Escape the student debt trap and graduate debt-free with Scholly – your shortcut to thousands of scholarships!
Fortunately, student loans aren’t the only way to pay for college. Scholarships are a popular alternative because you can graduate debt-free.
This is where Scholly can help. It gathers thousands of scholarships and puts them into a searchable database so that you can apply within minutes.
But is Scholly legit?
Below, I’ll review Scholly while going through some pros and cons to see if it’s worth your time and money.
What is Scholly?
Scholly is a web and app-based search platform that matches students with scholarships.
This streamlines your scholarship searching process because you don’t have to spend months scouring the web. Simply head to Scholly, and you’ll find thousands of scholarships.
Christopher Gray founded Scholly after securing an incredible $1.3 million of his own scholarship money, which allowed him to graduate debt-free.
But he realized that finding scholarships is hard, which explains why $100 million goes unclaimed yearly. In a 2016 interview with Smithsonian magazine, Gray said, “You have students drowning in debt and scholarships that go unawarded; the system is broken.”
You probably remember him from an episode in Shark Tank, where investors were fighting to get a stake in Scholly.
Gray’s goal with Scholly is to help students find scholarships so they can graduate without mountains of debt. It’s safe to say he reached his goal since Scholly users have won more than $100 million in scholarships.
How Does Scholly Work?
Applying for scholarships with Scholly only takes a few minutes:
- Create a student profile
- Get paired with scholarships
- Apply for scholarships
Step 1 – Create a Student Profile
First, head to MyScholly.com, and create a student profile by clicking the red icon in the top-right-hand corner.
Enter your email address, password, and basic information like full name and intended major. Next, type in your credit card details, then Scholly will start pairing you with scholarships.
Step 2 – Get Paired with Scholarships
On your dashboard, you’ll find a list of results that match your interests, major, and location. You can also add unique information about yourself in the miscellaneous section to tailor results further.
Next to each scholarship, there’s a score from zero to 10. The Scholly algorithm checks how well each scholarship matches your profile. The higher the score, the better your chances of approval.
Step 3 – Apply for Scholarships
To apply for a scholarship that caught your eye, click view, and Scholly will take you to the scholarship website in a new tab.
I’ve noticed there are a lot of broken links, so sometimes, you’ll have to search and click several links before landing on the correct application page.
Scholly Subscription Plans
Scholly offers three pricing plans:
- A monthly subscription of $4.99
- A six-month plan of $24.99
- An annual subscription of $34.99
These plans have handy features like:
- Access to thousands of scholarships
- New scholarship matches every month
- Personalized scholarships
Scholly also offers a three-day free trial that’ll allow you to get used to the platform and how it works. So if you don’t like the app, feel free to cancel your subscription before the third day, and Scholly won’t charge you.
If you’re asking yourself, “Is Scholly legit for college scholarships?” Here are some student reviews.
You’ll notice that all Scholly reviews mention that it still requires hard work. Scholly doesn’t just hand you a bunch of scholarships.
You’ll have to spend months applying and face a lot of rejection. However, graduating debt-free makes this process worth it for most students.
Scholly isn’t the only search-based scholarship tool available. When trying to win scholarships, I also used these alternatives:
- College Board Scholarship Search
This scholarship search engine uses your major, citizenship, and profession to bring you the best options from its database containing 6,000 programs.
The College Board Scholarship Search provides over $4 billion worth of scholarships annually from these organizations:
- The Society of Women Engineers
- Scholarship America
- United Negro College Fund (UNCF)
- BigFuture Scholarships
If you’re still in high school, this scholarship search is a must. Unlike Scholly, it helps you choose which college is best based on your goals and subjects. It even walks you through the ins and outs of college life.
Aramacad is another practical alternative to Scholly because you can access endless scholarships within minutes.
Aramacad sends your applications to donors, then notifies you via email if you’re selected (or not). Like Scholly, getting scholarships on Aramacad is hard work. However, it’s far easier than sourcing scholarships directly, as their algorithm does this for you.
Aside from scholarships, Armacad connects students to various other academic opportunities, such as:
- Summer programs
- Sponsored conferences
- Training seminars
- 1:1 calls to go over papers
They have options to narrow your search by academic field, type of opportunity, and location.
If you’re looking for a free tool, opt for Fastweb. Without signing up or entering credit card details, Fastweb connects you to thousands of scholarships, many of which are in the Scholly database.
Even though it’s free, you won’t have to worry about scams because Fastweb employs a team of technicians that weed out scholarship scams.
But what sets Fastweb apart from Scholly and other tools is that they’ll also help you find internships. They can connect you based on your interests, subjects, passions, and location.
This makes it a handy alternative to Scholly once you’ve graduated and are looking to gain some experience. I’m also a big fan of the Fastweb blog because it teaches you how to land internships and dream jobs.
The only drawback is that Fastweb sells your data to third parties. So if you want an app that’ll keep your information secure, stick to Scholly.
Chegg is a staple in the academic world as you can browse through 25,000 scholarships.
But what caught my eye is their array of features for students. Chegg provides real-life tutors to clear your doubts and get your assignments in the best condition. This improves your test scores, making it easier to qualify for scholarships.
You can also buy or rent textbooks and e-textbooks from Chegg for a fraction of the price that universities charge, helping you save money.
Conclusion: Is Scholly Legit?
Scholly is an easy-to-use app that’ll allow you to apply for scholarships tailored towards your GPA and major. All you have to do is sign up, create a student profile, and Scholly will connect you to thousands of potential scholarships.
So, is Scholly legit for college scholarships?
In short, Scholly is a legit company that connects students to scholarships. Since 2013, Scholly users have won over $100 million in scholarships. And with 3,000 five-star reviews on the App Store and Play Store, Scholly is the number one scholarship app on the market.
Commonly Asked Questions About Scholly
Scholly is worth your time and money because four million students currently use it, and it helped them raise more than $100 million. This success sparked interest from celebrities, news outlets, and Shark Tank investors.
Scholly Shark Tank
On the sixth season of Shark Tank, Scholly’s founder Christopher Gray requested $40,000 for 15 percent of the company. Gray received $20,000 from Lori Greiner and $20,000 from Daymond John.
Scholly is thriving. It’s the number one college scholarship app, featured in Time Magazine, Forbes, and BusinessWeek.
Does Scholly Really Give You Money?
Scholly offers a program called Scholly Stimulus, a relief fund that helps students pay bills like rent and tuition.
Signing up is easy. All you have to do is visit the Scholly website, apply for the student relief fund, and you could receive up to $1,000 in stimulus cash.
Is Scholly a Good App for Scholarships?
Yes, Scholly is a good scholarship app because they’ve raised over $100 million for students since 2013.
But it’s essential to remember that you still need to put in the hard work. Scholarships change, and you’ll have to do some digging to find a scholarship that fulfills your academic needs.
How Successful is Scholly?
In 2022, Scholly generated around $5 million, making it the most successful scholarship app.
Scholly has received awards like the Smithsonian Award for American Ingenuity while also partnering with celebrities to raise awareness about scholarship opportunities.
What is Scholly Stimulus?
Scholly stimulus is a COVID-19 relief fund for students where you can receive up to $1,000 in stimulus cash.
To find out if you qualify, visit the Scholly website and sign up by entering basic information like your full name, major, college, and date of birth.
Is Scholly Free?
Scholly is a paid application. You can access a three-day free trial when signing up, but after that, you’ll have to upgrade to the premium plan. This plan costs $4.99 per month, $24.99 for every six months, or $34.99 per year.
Scholly Relief Fund
Applying for Scholly’s relief fund only takes a few minutes. You’ll receive a stimulus check of up to $1,000 to help pay for necessities like rent and tuition. The only requirement is that you have to be over 18 years old and a resident of the United States.
Is Scholly Safe?
Scholly is a reputable company featured on Shark Tank, Forbes, and the New York Times. It has won $100 million in scholarships and helped thousands graduate debt-free.
If you’re a bit cautious, sign up for the free trial. Once you’re comfortable, upgrade your experience and start financing your college journey.