2026-2027 Money Fit National Scholarship Application
Eligible students ages 14 to 20 can apply online for a chance to receive a $1,000 scholarship for education-related expenses. Submit one complete application by 11:59 PM HST on July 15, 2027.
Submit your scholarship application
Complete the application in one session. Use accurate contact and school information, answer every required question, review the entry, and submit it only once.
The application includes 20 required multiple-choice questions about personal finance. The specific answers selected do not affect eligibility or the applicant's chances in the random drawing.
Check eligibility before applying
Applicants must meet the residence, age, school enrollment, and entry requirements in the official rules.
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.
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.
What happens after an application is submitted
A complete submission enters the review process. Eligibility is confirmed before any entry is included in the drawing.
The application is submitted
Money Fit receives the applicant's contact, school, eligibility, and questionnaire information.
The entry is reviewed
Money Fit reviews entries for completeness, eligibility, rule compliance, and duplicate submissions.
The winner is selected
One winner is selected through a digitally randomized drawing from all eligible entries and announced on or before August 1, 2027.
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.
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. 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 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.
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 or the District of Columbia, 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 at a public, private, religious, or charter school.
- Be enrolled full-time, with 12 or more semester credit hours, in the first or second year of college.
- 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.
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.
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.
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.
Use accurate information and keep your confirmation
Money Fit by DRS may review entries for eligibility and disqualify entries that do not follow the rules. Submit your own information, complete every required item, enter only once, and keep a record of the submission confirmation.
Scholarship application 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.
Can a student submit more than one application?
No. Only one entry is permitted per student. Multiple entries result in disqualification.
Do the answers to the 20 questions affect the drawing?
No. Applicants must answer all 20 multiple-choice questions, but the specific answers selected do not affect eligibility or chances in the random drawing.
Should the application be completed in one session?
Yes. Set aside enough time to complete the required information and all 20 questions in one session. Review the entry before submitting it and keep the confirmation for your records.
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.
Scholarship and financial education resources
Review the scholarship overview or continue building practical personal finance skills through Money Fit.
