Moneythink DecidED College Access Org Funding
Your financial support will go to enabling us to provide our high-level capabilities through our DecidED Tool to 15 College Access orgs as part of our pilot program for free. Our DecidED platform will enable these College Access orgs to tailor their support to their student cohorts by accessing critical data points to better support students in making enrollment decisions with affordability in mind, helping them to avoid financially vulnerable situations. Your direct support will enable us to provide the backend support to College Access orgs as we all push in supporting students with an emphasis on #LessDebtMoreDegrees
DecidED is positioned to support educators and institutions during, throughout, and after the financial aid application process for students.
- Practitioners will be able to use DecidED for relevant, accurate financial aid guidance and advising so that they can navigate the “next normal” as education systems re-invent themselves. Advisors and counselors can feel more confident using clear guidelines and tested methodology when supporting students.
- Administrators and Advocates can use DecidED for training, research, stories, and data that can fuel reform efforts in light of lessons learned this year. Our tool helps schools, districts, and college access organizations extend and deepen the reach and impact of their own services by scaling financial aid literacy and reporting.
Using optical character recognition (OCR) and machine learning technology, DecidED clarifies the difference between gift aid (what students don’t have to pay back such as grants and scholarships) and self-help (what students have to pay back or earn such as loans and work-study), and makes clear what the total costs of attendance are.
Only with all of these pieces can students and families fully understand 1) what college will cost, especially for the first year, 2) how much outside aid they will get to go there, 3) what is left for the family to cover, and 4) how to gauge other important fit factors in the enrollment decision. By helping students make affordability-informed enrollment decisions upfront, we’re creating clearer pathways for students to successfully enter college and be on the road to obtaining a bachelor’s degree within their expected time to completion — all with little to no debt.