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

  • Harvard Announces Replacement Facility for Native American Program

    Harvard University in Cambridge, Mass., recently announced that construction will begin this spring on a new home for its Native American Program, according to university news. The 6,500-square-foot, all-electric building will stand three stories and serve as the central hub for the Harvard University Native American Program (HUNAP).

  • University of Oklahoma Announces New Campus Master Plan

    The University of Oklahoma in Norman, Okla., recently announced that it will soon launch a new, comprehensive Campus Master Plan to guide the campus’ physical development during the next decade, according to a news release.

  • Universities Continue to Launch Multimillion-Dollar Campus Transformations

    What makes the current wave of campus development especially noteworthy is its emphasis on multi-use functionality and community integration. Institutions are no longer investing solely in academic or athletic facilities in isolation. Instead, they are creating destinations that blend recreation, health, housing, and event-driven economic activity.

  • Fargo, N.D., Starts Construction on Consolidated Elementary School

    Fargo Public Schools in Fargo, N.D., recently announced the beginning of construction on a new elementary school, according to a news release. The district partnered with ICON Architectural Group and Kraus-Anderson Construction on the new Horace Mann Elementary School.