Terms and Conditions

Official Scholarship Rules


The Credit Sesame Financial Literacy Scholarship Program (the “Scholarship Program” or “Scholarship”) is sponsored by Credit Sesame, Inc. (“Credit Sesame”). By entering the Scholarship Program and accepting the terms herein, you agree to be bound by the following rules (“Official Rules”), which constitute a binding agreement between you and Credit Sesame.


No Purchase Necessary

No purchase or payment necessary to enter or win.



Subject to these Official Rules, the Scholarship is open only to United States citizens or permanent residents physically residing in the United States and the District of Columbia, who (i) are at least 18 years old as of the date of application; and (ii) are currently enrolled full time in an accredited 2-4 year technical/vocational college or university, as governed by the U.S. Department of Education website The Scholarship is open to undergraduate students, graduate students, and professional students with at least one full academic year remaining in their relevant program. Scholarship recipients will be required to provide enrollment and unofficial transcript verification.

The Scholarship will not be paid to colleges or universities outside of the United States. The Scholarship is void outside the United States or where prohibited or restricted by law or where bonding, registration, or other requirements would be required but have not been met. All applicable federal, state, and local laws apply.

The Scholarship shall be open to all applicants regardless of race, color, religion, sex, national origin, disability, age, or veteran status. Employees of Credit Sesame, Inc. and their respective parents, affiliates, subsidiaries, and any other party involved in the development or administration of this Scholarship, and their immediate family members or household members are not eligible to apply or receive a Scholarship. Past recipients may not apply for additional Scholarship awards.


Application Period:

Credit Sesame will select two Scholarship recipients during the 2019 – 2020 academic year. Applications will open at 11:59 PM PST on April 18, 2019 for the first Scholarship round and must be received by 11:59 PM PST on October 30, 2019. Applications received after this deadline will automatically be applied to the next deadline, April 30, 2020 at 11:59 PM PST. Scholarship recipients will be selected and notified within sixty (60) days of the application deadline.


How to Enter:

Applications must be submitted online on the Scholarship page. Applicants will be required to submit their personal contact information, academic information (including overall average grade point average (“GPA”) at the time the application is submitted) , credit habits, and career related objectives. Applicants will also be required to write an essay answering a specified essay prompt. The essay text will be submitted into a text box in the overall application form on the Scholarship page. Multiple entries will not increase the odds of winning. Credit Sesame will not use, publicly display, distribute, publish, create derivatives of, use in promotional materials, or copy your application and responses without your written consent. Credit Sesame expressly reserves the right to disqualify any applicant and/or applications that are inaccurate, incomplete, or that Credit Sesame believes in good faith to be generated by an automated means or scripts or are the result of plagiarism. Applications generated by script, macro, or other automated means, are void. Applicants must submit original content. Applicants must not submit content that violates or infringes another’s rights, including, but not limited to, privacy, publicity or intellectual property rights. More specifically, applicants must not in any way mention, refer or otherwise allude to the name, brand, product, logo, or trademark of any third party. No images may be submitted. Applicants must not submit content that is inappropriate, indecent, lewd, pornographic, obscene, hateful, tortious, defamatory, slanderous or libelous (as determined by Credit Sesame at its sole discretion). Applicants must not disparage Credit Sesame, or any other person or party affiliated with the promotion and administration of this Scholarship.


Student Information:

All information collected as a part of the Credit Sesame Scholarship Program will be used for the purposes of the Scholarship award. Credit Sesame will not sell any information submitted as a part of the Scholarship application process to any third-parties.


Available Scholarships – The Credit Sesame “Financial Literacy Scholarship”: Two (2) $2,500 Scholarships.

Credit Sesame will select two Scholarship recipients during the 2019 – 2020 academic year. Credit Sesame will award a check made payable to the Scholarship recipient’s accredited college or university after receiving proof of enrollment. Recipients are required to have a full academic year remaining in their relevant program to receive the Scholarship. Scholarships that are not used for the academic term for which they are awarded will be forfeited. If any potential recipient fails to provide proof of identity, proof of enrollment, is found to have violated the Official Rules, or otherwise does not meet eligibility criteria, or if it becomes impossible or impractical to use the Scholarship for the purpose designated, or if the Scholarship is determined to be in conflict with any federal, state, or local law, regulation, or ordinance, then the Scholarship will be forfeited and may be awarded at Credit Sesame’s sole discretion to an alternate applicant, subject to verification of eligibility.

Scholarships may not be assigned or transferred. No cash equivalent Scholarship will be awarded. The awarding of any Scholarship is contingent upon full compliance with these Official Rules. Credit Sesame is not responsible for any typographical or other error in the printing of the Scholarship, the administration of the Scholarship, or in the announcement of the Scholarship.


Selection of Recipients:

Completed Scholarship applications will be reviewed by neutral representatives of Credit Sesame, that are qualified based on the identified application criteria, to determine the recipient of each Scholarship in Credit Sesame’s sole discretion. Applications will be judged based on the following criteria: GPA, written communication skills, commitment to financial literacy, personal credit management, academic ability, and overall application strength. In the event of a tie, Credit Sesame representatives will hold a phone or video conference with the applicants to determine a single Scholarship recipient for that Scholarship period. All decisions are final. Credit Sesame reserves the right not to award a Scholarship if, in its sole discretion, it does not receive any qualified applications.


Recipient Notification:

Scholarship recipients will be notified via the contact information provided to Credit Sesame during the application process, which can be via email, mail, or phone. If an award notification is returned as undeliverable or a potential recipient does not supply the required verification within the time specified, the award will be forfeited and may be awarded to an alternate recipient at Credit Sesame’s sole discretion.


Award Payment:

The Scholarship will be awarded to the recipient and paid directly to his/her accredited college or university for tuition for the academic term following their win. No Scholarship monies will be paid directly to the recipient. No payment of any Scholarship will be granted until Credit Sesame is able to verify enrollment and GPA at the educational institution.


Publicity Release and License

By participating in the Scholarship, recipient irrevocably grants to Credit Sesame the perpetual right, without any liability to any person or entity, to reproduce, adapt, transmit, distribute, communicate, make available, and otherwise use any submission in any medium and in any manner, now or hereafter known, without further permission or compensation to recipient.

Except where prohibited by law, recipient authorizes and irrevocably grants permission for Credit Sesame, and those acting in its authority, to use recipient’s name, likeness, photograph, Scholarship information, including essay content, the name of recipient’s educational institution and field of study, video recordings, digital images, audio recordings, and all other media now known or hereafter discovered, for promotional purposes without further permission or compensation.


General Terms:


Credit Sesame is not responsible for lost or incomplete applications or technical, hardware, software or telephone failures of any kind, lost or unavailable network connections, fraud, incomplete, garbled or delayed computer transmissions, whether caused by Credit Sesame, users, by any technical or human error which may occur in the processing of submissions which may damage a user’s system, or limit a user’s ability to participate in this Scholarship. Credit Sesame reserves the right, in its sole discretion, to cancel or suspend this Scholarship Program should a virus, bug, computer problem, unauthorized human intervention, or other cause beyond Credit Sesame’s control inhibit or corrupt the administration, security, or fairness of the Scholarship Program, and Credit Sesame may disqualify any person who engages in or attempts any such activity.

Credit Sesame reserves the right to modify or terminate the Scholarship Program at any time for any reason in its sole discretion, with or without notice. Scholarship recipient is solely responsible for any state or federal tax liability in association with acceptance of the Scholarship. If any provision of the Official Rules of this Scholarship shall be held void, voidable, or unenforceable, the remaining provisions shall remain in full force and effect. Void where prohibited by law. Except as regarding any action seeking equitable relief, including without limitation for the purpose of protecting any Credit Sesame confidential information and/or intellectual property rights, any controversy or claim arising out of or relating to the Scholarship Program or these Official Rules shall be settled by binding arbitration in accordance with the commercial arbitration rules, in effect at the time the proceedings begin, of the American Arbitration Association. Any such controversy or claim shall be arbitrated on an individual basis and shall not be consolidated in any arbitration with any claim or controversy of any other party. The arbitration shall be held in the state of California.