Tuesday, September 10, 2013

Sources of Money 34: Chegg Sources of Money, Textbooks, & More

Logo CheggTuesday’s we review a source of financial aid to help you pay for college

Erika helped her son apply for scholarships. She used search engines, scholarship books, high school guidance counselors. She discovered that Chegg, like Zinch for high school students, provides information about organizations that will match, dollar-for-dollar, money you earned from other scholarships.

Characteristics of the Chegg Scholarship Section

Chegg (www.Chegg.com) advertises itself 

“Chegg, the student hub, is transforming the way millions of students learn by connecting them to the people and tools needed to succeed throughout their high school and college career.”

In addition, Chegg encourages philanthropic efforts. They state “As a part of the company's philanthropic efforts, Chegg is dedicated to its Chegg for Good program, which empowers students to be catalysts for change while on campus, in their communities and around the world.” You may access several channels from the Chegg for Good:

  • For Good Blog
  • Spotlights around town
  • “Are you the ONE?” Interns
  • It all started with trees
  • Our for good partners

Access the scholarships section of the web site by clicking on scholarships at bottom of each page or clicking on Personalized Scholarships icon at the top of the home page. Using the link at the bottom of the page provides many more options than clicking on the icon.

The Scholarships on Chegg offer several advantages:

  • Links to upcoming scholarships with amounts and deadlines
  • Matching scholarship funds based on money you win through other sources
  • Free Sign-up which leads you to a very simple profile

The web site listed 50 matches worth over $187,000 based on the simple profiler. We found no gimmicks, email spam, contests, or surveys.

Disadvantages of the Chegg Web Page

We did not find too many disadvantages:

  • You must list a school—and they mean college—to use Chegg
  • The profile uses a lot of pop-up fields that do not respond to typed prompts
  • You must provide titles of at least 3 courses you are taking
  • Chegg offers a lot of their own scholarships like “CheggMeOut”, “Chegg Lesson Learned Scholarship”

Thursday we answer questions about recent changes with student loan programs

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