student loan hero scholarship

Student Loan Hero $5K Scholarship


Student Loan Hero, an unbiased solution to organize, manage, and repay your student loans, is thrilled to award two (2) $5,000 main prize and four (4) $2,000 runner-up scholarships each semester to help alleviate educational costs.

Who Qualifies / Criteria

All applicants must be actively enrolled (at least part-time) in a college/university

How to Apply / Guidelines

To enter, please submit a short essay (500-700 words) answering the following:

  1. What financial challenges have you overcome growing up? How have they shaped your goals and career aspirations?


Summer/Fall 2020

  • Opens: February 24, 2020
  • Deadline: April 30, 2020
  • Winners Announced: June 26, 2020

Spring 2021

  • Opens: August 10, 2020
  • Deadline: October 2, 2020
  • Winners Announced: December 2, 2020


Final winners will be selected by our team and contacted via the email address provided.


  • No purchase necessary to enter or win.
  • Void where prohibited.
  • Participants must be 18 years of age or older, residents of the 50 United States or the District of Columbia, and enrolled at an eligible educational institution.
  • The Student Loan Hero $5K Scholarship contest entry period for ​Summer/Fall 2020 prizes begins February 24, 2020 ​and ends​ April 30, 2020​. For ​Spring 2021 prizes, ​August 10, 2020 – ​October​ 2, 2020.
  • This contest is sponsored by Student Loan Hero, a LendingTree company.
  • The Student Loan Hero Scholarship contest is subject to the complete Official Rules available here:

Application Form

If you have any questions regarding the Student Loan Hero scholarship program, please reach out to: [email protected]

Previous Winners