The Scholarship Selection Process

The Fair Rate Funding “Fairness” Scholarship group will review each submission and transcripts if received on or before June 21, 2021.  The group will select one winning applicant to receive the scholarship money.  The group’s decision will be final. No appeals will be heard.

The Fair Rate Funding “Fairness” Scholarship winner may be required to submit further documentation to supplement his or her application materials, including proof of college enrollment or admission.   In the event the scholarship winner provides false or misleading information, Fair Rate Funding, at its own discretion, may choose to revoke the scholarship award. If this should occur, the scholarship winner must return any funds received. The scholarship group will then choose another scholarship winner.

Statement of Non-Discrimination

When evaluating submissions, the selection group will not discriminate based on gender, race, religion, age, national origin, sexual orientation or preferences, disability, or inclusion in any other legally protected class.

Applicant Status Notification

The June 21, 2021 submission deadline for the Fair Rate Funding “Fairness” Scholarship will be strictly enforced. Under no circumstances will the scholarship deadline be extended. The selection committee will not evaluate any applications or related materials received after that date.

Fair Rate Funding will provide notification to the winning applicant within 60 days following the application deadline.

Privacy Statement

All personal information received will be held in the highest regard by Fair Rate Funding and will only be used to select the winner of the Fair Rate Funding “Fairness” Scholarship.

Data will not be sold, shared, or in any other way distributed to a third party or the public except as necessary to announce the winner. Fair Rate Funding will destroy all personal information after the evaluation period is complete.

Fair Rate Funding reserves the right to publish the scholarship winner’s name and image on our company website and third-party media outlets.