Frequently Asked Questions
Everything you need to know about the Marc Kalter Scholarship
General Questions
What is the Marc Kalter Scholarship?
The Marc Kalter Scholarship is a $1,000 award for students enrolled in undergraduate or graduate programs at accredited U.S. colleges and universities. Marc Kalter created this scholarship to support students pursuing higher education and reduce the financial burden of college costs.
Who is Marc Kalter?
Marc Kalter is the Executive Director and Head of Institutional & Syndicate Sales at Summit Venture Partners, with over 25 years of experience in financial services and capital markets. Marc Kalter established this scholarship to give back to the community and support students pursuing higher education.
Why did Marc Kalter create this scholarship?
Marc Kalter created this scholarship to make financial assistance accessible to all students, regardless of their GPA, writing ability, or field of study. Marc Kalter understands the financial challenges facing college students and wants to help reduce the burden of student debt.
Eligibility Questions
Who is eligible for the Marc Kalter Scholarship?
The Marc Kalter Scholarship is open to all students currently enrolled in undergraduate or graduate programs at accredited U.S. colleges and universities. There are no restrictions based on major, GPA, citizenship status, age, or financial need.
Is there a minimum GPA requirement for the Marc Kalter Scholarship?
No. The Marc Kalter Scholarship has no minimum GPA requirement. Marc Kalter believes that all students deserve financial support, regardless of their academic performance.
Can graduate students apply for the Marc Kalter Scholarship?
Yes! The Marc Kalter Scholarship is open to both undergraduate and graduate students.
Can international students apply for the Marc Kalter Scholarship?
Yes. International students who are currently enrolled at accredited U.S. colleges and universities are eligible for the Marc Kalter Scholarship.
Can part-time students apply for the Marc Kalter Scholarship?
Yes. Both full-time and part-time students are eligible for the Marc Kalter Scholarship.
Are online students eligible for the Marc Kalter Scholarship?
Yes, as long as you are enrolled in a program at an accredited U.S. college or university, you are eligible for the Marc Kalter Scholarship, regardless of whether your program is online, in-person, or hybrid.
What majors are eligible for the Marc Kalter Scholarship?
All majors and fields of study are eligible for the Marc Kalter Scholarship. Whether you're studying engineering, business, liberal arts, healthcare, education, or any other field, you are welcome to apply.
Application Questions
Do I need to write an essay for the Marc Kalter Scholarship?
No. The Marc Kalter Scholarship does not require an essay, personal statement, or writing sample. Marc Kalter designed this scholarship to be simple and accessible.
Do I need letters of recommendation for the Marc Kalter Scholarship?
No. The Marc Kalter Scholarship does not require letters of recommendation.
What documents do I need to apply for the Marc Kalter Scholarship?
You will need proof of current enrollment at an accredited U.S. college or university. This can be an official transcript, enrollment verification letter, or student ID showing your current enrollment status.
When is the application deadline for the Marc Kalter Scholarship?
Applications for the Marc Kalter Scholarship must be submitted by April 15, 2026, at 11:59 PM EST.
Can I submit my application after the deadline?
No. The Marc Kalter Scholarship does not accept late applications. Please ensure your application is submitted before the April 15, 2026 deadline.
How do I know if my application was received?
You will receive a confirmation email after submitting your Marc Kalter Scholarship application. If you do not receive a confirmation email within 24 hours, please contact scholarship@marckalterscholarship.com.
Selection Questions
How many Marc Kalter Scholarships will be awarded?
One Marc Kalter Scholarship of $1,000 will be awarded for the 2026 cycle.
How will the Marc Kalter Scholarship winner be selected?
The Marc Kalter Scholarship selection committee will review all complete applications and select one winner based on enrollment verification and application completeness. The selection process is designed to be fair and equitable.
What documents do I need to apply for the Marc Kalter Scholarship?
You will need proof of current enrollment at an accredited U.S. college or university. This can be an official transcript, enrollment verification letter, or student ID showing your current enrollment status.
When will the Marc Kalter Scholarship winner be announced?
The Marc Kalter Scholarship winner will be announced on April 30, 2026.
How will I be notified if I win the Marc Kalter Scholarship?
The Marc Kalter Scholarship winner will be notified via email and phone. The winner's name will also be announced on the Marc Kalter Scholarship website.
Award Questions
How much is the Marc Kalter Scholarship worth?
The Marc Kalter Scholarship is a one-time award of $1,000.
How will I receive the Marc Kalter Scholarship funds?
The Marc Kalter Scholarship award will be sent directly to the winner's educational institution to be applied toward tuition, fees, books, or other qualified educational expenses.
Can the Marc Kalter Scholarship be used for any educational expense?
Yes. The Marc Kalter Scholarship can be used for tuition, fees, books, supplies, technology, housing, or other qualified educational expenses as determined by your institution.
Is the Marc Kalter Scholarship renewable?
The Marc Kalter Scholarship is a one-time award for the 2026 academic year. Marc Kalter may offer future scholarship opportunities in subsequent years.
Additional Questions
Can I apply for the Marc Kalter Scholarship if I've received other scholarships?
Yes! The Marc Kalter Scholarship can be combined with other scholarships, grants, and financial aid.
Is the Marc Kalter Scholarship taxable?
Scholarship funds used for qualified educational expenses (tuition, fees, books, supplies) are generally not taxable. However, tax laws vary, and you should consult a tax professional for guidance specific to your situation.
Will applying for the Marc Kalter Scholarship affect my other financial aid?
The Marc Kalter Scholarship is a private scholarship and should not negatively impact your federal or institutional financial aid. However, you should report all scholarships to your school's financial aid office.
Still Have Questions?
If you have additional questions about the Marc Kalter Scholarship, please contact:
Email: scholarship@marckalterscholarship.com
Marc Kalter and the scholarship team are here to help!