CollegeNET.com Awards First $10,000 Grand Prize Scholarship

Social Network Scholarship Announces Greater Opportunities to Win Money for Tuition and Student Loan Repayment

Portland, Ore., August 9, 2012

CollegeNET.com, the social network through which people create topics, write or video-cam about them, and then vote to determine who will win scholarship money, today announced the scholarship site's first $10,000 grand prize winner.

The winner of the first grand prize scholarship is Adrian Villalpando, from Chicago, IL, who is currently studying Public Relations and Communications at DePaul University. Including this $10,000 grand prize, Adrian has won over $19,000 in scholarship money from CollegeNET.com.

CollegeNET.com is the social network scholarship where winners are selected exclusively through a peer voting process. In May 2012 the scholarship site crossed the million dollar mark in total scholarships awarded, and is now expanding opportunities for students to earn money toward tuition or loan repayment. These new opportunities include:

Tweet This: @CollegeNET now allows candidates to win a scholarship every week, and will award additional grand prizes every 10 weeks.

"We encourage more students to participate in discussions on issues important to them," said Jim Wolfston, president and founder, CollegeNET, Inc. "Their odds of winning a scholarship have significantly increased as a result of the new election rules."

To participate in CollegeNET.com forums and compete for the weekly scholarship, sign up for a free account here.

"Like" CollegeNET.com on Facebook and follow us on Twitter and circle in with us on Google+.

Media Contact:
Schwartz MSL, San Francisco
Sara Long or Tommy Owens
415.512.0770
CollegeNET@schwartzmsl.com

About CollegeNET, Inc.

CollegeNET, Inc. builds web-based, on-demand technologies that help institutions improve operational efficiency, enhance communication with constituents and save money. The company's systems are used by more than 1,300 organizations worldwide for event and academic scheduling, prospect and admissions management, web-based tuition processing and alumni development. CollegeNET's www.collegenet.com is a social network through which students create topics, write or video-cam about them, and vote to determine who will win scholarships. This site has become one of the Internet's most popular destinations for college-bound students. The company is headquartered in Portland, Ore.

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