The Kresge Foundation Awards Scholarship America $150,000 Technology Development Grant
By Scholarship America
Scholarship America, the nation’s largest scholarship provider, is proud to announce that The Kresge Foundation has awarded our organization a $150,000 12-month technology development grant. The grant funds will contribute towards the development of a new data insights product, which will help Scholarship America more efficiently distribute scholarships to talented students facing significant financial need.
“The more we understand about our students, the better we can help them face their challenges, and we are grateful for Kresge’s support of our work,” said Don Yu, Scholarship America Chief Strategy & Product Officer. “This data insight innovation will be crucial for measuring progress toward our North Star goal of maximizing the scholarship dollars that are awarded to students from historically marginalized communities who have significant financial need.”
“Despite the many investments and initiatives designed to remove the cost barrier of getting to and through college, we are still seeing students struggle to afford a degree or credential,” says Reuben Kapp, Program Officer serving The Kresge Foundation’s Education Program. “Scholarships are a lifeline for thousands of students every year and we are excited to support Scholarship America’s efforts to help get necessary financial aid to scholars who need it.”
About The Kresge Foundation
The Kresge Foundation was founded in 1924 to promote human progress. Today, Kresge fulfills that mission by building and strengthening pathways to opportunity for low-income people in America’s cities, seeking to dismantle structural and systemic barriers to equality and justice. Using a full array of grant, loan, and other investment tools, Kresge invests more than $160 million annually to foster economic and social change. For more information visit kresge.org.
About Scholarship America
Scholarship America is a nonprofit organization that works to eliminate barriers to educational success so that any student can pursue their dream. Since it was founded in 1958, Scholarship America has distributed $5.1 billion to 3 million students, making it the nation’s largest private scholarship provider.