Boca Raton, Fla. — Sept. 1, 2009 — Foreclosure.com today announced that it will reward five current and/or college-bound students with scholarships who can best provide a solution(s) to one of the most troubling issues facing our nation today:

“How to solve the foreclosure crisis?”

Foreclosure.com will accept written essays/plans (1,000-word minimum, 2,500-word maximum) through its Web site and via mail from Sept. 1, 2009, to Dec. 31, 2009. Five winners will be selected at the conclusion of the contest. The top prize is a $5,000 scholarship and four $1,000 grants will be awarded to the runners up.

All students must read and agree to the scholarship rules, which are located on the Foreclosure.com contest page at www.foreclosure.com/scholarship.

“We’re in the midst of one of the most challenging and volatile real estate periods to ever hit the United States,” said Foreclosure.com Director of Education, Linda Yates. “It’s an alarming issue — families throughout the nation are losing their homes. And policy makers at the highest levels of the United States government have yet to find an effective solution that can solve the problem. It’s time to give a voice to the most talented and innovative students in the nation. We want to hear what they have to say.”

In addition to the cash prizes (5) in the form of scholarships, the best five plans will be sent to Congress and to President Barack Obama himself. Winning submissions will also be published on Foreclosure.com.

For complete details and submission requirements/instructions for the Foreclosure.com Scholarship Program visit www.foreclosure.com/scholarship.