RentHop Apartment Scholarship
The RentHop Apartment Scholarship awards $3,000 a year to eligible undergraduate students in bachelors and associate degree programs in the US who demonstrate the ambition, diligence, leadership, and entrepreneurial spirit that is central to our company culture.
Apartment hunting can be overwhelming, often compared to a marathon and a sprint at the same time. A successful transaction will require the stamina and endurance to visit possibly dozens of addresses and listings to find the perfect home, while also requiring enough decisiveness and organization to quickly secure a discovered rare gem before losing it to the competition. We have built a platform and service that modernizes many aspects of real estate transactions, beginning with the home search.
To apply, send an essay under 1000 words that concisely answers the question:
Technology is changing every aspect of our daily lives, from searching for real estate to phones in our pocket that are more powerful than anyone would have imagined a generation prior. In the next 5 years, what do you feel will be the most profound changes that impact college graduates, their careers, and their personal lives? To what extent are those cultural and societal shifts aligned with your personal ambitions, your school degree program, and the RentHop values?
For those who are having some trouble deciding what to write in the essays, we can suggest a few ideas as starting points. However, feel free to answer the questions as you like, and we of course welcome creative responses!
That said, some of the items that interest us include:
- Why do you feel your college was a good fit for you given the changing world?
- As you pursue the next steps in your career, how do you balance relocating for a dream job versus living in your desired area? Will location be more or less important in the future?
- What are some of the most important extracurricular activities that your school is able to help you foster?
- Have you ever examined a seemingly simple problem such as apartment hunting, or doing tedious errands, and figured out a way to drastically make the process more efficient or enjoyable?
- We live in a world with increasingly more data at our fingertips. What types of interesting data would you love to see to transform or challenge our current assumptions?
- This scholarship includes an optional internship, if it coincides appropriately with your degree program. What feature do you find missing in the current RentHop apartment search engine? Do we adequately service your desired city?
Rules and Awards
All Rules Subject to RentHop Scholarship Board Review
You must be a current student in an eligible undergraduate program or a graduating high school senior, working towards a bachelors degree or associates degree. Each year a total of 3 students will be awarded:
Awards include the following:
- Cash scholarship of $1000
- An part-time or full-time internship with RentHop (optional)
The Founder Story, Post-College Moving
Our story begins in 2008 when the two co-founders, Lawrence and Lee, each indepedently
had very bad apartment search experiences in NYC. They had only been out of college a
few years and wondered why in this day and age, technology had not yet solved or at least
greatly reduced the pain of finding a rental home.
In Lee's case, he called a broker advertising a rent-stabilized apartment
on Craigslist. Little did he know he would eventually agree to spend all day
with the agent looking at a half dozen apartments, none of which
were as attractive as the originally advertised one, and none that were
actually rent-stabilized. Within a year of moving to NYC, Lee eventually
solved his personal rental problem permanently: he purchased a co-op apartment
near Bryant Park where he still lives to this day!
Lawrence was fortunate enough to room with some close college friends during his
early years in Manhattan. After a short stint downtown in the Financial District,
he shared a condo in Midtown Manhattan with a fellow University of Pennsylvania alumni.
Eventually, it was time for Lawrence to find his own studio. However, despite knowing
exactly where in the city he wanted to live, he still jumped through far too many hoops
only to move one block from where he had lived previously. Like Lee, he kept
wondering at every step along the way why things were so painful.
More About RentHop Today
We want to simplify your apartment search.
Apartment hunting is stressful and overwhelming. We know finding a
new home is definitely not about looking at every possible advertised apartment.
It's about looking at the best apartments that fit your criteria. After all, you
will eventually only pick one of them. The game is about quality over quantity.
Using quantitative algorithms and nerdy technology, we created RentHop, a
site that sorts listings by quality. We know you don't want to see
listings without photos or waste time with unresponsive landlords and brokers.
Even today, most other sites sort by price or the posting date. RentHop
relies on our HopScore, a sophisticated set of algorithms
that ranks apartment listings
by quality, so only the best rise to the top.
Adila Wahdat, Winner Fall 2015
Eastern Mennonite University
Adila is a sophomore at Eastern Mennonite University (EMU) pursuing her undergraduate degree in digital media. She was born in Kabul and grew up as a refugee in Pakistan. Adila came to the United States from Kabul, Afghanistan to attend university and plans to return there after she graduates. Her dream is that within five years of graduating she will be in Afghanistan where she'll work as a professional designer and inspire other young Afghan women.
Michelle Huang, Honorable Mention Fall 2015
Michelle Huang is a first year at Columbia University studying Art History and Financial Economics. She is currently a Product Development Associate at Spectator Publishing Company which produces products to streamline Columbia life such as multiple journalism sites, a registration website, a real-time housing lottery website, an app that acts as a digital punchcard for restaurants in the area, an orientation guide, and more.. In her free time, she enjoys ice skating, running, and painting.
James Warlick, Honorable Mention Fall 2015
Texas A&M Commerce
James Warlick and his wife are both current students attending Texas A&M Commerce. James is studying Computer Science and Mathematics in order to further his career in Information Technology. Outside of school and work, he enjoys sports such as golf and running. Fun fact, James was heavily involved with Business Professionals of America (BPA) program back in high school where he participated in yearly competitions that were held in business-related academic areas. James was able to participate in regional, state, and national conferences.
Jennifer E Croy, Honorable Mention Fall 2015
Santa Fe College
Jennifer Croy is 17 years old and currently attends Santa Fe College in Gainesville, Florida. Her major is Health Sciences, and she plans to become a physical therapist. Jennifer enjoys reading, dancing, and playing guitar in her spare time. One of Jennifer's favorite quotes is from Abraham Lincoln, who remarked, “The best way to predict your future is to create it.” This quote has inspired Jennifer in her dreams to make a difference in the world.
Apply Today at
Please see the scholarship terms, conditions, guidelines, and policies
for more information.
You must apply using your school email address. If your school does not provide one, then you may still apply using your personal email, but we will ultimately need to verify your eligibility upon submission.
Appplication Deadlines (Winner notified within 30 days of each deadline):
- April 30, 2016
- August 31, 2016
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