Foreclosure.com Scholarship Program
The 2014 scholarship contest is now open.
View the winners of the 2013 scholarship. Click Here!
Thank you to the thousands of students across the nation who participated.
Deadline: Dec. 15, 2014 at 11:59 p.m. ET
Requirements: Here are the text requirements
- Minimum 800 words
- Maximum 2,000
Awards: Five winners will be selected
- Top prize $5,000
- Second through fifth place
will receive $1,000 each
2014 essay topic:
The foreclosure crisis that swept the nation several years ago claimed countless well-to-do homeowners, who were forced out of their houses when the economy hit rock-bottom. Those victims, along with the economy, are now beginning to slowly recover. And with collective home prices — and interest rates — still at very attractive levels, these "foreclosure victims" have transitioned into potential "boomerang buyers." How can these buyers with checkered pasts best take advantage of the current desirable real estate market conditions? There are a several actions these "boomerang buyers" can take to get back into home ownership. Please describe in your own words how the "rent-to-own" option, among others, might best benefit these folks until they are ready to go "all in" on another mortgage.
About the scholarship program:
Foreclosure.com has issued $45,000 in scholarship money to 25 college students nationwide since the program was introduced in 2009. Each year, the company challenges future leaders of America to provide creative solutions/ideas to many of the nation's most critical issues, real estate/housing in particular, which can be used to help turnaround the market.
Foreclosure.com Scholarship Program at a Glance
Foreclosure.com is breaking new ground by offering a scholarship program. Currently enrolled college students (graduate students, law students and/or high school seniors are NOT eligible) are invited to apply by submitting an essay. Freshman entering Fall 2014 are eligible once they have received a student ID number.