Often, scholarship opportunities also serve as opportunities for students to think about and respond to pressing issues of the day, and one of the problems weighing most heavily on society in the last year has been the global economic crisis. While the recession has begun showing signs of abating, it is still creating serious problems in several areas of life, ranging from paying for school to owning a home.
Homeowners have been facing threats of foreclosure due to a combination of factors related to the recession, and this problem could still get worse before it gets better. The real estate website Foreclosure.com is sponsoring a scholarship essay contest that invites college students to propose solutions to the ongoing spike in foreclosures. With a $5,000 top prize for the scholarship essay that best explains "how to solve the foreclosure crisis," the Foreclosure.com Scholarship Program is this week's Scholarship of the Week.
Prize: Top prize is $5,000 and four runners-up will receive $1,000
Eligibility: Students who are currently enrolled in or have been accepted to an accredited college, university, law school or trade school in the United States. U.S. citizenship is required.
Deadline: December 31, 2009
Required Material: A completed online scholarship application, along with an essay of 1,000 to 2,500 words addressing the essay topic. Scholarship applications will be judged on writing ability, creativity, originality, and overall excellence.
Further details about the application process can be found by conducting a free college scholarship search on Scholarships.com. Once the search is completed, students eligible for this scholarship award will find it in their search results.
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