Introducing Micro-Scholarships for College from Raise.me

We are all familiar with the high costs associated with pursuing a college education. But remember, there are many options out there to collect scholarships and financial aid. And some are more out-of-the-box that you may expect.

Take Raise.me for example. I recently had the opportunity to meet with a Raise.me rep, a new organization that is partnering with colleges across the country to help families rack up "micro-scholarships" against the astronomical costs of higher education. Starting in 9th grade, students can accrue these small, conditional scholarships from colleges for accomplishments such as getting an 'A' in science class, making the Varsity swim team, being involved in community service, partaking in various extracurricular activities, and much more. If you wind up attending a school you've selected through Raise.me, the micro scholarships you've built up will be applied to your tuition.

The process is very simple; go to their website, create a free account (Name, DOB, High School, and graduation year), select any or all of the schools they partner with, input your accomplishments, and watch the scholarships grow. The Raise.me platform is retroactive, meaning even juniors and seniors can enter any high school accomplishments to count toward Raise.me scholarship money (as long as the college's submission deadline has not passed).

Currently, this organization is partnered with 65 colleges, including Tulane and Temple, but will be adding an average of one new school per week. Students may choose connect to as many colleges on Raise.me as they want, and are under no commitment to attend those schools. However, if they do choose to attend a college selected through Raise.me, the school is bound to give them the amount in their account. The scholarships range in amounts, and can be small, but receiving any scholarship money for your accomplishments is a great way to offset college costs. Parents, this is a great motivator for students to become more involved in school activities, sports, or even work harder in the classroom. Of course, getting that 'A' in Calculus is a win on transcripts, as well, but it won't hurt to also get $500 from a college for receiving that grade!

Raise.me launched for student-use 6 months ago, and I anticipate it will continue to grow, especially as the organization has grant funding from the Bill and Melinda Gates Foundation, Facebook, and UPenn. So students, check out the website, connect with colleges, begin listing your accomplishments, and watch the potential scholarships accrue in your account! If you haven't had motivation yet to get involved in the classroom, the sports fields, or do anything outside of school, maybe a little money towards your college education will help.

Best of luck with this experience, and as always, happy searching!

Joseph D. Korfmacher, MA

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