Is The Sallie Mae Scholarship Sweepstakes Legit? Many students and parents wonder about the authenticity of this scholarship opportunity. The Sallie Mae Scholarship Sweepstakes is a legitimate program designed to help students fund their education. However, as with any sweepstakes, it's essential to read the terms and conditions carefully and ensure you’re providing information to a trusted source. Ultimately, Is The Sallie Mae Scholarship Sweepstakes Legit? Yes, it is a credible initiative, but always exercise caution when sharing personal information online.