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Scholarship America®, the nation’s leading nonprofit scholarship and educational support organization, has earned Charity Navigator’s coveted 4-star rating for the ninth consecutive year for sound fiscal management. Scholarship America was also rated as the fourth highest performing charity for excelling in three areas: financial strength, accountability and transparency, and effectiveness and results.
As America’s premier charity evaluator, Charity Navigator rates charities on their ability to efficiently manage and grow their finances. Only one percent of charities rated by Charity Navigator have received 4-star evaluations nine years in a row, indicating that Scholarship America outperforms most charities in America.
“On behalf of Charity Navigator, I wish to congratulate Scholarship America on achieving our coveted 4-star rating,” said Ken Berger, President/Chief Executive Officer of Charity Navigator, in a letter to Scholarship America. “This exceptional designation from Charity Navigator differentiates Scholarship America from its peers and demonstrates to the public it is worthy of their trust.”
Charity Navigator highlights the work of efficient charities like Scholarship America, and provides donors with essential information needed to give them greater confidence in the charitable choices they make. Charity Navigator’s website currently attracts more visitors than all other charity rating groups combined, thus making them the leading charity evaluator in America.
“Over the last two decades, tuition has increased rapidly, and many students are graduating college with more debt than they can handle, or they’re foregoing college altogether,” said Lauren Segal, president and CEO, Scholarship America. “As Scholarship America gets ready to celebrate our 50th year of helping students succeed, we recognize that our mission of making postsecondary education possible for all students has never been more important.”
“Those who wish to share in our mission of expanding access to educational opportunities can do so with confidence, knowing that Scholarship America is a financially responsible organization that puts students first,” Segal added.
Janine Fugate, Scholarship America
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About Scholarship America
Scholarship America is a national education service organization that mobilizes support for students getting into and graduating from college. We have three core programs that help us achieve our mission: Dollars for Scholars, Scholarship Management Services, and Dreamkeepers. Scholarship America has distributed more than $2.5 billion in scholarship assistance to more than 1.7 million students since 1958.
Scholarship America’s Dream Award is a renewable scholarship fund targeted toward completion. These annually-increasing awards will be given to students selected from across the nation who are entering their second year of education beyond high school.
Scholarship America's blog, Success By Degrees, covers items of interest to parents, volunteers, educators and anyone interested in the big issues surrounding education, financial aid and postsecondary success. You'll find policy announcements, news releases and more, every week!
Nearly 1/4 of the U.S. population owes a collective $700 billion in student loan debt. We are committed to helping more students graduate from college with less debt. A gift of just $1 a day -- for a week, for a month, or for a year -- can help ensure that students are able to achieve their goals.