SEE SCHEDULE OSCHOLARSHIP AMERICA IS A NATIONAL EDUCATION SERVICE ORGANIZATION. . WE'RE COMMITTED TO CREATING A WORLD WHERE EVERY STUDENT CAN ACCESS THE RESOURCES THEY NEED TO LEARN, GROW, AND SUCCEED. OUR EXPERT APPROACH AND FOCUS ON STUDENTS FACING FINANCIAL CHALLENGES HELP BREAK DOWN BARRIERS AND OPEN DOORS TO EDUCATION. SCHOLARSHIP AMERICA HAS DISTRIBUTED MORE THAN $5.7 BILLION IN SCHOLARSHIP ASSISTANCE TO MORE THAN 3.2 MILLION STUDENTS SINCE 1958. PROGRAMS INCLUDE DOLLARS FOR SCHOLARS, EMERGENCY AID, THE DREAM AWARD SCHOLARSHIP PROGRAM, AND SCHOLARSHIP MANAGEMENT SERVICES.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Education organizations in Minnesota.
- Base
- $330k
- Bonus
- $1k
- Other
- —
- Benefits
- $25k
- Base
- $256k
- Bonus
- $7k
- Other
- —
- Benefits
- $40k
- Base
- $245k
- Bonus
- $216
- Other
- —
- Benefits
- $6k
- Base
- $202k
- Bonus
- $5k
- Other
- —
- Benefits
- $24k
- Base
- $196k
- Bonus
- $699
- Other
- —
- Benefits
- $22k
- Base
- $191k
- Bonus
- $404
- Other
- —
- Benefits
- $3k
- Base
- $149k
- Bonus
- $275
- Other
- —
- Benefits
- $23k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President and CEO Above 90th percentile | $330k | $1k | — | $25k | $364k $389k |
Chief Financial Officer Above 90th percentile | $256k | $7k | — | $40k | $310k $331k |
Chief Growth Officer Highest Compensated Employee Above 90th percentile | $245k | $216 | — | $6k | $257k $275k |
Vice President, Human Resources Board Vice President Median to 75th percentilevs Education peers nationwide | $202k | $5k | — | $24k | $238k $254k |
Vice President, Partner Solutions Board Vice President Median to 75th percentilevs Education peers nationwide | $196k | $699 | — | $22k | $224k $239k |
Chief Product and Technology Officer Highest Compensated Employee 75th to 90th percentile | $191k | $404 | — | $3k | $199k $212k |
General Counsel Highest Compensated Employee Median to 75th percentile | $149k | $275 | — | $23k | $178k $190k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 18 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at SCHOLARSHIP AMERICA INC equaled 0.1% of the organization's total expenses. The median for education organizations is 7%.
Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.
Held roughly steady
over 3 years
From $381k in 2021 to $364k in 2024.
Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay fell 4% from 2021 to 2024, while revenue rose 20%.
- Chief Financial Officer pay rose 14% from 2021 to 2024.
- Highest Compensated Employee pay held roughly steady from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2021 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about SCHOLARSHIP AMERICA INC
What does the Chief Executive Officer of SCHOLARSHIP AMERICA INC earn?
In 2024, the Chief Executive Officer of SCHOLARSHIP AMERICA INC received $364,436 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in Minnesota: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at SCHOLARSHIP AMERICA INC compare with similar nonprofits?
Compared with the same role at Education organizations in Minnesota, the 2024 pay of the Chief Executive Officer at SCHOLARSHIP AMERICA INC falls in the top 10%. In 2024, the highest total compensation at SCHOLARSHIP AMERICA INC equaled 0.1% of the organization's total expenses. The median for education organizations is 7%.
What are SCHOLARSHIP AMERICA INC's revenue and expenses?
In 2024, SCHOLARSHIP AMERICA INC reported $259.9M in total revenue and $243.3M in total expenses on its IRS Form 990.
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