Scholarship Consulting Business

Scholarship Consulting Business Success Stories [2024]

Updated: July 4th, 2024

Navigating the complexities of higher education funding can be overwhelming. Enter the scholarship consulting business. In this venture, you guide students and families through the intricate process of finding, applying for, and securing scholarships.

This isn't about handing someone a list of scholarships; it's about personalized consultation—assessing a student's strengths, compiling compelling applications, and managing deadlines.

With education costs soaring, the demand for such expertise is growing. As a scholarship consultant, you're not just easing financial burdens; you're enabling academic dreams.

If you have a knack for detail and passion for education, this could be a fulfilling way to make a meaningful impact while building a profitable business.

In this list, you'll find real-world scholarship consulting business success stories and very profitable examples of starting a scholarship consulting 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.

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