With student debt now topping credit card debt (see page 3 of the PDF), every penny that you can find to put toward education is wanted. We hear a lot about student loans, but not so much about scholarships as a way to pay for education. There are all kinds of scholarships, often sponsored by special-interest groups. Here are a few that Mark Kantrowitz of Finaid.org lists on his site: Scholarship for Left-Handed Students, Little People of America Scholarship (4 feet 10 inches or less), National Make It Yourself with Wool Competition (knitters, start your needles!). Many of these opportunities go begging for applicants.

Recently, Danielle Rodabaugh (who told us her reader story about her travails due to the CARD Act) contacted us so that we could share the details of a scholarship with a small-business angle that her company is offering. Here’s what Danielle told us:

I’m the director of educational outreach at SuretyBonds.com, which is a surety insurance agency based out of Columbia, Missouri. We’ve recently established our first scholarship program targeting students with small-business experience, and we’re trying to get the word out about it. I thought you might want to share it with the GRS community in some way because I’m sure many of your readers know at least one student who would be qualified for the scholarship. Maybe some readers are even small-business owners who have college-aged children looking for scholarship opportunities.

Through our Small Business Success Student Scholarship program, SuretyBonds.com hopes to hear all about the small-business experiences young entrepreneurs across the nation have gained, whether personally or from observing family members working to make a way for themselves. Three deserving individuals will win a $1,500 scholarship to use toward furthering their education at the college or university of their choice.

The SuretyBonds.com Small Business Success Student Scholarship Program is open to students in every state. All entries must be received no later than March 31, 2013, to be eligible for the contest. Applications may only be submitted online. Each student must submit a 500- to 1,000-word essay about “How small-business ownership (personal, parent, grandparent, or legal guardian) has shaped you into the person you are today.”

You can see our online scholarship program in its entirety here: https://www.suretybonds.com/scholarships

You can also read more about the program in this blog post: http://www.suretybonds.com/blog/suretybonds-com-scholarship-program-2013/4886

We hope those of you who are eligible will take advantage of the opportunity. We know many of the GRS readers are small-business owners, as Danielle said, so this could be helpful for your student. Good luck!

GRS is committed to helping our readers save and achieve their financial goals. Savings interest rates may be low, but that is all the more reason to shop for the best rate. Find the highest savings interest rates and CD rates from Synchrony Bank, Ally Bank, and more.