Quotanda’s custom financial aid origination and servicing technology gives you the power to improve the customer experience and expand impact while reducing administration costs.
We help foundations to help more students by offering efficient digital scholarship and/or loan programs.
Loan programs allow foundations to reinvest interest and principal for future generations.
80% of students with Quotanda-supported financial aid couldn’t pay for their studies without financial aid
For 56% of students with Quotanda-supported financial aid, it was their only possible financial aid option
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Custom digital financial aid origination processes allow foundations to define impact criteria and offer custom applications by product with underwriting criteria, biometric, data and document verifications (your team or ours) as well as automated contract generation and e-signature. We also automate cosigner on-boarding as needed.
Borrowers have a log-in with an updated payment schedule and as well as payment gateways, automated statements, SMS, emails and telephone communication.
Foundations get real-time dashboards with applicant progress, portfolio performance and automated reporting.