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8,000 programs with a distribution level of over 150,000 awards for undergraduate and postgraduate students worth a total of more than $35 million is what EdFed's comprehensive scholarship database contains. It also includes student loan forgiveness programs for those who have graduated from college and need alternatives for repayment.

CollegeBound Foundation Last-Dollar Grant
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Scholarship Summary
Amount Up to $3,000 annually, renewable for up to four ye
Application Deadline 3/19/2006
Requirements This is a freshman year award.; Must be a high school senior at time of application.; Must graduate from a Baltimore city public high school.; Must not have a total family income greater than $75,000. Those with an income greater than $75,000 will be considered on a case-by-case basis. Please note: If the applicant has a financial need of more than $5,000, he/she will generally not be eligible for a grant unless he/she provides written documentation detailing how the remaining amount will be financed. Applicants in this category are reviewed and considered on a case-by-case basis.; Must be a U.S. citizen.; Must be a domestic student in the U.S.; Must contribute at least 15 percent of the total cost of education through self help. Examples of self help would include the Stafford Loan Program, the Perkins Loan Program, the Direct Loan Program, financing through a bank or a nonprofit organization, employment, or a campus work-study program.; Must be a resident of Maryland.; Must be accepted to and plan to attend one of the following Maryland institutions: Bowie State University, Coppin State University, Frostburg State University, Morgan State University, St. Mary's College, Towson University, University of Maryland College Park, University of Maryland Eastern Shore, or Villa Julie College.
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I contacted several lenders while I was looking for a company to consolidate my federal loans. I heard all of the sales pitches. What it really boils down to, through, was who could save me the most money. Edfed is the only lender who would guarantee my borrower benefits. All of the other lenders had provisions allowing them to take my 1%interest reduction away even after I earned it. On my consolidation, the 1% reduction will save me almost $18,000, with EdFed, I know I will get the savings. EdFed beats the competition hands down.
- John F.  Albany, NY
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Education is one of the most basic right of any human, but with the increase in prices and the costs involved in education this has made these rights turn into a privilege which very few can enjoy. Any normal person today in the whole of United States has to take an education loan at one point of time to pay for their education fees.

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