Zolve Global Merit-Based Scholarship 2024

The Zolve Global Scholarship is an opportunity offered by Zolve Innovations, Inc. to empower international students pursuing undergraduate, graduate, or doctoral degrees in the United States. It recognises young leaders with exceptional potential, aiming to help them translate their ideas and talents into meaningful contributions. The scholarship is committed to supporting students who demonstrate academic excellence, leadership qualities, and a passion for creating a positive impact in their communities. The scholarship is offered to non-US citizens enrolled in full-time undergraduate, graduate, or doctoral programs in the United States. In total, $50,000 is disbursed in scholarships under this program. Selected scholars will receive up to $10,000.

About Zolve Innovations, Inc.
Zolve Innovations, Inc. is a financial technology company, also known as a neo-bank, specifically catering to individuals moving to the United States. Their mission is to create a “financial world beyond borders” by simplifying financial products and services for immigrants.

Eligibility

Applicants must fulfil the below-mentioned eligibility criteria to apply for the scholarship programme:-

  • Applicants must be citizens of a country outside the United States.
  • Applicants applicant must be at least 18 years old. (Note:- If the legal age of adulthood in their state or country of residence is higher than 18 years, then that age will apply.)
  • Students must have secured an admission offer to study in the United States from an accredited US university or college for a full-time undergraduate, graduate, or doctoral program lasting at least 12 months.
  • Students who have moved to the US or are planning to move are eligible to apply.

Terms and Conditions:-

  • Individuals who do not meet the eligibility criteria outlined in sections (ii) through (iii) above are ineligible to participate in the Scholarship Program. Additionally, employees, contractors, officers, and directors of the Sponsor, its affiliates, parent companies, subsidiaries, and associated entities (including divisions, suppliers, distributors, advertising agencies, promotional agencies, judging agencies, prize providers, and prize fulfilment services) are ineligible. This ineligibility also extends to members of the immediate family (spouse, parents, grandparents, children, grandchildren, siblings, and their respective spouses) and household members (related or not) of the individuals mentioned above.
  • Non-compliant applications are void and become Zolve’s property. Zolve reserves the right to use entrant information for promotional purposes globally without further compensation. Applications containing false information are void.
  • Applicants are limited to one scholarship program entry. Only submissions received during the application period will be considered by Zolve.
  • Only the first application submitted per email address will be considered, subsequent applications will be cancelled.
  • The scholarship program is for students only. Applications submitted by anyone other than the student will be disqualified.
  • Applicants may not submit multiple applications using different email addresses, phone numbers, or identities.
  • Zolve may contact applicants about its products and services.

Benefits

 A total of 5 scholars will be selected through the selection process under this category. Scholars will be ranked from first (highest) to fifth.

Rank No. of Scholarships Scholarship Amount
1st Rank Holder 1 $10,000
2nd and 3rd Rank Holders 2 $5,000 each
4th and 5th Rank Holders 2 $2,500 each

Note:- Scholarship amounts will be awarded based on this ranking, subject to the official terms & conditions and any additional sponsor-determined criteria.

Terms & Conditions:-

  • The scholarship will be disbursed within 90 days of meeting all conditions outlined here or any additional requirements set by the sponsor.
  • Disbursement will be made via direct deposit to a bank account held by a U.S.-registered bank.
  • The scholarship program will award a predetermined number of scholarships. Each scholarship is subject to the terms and conditions outlined in the help document.
  • Scholarships cannot be sold, traded, or transferred without explicit sponsor approval. Scholarship details and availability are subject to change. A third-party fulfilment partner may be used to distribute the scholarships.
  • Recipients must follow the official claiming procedures to receive a scholarship. The recipient is solely responsible for any costs associated with accepting, using, or claiming the scholarship that is not explicitly covered in these terms and conditions.
  • Scholarships are awarded without any expressed or implied guarantees or warranties. This includes but is not limited to, warranties of merchantability or fitness for a particular purpose. The Sponsor assumes no responsibility in this regard.
  • The sponsor awards scholarships based on the information provided. The awarded amount may be reported to the Internal Revenue Service (IRS).
  • Scholars are responsible for all applicable taxes. Valid identification and a taxpayer ID number are required before receiving a scholarship.
  • The Sponsor reserves the right to withhold taxes or require tax prepayment. A completed IRS Form W-9 (or other requested forms) and valid identification are mandatory. An IRS Form 1099 may be issued.

Documents

  • Academic transcripts, including marksheets and certificates
  • SAT/ACT/GMAT/GRE/ IELTS/TOEFL Score Card
  • Passport
  • Form I-20
  • Resume
  • University Admission Letter
  • Proof of financial transaction between the applicant and the university (e.g., bank statement)
  • Any additional documents deemed necessary by the sponsor (Note:- Verification of the applicant’s phone number will be conducted through a one-time password sent to their registered mobile number.)

How can you apply?

Eligible applicants can follow the below-mentioned steps to apply for the scheme:
Step 1: 
Click on the ‘Apply Now’ button below.
Step 2: Click on the ‘Register’ button on the right-hand side of the dashboard and fill in the required details to ‘Register’. (Note:- If already registered, log in using the registered email ID.)
Step 3: Scan the given ‘QR code’ and download the ‘Zolve app’.
Step 4: Register using a valid mobile number or email ID.
Step 5: Fill all the required details such as address, educational details, etc. to complete the registration on the app.
Step 6: Select the category of scholarship you want to apply for i.e. under merit-based or need-based category.
Step 7: Fill in the required details, upload the necessary documents, and submit.