ScholarshipMentor Salary

ScholarshipMentor Salary

How much does the ScholarshipMentor Pay for employees?

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As of July 2026, the average annual salary for employees at ScholarshipMentor in the United States is $108,644. This translates to an approximate hourly wage of $52. Salaries at ScholarshipMentor typically range from $95,273 to $123,158 annually, reflecting the diverse roles and experience levels within the company. ScholarshipMentor’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at ScholarshipMentor

Ready for your next career move? Explore current job openings at ScholarshipMentor. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is ScholarshipMentor’s Pay Competitive? Salary Benchmarking Analysis

How does ScholarshipMentor’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
ScholarshipMentor
Financial Services
Executive Merchant Services Inc
Namee&t Holdings Group LLC
Industry Comparison
Our data shows that, on average, compensation at ScholarshipMentor is below the average for the U.S. Financial Services industry by approximately 11%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared ScholarshipMentor average annual salary with several similar companies. ScholarshipMentor average salary of $108,644 is higher than Executive Merchant Services Inc, which has an average salary of $103,086. It is higher than Namee&t Holdings Group LLC, with their average salary at $85,766. This places ScholarshipMentor in a competitive position among its peers.
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How ScholarshipMentor's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at ScholarshipMentor. Click a company name to learn more.

Employee Reviews: Working at ScholarshipMentor

Considering a career at ScholarshipMentor? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Communication across departments is inconsistent. The work is meaningful. Departmental silos are minimal - we function as one cohesive organization. I’ve been able to advance my skills and take on new challenges thanks to their supportive environment. It’s a decent place to gain foundational experience, but those seeking dynamic challenges might feel limited in growth opportunities. These thoughtf...
Commented in March 16, 2025
9
1
Feedback is specific and constructive. This synergy not only enhances operational efficiency but also creates a supportive and intellectually stimulating environment for all employees. I’ve had a great experience learning new systems and taking on responsibility. Being part of a team with operations spanning continents means collaborating with diverse cultures and understanding global market dyna...
Commented in February 25, 2025
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Work-life balance is respected, with flexible scheduling options. A forward-thinking environment with strong financial ethics and a people-first mindset. Quiet spaces are available for focused work. The culture is formal and process-oriented, which can restrict creativity and adaptability. The company invests in training and development, allowing me to constantly expand my financial services knowl...
Commented in February 22, 2024
8
2

ScholarshipMentor Overview

Website
www.scholarshipmentor.com
Founded In
1963
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Address
454 Arlington Rd Cedarhurst New York NY 11516
Revenue
<$5 Million
Phone Number
-
Social Media
About ScholarshipMentor
Let's face it, you're looking for a way to get the college admission's officer to sit up and take notice of your application. When you apply to college there are five pieces to the puzzle: your GPA, SAT scores, college essay, references and extracurricular activities. You should examine each of these areas and develop a strategy to improve them, we encourage you to do that. However, it has been ou

What Benefits Does ScholarshipMentor Offer Beyond Salary?

A competitive compensation package is more than just a salary. ScholarshipMentor offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near New York?

Understanding the cost of living near New York is key to truly evaluating a salary offer or your current compensation at ScholarshipMentor.
New York City's Cost of Living Index is approximately 204.5 (104.5% more than US average; 63.5% more than NY average). Extremely expensive globally, driven by exorbitant housing. Extensive MTA subway/bus. When planning your budget based on a salary from ScholarshipMentor, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $3,500 - $5,000+ (Highly variable by borough) A significant portion of ScholarshipMentor salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $127 (MTA 30-day MetroCard) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $450 - $800+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $5,177 - $7,877+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of ScholarshipMentor

1. What is the estimated average total compensation at ScholarshipMentor?

Salary.com estimates that the average total compensation package at ScholarshipMentor, which can include base salary, potential bonuses, and benefits, is around $108,644 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does ScholarshipMentor pay compared to Executive Merchant Services Inc?

The average annual salary at ScholarshipMentor is $108,644, or an hourly wage of $52, in comparison to Executive Merchant Services Inc which pays $103,086 per year or $50 per hour.

3. What's the typical salary progression for an employee moving from an entry-level to a senior role at ScholarshipMentor?

Salary progression from an entry-level to a senior role at ScholarshipMentor can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

4. How can I determine if a salary offer from ScholarshipMentor in New York is fair given the local cost of living?

To determine if a salary offer from ScholarshipMentor in New York is fair, first compare the gross salary to our data for similar roles at ScholarshipMentor and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for New York" to understand its purchasing power.

5. Are promotions at ScholarshipMentor usually accompanied by a significant salary increase?

Yes, promotions at ScholarshipMentor are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.

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