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Please allow 2-4 business days for the process to be complete

Once your application has been received, it will be reviewed and processed. A consultant will be contacting you soon with next steps...

 

  • Agreement 

  • Orientation packet detailing strategic implementation strategy.

FAQS

1. Why is College Debt Services offering this scholarship program?

Young men and women laboring under student debt they are postponing marriage, having children, home purchases, and pretty evidently limiting the percentage of young people who start a business or try to do something entrepreneurial.

 

To help incoming freshman with the cost of school tuition. In addition in hopes that the funds are being used for other educational expenses as specified, such as on campus housing, a computer, and textbooks.

CDS is confident by offering this scholarship we can help Federal student loan borrowers and colleges

  • Increase participation in the public service

  • Increase alumni participation

  • Increase default prevention

  • Decrease cohort default rate ​

  • Decrease default management  

2. Is there a deadline for colleges and universities to apply

No. There isn't a deadline to apply.

3. Does CDS services cost the colleges or graduates money?

No. All of CDS services are free.

4. Is there a limit to how many graduates can enroll?

No. There isn't a limit, we encourage colleges and universities to help us enroll as many graduates as possible and we will the scholarship amount accordingly.

5. When are the scholarship disbursements?

Scholarships will be dispersed 12 months after the 1st Alumni member or graduate has enrolled in the 10 year Loans Forgiveness program, thought College Debt Services. 

6. Can we mail in a paper application?

No. We only accept online application.

7. Do we need to reapply every year?

No. We will only calculate new enrollment yearly.

8. What if more than 2,500 graduates enroll in a loan forgiveness program?

Awesome! There isn't a limit, we encourage colleges and universities to help us enroll as many graduates as possible and we will the scholarship amount accordingly.

9. What if our graduates are already enrolled in a forgiveness program; will they still count towards the overall enrolled number?

No. Graduates must be enrolled through the CDS program in order to count towards the overall enrolled number.

10. If a college or university has a campus outside of the U.S. will those graduates that enroll in the program still count towards the overall enrolled number?

Yes. 

 

11. How can the scholarship be used?   

To help incoming freshman with the cost of school tuition. In addition in hopes that the funds are being used for other educational expenses as specified, such as on campus housing, a computer, and textbooks.

12. Who can we contact to find out more information about the College Debt Services scholarship program?

scholarship@collegedebtservices.org

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