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74% of Students Lack Access to Tuition Payment Apps

  • Delayed disbursements of scholarship funds and inefficiencies in federal loan systems are creating obstacles for students in accessing timely financial support for education.
  • Private schools, especially smaller ones, heavily rely on scholarship funds to cover operational costs. Delayed payments can lead to financial strain and disrupt daily operations.
  • Inefficiencies in federal loan systems have resulted in confusion for borrowers, long wait times for assistance, and increased call volumes to loan servicers.
  • 74% of students do not have access to tuition payment options via an app, highlighting the need for modern, user-friendly payment solutions for students.

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