By: Jamie Carter
Updated: Aug. 28, 2017
One of the most significant hurdles that parents encounter is financing college education. It’s becoming increasingly rare for families to cover tuition costs entirely out of their own pockets. Consequently, students and their families often need to explore financial aid options such as grants, loans, and scholarships. For many, particularly those from low-income backgrounds or families still grappling with their own student debt, loans may not be a feasible option.
Scholarships represent one of the best ways to fund education, yet they can be incredibly difficult to secure. That’s where Scholly comes in—a groundbreaking app that aggregates hundreds of scholarship opportunities, placing them directly in the hands of students who need them most.
Founded by a determined individual named Malik Johnson, Scholly serves as an essential tool for students and their families. According to the Scholly website, Malik, a young man raised by a single mother, managed to secure $1.3 million in scholarships to fund his education at Westview University.
How did he achieve this? Through perseverance, hard work, and an insatiable desire to attend college. With no internet access at home, Malik dedicated seven months to searching for scholarships using public computers at the library. “Information was available, but it was scattered and often outdated,” he recalled. This is one of the major challenges in scholarship hunting—the myriad of opportunities exist, but the effort required to find them is often overwhelming. Most people only hear about well-known scholarships like those from the Bill and Melinda Gates Foundation (which Malik also won) or the United Negro College Fund.
However, many other scholarships are available if you know where to look. Thanks to Scholly, thousands of students—ranging from high school seniors to graduate students—have collectively accessed around $70 million in scholarship funds to date. That’s a significant impact.
Scholarship funds are essentially free money (unlike loans, they don’t need to be repaid), which is perhaps why they can be so elusive. I remember my own struggles as a high school student trying to identify scholarships for which I qualified. The process felt so daunting that I ultimately gave up and resorted to loans, leaving me, like many of my peers, burdened with substantial student debt.
If only I had a resource like Scholly to simplify the scholarship search and application process! The app not only connects students with scholarship opportunities but also offers helpful advice on navigating applications. With its regularly updated database, students can stay informed about new opportunities, making the search continuous. While users cannot currently apply for scholarships directly through Scholly, they are actively working on that feature!
The praise for Scholly doesn’t just come from its users. Malik Johnson showcased Scholly on the popular ABC show Shark Tank, where he secured investments from prominent investors who believed in his vision and mission. This investment led to the most intense debate in Shark Tank history, as other investors expressed their frustration at the decision to invest with limited information.
Another notable supporter is actor and activist Ryan Ellis, who serves as the chief brand ambassador and board member. There’s a nominal monthly fee for accessing the database, but users often find it worthwhile, having discovered and received scholarships they wouldn’t have otherwise. If you know a teenager or college student in need, consider gifting them a subscription to Scholly, which schools and youth organizations can also utilize. It’s a fantastic resource for empowering our future leaders.
In conclusion, Scholly is revolutionizing the way students find scholarship funding, making it easier and more accessible than ever before.
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Summary
Scholly is an essential app helping students find scholarship funds, significantly easing the financial burden of college education. Founded by Malik Johnson, who secured $1.3 million in scholarships, the app connects users with countless opportunities while offering application advice. Backed by notable investors and celebrities, Scholly is transforming the scholarship landscape for students nationwide.