The application deadline is July 1. Students can use the scholarship for any educational expense at an Ohio institution of higher education. This program awards scholarships to students who demonstrate outstanding academic achievement in high school. Recipients are selected on the basis of class rank, high school grades, test scores and participation in leadership activities. At least one scholarship is awarded in each of Ohio's congressional districts.
Scholarships are renewable for up to four years.
The program offers low interest rates with a choice of fixed or variable rate, in-school deferments, and flexible repayment options. A loan application can be completed at a participating bank. The Tuition Trust currently offers the Ohio Prepaid Tuition Program. Starting fall 2000, the Tuition Trust will offer three additional college savings funds, for a total of four college savings options. Families can choose to participate in all four funds.