Financial Aid & Student Loan Debt image

Financial Aid & Student Loan Debt

Helping students get funding and scholarships and work to reduce or manage their student loan debt

Education Subcategories

What is financial aid and what is student loan debt?

Financial aid is money provided to students and families to pay for educational expenses. This includes grants, scholarships, work-study, and loans. Financial aid can help cover costs associated with tuition, books, living expenses, and other educational-related costs.

Student loan debt is a type of debt incurred by students when they borrow money to pay for their post-secondary education, typically in the form of loans. It is a problem because it can be difficult to pay back, especially for students who are unable to find a well-paying job after graduating. The interest rates are often high and loan payments can be a significant financial burden for many graduates.

Because loan providers sometimes have predatory tactics and loans can be a significant financial burden, Tech Jobs for Good generally does not approve loan providers as 'for good’ organizations unless they can substantially demonstrate how they create a positive impact.

How is technology being used to improve financial aid and lower student loan debt?

Online applications and services are making it easier for students to discover, apply for, and access financial aid. Technology is also being used to create specialized tools to help students calculate their cost of college and understand the true cost of their loans. There are also companies and organizations leveraging technology to offer income-driven repayment plans and advocate for loan forgiveness programs.

Financial Aid & Student Loan Debt Organizations

Outcome Group Logo
Outcome Group

Outcome-based Education Financing through Income Share Agreements
New York, NY, USA
Denver Scholarship Foundation Logo
Denver Scholarship Foundation

The Denver Scholarship Foundation inspires and empowers Denver Public Schools’ students to enroll in and graduate from postsecondary institutions of higher education, by providing the tools, knowledge, and financial resources essential for success.
Denver, CO, USA
Earnest Logo

We are a skilled team of design, math, finance, and technology geeks who noticed a lack of trust in the financial system and decided to do something about it. We created a company that combines data science, streamlined design, and exceptional service to bring people a fast, low-cost, and hyper-personalized financial experience. Our mission is to make credit more accessible by reducing the costs and barriers faced by millions of financially responsible people.
Poverty Alleviation & Economic Development
San Francisco, CA, USA
Salt Lake City, UT, USA
BestFit, Inc. Logo
BestFit, Inc.

BestFit makes it easy for students to access the financial and social support services they’re eligible for so they can thrive in college.
Poverty Alleviation & Economic Development
Atlanta, GA, USA

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