Scholly is a scholarship search tool that is really easy to use!
The price tag for college is undeniably expensive. Although you can pay for your education with student loans or a job, the best way to pay for college is in the form of free money. And Scholly helps with that!
Free money includes scholarships and grants that you don’t have to pay back. You don’t have to worry about looming interest payments or juggling classes around a job.
The biggest thing standing between students and free money is the time commitment often required to find scholarship opportunities. Scholly offers a way to streamline your scholarship search.
Let’s explore what the platform has to offer you.
Quick Summary
- Scholly is a platform to help you find free money for school.
- The platform has helped students win more than $100 million in scholarships.
- You can also earn money when you work with the platform’s partners.
Scholly Details | |
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Product Name | Scholly |
Monthly Fees | $4.99 for one month $24.99 for six months $34.99 for 12 months |
Scholarship Updates | Thousands each month |
Promotions | Earn $40 for signing up for Stash or Acorns |
What Is Scholly?
Scholly was founded by Christopher Grey. Grey was inspired to launch the platform after winning over $1.3 million in scholarships, which enabled him to pay for his education at Drexel University.
The platform has helped students win over $100 million in scholarships. Plus, it has some big-name investors onboard. For example, Lori Greiner and Daymond John both invested in the app during a Shark Tank special.
In 2023, Scholly was acquired by student loan lender Sallie Mae.
What Does It Offer?
Any platform that helps you find free money for college is definitely worth a look. Here are details around what Scholly and what it offers.
SchollySearch
SchollySearch is the flagship feature of the app. With the help of Scholly, you can find scholarships and grants you might qualify for.
The process starts by filling out a student profile in the app. Once you’ve provided this information about yourself, the platform will match you with active scholarship opportunities.
As you explore your options, you’ll have the ability to sort through the results based on due dates, award amounts, and level of effort. Once you have a prioritized list, you can start filling out your scholarship applications.
Monthly Updates
Each month, the Scholly database is updated with thousands of new scholarships. Regular updates to the database mean that you’ll always see the latest scholarship opportunities.
According to Scholly, the average user gets matched with over $2 million in scholarship opportunities throughout the year. Although you might not choose to apply to every scholarship you match with, at least you’ll have a better picture of the opportunities available to you.
SchollyOffers
SchollyOffers is the latest component of the Scholly platform. As a part of SchollyOffers, you’ll find opportunities to earn money by signing up for financial products.
As of this writing, you could score $40 for signing up for Stash or Acorns through the platform. According to Scholly, you could earn over $500 by signing up for financial products through the platform.Are There Any Fees?
Although you get started with a free three-day trial, Scholly isn’t a free service. After the free trial expires, you’ll need to choose a subscription option.
Unfortunately, these costs are hidden in the FAQs section of the website. The options are $4.99 for one month, $24.99 for six months, or $34.99 for 12 months. You can cancel at any time.
How Do I Contact Scholly?
If you need to get in touch with Scholly, you can email info@myscholly.com.
The app has earned relatively positive reviews. On the Apple App Store, Scholly earned 3.7 out of 5 stars. In the Google Play Store, Scholly earned 4 out of 5 stars.
How Does Scholly Compare?
Scholarships can be a game changer for your college career, especially if you graduate without a lot of student loans. But Scholly isn’t the only way of finding scholarship opportunities.
One free option is the Department of Labor’s scholarship-finding tool. Although a bit clunky, it can help you search through over 9,000 free money opportunities. There's also Scholarships.com, which is completely free to use.
College Board’s scholarship search tool is also a free way to find scholarships. Unlike Scholly, this tool also helps you with choosing a college that suits your goals.
Scholarship Owl is another paid platform, similar to Scholly but also offers a VIP tier for $69. This tier gives you access to six hours of webinars on college admissions, and someone will proofread a 500-word essay every month.
If you are willing to do some of the sorting yourself, you can find plenty of scholarship opportunities without paying for Scholly’s service.
Here are our favorite Scholarship websites.
Header | |||
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Rating | |||
Pricing | $4.99 for 1 month $24.99 for 6 months $34.99 for 12 months | Free $60 for 6 months (Premium) $69 for VIP | Free |
Mobile App | Yes | No | No |
Cell |
How Do I Open An Account?
SchollySearch and SchollyOffers are divided into two separate sign-up processes. If you are interested in the scholarship functions, the process of opening an account starts by entering your email address and creating a password.
From there, you’ll fill out your profile. With that information, Scholly will start matching you to scholarships. If you decide to use the app for more than three days, you’ll be prompted to enter a payment method.
Get started with Scholly here >>
Is It Safe And Secure?
You don’t have to worry about Scholly selling your information. According to the platform’s privacy policy, it does “not sell or share your personal information with advertisers or with third parties for their direct marketing purposes.”
Who Is This For And Is It Worth It?
The ability to find college scholarships could transform your financial future. Scholly offers one way to help you find free money for college.
It’s been a worthwhile option for many students as the platform has a whole page of testimonials from students who won big scholarships. The impressive stat of helping students win $100 million in scholarships is also enticing.
The cost is relatively minimal. But if you can’t afford to pay for the membership fee, you still have the option to find college scholarships on your own. For example, the Department of Labor offers a free but clunky scholarship search tool.
If you prefer the streamlined option, Scholly may be worth it for you. But if you don’t want to pay for help, consider these other scholarship search websites.
Scholly Features
Monthly Fees |
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Frequency of Scholarship Updates | Thousands of new scholarships each month |
Scholarship Opportunities | $100 million in scholarships, with average user gets matched with over $2 million in scholarship opportunities throughout the year. |
Earn Cash Back | Opportunities to earn $40 for signing up for Stash or Acorns. Earn over $500 by signing up for financial products through the platform. |
Customer Service Email | info@myscholly.com |
Mobile App Availability | |
Web/Desktop Account Access | Yes |
Scholly Review: A Delightful Way To Find Scholarships
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Ease of Use
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Monthly Scholarship Updates
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Fees
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Positive Reviews
Overall
Summary
Scholly is a scholarship platform designed to help you save time and effort in finding free money for college.
Pros
- A simple way to find scholarships
- Many find and win scholarships through the platform
- Extensive database of scholarship opportunities
Cons
- There’s a fee to use the service
- No guarantee of winning scholarships
- No assistance in preparing scholarship applications
Sarah Sharkey is a personal finance writer covering banking, insurance, credit cards, mortgages and student loans. She has written for numerous finance publications, including MagnifyMoney, Business Insider and ChooseFI. Her blog, Adventurous Adulting, helps young adults get a handle on their finances.
Editor: Claire Tak Reviewed by: Robert Farrington