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Inspiring Academic Achievement
GradeFund is the leading community-based approach to student education financing that naturally encourages academic success. Family, friends, philanthropists, corporations and other organizations work in harmony to reward high school, college and graduate students for performing well in their pursuit of academic excellence. As an alternative to increasingly competitive scholarships and high interest-bearing loans, GradeFund ushers in a new, disruptive platform for positive social impact, helping students ease the financial burden of college through a merit based system.
GradeFund seeks to help cash-strapped students who are already facing:
- $27,000 on average in loan debt
- 85% chance they will move home after graduation for lack of employment
- Tuition fees that are rising between 9% and 30% annually
The platform allows students to invite their friends and family to sponsor their drive for good grades. Sponsors choose grade levels and sponsorship amounts for each grade (as low as $5). Each semester students upload their transcript. GradeFund verifies grades, collects money from sponsors, and disperses funds to schools or students. For corporations who want to engage students even further, GradeFund serves as a vehicle to connect with tens of thousands of students across the country.