Online Scholarship Directory Business

Online Scholarship Directory Business Success Stories [2024]

Updated: October 8th, 2024

Looking for a way to make education more accessible? Consider starting an online scholarship directory business. In essence, this platform aggregates various scholarship opportunities, making it easier for students to find and apply for financial aid.

This business addresses a real needβ€”students are overwhelmed by the number of scholarships available and often miss out on funds they are eligible for. By curating these opportunities in one place, you provide a valuable service that saves time and increases their chances of success.

To get started, you'll need a user-friendly website, a reliable database, and partnerships with educational institutions and scholarship providers. Regular updates and robust search functionality will be key to maintaining a useful and relevant platform.

Starting an online scholarship directory combines a meaningful mission with profit potential, offering both societal impact and business viability.

In this list, you'll find real-world online scholarship directory business success stories and very profitable examples of starting a online scholarship directory business that makes money.

1. Scholarship Owl ($6M/year)

David recognized the financial hurdles many families encounter in affording education in the US. Consequently, he took the initiative to create a blog aimed at providing valuable assistance to millions of students seeking to pursue their education in the US, helping them access a wide range of suitable scholarships. As interest in his initiative grew, he launched a premium SaaS product to help students match with suitable scholarships.

How much money it makes: $6M/year
How many people on the team: 36

How David Tabachnikov Built Scholarship Owl to $6M ARR

ScholarshipOwl helps students find scholarships faster and easier, generating an impressive $500K in revenue monthly and $6M per year since its launch in 2015 by founder David Tabachnikov, who leveraged email marketing and social media to drive growth.

Read by 3,006 founders

Related Business Ideas