2021 CASH FOR COLLEGE
Are you enrolled in higher education this fall? Do you have unexpected EXPENSES NOT covered by financial aid?
Cash for College is a need-based program for MA residents, awarding up to $1,250 to students with unmet need. Inversant is a 501(c)(3) registered non-profit organization. We help low-to-moderate income families in Massachusetts make their college dreams come true.
Ready to apply? It takes 7-10 minutes.
ABOUT THE 2021 CASH FOR COLLEGE PROGRAM
Inversant’s Cash for College is a need-based program for eligible students.
ELIGIBILITY REQUIREMENTS:
- Resident of Massachusetts
- Enrolled in an accredited higher education institution
- Have an Expected Family Contribution (EFC) of $10,000 or less
- Demonstrate an unmet need
IMPORTANT DATES FOR 2021 CASH FOR COLLEGE
- PRE-REGISTRATION: August 3 – 13, 2021
- APPLICATION PERIOD: August 16 – 27, 2021
- PROCESSING & REVIEW: September 1 – October 15, 2021
- NOTIFICATION PERIOD: October 16 – 30, 2021
- ANNOUNCEMENTS: October 31, 2021
- AWARD DISBURSEMENT: November 7 – 15, 2021
UPDATE: The dates shown above have been adjusted due to the overwhelming number of applications.
APPLY NOW FOR 2021 CASH FOR COLLEGE
Have Questions?
Read our FAQ below for answers to the most common questions.
Who is eligible?
Any Massachusetts resident who is currently enrolled in a higher education institution with an Expected Family Contribution (EFC) of $10,000 or less, with a demonstrated unmet need is eligible for the Cash for College Fund.
How many people will receive funding?
20 eligible students will receive up to $1,250 each.
What information will you need?
Each applicant must fill out a survey sharing the following information:
- Basic personal details
- Confirmation of MA residency
- Confirmation of 2021-2022 enrollment in an accredited higher education institution
- Confirmation of educational expenses not covered by financial aid
- An EFC under $10,000
- Whether they have a high school diploma or equivalent GED
- Age when entering college
- Dependency status
- Attendance pattern, full time or part-time
- Employment status
- % of financial contribution to their household budget
- If they are a single parent
- The name of their college or university
- Whether they are attending college remotely, in-class, or in a hybrid plan
- If their family participated in Inversant or FUEL programming
- Each applicant must write a short essay (300 words)
All applications are subject to the successful verification of the information provided.
What documentation will you require?
Eligible applications selected as finalists are subject to the successful verification and proof of:
- Massachusetts residency
- Expected Family Contribution (EFC) under $10,000
- 2021-2022 enrollment in an accredited higher education institution
- Educational expenses not covered by financial aid
What if I don’t have all the documents ready to upload?
No worries, you’ll still be able to submit your application and we’ll follow up with you via SMS/Email to upload your supporting documents at the appropriate time.
What’s the approval timeframe?
Requests are being reviewed on a first-come, first-served basis. We will notify applicants that submitted complete applications about decisions on or about October 1-7, 2021 via email/SMS.
How do I receive the money?
A check will be sent to you at the address you specify during the award disbursement period.
What’s the difference between an Award and Scholarship?
This Award is given directly to the individual and not to the school. This Award should not interfere with federal and state grants, loan qualifications, and monies awarded from the college or university.
What are the terms and conditions?
Inversant will award funding for eligible collegiate study pursuant to the procedures outlined here.
I am undocumented, can I apply?
Yes! You are eligible and can complete the form without providing the requested information for EFC.
