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NASFAA Constituent Member News

[The following is a news release issued by Student Loan Network.]

Student Loan Network $10,000 Scholarship Drawing July 31, 2009

Quincy, MA July 20, 2009 -- As part of a larger effort to achieve its mission to "Better Educate the World", the Student Loan Network, an Edvisors Company, has committed to give away more than $100,000 in scholarships and awards in 2009. Previously offered in 2008 and March 2009, the program was expanded due to overwhelming demand and is now awarding $10,000 scholarships every six months.

Applications are now being accepted through July 31, 2009 for the second of two $10,000 scholarships to be awarded this year.

"In this economy, students, parents, and families need every possible resource available to make college affordable," says Joe Cronin, CEO of Edvisors and the Student Loan Network, "Our $10,000 scholarship can make a significant impact in the cost of college. We wanted to make it simple -- the application is incredibly fast and easy to complete."

The various scholarship programs, administered through the innovative Scholarship Points program (www.ScholarshipPoints.com) are designed to provide last minute funding to students directly through their school's financial aid office. The Scholarship Points program awarded $25,000 in scholarship funds to help support students in 2008.

Today, 384,000 students are part of the Scholarship Points membership rewards program. As part of this program, free of charge, students earn Points each month by participating in surveys and other online activities. Accrued points can be exchanged for entries into that month's scholarship drawing. The program is open to graduating high school students and current college students. Funds are sent to the student's financial aid office. Learn more at ScholarshipPoints.com

College guidance counselors and financial aid administrators are encouraged to spread the word - add a link from your web site to insure your students know about this great program.

About Edvisors and the Student Loan Network

The Student Loan Network is one of the nation's fastest growing providers of student loans and related information. A member of the Edvisors (www.edvisors.com) family of companies since 1998, we have connected 25 million students and parents with over $1 billion in scholarships, grants and federal, private and consolidation loan funding. To help make the confusing and stressful financial aid process easier, the Student Loan Network also delivers helpful information, including the award-winning Financial Aid Podcast, a multitude of financial aid-related blogs and the monthly Financial Aid Newsletter. Learn more about the Student Loan Network at www.StudentLoanNetwork.com.

Posted 07/21/09 to www.NASFAA.org. Posting of press releases is done as a service to Members and does not imply endorsement or support by NASFAA. NASFAA does not review this information for content or accuracy.