ScholarshipPoints.com, a free service from the Student Loan Network, announces changes to the Scholarship program. ScholarshipPoints.com will continue to award a $1,000 scholarship every quarter -- but has replaced quarterly second and third place scholarships with a new monthly drawing for a $250 scholarship.

Students who sign up at ScholarshipPoints.com can start earning points toward the scholarship drawings. "Each month we offer opportunities to keep earning points -- through refer-a-friend programs, surveys and other promotions," said Joe Cronin, president of the Student Loan Network. "And, we've gotten such positive feedback from students and financial aid offices alike. It made sense to start doing monthly drawings in addition to a quarterly drawing."

In mid-July, ScholarshipPoints.com awarded the quarterly $1,000 scholarship to Brianna Morris, who is attending Community College of Beaver County. The scholarship will help her in reaching her goal of completing the Professional Pilot Program. July's scholarship winner will be announced later this month.

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Student Loan Network is one of the nation's fastest growing providers of student loans and related information. Since 1998 we have connected 25 million students and parents with over $1 billion in scholarships, grants and federal, private and consolidation loan funding. To help make the confusing and stressful financial aid process easier, the Student Loan Network also delivers helpful information, including the award-winning Financial Aid Podcast, a multitude of financial aid-related blogs and the monthly Financial Aid Newsletter.