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

Candidly Logo
Candidly

Candidly is an AI-driven student debt and savings optimization platform that addresses the full lifecycle of education expenses and empowers people to make simultaneous progress on paying down student debt and building wealth.
Poverty Alleviation & Economic Development
Partners & Advocates
New York, NY, USA
Wishbone Logo
Wishbone

Wishbone empowers low-income high school students to experience life-changing summer programs.
Poverty Alleviation & Economic Development
Education
San Francisco, CA, USA
QuestBridge Logo
QuestBridge

QuestBridge is a powerful platform that connects the nation's brightest students from low-income backgrounds with leading institutions of higher education and further opportunities. We are an aggregator of excellence. By facilitating these exchanges, QuestBridge aims to increase the percentage of talented low-income students attending the nation's best universities and the ranks of national leadership itself.
Poverty Alleviation & Economic Development
Education
Palo Alto, CA, 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.
Education
Denver, CO, USA

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