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CollegeNET

Best Scholarship for Adult Students in the 2012 Readers' Choice Awards

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2012 Readers' Choice Awards Winner's Badge
2012 Readers' Choice Awards Winner's Badge
Updated March 29, 2012
CollegeNET came out the big winner in the 2012 Readers' Choice Award for Best Scholarship for Adult Students. They won more than 75% of the votes. Congrats CollegeNET!

This is not your mother's scholarship. CollegeNET threw away all the rules when it designed its scholarship program. In a nutshell, students are both candidates and judges. Here's how it works:

  1. Sign up for an account at CollegeNET (you must be a current or future college student to be eligible to win an award).
  2. Create a profile.
  3. Participate in discussion forums by posting comments on topics of interest to you.
  4. Create your own discussions if you want.
  5. That's it.
Then, about once a week, participants vote for the people they think deserve a scholarship based on each person's profile and their contributions to the discussions.

From the CollegeNET website:
"You earn points for each vote you receive and for each vote you cast. The voting system is weighted, and the point value assigned to each vote varies according to participation, communication skill, and engagement factors. The scoring algorithm assigns higher weights to Voters and Candidates who make greater contributions to the Site as assessed collectively by other voters.

"At the end of each election cycle (about once a week) we tally the points, award scholarships to the candidates with the most points, and kick off a new election. If there's a point tie, the scholarship money is divided equally among the winning candidates. From time to time, additional scholarships may become available that are restricted to certain candidates--e.g. attendees at a particular college. These restricted awards may be based upon points earned over a longer cycle."

It's a pretty impressive system. CollegeNET even gives candidates tips on how to participate the fullest, how to ensure you win as many points as possible. They want you to win.

We've written in the past about one of CollegeNET's scholarship recipients. Read about Dawn Henderson's experience at CollegeNET: Peer-Voted Scholarships

CollegeNET's slogan is "It pays to think!" I like it, and so do lots of Readers' Choice Awards voters. Congrats CollegeNET!

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