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ISL Education Lending Scholarship

Fall Registration Closed

Spring Registration Opens
January 6

Awards for Iowa High School and College Students and Their Parents and Guardians

Forty-Five $1,000 Awards

The ISL Education Lending Scholarship awards 45 deposits of $1,000 into ISave 529 (formerly College Savings Iowa) accounts for Iowa residents in high school or undergraduate college, or the parents, guardians or others who hold an ISave 529 account for high school or undergraduate college student.

What You Need to Know

Who is eligible?

To be eligible, you must be an Iowa resident and either:

  • An Iowa high school student (ninth–12th grade).
  • An undergraduate college student (freshman–senior).
  • A parent or guardian of, or another adult who holds an ISave 529 account to benefit, an Iowa high school student or an undergraduate college student.

This scholarship was easily accessible and there were no hassles! Loved the process and very insightful!

Avary, spring 2024 scholarship participant, Trustpilot review (February 20, 2024)

Who can enter?

Legal residents of the United States who reside in the state of Iowa and who are either: an Iowa high school student, an undergraduate college student, or a parent or guardian, or another adult who holds an ISave 529 account to benefit, an Iowa high school student or an undergraduate college student.

How do I enter?

Simply visit the registration page to enter your information and, if you are a student, your parent’s or guardian’s information. You must accept and agree to be bound by the Official Rules for the scholarship.

What else do I need to do?

Although you do not need to do anything additional, and no purchase is necessary, continue to the informational pages after registration and answer the three multiple-choice questions about the tips you see. These pages provide valuable information to assist you with the postsecondary education journey.

Is there a way to go back and see the informational pages at a later time?

No; the informational pages are only available after registration. You do not need to complete the questions on these pages for your entry to the scholarship to be considered valid.

Is there a deadline to enter?

There are two registration periods each academic year, one in the fall and one in the spring. You may enter both registration periods each year. To be entered into a drawing, you must register before the end of the current registration period.

Do I need to have an existing ISave 529 account to enter?

No; you do not need to have an existing ISave 529 account to enter. However, if you are selected as a potential winner and do not already have an ISave 529 account for the eligible student named in the registration information, you will need to open an account and provide the account information to us within 30 days after being notified that you are a potential winner. Note: Only people 18 or older may open an ISave 529 account; underage students will need to work with an adult with a valid Social Security number or other taxpayer ID number to open a new account.

If we do not have the necessary account information with 30 days, you will be disqualified and you will forfeit the award.

How many times can I enter?

Each student may enter on their own behalf once. One parent, guardian or other adult may also enter the student once during each registration period for a total of two entries per student beneficiary. Additional entries to benefit the same student will not be considered.

Can multiple parents or guardian enter for the same student?

No; an eligible student can only be entered into the scholarship drawing once per registration period by a parent, guardian or other adult who holds an ISave 529 account to benefit that student. The student may also enter themselves once during the same registration period.

How are winners chosen?

Forty-five entries will be randomly drawn to each receive a $1,000 deposit into an ISave 529 account.

If my entry is drawn as a winner, what do I need to do to receive the award?

To receive an award, the potential winner must meet all eligibility requirements; have, or open with 30 days, an ISave 529 account in the name of the eligible student named in the registration information; and provide, via electronic acceptance form(s) all information necessary for us to deposit the award into the ISave 529 account.

How will I be notified if I win?

If your entry is chosen in a drawing, you will be notified via the email address and/or phone number you provided in your registration information. If we are unable to reach you by these means and you miss any deadlines, you will forfeit the award.

What if a winner is disqualified or determined to be ineligible?

If a potential winner is disqualified before awards are disbursed, the award will be granted to an alternate, eligible winner. If a potential winner fails to return the necessary ISave 529 account information to us within 30 days of notification, the award will be forfeit and not be re-awarded to any other participant.

Can an award be split up and divided among multiple ISave 529 accounts or deposited into an account for another eligible student?

No; the award can only be deposited into an ISave 529 account that is in the name of the eligible student listed on the registration information for the selected entry.

Why do I receive emails from ISL Education Lending?

All registrants in the ISL Education Lending Scholarship automatically receive a series of emails containing tips on planning for and paying for education after high school. In addition to these tips emails, participants may receive notifications about the scholarship program. These emails are sent only during and following a registration period.

Participants who opted in or didn’t opt out to receive additional information from ISL Education Lending may receive additional emails. If you do not receive additional information but would like to, you can sign up now.