Money Fit National Scholarship
2025-2026 Money Fit National Scholarship
Applications are open for the 5th Annual Money Fit National Scholarship. One eligible student will be randomly selected to receive a $1,000 scholarship for education-related expenses.
Previous Money Fit scholarship winners have represented these schools.
Where to start
Check the deadline, age range, school requirements, residence requirements, and one-entry limit before applying. Eligible students must submit the online application by 11:59 PM HST on July 15, 2026. Mailed and emailed entries are not accepted.
A complete entry includes answers to 20 multiple-choice questions. The specific answer choices do not affect the random drawing. Eligible entries are included in the drawing after the contest entry period closes.
Key scholarship facts
Review the official rules before applying. These are the main dates, limits, and award details to know first.
Award
One $1,000 scholarship will be awarded through a random drawing from all eligible entries.
Application window
The contest entry period begins Sept. 1, 2025 and runs through July 15, 2026.
Deadline
Entries must be submitted online by 11:59 PM HST on July 15, 2026.
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
Entries must be submitted online. Mailed and emailed entries will not be accepted.
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
Eligible applicants must 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 scholarship drawing works
The scholarship process is built around eligibility, a short personal finance questionnaire, and a random drawing.
1. Review eligibility
Read the age, school, residence, entry, and ineligibility rules before submitting the application.
2. Complete the application
Submit the online application and answer all 20 required multiple-choice questions before the deadline.
3. Eligible entries enter the drawing
After the contest period, Money Fit by DRS uses a digitally randomized program to select the prize winner from eligible entries.
Money Fit National Scholarship Drawing General Rules
The following sections present the scholarship drawing rules in a readable format. Applicants should review the rules before applying.
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.
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.
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.
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.
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.
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
Who is eligible to apply?
Eligible applicants must be United States citizens or legal residents, ages 14 to 20 as of July 15, 2026, who meet the school and residence requirements in the scholarship rules.
What is the application deadline?
Entries must be submitted online by 11:59 PM HST on July 15, 2026. Late, incomplete, mailed, or emailed applications will not be accepted.
How is the winner selected?
One winner is selected by random drawing from all eligible entries. Completing all 20 questions is required. The specific answer choices do not affect chances in the random drawing.
When will the winner be announced?
The winner will be announced on the contest site on or before August 1, 2026.
Can I enter more than once?
No. Only one entry per student is permitted. Multiple entries will 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.
Submit the online application before the deadline
Eligible students must complete the online application before 11:59 PM HST on July 15, 2026. Review the rules first so you understand the entry limit, drawing process, and award terms.
