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

PDX Code Guild Logo
PDX Code Guild

PDX Code Guild offers full-stack web and software developer training in fast-paced, immersive Bootcamps. Small class sizes and intensive instruction ensure students get the maximum results in the shortest amount of time while working on original projects. PDX Code Guild gives students the skills and portfolio they need to succeed.
Education
Portland, OR, 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
Outcome Group Logo
Outcome Group

Outcome-based Education Financing through Income Share Agreements
Education
New York, NY, USA
Savi Logo
Savi

Savi is a social impact technology startup in Washington, D.C. working to solve the student debt crisis affecting 46 million borrowers by helping them discover new repayment and loan forgiveness options. Founded by long-time student loan experts and advocates, Savi is a public benefit corporation that works with employers, membership organizations, and financial institutions to provide our service as a unique student loan benefit.
Education
Poverty Alleviation & Economic Development
Washington D.C., DC, USA

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