Skip to main content
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

  • Construction Begins on 100+ Acre K–12 Campus Designed for Lakota Culture

    The Cheyenne River Sioux Tribe (CRST) and the Cheyenne-Eagle Butte School District in Eagle Butte, S.D., recently broke ground on a new K–12 campus that will cover more than 100 acres and serve students and families across 1,600 square miles, according to a news release.

  • Wold Architects & Engineers Announces Acquisition of JJCA

    Wold Architects & Engineers, based in Minneapolis, Minn., recently announced that it has acquired JJCA, an architecture firm based in Nashville, Tenn., according to a press release. JJCA specializes in healthcare and education design; the partnership allows both firms to expand their presence across the country while building on existing strengths.

  • California District Opens New Robotics Center

    The Fremont Union High School District (FUHSD) in Cupertino, Calif., recently held a Grand Opening ceremony for a new, district-wide Robotics Center, according to a news release. The 14,500-square-foot facility was designed by Quattrocchi Kwok Architects (QKA); Landmark Constructors served as the builder and Blach Construction as general construction manager.

  • UT-San Antonio Begins Residence Hall Renovations

    The University of Texas at San Antonio recently began a $6-million renovation project to one of its residence halls, according to a news release. Originally completed in 1986, Chisolm Hall measures in at 120,860 square feet and is the oldest and largest residence hall on campus.