(2017-09-08) 6 Startups That Could Help Slash The Cost Of College

6 Startups That Could Help Slash The Cost Of College Education

CollegeBacker

CollegeBacker wants to increase the percentage of Americans who open 529s—and make sure that middle- and lower-income households in particular become adopters. The company sets up 529s on users’ behalf, simplifying a sometimes confusing state-level process, and enables contributions from grandparents and friends

Raise.me

Enter Raise.me, which rewards high school students for achievements like good grades and campus visits—with cash.

Kaleidoscope

Kaleidoscope, a company dedicated to matching students with private scholarship funds—a $72 billion market. It’s like the “common app for private scholarships,”

At the moment, Kaleidoscope is most useful for private funders, who can use Dehn’s technology to reduce the administrative expenses associated with compliance and grant management. But over time, as the site adds more scholarship listings, it will become increasingly useful to students, too.

Frank

the dreaded FAFSA form

Frank offers a streamlined alternative

Prodigy Finance

international postgrads.

CommonBond

Refinancing used to be a paperwork-heavy process, but startups like CommonBond are changing that for the better. After successfully applying to refinance with CommonBond, graduates manage their debt through the startup’s user-friendly website, making it easier to stay on top of monthly payments.