One Dollar College will decrease financial stress on families, thwart student loan debt, and encourage the art of philanthropy through the scholarship opportunity.
One Dollar College Foundation seeks to eliminate student loan debt one student at a time by sending gifted high school students to colleges and universities on full-ride scholarships garnered by nationwide, individual donations of just one dollar. Our goal is to partner with educational programs and institutions that support the exploration of talent and creativity to help students along their career paths. We value the people whose contributions support our foundation by providing students with access to education, resources and tools necessary for future success. At One Dollar College, we envision a nation where every young adult has the opportunity to pursue higher learning without focusing on the potential debt.
Although some academically gifted students are granted a combination of scholarships, governmental and institutional grants, many must still rely on subsidized and/or unsubsidized loans to cover tuition balances, room & board, meal plans, and books. Although the EFC (estimated family contribution) is truly unrealistic for the student’s family, parents (with mounting financial challenges) are forced to borrow from their retirement, 401(k), take out second mortgages on their home – whatever it takes to make sure their deserving child gets a chance at a higher education. We applaud their efforts and understand their commitment, but we’ve found another way!