Venture:
Future Scholars
Founder:
Sumit Karn
Industry:
Education
Venture Type:
For-profit
What is the social or environmental issue being addressed?
In the United States, a significant number of students, approximately two-thirds, face the prospect of dropping out due to financial constraints. Additionally, 79 percent of students experience delays in their graduation due to financial issues. Envisioning a world where students aren't compelled to abandon their education or postpone graduation due to financial circumstances is crucial.
According to Forbes, there are over $100M in scholarships that go unclaimed every year. The scholarship landscape can be likened to a dense jungle, with millions of dollars going to waste simply because no one applies for them. This is where Future Scholars steps in. Future Scholars is a platform designed to empower underprivileged high school students. It connects them with these overlooked scholarships and provides the essential resources needed to secure these financial aids. Through Future Scholars, we aim to remove the barriers that hinder talented students from pursuing their dreams due to financial limitations.
Innovation:
At Future Scholars, our innovation revolves around developing a platform for underserved and minority students aimed at breaking down the barriers that often hinder their academic and professional growth. Our multifaceted approach centers on equal opportunities, comprehensive support, and mentorship opportunities.
We are committed to providing underserved students access to resources that level the playing field. This means ensuring that financial circumstances do not dictate their opportunities. By connecting them with scholarships and grants, we aim to empower these students to pursue higher education without the burden of financial constraints. We understand that success extends beyond financial aid. Future Scholars offers a holistic approach to academic and professional development. We also recognize the value of personalized guidance in a student's journey. Future Scholars facilitates connections between students and industry professionals who can offer mentorship.
Our platform serves as a bridge between underprivileged students and the vast pool of scholarships and grants that often go unclaimed. We streamline the application process, ensuring students easily access these financial resources. To make this accessible and convenient, we've developed an online platform. Here, students can access resources, track their progress, and engage with a supportive community of like-minded individuals.