In June, MoneySolver launched its first-ever $50,000 #PayMyStudentLoans Contest with the hope of changing someone’s life by erasing their student loan debt. Similar to our monthly student loans scholarships, the winner will be chosen based on their creative response to a specific question, but with one major difference – applicants may submit either an essay or a video.
With just over two months into the application period, we’ve only received a handful of video submissions, but we’d love to see more. If you’re thinking about applying, be sure to check out our video contest guidelines and tips to increase your chances of winning.
Video Contest Guidelines
We know that writing an essay may seem easier, but a video submission could truly help you stand out from the crowd. You not only get to show your personality, but you also have more creative freedom. There are, however, a few simple rules that you must follow to ensure your video is not rejected.
- The video must be uploaded to your YouTube account
- The video must be marked as “public”
- The title of your video must include: MoneySolver #PayMyStudentLoans
- You must include the following tags on your video: moneysolver & paymystudentloans
- The video must not exceed 60 seconds (1 minute)
- And, most importantly, it must answer the following question: “If you no longer had to pay off your student loans, what would you do with all that extra money?”
Here’s a great example of a video contest submission that meets all the requirements:
Video Contest Tips
Are you ready to step outside the traditional essay format and try something a bit more creative? Check out these video contest tips that will help propel your video entry to the top of the list.
Follow the Rules
Please refer to the guidelines above. Videos that exceed the time limit, neglect to add the proper title or tags, or are hosted outside of YouTube will not be considered.
Tell Your Story
Make it personal. Remember, this isn’t a school project or homework assignment. We already know the facts and figures regarding student loan debt, but we don’t know anything about you. Refrain from reciting stats and get real with us!
Set the Stage
There are multiple ways you can set the stage for your video. If you’re camera shy, a slideshow with voiceover could work well.
No problem being front and center? Take us on a “day-in-my-life” journey. You could also mimic a newscast or create a mini-movie.
The choices are practically endless. Just be creative and tell a compelling story.
Consider Film Quality
Even if you have an amazing story to tell, it can all be derailed by poor video quality. Be sure to use a DSLR camera or a smartphone with some serious camera power (Samsung Galaxy S10, Google Pixel 3, iPhone XS, etc.). Make sure the lighting is good and the sound quality is clear. You may even want to enlist the help of a friend or family member to handle the camera work while you focus on delivering your best performance.
Once you’re confident that your video is the best it can possibly be, submit it to the contest before the deadline date.
How to Upload a YouTube Video
Before you can upload a video to YouTube, you will need to create a YouTube account. This short video will walk you through the process and have you up and running in no time.
Next, you’ll need to upload your video and create your YouTube channel. If you’re new to this process, don’t sweat it. Check out any one of these links to learn how to upload like a pro!
- Google support – Upload to YouTube
- wikiHow – How to Upload a Video to YouTube
- Lifewire – How to Upload Videos to YouTube
Once your video is live on your channel, you’re ready to apply for our $50,000 #PayMyStudentLoans Contest.