Money Fit National Scholarship

2025-2026 Money Fit National Scholarship

The application period for the 5th Annual Money Fit National Scholarship is closed. One eligible student will be randomly selected to receive a $1,000 scholarship for education-related expenses.

Application period closed July 15, 2026 Deadline was 11:59 PM HST on July 15, 2026 Winner announced on or before Aug. 1, 2026
Applications closed View rules

Previous Money Fit scholarship winners have represented these schools.

Graphic showing University of Kentucky, Rutgers University, and Kennesaw State University as schools represented by Money Fit scholarship winners
Previous winners have represented the schools shown above. The 2025-2026 winner will be announced on or before August 1, 2026.

Applications are closed

The 2025-2026 application period closed at 11:59 PM HST on July 15, 2026. The online application is no longer accepting entries, and late, mailed, or emailed submissions will not be considered.

Money Fit will review submitted entries for eligibility and conduct a random drawing. The winner will be announced on this page on or before August 1, 2026. Information about a future scholarship cycle will be posted when available.

Key scholarship facts

These are the main dates, limits, award details, and rules for the closed 2025-2026 scholarship cycle.

Award

One $1,000 scholarship will be awarded through a random drawing from all eligible entries.

Application window

The contest entry period ran from Sept. 1, 2025 through July 15, 2026 and is now closed.

Deadline

The deadline was 11:59 PM HST on July 15, 2026. Late entries are not accepted.

Winner announcement

The winner will be announced on the contest site on or before Aug. 1, 2026.

Entry limit

Only one entry per student is permitted. Multiple entries will result in disqualification.

Submission method

Eligible entries were required to be submitted online. Mailed and emailed entries were not accepted.

Pursue a Money Fit life

Why Money Fit offers this scholarship

The Money Fit National Scholarship Program provides financial assistance to students interested in pursuing a Money Fit life. Scholarship funds are intended for education-related costs, such as tuition, books, or supplies.

The application asks students to think about personal finance principles. The award is not based on a perfect grade point average, resume, or essay score. One winner is selected at random from eligible entries.

Eligibility at a glance

For the 2025-2026 contest, eligible applicants were required to be United States citizens or legal residents, reside in the United States, have permanent residence in a state listed in the rules or the District of Columbia, and meet the student requirements below.

Age and school status

  • Ages 14 to 20 as of July 15, 2026.
  • Enrolled in grades 9-12.
  • Or enrolled full-time, with 12 or more semester credit hours, in the first or second year of college.
  • Or enrolled in a GED or correspondence school program.
  • Or attending a home-school program in the equivalent grades listed in the rules.

Important entry rules

  • Only one entry is allowed per student.
  • Incomplete, late, noncompliant, or duplicate entries may be disqualified.
  • Employees of Money Fit by DRS and their family members are ineligible.
  • Scholarship judges and their family members are also ineligible.

How the 2025-2026 drawing works

The application period has ended. Money Fit will now review entries for eligibility, remove duplicate or noncompliant submissions, and complete the random drawing.

1. Application period closed

The online application closed at 11:59 PM HST on July 15, 2026. No additional entries are being accepted.

2. Entries are reviewed

Money Fit reviews submitted entries for eligibility, completeness, compliance with the rules, and duplicate submissions.

3. Winner is selected

Money Fit by DRS will use a digitally randomized program to select one winner from eligible entries and announce the result on or before August 1, 2026.

Applications closed

Money Fit National Scholarship Drawing General Rules

The following sections present the rules that governed the 2025-2026 scholarship drawing in a readable format.

Section 1: General rules

Beginning on Monday, September 1, 2025, and running through Wednesday, July 15, 2026, Money Fit by DRS will host a scholarship contest in the states of Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming, and the District of Columbia.

Only one entry per student is permitted. Entries that are incomplete, submitted late, do not answer all required questions, contain information other than as requested, or otherwise do not comply with these Official Rules and Regulations will be automatically disqualified.

By entering the Scholarship Contest, entrants agree that Money Fit by DRS will own and administer 100% of the copyright in all entries submitted, with the perpetual right to use such entries. These entries must be solely the work of the entrant. Money Fit by DRS may edit for grammar, modify for style, and distribute the submitted entries with no additional notification or permission from the entrant. Entries will only be used to further the educational mission and goals of Money Fit by DRS.

To enter, eligible students must access the application website and complete the survey following the Submission Guidelines. Money Fit by DRS will not accept or consider entries that are mailed or emailed. Entrants agree to accept and be bound by all terms of these Official Rules and Regulations and to accept and be bound by the decisions of Money Fit by DRS, whose decisions are final with respect to all matters of the Contest.

Section 2: Eligibility

The scholarship contest is open to United States citizens or legal residents who reside in the United States, have permanent residence in a state listed in Section 1, and are students no older than 20 and no younger than 14 as of the deadline of the Scholarship Contest Period.

Eligible applicants must meet one of the following school enrollment requirements:

  • Attend school in the United States.
  • Be enrolled in grades 9-12 or enrolled full-time, with 12 or more semester credit hours, in the first or second year of college, attending public, private, religious, or charter schools.
  • Be enrolled in a GED or correspondence school program.
  • Be attending a home-school program in the equivalent grades listed under the rules.

Employees of Money Fit by DRS and their family members are ineligible. Scholarship judges and their family members are also ineligible.

Section 3: Submission guidelines

Each submission must include answers to the 20 multiple-choice questions and must be submitted by 11:59 PM HST on July 15, 2026. Only online submissions will be accepted for the contest. Completing all 20 questions is required. The specific answer choices do not affect chances in the random drawing.

Section 4: Drawing and timing

After the Contest Period, Money Fit by DRS will use a digitally randomized program to select the prize winner. Entries will be evaluated based on eligibility. Applicants with multiple entries will be disqualified and eliminated from the drawing. The winner will be announced on the contest site on or before August 1, 2026.

Money Fit by DRS reserves the right in its sole administration of the Contest to disqualify any individual it finds or believes to be tampering with the entry process or the administration of the Contest, or to be acting in violation of these Official Rules and Regulations.

Section 5: Award

The winner will be announced on the contest site on or before August 1, 2026. The winner must provide publicity photos, contact information, and school information in order to receive prize money. The winner will receive the prize based on the selection process outlined in Section 4.

Scholarship funds are intended for education-related costs, such as tuition, books, or supplies. The $1,000 scholarship is paid within three months of announcement. Award recipients who withdraw or graduate before distribution forfeit the scholarship.

A Money Fit perspective

Financial education should help students ask better money questions

A scholarship can help with education costs, but the larger lesson is also worth naming. Students who learn how to think about spending, borrowing, saving, credit, and tradeoffs are better prepared for the financial choices that come with school and early adulthood.

Money Fit’s financial education work is built around practical decisions, not shame or pressure. The goal is to help students build habits that can serve them long after one application or one semester.

Frequently asked questions

Is the 2025-2026 application still open?

No. The application period closed at 11:59 PM HST on July 15, 2026. Late, mailed, emailed, or otherwise noncompliant entries will not be accepted.

Who was eligible to apply?

Eligible applicants were required to be United States citizens or legal residents, ages 14 to 20 as of July 15, 2026, and meet the school and residence requirements in the scholarship rules.

How is the winner selected?

One winner will be selected by random drawing from all eligible entries. Completing all 20 questions was required, but the specific answer choices do not affect chances in the drawing.

When will the winner be announced?

The winner will be announced on the contest site on or before August 1, 2026.

Could a student enter more than once?

No. Only one entry per student was permitted. Multiple entries result in automatic disqualification.

What can the scholarship be used for?

Scholarship funds are intended for education-related costs, such as tuition, books, or supplies.

When are scholarship funds distributed?

The $1,000 scholarship is paid within three months of announcement. Award recipients who withdraw or graduate before distribution forfeit the scholarship.

When will the next application period open?

A date has not been announced. Money Fit will update this page when information about a future scholarship cycle is available.

Application status

The 2025-2026 application period is closed

The deadline was 11:59 PM HST on July 15, 2026. Money Fit is no longer accepting applications for this scholarship cycle. The winner will be announced on or before August 1, 2026, and this page will be updated when information about a future application period is available.

Applications closed Review rules

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