning scholarships may be akin to a part-time job, we at College Coach want to make your job a little easier. This on-going scholarship series highlights a new scholarship each week. Check out the below, along with the other posts in the series, and you may discover a funding resource that will make covering that college bill a little (or a lot!) easier. Most families need to borrow to one extent or another to finance the cost of college, but do you know what college financing tool is better than a loan? A scholarship! Check out this scholarship to help reduce the amount you need to borrow for college. Scholarship: Better Than a Loan Scholarship Awarding Organization: Lendza.com Amount: $500 Number of Scholarships Awarded: One Eligible Students: U.S. resident At least 18 years old Enrolled in an institution of higher education How to Apply: Submit a 500-word essay, answering this year’s scholarship essay prompt. In addition to uploading your full essay, you must also tweet a condensed version of your idea to @LendzaLoans with the hashtag #BetterThanALoan. Deadline: December 31 Website: lendza.com/scholarship Best of luck, and please see the awarding organization’s website for full scholarship details and requirements. Related Resources Read | Posted on April 7th, 2025 Identity-Based Scholarship Series: Scholarships for Asian American Students Read | Posted on February 14th, 2025 Identity-Based Scholarship Series: Scholarships for Black Students Read | Posted on September 13th, 2024 Identity-Based Scholarship Series: Scholarships for Hispanic Students