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College Scholarship

Factor Finders $1,000 Semi-Annual U.S. College Scholarship

Education is the first step of becoming a successful business owner, and Factor Finders values the hard work and dedication it takes to obtain a degree from a college or university, just as starting a business requires that same tenacity. To prove how much we value these qualities, Factor Finders is offering a scholarship for students to put toward receiving their degree.

Factor Finders helps small businesses get the funding they need to improve their cash flow with through invoice factoring, and one of the biggest benefits of factoring is that the money does not need to be paid back, minimizing debt. Just as Factor Finders helps small businesses to avoid negatives on their balance sheet, we want to do the same for students.

To apply:

  • You must be an incoming freshman or a full-time undergraduate college student at an accredited 4-year university in the United States as of July, 20, 2020. Proof of full-time enrollment is required. If you are an incoming freshman, you must provide an acceptance letter. Applicants must be 18 or older, and a legal U.S. resident.
  • An essay must be submitted answering “How has social media changed how businesses operate?”
  • We reserve the right to verify the date of college enrollment and graduation.


Write an essay answering, “How has social media changed how businesses operate?”

Submit the essay as a PDF or Word attachment via email to scholarships@factorfinders.com from your .edu email address using “Factor Finders National Business Scholarship” as the subject line. The essay should be a maximum of 750 words.

Submissions past July 20, 2020, will not be accepted for Spring.

The winner will be selected by a scholarship evaluation committee at Factor Finders.

The scholarship winner will be notified via email by July 30, 2020, and will have two weeks to reply and provide proof of enrollment. Non-winners will not be notified.

The $1,000 scholarship will be awarded in check form, made payable directly to the university that the winner is or will be attending.

Additional Requirements

The scholarship recipient is required to submit proof of enrollment or a copy of an acceptance letter from the college/university of their choice. If the selected winner does not respond within two weeks from initial contact or cannot provide proof of enrollment, a new winner will be chosen.

It is the responsibility of the winner to verify the receipt of the fund with their school. This scholarship can be used for any school-related expenses, such as tuition or room-and-board.

The deadline for submissions for the Fall 2020 scholarship is July 20, 2020, and the winner will be notified by email on or before July 30, 202020.

Entries must be the original work of the applicant; entries may not have won previous awards; may not have been used publicly by any third party; must not infringe on any third-party’s rights; must be suitable for publication (example, no obscene, offensive or indecent content is allowed); may not contain any copyrighted works owned by third parties. All essays will be checked for plagiarism. Submissions must be written in English and only one submission will be allowed per applicant.

Announcing Our Spring 2020 Winner

Johnny Pham, a software engineering and engineering management student at Robert Morris University has been chosen as the recipient of our scholarship. Pham is a first-generation student to attend college in the United States. Pham says he has plans to create his own tech company one day. Congratulations Johnny!

Announcing Our Fall 2019 Winner

Charles Jones, an incoming freshman at Texas State University, was chosen as the recipient of the Fall National scholarship! Jones plans to study civil engineering with the hope of developing more sources of renewable energy in the future. Congratulations Charles!

Announcing Our Spring 2019 Winner

West Chester University freshman Jessica Wallower is our Spring Factor Finders National Business Scholarship winner! Wallower is studying marketing and business with the hopes of working toward developing new technological advancements. Congratulations Jessica!

Announcing Our Fall 2018 Winner

Valerie MacMillan, a first-year Dietetics/Nutrition major from Mount Mary University, hopes to use her past knowledge from her Associate’s degree in Culinary Arts, combined with her Dietetics/Nutrition degree to make nutritious foods accessible to underprivileged communities. Congratulations Valerie!

Announcing Our Spring 2018 Winner

Jhalyn Johnson, a senior Liberal Arts major at Neumann University, was chosen as the winner of the National Factor Finders scholarship for the Spring of 2018. Johnson likes reading, sewing, cooking and traveling, but claims their main passion is writing. After graduation, Johnson hopes to start a content marketing business. Congratulations Jhalyn!

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By entering, the winning applicant grants Factor Finders, LLC permission to post the applicant’s name, school or university, major, career plans and winning essay for promotional purposes. No other personal information will be shared without your written permission.

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