CHAPEL HILL, N.C.--(BUSINESS WIRE)--Chapel Hill, NC-based Scholarships360 announced today that it has raised $250,000 to scale its platform and help more students make the big decisions around applying to and paying for college.
In this past year, Scholarships360 has helped more than 1.1 million students pay for college by providing free access to resources, including vetted scholarship opportunities and advice from industry experts. It will use this new funding to enhance its platform’s personalization features and tools for students, while adding the ability to connect directly with colleges, bootcamps, and employers.
Brothers Will and Brian Geiger, who co-founded Scholarships360, were inspired by their own experiences as first-generation college students navigating the college admissions and financial aid processes.
“I remember searching for scholarships as a high school student and finding more spam than legitimate scholarship opportunities,” said Brian, COO of Scholarships360. “When you’re applying to college you’re making one of the biggest financial decisions of your life, and you need trustworthy information at each step in the process.”
CEO Will Geiger, who has a professional background in college admissions and school counseling, agreed. “Like Brian and I did, the vast majority of students attend high schools with insufficient counseling resources,” he noted. “So, they turn to the internet, where they are bombarded by misinformation, marketing and promotional material wrapped up as advice. This creates a massive informational gap for students, especially those from underserved backgrounds.”
Will also highlighted the growing number of higher education options, from associate and bachelor’s degrees to bootcamps and industry certifications. Scholarships360 bridges the informational gap so all students can make informed, data-driven decisions around college enrollment and financing.
“Whatever background a student comes from and whatever paths they are considering for their future, Scholarships360 will help them make smart, data-driven decisions and successfully navigate the new education landscape.”
Scholarships360 is a mission-focused company that aims to help every student find and fund a high-ROI educational opportunity. Through high-quality, expert content and student-centric recommendations, Scholarships360 helps unpack the most complicated issues that students and parents face when it comes to paying for college. Scholarships360 helps millions of students each year pay for college and discover scholarships. For more information, please visit Scholarships360.org and follow us on Twitter, Facebook, and Linkedin.