Discover Student Loans announced that it will give away $40,000 in scholarships to help students pay for college tuition. The company also added to its website free access to easily search over 3 million scholarship and grant opportunities worth more than $18 billion. “Our research indicates that the majority of families are worried about having enough money to contribute to their child’s education,” said Danny Ray, president of Discover Student Loans. “We are excited to introduce both the Discover Student Loans Scholarship and the Free Scholarship Search capability as ways for students and parents to close the financial gap and help turn their college dreams into a reality.” Discover Student Loans will give away scholarships to 40 students at $1,000 each for the 2014-2015 academic year. These scholarships can be used to help pay for the cost of college attendance, including tuition, housing and books, at accredited, non-profit, four-year colleges and universities in the United States. Now through April 15, 2014, high school seniors planning to attend college in the fall of 2014, students currently enrolled in college or graduate school and parents or legal guardians of eligible students can find out how to enter here: discover.com/student-loans/scholarships/award.html In mid-May, the International Scholarship and Tuition Services, Inc. (ISTS), an independent judging organization, will conduct a random drawing from all of the eligible entries received. Winners will be notified by e-mail and in their online ISTS accounts. No transaction or loan application is necessary to enter or win. Applying for a student loan will not increase the chances of winning. For sweepstakes rules, terms and conditions, please visit: discover.com/student-loans/scholarships/award.html Students can also find other scholarship opportunities by using the new online scholarship search capability that gives them access to over three million scholarship and grant opportunities worth more than $18 billion. Using the scholarship search does not require registration and provides personalized search results based on key categories such as career, interests and major. The Free Scholarship Search can be found by visiting discover.com/student-loans/scholarships/search.html About Discover Discover Financial Services (NYSE: DFS) is a direct banking and payment services company with one of the most recognized brands in U.S. financial services. Since its inception in 1986, the company has become one of the largest card issuers in the United States. The company issues the Discover card, America's cash rewards pioneer, and offers home loans, private student loans, personal loans, home equity loans, checking and savings accounts, certificates of deposit and money market accounts through its direct banking business. It operates the Discover Network, with millions of merchant and cash access locations; PULSE, one of the nation's leading ATM/debit networks; and Diners Club International, a global payments network with acceptance in more than 185 countries and territories. For more information, visit www.discover.com/company.