The backstory behind CommonScholarshipApp
“Why is applying for scholarships such a headache?”
In her freshman-year dorm at the University of Pennsylvania, Rhea Saggi posed this question to her best friend and classmate, Cole Mattox. Unbeknownst to them at the time, this was the start of a journey that would lead them to formulate and build CommonScholarshipApp, the first scholarship platform built for the 21st-century student.
Students barely have enough hours in the day to attend classes, do homework, work a part-time job, hang out with friends, and hope for 7 hours of sleep, let alone search for and apply for scholarships individually, a process that can take up to 90 minutes per scholarship application. On top of that, when the average scholarship in this country is less than $1,000, and when the cost of attendance at American universities can run you somewhere between $40K-$70K per school year, students waste a lot of time applying for a chance to win inconsequential amounts of money.
Scholarships are more necessary now, more than ever before. The student debt bubble has become a trillion-dollar crisis, and with no end in sight, entire generations of America’s youth are embarking on adulthood with financial shackles around their ankles. Democratizing scholarship opportunities for every student in America is a non-negotiable step towards creating a more equitable future for all.
In an age where you can track your Postmates to your door, in an age where you can connect with people from all corners of the globe with a click of a button, scholarships don’t need to be stuck in the stone age.
We created CommonScholarshipApp to empower students who want to take control of their financial future, and pursue the college education they have worked so hard for. We welcome any questions, comments, and/or suggestions you may have.
Thank you for embarking on this journey with us, and welcome to the future of scholarships.