National Payday Introduces its First Scholarship Competition

National Payday, a premier payday lender, introduces its first scholarship competition in which the winner will be awarded $3,000.

Online PR News – 11-January-2012 – – San Jose, Costa Rica, January 10, 2012 – National Payday, a premier online payday lender, recently introduced its first annual scholarship competition.

The National Payday Scholarship Fund is a competition open to any incoming or currently enrolled student in a United States educational institution. The company asks contestants to submit a 600-word essay on how short-term financing can benefit a person’s life. Contestants are encouraged to speak from personal experience, though it is not required.

Because National Payday is one of the oldest payday lenders on the Internet, the company knows the importance of financial responsibility. Overall, the National Payday Scholarship Fund will help promote not only educational development, but will help the company continue to build its brand and company name among students. The essays collected will be published on the company’s website at,

“We absolutely know the importance of fiscal responsibility and that begins with education,” explains M. Lee, National Payday Director of Operations. “The National Payday Scholarship Fund will act as an exciting and unique way for students to share their stories, learn more about financial responsibility, and possibly win the $3,000 to put toward their own higher education.”

The scholarship contest will be open for entry between December 1, 2011 and July 31, 2012. National Payday has taken a unique approach to selecting the winner; entrants’ peers will judge each essay. The essay with the most Facebook “Likes,” Google “+1s,” and Tweets combined will receive the $3,000.

National Payday plans to announce the scholarship winner on August 15, 2012 and disburse the funds by August 30th. The company hopes to repeat this contest every year.

About [National Payday]

National Payday, founded in 2000, specializes in online payday loans and cash advances, ideal for customers who find themselves in need of quick cash between paychecks. The company offers quick approval and same day wires of their advances via a quick and easy application process, state-of-the-art web interface, and professional customer service.

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This press release may contain statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.

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