FreeScholarships.com Awards $25,000 Monthly Scholarship

Site Surpasses $100,000 in Total Scholarship Money Awarded Since Launch

CAMBRIDGE, Mass.--(BUSINESS WIRE via COLLEGIATE PRESSWIRE)--March 8, 2000--Today, FreeScholarships.com, a new Internet Web site dedicated to helping students and their families meet the rising cost of an education, awarded Ricky Kiger of Colorado Springs, Colo. with its $25,000 monthly scholarship. Kiger is free to use the money for tuition, fees, or student loans from any valid educational institution and he will do so on behalf of his older son, currently a junior in high school.

FreeScholarships.com gives away scholarship money through online drawings that anyone can win. Since the site`s launch on Feb. 3, 2000, FreeScholarships.com has given away more than $100,000 in scholarship money to help families finance the cost of education.

''Winning this money opens a whole new door of opportunity for my son. It will be used for his college education,'' said Ricky Kiger, of Colorado Springs, Colo. ''The award is really incredible and an answer to our prayers.''

FreeScholarships.com is a comprehensive site dedicated to providing families with up-to-date information on education choice - from preschool through graduate school. The site contains current information and advice on financial aid, and also serves as a news, entertainment, and community center for visitors of all ages.

''We are thrilled to award Ricky a scholarship in our March $25,000 drawing,'' stated Charles Digate, president and CEO of FreeScholarships.com. ''Since we launched FreeScholarships.com a month ago, we have had an enthusiastic response from people all over the country. It gives us great satisfaction to help students and families fulfill their educational pursuits.''

No purchase is necessary to win a scholarship. Eligibility for winning the scholarships on FreeScholarships.com is open to anyone 13 years old or over, and members of the site can transfer winnings to children, relatives, or friends. In addition to using the awards for college tuition and fees, they may be used to help pay off student loans, and parents may use the money to fund a private school or preschool education for their children. The online drawings are open to residents of the United States except residents of Puerto Rico, Florida, and where prohibited by law. Other restrictions may apply; please visit www.freescholarships.com for complete rules and details.


About FreeScholarships.com

FreeScholarships.com, Inc. (www.freescholarships.com) helps families and students meet the rising costs of education by giving away money for school via online daily drawings. The scholarships are funded by advertisers and sponsors. Founded in 1999 and located near Boston, Massachusetts, FreeScholarships.com is a subsidiary of MathSoft, Inc., a leading provider of software for students and
technical professionals.