The Earnest Scholarship

Earnest is giving away $50,000 in scholarships

Would you like $5,000 to help you pay for college? Enter for a chance to win the Earnest Scholarship, and you could be one of the ten lucky winners.
Responsible lending

Why the Earnest Scholarship Exists

At Earnest, we believe in helping people realize their hopes and dreams through further education.

To help more students get to school, we created the Earnest Scholarship as a way to award ten students who best articulate how their education will enable their dreams.

To maintain the Earnest Scholarship, we put a percentage of each loan we refinance into our scholarship fund.

Key dates


November 16, 2020

Applications open


January 15, 2021

Submission deadline (extended!)


February 2021

Winners notified via email


April 2021

Schools receive funds

Application criteria

Who can apply for the Earnest Scholarship?

  • Applicants must be enrolled, or soon be enrolled, as a full-time student at an accredited U.S. college or university in Spring 2021.
  • There are no minimum GPA, residency, or major requirements to apply!
  • Applicants can be a U.S. citizen or permanent resident (including DACA students).

How to apply

Required Application Details

The submission of an essay answering one of the following questions:

  • How will your college education help you achieve your goals?
  • How has your education contributed to who you are today?

Essays should be 800–1,000 words and submitted as a PDF, DOCX, or DOC.

Completion of the Earnest Scholarship form.

See Terms & Conditions page for complete list of rules and requirements.

Sign up

Not ready to get started?

Not ready to get started?

Enter your name and email so we can send you a reminder email to apply later.
Enter your name and email so we can send you a reminder email to apply later.
We may contact you to tell you about useful Earnest products and services.
Reminder email You’re all set! We will send a reminder email to %email% before submissions close.

Share the Earnest Scholarship

Know a deserving student who might be looking for additional financing for school? Send them this link so they can apply! 

Related Articles

Learn more about preparing for school

Frequently Asked Questions

Can graduate students apply?

Yes, we welcome applications from both undergraduate and graduate students.

Is there a minimum GPA requirement?

No, there are no major or GPA requirements to apply to the Earnest Scholarship.

Can I nominate a student?

If you know of a deserving student you can share the Earnest Scholarship page with someone above.

Can international students apply?

Unfortunately at this time we are not accepting international student applicants.

My school is not on your list, can I still apply?

Applicants must be attending an accredited Title IV school to apply.