Top Takeaways
Each year, 3 million students drop out of college because of a financial emergency of $500 or less.
The number of emergency aid programs has grown eightfold since 2016, signaling that schools recognize the importance of providing student emergency financial resources.
Edquity uses tech to simplify the aid approval process, which traditionally takes days or even weeks.
Edquity collects data that enables school administrators to track their students’ financial health and identify students in need quickly.
Data Spotlight
Seven colleges in the Dallas County Community College District (DCCCD) are currently using Edquity, where it’s connecting students with much-needed support and helping to lower administrative costs. And the demand continues to grow.
Our Supporters
This research is generously supported by the MetLife Foundation.