Add as a preferred source on Google

Jefferson Education Accelerator to Test New Education Delivery Approaches

  • 02/23/15

INDIANAPOLIS — USA Funds® recently announced a $3 million investment in the Jefferson Education Accelerator, which will identify, test and nurture innovative education technology solutions. An initiative of the University of Virginia Curry School of Education Foundation, the accelerator will support education technology entrepreneurs with consulting, mentoring, testing, piloting and financing.

“We are pleased to serve as lead investor in this education innovation accelerator as part of our focus on Completion With a Purpose,” says William D. Hansen, USA Funds president and CEO. “We believe that emerging technologies hold great promise for reshaping the pathway to and through college and on to rewarding careers and fulfilling futures for our nation’s students.”

Although best known for its historic role as a student loan guarantor, during the past year, USA Funds has made significant investments in initiatives that promote completion of postsecondary education and training programs with a strong connection to success following graduation. USA Funds is advancing Completion With a Purpose through grant making, policy research and investments in new solutions, such as the Jefferson Education Accelerator.

A unique aspect of the Jefferson Education Accelerator that made it especially attractive to USA Funds is its ability to test new education innovations. “The accelerator will apply the expertise of faculty, students, teachers and administrators to identify which innovations will work in a ‘real-world’ setting,” says Mark L. Pelesh, USA Funds, executive vice president, Corporate and Business Development. “This type of research is invaluable in helping both investors and educators support initiatives that will deliver the greatest impact.”

During the past year, USA Funds has awarded philanthropic grants totaling more than $20 million to initiatives that promote Completion With a Purpose.

USA Funds is a nonprofit corporation that supports Completion With a PurposeSM, building a more purposeful path for America’s students to and through college and on to rewarding careers and successful lives. USA Funds pursues its nonprofit mission through philanthropic activities and partnerships, policy research, and programs and services that enhance preparation for, access to and success in higher education. Learn more at www.usafunds.org.

Featured

  • Little Grand Market

    Designing for Belonging: Why Student Wellness Starts with Space

    From walkable site planning to flexible interiors, intentional design choices play a critical role in how students experience comfort, connection, and community.

  • Texas State University Completes Stadium Renovations

    Texas State University in San Marcos, Texas, recently announced that it has completed a series of additions and renovations to its football stadium, according to a news release. Formerly known as the Bobcat Stadium End Zone Complex, the Johnny and Nathali Weisman Football Performance Center is an 85,000-square-foot expansion featuring hospitality spaces, banquet spaces, exterior concourses, and upgrades to the field house.

  • Photo credit: Elkus Manfredi Architects

    University of Virginia Selects Design-Build Team for New Residential Complex

    The University of Virginia in Charlottesville, Va., recently announced that it has selected a design-build team for a new upper-class residential development on campus, according to a news release. Capstone Development Partners—in partnership with Elkus Manfredi Architects and the Hoar Construction/Hourigan construction team—will move forward with the three-building, 310,000-square-foot housing facility.

  • University of Illinois Moves Forward with College Sports’ Largest Digital Scoreboard

    The University of Illinois in Champaign, Ill., recently announced a series of upgrades to Gies Memorial Stadium that will include the largest scoreboard in college sports, according to a news release.

Digital Edition