Ten $1,000 scholarships now open to seniors

High school seniors from Illinois, Missouri, Nebraska, South Dakota and Wisconsin now have a chance to receive one of ten college scholarships worth $1,000. Registration is open now through April 30, 2024. Parents are also now able to register their students.

High school seniors or their parents may register for the ISL Midwest Senior Scholarship at http://www.IowaStudentLoan.org/Midwest. ISL Education Lending will award $1,000 scholarships to ten students whose names are randomly drawn after the registration period. There is no financial need, grade point average or class rank requirements. The ISL Midwest Senior Scholarship can be used at any eligible institution in the U.S.

Registered participants also receive emails highlighting financial literacy tips, such as the importance of early career and college planning and ways to reduce student loan indebtedness.

“Student loan debt is a huge concern for new college students,” said Steve McCullough, president and CEO of ISL Education Lending. “As a nonprofit, we provide tools and resources to help high school seniors plan so they can reduce the amount of debt they need to take on while achieving their education goals. Students sign up for a chance at a $1,000 scholarship, and we take that opportunity to share information with them about our free resources.”

The ISL Midwest Senior Scholarship is open to legal U.S. citizens who are seniors at a high school in one of the qualifying states during the 2023-2024 school year and who intend to attend college, either virtually or physically, in fall 2024. It is a no-purchase-required program, and full rules and details are available at http://www.IowaStudentLoan.org/Midwest.

In addition to offering student loans, ISL Education Lending has other resources for families planning for college and for students who intend to pursue advanced degrees. The Parent handbook consists of valuable tips to help families of students in sixth through twelfth grades prepare for success in college and other postsecondary options. Parents of students in eighth through twelfth grades can also sign up to receive twice-monthly emailed tips on academic, college and career planning through the Student Planning Pointers for Parents program. The College Funding Forecaster helps families understand the total cost of four years of college based on a freshman-year financial aid offer. Information about these resources is available at http://www.IowaStudentLoan.org/SmartBorrowing.

About ISL Education Lending: Established in 1979 as Iowa Student loan Liquidity Corporation, a private, nonprofit organization, ISL Education Lending helps students and families obtain the resources necessary to succeed in postsecondary education. ISL has helped nearly 400,000 students pay for college, offering student loans and other products under the name ISL Education Lending. The organization, based in West Des Moines, Iowa, also provides an array of borrower benefits, financial literacy tools and community reinvestment programs, including support for free college planning services for students and their families. For more information, visit http://www.IowaStudentLoan.org.