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Home / News / Ascent Offers $10,000 Summer Scholarship

Ascent Offers $10,000 Summer Scholarship

Updated: May 30, 2025 By Robert Farrington | 3 Min Read Leave a Comment

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Ascent $10,000 Scholarship | Source: The College Investor

Key Points

  • Ascent’s $10,000 Summer Support Scholarship is open now through September 15, 2025, and requires no essay to enter.
  • Students and parents can apply by completing a simple online form and following social media steps.
  • Ascent has awarded over $335,000 in scholarships to date, and offers other no-essay scholarships throughout the year, making it a popular option for students looking for low-effort ways to cover the cost of school costs.

Ascent is offering students and parents an opportunity to enter the $10,000  Summer Support Scholarship Giveaway, open through September 15, 2025. Entering is as simple as completing a form and engaging on social media.

Applicants must be at least 14 years old and currently enrolled in a high school, college, or skills training program. Parents of enrolled students can also apply on their child’s behalf. 

To enter, participants can complete a short online form, follow @AscentFunding on Instagram, tag three friends, and repost the scholarship announcement to their stories using the hashtag #AscentSponsored.

The sweepstakes-style drawing offers one winner a $10,000 scholarship, which can be used for tuition, books, or other educational expenses. It’s a straightforward way to enter the sweepstakes, without having to submit transcripts, essays, or long-form applications.

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Scholarships Are A Great Way To Pay For College

For students and families figuring out how to pay for college, scholarships are one of the most effective tools to lower borrowing costs. Unlike loans, scholarships don’t need to be repaid. They can help cover the gap between financial aid and actual college costs, including tuition, housing, and materials.

Many scholarships, ask for essays, reference letters, or resumes. That process can be time-consuming. Ascent’s no-essay format removes those barriers, making the entry process more accessible, especially for students juggling jobs, schoolwork, and financial stress.

And while only one person wins the $10,000 scholarship, Ascent offers multiple other scholarship opportunities throughout the year. 

These include monthly and seasonal non-essay opportunities that are free to enter. Some are geared toward students pursuing degrees, while others are open to parents, high schoolers, or people in technical training programs.

More Than A Giveaway

Beyond the scholarship, Ascent’s goal is to promote financial wellness and education - especially as it relates to paying for college.

The application form includes questions about confidence in managing personal finances, biggest college funding concerns, and preferred sources of support – so that they can use these responses to tailor better products to students in the future

While applying for scholarships won’t solve every financial challenge related to college, free money like this can take the edge off. 

For many students, it’s worth spending a few minutes completing an entry. And, for families looking ahead to the fall semester - the chance of winning $10,000 can be a helpful motivator to investigate similar opportunities.

How To Apply

Here's how to apply:

  • Visit Ascent Funding’s official Instagram (@AscentFunding).
  • Like the scholarship post and tag three friends in the comments with #AscentSponsored.
  • Repost the announcement to your Instagram story and tag @AscentFunding.
  • Complete the contact form on Ascent’s website.
  • Submit your entry before September 15, 2025, at 8:59 AM PT.

No purchase is required. The giveaway is open to legal residents of the U.S. who meet the enrollment criteria. Official rules are available on Ascent’s website.

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Editor: Colin Graves

Robert Farrington
Robert Farrington

Robert Farrington is the founder of The College Investor and is widely recognized as one of the nation’s leading voices on student loan debt and saving for college. He holds an MBA from UC San Diego Rady School of Management and has spent over 15 years researching, writing, and advising on student loans, 529 plans, financial aid programs, and saving and investing for young professionals.

Robert has been featured in the The New York Times, The Wall Street Journal, The Washington Post, NBC News, and Forbes, where he has been a regular personal finance contributor for over a decade. His work combines both professional expertise and personal experience – he successfully navigated his own student loan repayment journey and has helped thousands of readers do the same.

He is committed to making the intersection of personal finance and education transparent and accessible. You can learn more about Robert on the About Page or on his personal site RobertFarrington.com.

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Editorial Disclaimer: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, or other advertiser and have not been reviewed, approved or otherwise endorsed by any of these entities.
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