SM Scholarship

Scholarship Sponsored by Sallie Mae

SM Scholarship — Quick Reference

Description
**Purpose:** The SM Scholarship is a merit-based financial award established to support education-related goals for eligible U.S.-based participants. It is administered by the scholarship sponsor and is intended to provide direct monetary assistance to a qualifying applicant or family member. Specific selection criteria and award distribution details are determined by the sponsor and must be confirmed in the official program rules.

Key takeaways:
- Designed to provide financial support for education-related needs.
- Administered according to sponsor-defined rules.
- Confirm selection and disbursement details with the official program materials.

Eligibility
**Residency and Age Requirements:** Entrants must be legal residents of any of the 50 United States, the District of Columbia, or any U.S. territory, and must be at least 17 years old at the time they enter the program. Residency and age are verified at entry and are firm prerequisites for consideration.

**Qualifying Participant Categories:** In addition to residency and age, applicants must meet one of four specific relationship/enrollment conditions at the time of entry:
- A parent with a child currently enrolled in an accredited U.S. college or university.
- A student currently enrolled in an accredited U.S. college or university.
- A parent with a child currently enrolled as a U.S. high school senior.
- A high school junior or senior (U.S.-based) who intends to enroll in an accredited U.S. college or university within one year of graduating high school.

Key takeaways:
- Must be a legal U.S. resident (states, DC, or U.S. territories).
- Must be age 17 or older at entry.
- Must satisfy exactly one of the four listed participant/enrollment categories.

Award Value
**Award Amount:** The scholarship award is $2,000. The sponsor frames the prize as a single monetary scholarship; applicants should verify whether the award is issued as one lump sum or in installments per the official rules.

Key takeaways:
- Award equals $2,000.
- Treated as a monetary scholarship.
- Confirm payment method and timing with the sponsor’s official documentation.

Application Timeline
**Dates and Deadlines:** The specific application window, deadline, and winner-notification dates are set by the scholarship sponsor and are not provided here. Prospective applicants should consult the official scholarship page or program rules to obtain current timeline information and any date-related requirements.

Key takeaways:
- Official timeline must be checked on the sponsor’s site.
- Prepare documentation ahead of expected deadlines.
- Notification and award disbursement dates vary by sponsor.

History of the Award
**Background and provenance:** Historical details about the scholarship’s origin, founding date, or prior recipients are not included in the source material provided. Applicants and researchers interested in the award’s history should review the sponsor’s website, archived announcements, or contact the sponsor directly for provenance, past award cycles, and program evolution.

Key takeaways:
- History not specified in the provided information.
- Contact the sponsor or consult official archives for background.
- Verify whether the scholarship is recurring and how long it has been offered.