21/11/2019
"Just three days after the tornadoes hit, Edquity began supporting Dallas students. In barely a week we processed over 250 applications—it took students less than 5 minutes to apply, under 24 hours to receive a decision, and they could get the funds transmitted to their bank account in no more than 48 hours. We distributed more $70,000 in assistance to students who need it most: 3 in 4 recipients are housing insecure, and almost 1 in 3 has a young child."
These outcomes prove the necessity of Emergency Aid funds in colleges, where basic needs insecurity is a real problem. Our team at Edquity has been working hard to automate Emergency Aid these past months and I am so proud of our results!
We need to keep advocating for structural policy reforms to support students. We also need creative solutions, including from tech.