Scholarship is financial aid provided to a student on a certain basis, usually primarily academic merit. They can be based on several eligibility criteria such as needs, country or region of origin, gender, field of study, race, etc. Scholarship money does not have to be paid back as it is not a loan.

One of the good example is Nitro scholarship.

What is Nitro Scholarship?

Nitro is a website that helps students make informed decisions about paying for college. The company provides reviews of student loan lenders and information about scholarships, financial aid, and more. Read more about Nitro Company here

Nitro cares about providing you the resources needed to successfully navigate financing college. That’s why we’re offering you the opportunity to earn a $2,000 scholarship. We know that college is a big step forward in achieving your goals and we want to help you get there using all the tools Nitro has to offer.

Nitro scholarship Eligibility

The $2,000 Nitro Scholarship Sweepstakes (the “Sweepstakes”) begins at 12:00:01 AM Eastern Time (ET) Friday, January 01, 2021 and ends at 11:59:59 PM ET on Friday, December 31, 2021 (the Sweepstakes Period). Sponsor’s computer is the official clock for this Sweepstake. The $2,000 Nitro Scholarship Sweepstakes is only open to legal residents of the 50 United States, the District of Columbia, age 17 or older at the time of entry, and who meet one (1) of the five (5) following eligibility requirements at the time of entry:

A parent who currently has a child enrolled in an accredited college or university located within the United States;

A student who is currently enrolled in an accredited college or university located within the United States;

A parent who currently has a child enrolled as a high school senior located within the United States;

A student who is currently enrolled as a high school senior located with the United States;

A student or a parent whose child has graduated from an accredited undergraduate school and who is currently paying back a student or parent loan for his/her/child’s educational expenses for such School.

Void outside the U.S. and wherever prohibited by law.  Click here for nitro scholarship rules.

Nitro scholarship entry period.

There are twelve (12) Entry Periods that is January, February, March, April, May, June, July, August, September, November and December.

Nitro winner notification & verification.

Potential Grand Prize winner will be notified via email and/or
phone, and will be required to sign and return, within seven (7) days of notification, an Affidavit of Eligibility,
a Liability Waiver, an IRS W-9 Form and where allowable, a Publicity Release (collectively, “the Releases”).
These Releases will require the Grand Prize winner to furnish his/her Social Security Number for the sole
purpose of tax reporting, as required by law.

Nitro Scholarship General Rules.

Participating Entrants agree to these Official Rules and the decisions of Administrator
and the Sponsor, and release the Sponsor and its affiliated companies, and all other businesses involved in
this Sweepstakes, as well as the employees, officers, directors and agents of each, from all claims and
liability relating to their participation in the promotion, and the acceptance and use/misuse of the prize
offered. Winner assumes all liability for any injury or damage caused or claimed to be caused by
participation in this Sweepstakes or use/misuse or redemption of the prize. Sponsor is not responsible for
any typographical or other error in the printing of the offer, administration of the Sweepstakes or in the
announcement of the prize.