What Is the Scholly Scholarships App & Does It Work?

Updated on April 14th, 2024

For many students, the idea of a college scholarship app is incredibly appealing. It lets them find awards while on the go, which is far more convenient for busy students. There’s an excellent chance that students will come across the Scholly scholarships app during their app and scholarship search process. But is it worth signing up? Does Scholly actually work, or is it better to use another approach?

If your student is interested in finding scholarships now, they don’t have to limit themselves to the Scholly scholarship app. There are many potential approaches. If you and your student want to learn more about landing scholarships, sign up for our free college scholarship webinar! Take a quick trip over to http://thescholarshipsystem.com/freewebinar to reserve a spot today.

Ultimately, Scholly can provide value to students. If your student wants to know about the Scholly scholarships app and how it works, here’s what they need to know.

What Is the Scholly Scholarships App?

Before worrying about Scholly reviews, it’s helpful for students to understand what the Scholly app is and why people turn to it to find free money for college. In the simplest sense, Scholly is an app for scholarships that’s designed to simplify the search process. Students can download the app, sign up, and get matched with scholarships based on their profile.

But is Scholly legit? Just like the answer to the question, “Is the Scholarship System legit?” is “yes,” the Scholly app is a legitimate way to find scholarship opportunities.

Now, Scholly doesn’t offer the scholarships themselves. Instead, the app serves as an AI-supported search portal. It scans for active scholarships that could meet a student’s needs. Additionally, it allows users to sort the results based on a variety of criteria, including the due date, award amount, and the estimated amount of effort required.

In many ways, Scholly is one of the best scholarship apps around. It’s backed by a reputable company, is simple to use, and can connect students to legitimate scholarship opportunities.

It’s important to note that many students accidentally end up searching for the “scholarly scholarships app” when looking for Scholly. In many cases, autocorrect is to blame. However, this can lead students to accidentally get pointed to the wrong app (including some scam ones), so it’s critical to check the name to ensure they’re getting the genuine Scholly scholarships app before downloading.

Was Scholly on Shark Tank?

Yes, Scholly appeared on Shark Tank in 2015. Not only that, but the company landed a deal with Lori Greiner and Daymond John, securing the company extra funding and guidance from two sharks to help the app grow.

After Scholly’s appearance, interest in the app skyrocketed. The app became the number one downloaded application for more than three weeks both in Google Play and the iOS App Store.

While it’s no longer the most downloaded app, Scholly remains popular. It has over 100,000 downloads on Google Play and is also downloaded regularly from the App Store.

How the Scholly App Works

Scholly is functionally a scholarship search tool built into a convenient app platform. It mainly targets high school seniors and current college students who are looking for funds to cover the cost of their education.

The Scholly scholarship app uses AI and search mechanisms to match student profiles to available scholarship opportunities. Essentially, Scholly maintains a database of active awards, and it compares the requirements to students’ backgrounds, majors, interests, and other characteristics to find options they could explore.

Scholly works to ensure that scholarships are legitimate. For example, results don’t include awards that require Social Security numbers to sign up, as that’s a potential sign of a scam. Similarly, scholarships that charge large upfront fees are excluded, as fees of that nature are also red flags for scholarship scams.

Additionally, Scholly removes awards after the application due date passes. Even if the scholarship money is generally available every year, it won’t reappear on the app until the organization behind it is accepting new applicants.

 

Finding Scholarships with Scholly

Generally, scholarship search process with the Scholly app is simple. Here’s a breakdown of what students need to do.

Download the Scholly App

If your student wants to try Scholly, the first step they need to take is to download the app to a compatible mobile device. Android users can head to the Google Play Store to start the download. Apple users will need to take a trip to the App Store.

Downloading the app is entirely free. Additionally, while Scholly used to charge students a fee to use the service – with the highest cost breaking down to $4.99 per month – Scholly is now free of charge. The price changed after Scholly was acquired by Sallie Mae, the well-known education lender. As part of the acquisition (according to the Scholly FAQs page), it’s free to use today.

One reason that Scholly became free is that Sallie Mae changed the business model used to support the service. Previously, Scholly didn’t feature ads, so the company secured revenue to operate the app by charging subscription fees. Now, along with the scholarship search service, there’s Scholly Offers, a platform that matches students to specific strategic partners offering a variety of services. These types of partnerships usually generate revenue for the company showcasing them, giving Scholly a way to support its services without charging subscription fees.

Complete the Student Profile

After downloading the app, students can open it and create their accounts. During that process, they’ll need to complete their student profile.

The student profile is what the AI-supported algorithm uses to find potential scholarship matches. Students need to provide information about their background, achievements, and interests. That ensures the app has enough data to offer customized scholarship search and higher-quality results lists.

Review Scholarship Matches

Once a student completes their student profile on Scholly, they can initiate a search to see their potential scholarship matches. The app will consider thousands of possibilities, listing those that align with the data in a student’s profile.

Students can sort the results based on specific factors. For example, they can sort by the due date to find scholarships and awards they need to apply for right away. They can choose to see the scholarships based on the award amount or even sort by the amount of effort required to apply.

New scholarships are added to the database regularly. Students should check their results frequently to learn about new awards. This will allow them to access more scholarships, making it far easier to graduate debt-free.

When students find potential matches, they can learn more about how to apply and get the ball rolling on their application. If a student doesn’t have time to create an application right away, they can also bookmark the listing to make it easier to find later.

It’s critical to note that a scholarship appearing in the results list doesn’t guarantee that a student is eligible for an award. Scholarship committees may set requirements that aren’t connected to data in a student’s Scholly profile, or it may otherwise contain details that prevent students from fully qualifying. As a result, students need to review the results carefully to see if they genuinely match the requirements before moving forward.

Additionally, it’s wise to do a little due diligence before completing applications. While Scholly watches out for scams, caution is always wise. If a student has doubts about a scholarship’s authenticity, it’s usually better not to risk it if they can’t verify it’s a safe option.

Does the Scholly Scholarships App Work?

The Scholly scholarships app can help students find opportunities. However, there are some drawbacks to using the approach. First, there’s no guarantee that Scholly will actually cause students to secure an award. It’s merely a search platform, and Scholly showing a scholarship as a potential match doesn’t guarantee any specific student will win.

Additionally, any scholarship on the app is accessible without using Scholly search services. Students can technically search for these on their own, though it may require more effort if students aren’t familiar with the technique.

Scholly also incidentally increases competition. Any student with similar criteria may see the same results, so there could be more activity that makes it harder to land.

Finally, scams and sweepstakes can end up on Scholly. While they aren’t common, it happens. As a result, students shouldn’t assume every listing is safe. Instead, doing additional research is a must, ensuring students only apply for legitimate awards.

However, students can get results using Scholly. Since it focuses on comparing student profiles to requirements, it can help students avoid some level of sifting through results that don’t fit, though it won’t eliminate all of the work.

Ultimately, it’s best to consider whether the potential simplicity of finding matches through Scholly is worthwhile. If so, adding Scholly to the mix is potentially worth trying.

If your student wants to learn how to find scholarships without signing up for the Scholly scholarships app, they can! If you and your student want to find out more, sign up for our free college scholarship webinar! Take a quick trip over to http://thescholarshipsystem.com/freewebinar to reserve a spot today.