Fastweb Celebrates Milestone Anniversary, 20 Years Helping Students Pay for School

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Jun 01, 2015, 09:00 ET

CHICAGO, June 1, 2015 /PRNewswire/ -- Founded in 1995 as a free online scholarship search, Fastweb today celebrates 20 years of helping students find ways to pay for school. Fastweb (www.fastweb.com), the leading website for scholarship and financial aid information, is a member of the Monster network.

In the first year of the existence, the site that started with 270 scholarship searches on the first day had built a database of more than 180,000 scholarship, grant, loan, and fellowship listings. The free scholarship search site was then renamed Fastweb, which stands for (F)inancial (A)id (S)earch (T)hrough the (W)eb.

On July 12, 2001, Monster Worldwide, a global leader in connecting people to jobs, acquired Fastweb. By June 2004, Fastweb grew to more than 25 million registered users and the awards database grew to more than 600,000 awards.

Today, Fastweb has a database of over 1.5 million scholarships worth over $3.4 billion. The company continues to be the leader in scholarship matching with unique scholarships for students across numerous majors, grade levels and interests such as the $100k Siemens Competition, $50k Imagine Cup Games Competition, $20k Atlas Shrugged Essay Contest, $10k "From Failure to Promise" Essay Contest and the $5k Girls Impact the World Film Festival Scholarship.

"I am proud to say that Fastweb's objective remains the same it was 20 years ago, connecting students and their families with opportunities to help pay for college," said Mark Nelson, Managing Director of Fastweb. "Fastweb continues to guide students through the college process, give practical advice on financial aid, student life, career advice and, of course, match students to scholarships and, today, internships. In fact, 1-in-3 college-bound seniors use Fastweb as a resource, a figure they are extremely honored to share."

Fastweb has added valuable site features, such as Featured Scholarships, Sweeps and Promos, a Student Lending Center and Featured Internships, all of which are additional opportunities for students to find ways to pay for school.

About Fastweb:
Fastweb, a top site in the Monster Worldwide (NYSE: MWW) network, is the nation's recognized leader in helping students pay for school, by providing scholarship and financial aid information, as well as information on jobs and internships. One out of three college-bound seniors use the site, and more than 50 million users have benefitted from Fastweb's information and services. Fastweb lets students create personalized profiles that can be matched against its expansive databases of colleges and scholarships. As the oldest and most popular free online scholarship matching service, the database has more than 1.5 million scholarships totaling over $3.4 billion. To learn more about Fastweb, visit www.fastweb.com and follow Fastweb on social media for the latest on paying for school all year long: Twitter (at @PayingForSchool); Facebook; Pinterest; Google+.

About Monster Worldwide:
Monster Worldwide, Inc. (NYSE: MWW) is a global leader in connecting people to jobs, wherever they are. For more than 20 years, Monster has helped people improve their lives with better jobs, and employers find the best talent. Today, the company offers services in more than 40 countries, providing some of the broadest, most sophisticated job seeking, career management, recruitment and talent management capabilities. Monster continues its pioneering work of transforming the recruiting industry with advanced technology using intelligent digital, social and mobile solutions, including our flagship website monster.com® and a vast array of products and services. For more information visit monster.com/about.

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SOURCE Fastweb