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Announcing a new scholarship: I’m giving away 1 seat to Dream Job Elite

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I’ve told you before about how my Indian immigrant parents told me that I needed to get scholarships to pay for college.

(It wasn’t a request — Asian/Indian parents don’t ask their kids what they think, they tell their kids what’s to do. I can’t wait to do the same thing to my kids.)

And so I built a system to rapidly apply and optimize my scholarship applications — and paid my way through undergrad and grad school.

I’ve never forgotten the generosity of the foundations and groups that gave me opportunities I could never have gotten on my own. As a result, I plan to give back far more than I was given over my lifetime.

And today, I’m announcing one scholarship for Dream Job Elite.

If you were interested in the program, but couldn’t afford it — or were prohibited from joining because of credit-card debt — I saved one seat in Dream Job Elite to give you the opportunity of a lifetime. I’ll personally pay your tuition.

There are no catches. No tricks. I’m simply inviting one of you to join my $12,000 course, learning every exclusive technique I’ll teach the others to find their Dream Job, learn in-depth techniques on networking, master interviewing, and conquer salary negotiations, for free. If you succeed, I know you’ll pay it back to others.

I was personally blown away by how many of you emailed me, frustrated that you couldn’t join because of credit-card debt, or being laid off, or having to support your families. Many of you simply signed off their emails saying, “I’ll just do my best with your free stuff.”

But for one of you, I’d like to invite you to get my best techniques, along with 1-on-1 access to me, through this scholarship. Click here to get more information about this program: Full Details of Dream Job Elite (PDF).

Note that because my “Elite” (paying) applicants applied to a limited pool, their chances of being accepted are dramatically better. And since internet weirdos love to jump at the word “FREE,” I expect to be flooded with far more applications than I received for Elite applicants.

That’s why I’m looking for a “hidden gem” — someone who has the same hustle and drive and demonstrated success as my other world-class applicants…someone who is every bit as qualified as my paying students, but who may have fallen on some bad luck.

Here are the details of the Dream Job Elite Scholarship:

  • There is 1 scholarship available for my full Dream Job Elite program
  • You will receive the same instructions, material, and access as Elite (paying) applicants. Click here for the Full Details of Dream Job Elite (PDF)
  • The scholarship fully covers your $12,000 tuition. Note that you will be responsible for travel and accommodations to New York on the weekend of December 3rd-4th, 2011
  • The entry deadline is 11:59pm EST on Friday, October 14, 2011. That’s tomorrow night
  • You’ll be required to fill out the same application as standard Elite applicants, plus two more questions about why you deserve this scholarship
  • If you’ve already applied for Dream Job Elite, you’re not eligible. This is strictly for people who don’t have the financial means to enroll in this any other way.
  • No purchase is necessary to win. I’m the judge and my decision is final.

Here’s the link to the scholarship application — due Friday, 10/14, at 11:59pm:
https://www.surveymonkey.com/s/6ZG6B7S

Good luck.

Scholarships changed my life. I’m excited to do the same for one of you to help you find your Dream Job.

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143 Comments

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  1. This is why I am proud to be a follower and supporter. With guidance from your blog, my husband and I have paid off $16,000 of credit card debt in one year. We are on track, after transferring 90% of the rest of our debt onto a credit card with 12 months at 0% interest (saving by our calculations, $7,000 over the next year in interest alone), to pay off the rest of our debt by next October.

    I hope you will offer this class again. I am not in a place to participate right now and I am not going to try for the free seat; there are people who need it more than I do right now. But someday, someday soon I will be on track to participate in something like this. Until then, I will glean everything I can from your content and I will make strides towards my goals.

    Thank you, Ramit.

    • Awesome, Jenny. I love it. Thanks for leaving a comment.

      Also, to other people reading this: Don’t select yourself out of consideration. When I was applying for scholarships, I watched other people not apply for reasons like:
      – “There’s no way I could get that”
      – “There will be too many other applicants”
      – “My parents are doctors so I’ll never get it”

      Those people were right: They never got the scholarship. Yet I know several scholarship administrators who get ZERO applicants for FREE MONEY.

      If you’re intimidated by the application, you deserve to fail. If you show up and give your best shot, you have a better chance than you can imagine.

  2. Thanks for this opportunity!

  3. Originally unable to afford the $12,000 costs, I’m so driven to be given the scholarship and can’t wait to work on my full application tonight. Probably won’t sleep because of the effort this will take and perfection that will be necessary. Good luck to everyone else who submits an application. Doing is the first step. You can’t win if you don’t try.

  4. Golden opportunity! I’d be a fool not to take it.
    * starts application.

    Thank you so much, Ramit.

    You have already helped me a great deal in getting my tuition for prereqs waived ($326.00) when I thought it wasn’t possible because I was just a little above the financial aid income cut off.

    Now I can get that latte. And when I get a steady income, I’m setting up automatic transfers.

  5. I see on the application that the first call is tonight. Would the scholarship recipient miss this one?

  6. It sounds like a great opportunity for those who are applying, with careful thought and effort this could be a great way to take anyone to the next level.

  7. I am super excited for the opportunity to apply for the scholarship.

    My husband has already applied for the paid course, and we could not pull off the money to pay for both of us to go through it considering we are hoping to buy a house in the near future.

    If you had asked a year ago would we even been able to consider paying for my husband I would have laughed. We have managed to pay off my debt for my masters degree (before I even graduated), all my credit card debt, and a large portion of our student loans. On top of that we have the funds for a down payment on a house.

    None of that would have been possible if I hadn’t taken the advise from I Will Teach You to Be Rich.

    Thank you Ramit!

  8. Gosh darnit, I was so excited… and then I realised that flying out to New York from here in Australia will cost me quite a lot of money I don’t have, and that’s the weekend before I submit the thesis that I’m currently writing. D’oh! I guess I’m like Jenny, not in a position to apply, so good luck to everyone else who does.

    • Alisa, I respect your decision (especially if you can’t afford the flight), but I just want to highlight how top performers think about things like this.

      10 years from now, will you regret applying and going to an event that could potentially change my life?

      The very best people I know, in any financial circumstance, will figure out a way to do the most impactful things with their lives. If that means finishing their thesis early, or earning more/cutting back before December, that’s what they’ll do.

      Again, not criticizing your decision, Alisa, but I wanted to take this opportunity to reframe how top performers think about opportunities they believe can be life-changing.

    • Ramit, I think what I regret more is lending my father $11k at the start of this year, which made me run out of savings and beg the university for a loan for living expenses!

  9. Video link: http://www.youtube.com/watch?v=YB0qTyMJZqY

    Hi Ramit!

    My Dream Job would tie the threads between design, business, and non-profit. I am so excited about the intersection between these three paths and learning more, but I just don’t know how I can craft such a career being a recent college graduate and first generation college student. The closest I’ve gotten to attaining my Dream Job is co-founding a community organization in which I devise the Media Strategy and created digital media to market it. While I enjoying giving back to my community, I want to be compensated for my work and to find a professional environment in which I can continue to learn more and push myself to perform at my potential.

    Thank you Ramit for this golden opportunity. I know you will get so many great applicants because you’ve influenced so many people in a positive way. I know you’ll kick ass on your first Dream Job Elite launch! (And if I don’t get this scholarship… I’m going to go for it again if you offer it another time!)

  10. My dream job is definitely in my current field and most likely at my current employer (as strange as that sounds). Currently, however, I feel I’m underpaid (at about 8% less than the median salary for my position) and undervalued (in terms of responsibility). I’m not there because I haven’t really tried. Before I’m ready, I’d need a gameplan to attack this head on, but without that (like where I am now) I feel like I’d get nowhere. I know that I’m more valuable than I’m currently being paid. I need some help in getting my bosses to know that too. Thanks for the opportunity!