To MoolahSPOT or Not?

MoolahSPOTMoolahSPOT Scholarship Site Review

http://www.moolahspot.com/

MoolahSPOT is owned by Gen Tanabe, who with coauthor Kelly Tanabe, wrote The Ultimate Scholarship Book. These names may look very familiar—Gen and Kelly Tanabe fund the Gen and Kelly Tanabe Scholarship that appears on many scholarship search websites. In addition to the scholarship search, there is an Answers page with four articles about scholarships, all authored by the Tanabes. There are also some forums that don’t look particularly busy. To search for scholarships, you’ll have to complete a profile.

Search for Scholarships:

  • Click on the Scholarship Search tab.
  • Enter your grade level and when you will need the scholarship. Click NEXT.
  • Enter your gender, birth date, citizenship, ethnic heritage, religious affiliation, and disabilities. Click NEXT.
  • Enter colleges of interest, enrollment status, future career, interests, sports, and special circumstances. Click NEXT.
  • Enter your intended major, test scores, GPA, and class rank. Click NEXT.
  • Enter your geographical location (address – optional), military and organization affiliations, and search restrictions. Click SEARCH.

Clicking on an entry will open a pop-up window containing information about that scholarship: sponsor, purpose, eligibility, deadline, award amount, how to apply, contact information, and a link to the application page.

For our profile, we had a return of 31 scholarship listings. Of these, eight were actively billed as contests or giveaways. Ten of the first scholarships listed were scholarships sponsored by other search engines. Three were targeted to our intended major, and the rest were potential scholarships sponsored by legitimate companies and government institutions.

MoolahSPOT.com is not a pretty site. In fact, it’s downright homely, and the information here is spare. The profile creation process is fairly easy. But you do need to give your name, address, and birth date, so you’ll have to figure out if your scholarship search return is going to be worth sharing this information. We got an unimpressive 31 returns, and the fact that the first 10 were the “usual suspects” available on most search sites was a little disheartening. We think there are much better sites to look for scholarships on.

We give MoolahSPOT 2.5 out of 5:

2 1/2 Mortar Board Rating