2026-2027 applications are open

2026-2027 Money Fit National Scholarship

Applications are open for the 6th Annual Money Fit National Scholarship. One eligible student will be randomly selected to receive a $1,000 scholarship for education-related expenses.

$1,000 scholarship Ages 14 to 20 One entry per student Deadline: July 15, 2027
College students working together at computers on a class project
Eligible students can apply from qualifying high school, college, GED, correspondence, and home-school programs.

Applications are open through July 15, 2027

The 2026-2027 Money Fit National Scholarship application period runs from September 1, 2026 through 11:59 PM HST on July 15, 2027. Eligible students must submit the online application before the deadline. Mailed and emailed entries are not accepted.

A complete entry includes answers to 20 required multiple-choice questions. The specific answer choices do not affect a student's chances in the random drawing. Only one entry is permitted per student.

Key scholarship facts

Review the dates, award, entry limit, and drawing process before beginning the application.

Award

$1,000 scholarship

One eligible student will receive $1,000 for education-related expenses such as tuition, books, or supplies.

Application period

September 1, 2026 through July 15, 2027

The online application remains available throughout the contest entry period.

Deadline

11:59 PM HST on July 15, 2027

Late, mailed, emailed, incomplete, duplicate, or otherwise noncompliant entries are not accepted.

Winner announcement

On or before August 1, 2027

The winner will be announced on the Money Fit scholarship site after eligibility review and the random drawing.

Entry limit

One entry per student

Submitting multiple entries results in disqualification from the drawing.

Selection method

Random drawing

Money Fit uses a digitally randomized process to select one winner from all eligible entries.

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 grade point average, resume, essay score, or the specific answers selected on the questionnaire. One winner is chosen at random from eligible entries.

Eligibility at a glance

Applicants must meet the residence, age, school enrollment, and entry requirements in the official rules.

Student requirements

Age and school status

  • Be at least 14 and no older than 20 as of July 15, 2027.
  • Attend school in the United States.
  • Be enrolled in grades 9 through 12.
  • Or be enrolled full-time, with 12 or more semester credit hours, in the first or second year of college.
  • Or be enrolled in a GED or correspondence school program.
  • Or attend a home-school program in an equivalent qualifying grade.
Residence and exclusions

Who may enter

  • Be a United States citizen or legal resident.
  • Reside in the United States.
  • Have permanent residence in one of the 50 states or the District of Columbia.
  • Submit only one entry.
  • Employees of Money Fit by DRS and their family members are ineligible.
  • Scholarship judges and their family members are also ineligible.

How to apply

The application is completed online. Set aside enough time to review the rules, provide accurate information, answer all required questions, and submit the entry in one session.

1

Review eligibility and rules

Confirm the age, school, residence, deadline, one-entry limit, and other requirements before beginning.

2

Complete the online application

Provide accurate contact and school information and answer all 20 required multiple-choice questions.

3

Submit and keep confirmation

Submit one complete entry before the deadline and keep the on-screen or emailed confirmation for your records.

Money Fit National Scholarship Drawing General Rules

These rules govern the 2026-2027 Money Fit National Scholarship. Applicants should review them before submitting an entry.

Section 1: General rules

Beginning on Tuesday, September 1, 2026, and running through Thursday, July 15, 2027, 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 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 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 through 12 or enrolled full-time, with 12 or more semester credit hours, in the first or second year of college while attending a public, private, religious, or charter school.
  • Be enrolled in a GED or correspondence school program.
  • Be attending a home-school program in an equivalent qualifying grade.

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, 2027. Only online submissions will be accepted for the Contest. Completing all 20 questions is required. The specific answer choices do not affect eligibility or 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, 2027.

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 administration of the Contest, or 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, 2027. The winner must provide publicity photos, contact information, and school information to receive the 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 the 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.

Financial education resources for students

These Money Fit resources can help students and families continue building practical financial skills.

Money Fit scholarship FAQs

Is the 2026-2027 Money Fit National Scholarship application open?

Yes. The application period runs from September 1, 2026 through 11:59 PM HST on July 15, 2027. Eligible students must submit the online application before the deadline.

Who can apply?

Applicants must be United States citizens or legal residents who reside in the United States, have permanent residence in one of the 50 states or the District of Columbia, are ages 14 to 20 as of July 15, 2027, and meet the school enrollment requirements in the official rules.

How do students apply?

Eligible students must complete the online scholarship application, provide accurate contact and school information, answer all 20 required multiple-choice questions, and submit one entry before the deadline. Mailed and emailed entries are not accepted.

Do the answers affect the random drawing?

No. Students must answer all 20 multiple-choice questions, but the specific answer choices do not affect eligibility or chances in the random drawing.

Can a student enter more than once?

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

How is the winner selected?

After the application period closes, Money Fit reviews entries for eligibility and uses a digitally randomized program to select one winner from all eligible entries.

What can the scholarship be used for?

The $1,000 scholarship is intended for education-related costs such as tuition, books, or supplies.

When will the winner be announced?

The winner will be announced on the Money Fit scholarship site on or before August 1, 2027. The scholarship is paid within three months of the announcement, subject to the award terms in the official rules.

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