Registration Still Open for College Scholarship Program

Registration is still open for a scholarship that offers Iowa high school seniors a chance to receive one of 30 scholarships worth $2,000 for college while learning important financial literacy skills.

“I’m incredibly grateful for Iowa Student Loan and the Financial Know-How Challenge Scholarship. The financial rewards as well as the skills I learned when applying will be a huge help to me … as I strive to pursue my dreams in a way that is financially responsible.”

— Ryan Wagner, a 2017 graduate of Fort Dodge High School and a recipient of the 2016–2017 scholarship

The Iowa Financial Know-How Challenge: Senior Scholarship is open to legal U.S. citizens who are residents of Iowa; are seniors at an Iowa high school during the 2017–2018 school year; and attend college in fall 2018. It is a no-purchase-required program, and full rules and details are available at www.IowaStudentLoan.org/SeniorScholarship.

Register Today!

High school seniors may register for the Iowa Financial Know-How Challenge: Senior Scholarship by Feb. 16.

Iowa Student Loan® will award the $2,000 scholarships to students who complete two online financial literacy tutorials and score highest on a related assessment. Registered students also receive emails highlighting financial literacy tips, such as the importance of early career and college planning and ways to reduce student loan indebtedness.

The two tutorials — Student Loan Game PlanSM and the ROCI Reality Check — were developed by Iowa Student Loan to help students understand the consequences of college borrowing and discover how to maximize their return on college investment, or ROCI.

A related multiple choice assessment checks students’ understanding of the concepts in the tutorials. If top-scoring students tie, those students will be asked to write and be judged on a short essay so winners can be determined.

“Each year, we hear from participants and parents that this scholarship campaign helped them understand how they can minimize college debt,” Christine Hensley, Iowa Student Loan board chair, said. “Our hope is that they also tell others, who can then also use our online tools to reduce borrowing as well.”

In addition, each recipient’s high school will receive a corresponding $500 award.

The Iowa Financial Know-How Challenge: Senior Scholarship is open to legal U.S. citizens who are residents of Iowa; are seniors at an Iowa high school during the 2017–2018 school year; and attend college in fall 2018. It is a no-purchase-required program, and full rules and details are available at www.IowaStudentLoan.org/SeniorScholarship.

By: Iowa Student Loan