Orlando-based Company, GotChosen, Launches the Largest Single Private National Scholarship Initiative in the United States
Orlando, FL, May 1, 2012 â€“ GotChosen, Inc. (www.gotchosen.com), an innovative digital media and development company headquartered in Orlando, FL, is launching the largest scholarship drawing in the nation titled, â€śGotScholarship: $40k to Give Away!â€ť There is no cost to participate, and the company will award $40K to one winner with a dream of attending college, or to pay for existing college loans. The scholarship may also be transferred by the winner to an individual of any age to pay for educational expenses.
The concept for the company was conceived during the economic struggles of 2008 by Founder and CEO, Osvaldo Silva. Silvaâ€™s focus was to assist anyone with the desire of completing their degree in higher education, but who did not have the financial means to do so. Silvaâ€™s philanthropic interest developed the first phase of the corporate vision beginning with the $40K scholarship drawing. The program will instantly establish GotChosenâ€™s primary mission of assisting individuals and families to achieve their educational potential and life aspirations, and to introduce the company on a large national scale. Subsequent drawings will enlarge the scope of the companyâ€™s endeavors, but will remain focused on the college market.
â€śAn essential element of the core values of GotChosen is a deep-rooted need and desire to give back,â€ť said Silva. â€śOur team is eager to witness the wonderful things that will be done by the recipients, and to how this scholarship will change their futures. We hope that our donation to their dreams was the difference that made it all possible.â€ť
The amount of student loans acquired in 2011 crossed the $100 billion mark for the first time in history, and total loans outstanding will exceed $1 trillion for the first time this year. The Federal Reserve Bank of New York, the U.S. Department of Education, and private sources report that Americans now owe more on student loans than on credit cards.
As the cost of higher education continues to increase, the traditional channels for student loans and grants are being limited by ongoing credit tightening, economic weakness, and governmental policies. For some, this situation creates an insurmountable obstacle to a college education, making the $40,000 scholarship from GotChosen a new potential way for students to achieve their goals.
The GotChosen scholarship is open to all: current students, previous students with outstanding loans, or even future college students. It is free and easy to enter, as well as being 100% transferable. In addition, the more individuals recruited to enter the contest on a studentâ€™s behalf, the more potential entries will exist to increase the studentâ€™s chances of winning.
You may register to enter for your chance to win the GotScholarship: $40K to Give Away Drawing by visiting the GotChosen website at: www.gotchosen.com beginning May 1, 2012 and the contest will close on September 30, 2012.
â€śThis is only the first phase of our efforts,â€ť Silva further added. â€śWe anticipate creating a long line of scholarship recipients who will benefit. It is an exciting time for our young company, and we are hopeful that we will become a powerful creative and economic contributor for many years to come.â€ť
GotChosen is an innovative startup in digital media and development headquartered in Orlando, FL. The companyâ€™s primary aim is to deliver an unparalleled interactive media and entertainment experience to users by bridging gaps in digital and traditional media. This vision will be implemented on computers, tablets, smartphones and smart TVs in 2013-2014.
For more information about GotChosen, please visit: www.gotchosen.com.