Submitted
Equitable Classrooms

Virtual Scholarship Center

Team Leader
Jessica Johnson
Solution Overview
Solution Name:
Virtual Scholarship Center
One-line solution summary:
We leverage technology to make college affordability a community affair for minorty students
Pitch your solution.

As a personal recipient of over $200,000 in scholarships, I launched VSC because of the equity gaps that exist in the $1.64 trillion student loan market. VSC addresses 3 pressing issues - lack of minority family awareness of financial aid options, limited counselor capacity in high-need communities, and the inability to address gaps over the course of enrollment.

Our solution, The Virtual Scholarship Center, helps school districts and nonprofits create a structured financial aid pathway along with benchmarks of progress, and capacity-building supports via trainings and access to corporate volunteer engagement.  The customized scholarship search engine grants minority students access to local/state-based aid that they have a stronger chance of winning.  When scaled, we envision utilizing our tools, scholarship provider network and volunteer infrastructure to re-define what "college material" looks like in underserved communities.



Film your elevator pitch.
What specific problem are you solving?

35,000- That’s the average amount of debt facing recent graduates. According to a Gates Foundation report, 70% of students who dropped out of college cited finances as a primary obstacle. We're reimagining the financial aid process, using tech to build healthier financial aid cultures where financial aid doesn't just "happen" to the more than 7 million low income, minority families that pursue college enrollment each year.   Our online tool, The Virtual Scholarship Center is a scholarship planning platform that flips the financial aid model by enabling local scholarship providers to
search for eligible students, equipping counselors with tools to track 4-yr college funding planning (not simply enrollment), and making college funding a 'community affair" by engaging trained corporate partners in individualized virtual financial aid volunteering strategies that increase students' ability to
enroll AND graduate with limited loan debt.  

What is your solution?

We're helping to improve the overall financial health of our users by 1) challenging them to anticipate the gaps in their financial aid packagesthat typically halt matriculation, 2) connecting them to local and state-based resources that reduce their overall loan debt and increase their likelihood of graduating with minimum debt and 3) position them to begin adulthood without the burden of student loan debt so that they can break the cycles of poverty in their communities.

Using a scholarship search engine scraper to create customized local scholarship databases on an Amazon web server, and a mobile app that provides instant "chat" opportunities with financial aid experts, we create a virtual community of financial aid accountability that would 1) connect students to tangible financial aid planning resources, 2) increase counselors’ capacity to effectively position students for private scholarship success and 3) expand the eligible applicant pool for local scholarship providers via a common scholarship application form.

Who does your solution serve, and in what ways will the solution impact their lives?

Our target customers consist of 3 primary target groups: 1) low-income (defined by free/reduced lunch and Pell-eligibility with an average household income of $25,000 or less (ranges from $10,000 - $40,000
depending on household size), 2) first-generation college students with limited financial aid planning information, and 3) college access advisors in under-resourced communities who lack both the tools and the capacity to help families develop realistic college funding strategies.

Our program was initially designed to break through the stereotypical barriers that define what "college material" looks like in the urban communities by focusing on "average" students (2.5- 3.3 GPA) in grades9-12 who would not normally interact with their guidance counselors, college prep advisors etc. Our niche is students who aren't typically viewed as "college material", students in the average 2.5 GPA range, and disconnected youth that identify as homeless or in foster care. We also have a solid reputation of engaging boys of color in our work across multiple partner sites.

To implement this solution, we partner with  local, regional and state-wide nonprofits and high schools/districts that are committed to "doing financial aid differently."  Using a 360 degree Financial Aid Assessment tool, we gage the financial aid knowledge, engagement, and efficacy of students, parents and counselors, and design a series of Train the Trainer sessions, financial aid immersion events such as Escape Rooms, and online courses to increase their ability to navigate the private scholarship market.  This, coupled with our customized local/state-based scholarship search engine and partnerships with local scholarship providers that are open to engaging students outside their traditional recruitment pipelines creates a financial aid rigor comparable to that placed on the other aspects of the college admissions process (SAT Prep, college selection, etc).

Which dimension of the Challenge does your solution most closely address?
  • Increase the engagement of learners in remote, hybrid, and physical environments, including strategies and tools for parental support, peer interaction, and guided independent work.
Explain how the problem you are addressing, the solution you have designed, and the population you are serving align with the Challenge.

College affordabiility may not track as racial inequity. But considering the fact that 81 of African-Americans borrow, and (39%) of African-American borrowers drop out of college( 29% white borrowers), inequity's clear. Zip codes shouldn't be the determinant. We create a healthy financial aid ecosystem for minorty students by 1) partnering with schools in communities with CCRPI Indexes below 80% and training advisors and volunteers to connect students to a vital 4-year college funding community and 2) addressing an equity gap in viable local scholarship programs struggling to recruit by creating a  pipeline to connect students who are "left out.

In what city, town, or region is your solution team headquartered?
Atlanta, GA, USA
What is your solution’s stage of development?
  • Scale: A sustainable enterprise working in several communities or countries that is looking to scale significantly, focusing on increased efficiency.
Explain why you selected this stage of development for your solution.

Our solution is currently implements in 12 counties throughout the state of Georgia, engaging nearly 8000 students, 200 corporate volunteers and more than 100 college access counselors.  With the recent launch of our local scholarship provider portal, we're rapidly onboarding an average of 10 scholarship providers/month onto the portal to "do financial aid diffently.

By expanding our Train the Trainer model via strategic partnerships,
greater numbers of black youth will engage in advanced financial aid planning. In short,we're building the technology, volunteer capacity and trainings to "make college funding a community affair" in black
communities throughout Georgia, New York and Washington, DC.

Who is the Team Lead for your solution?
Jessica Johnson
More About Your Solution
About Your Team
Your Business Model & Partnerships
Partnership & Prize Funding Opportunities
Solution Team:
Jessica  Johnson
Jessica Johnson