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

  • North Dakota State University Completes Music School Renovation

    North Dakota State University in Fargo, N.D., recently announced that construction on the Challey School of Music has finished, according to a news release. The university partnered with Foss Architecture & Interiors for design and Kraus-Anderson for construction services, and construction began in July 2024.

  • LSU Breaks Ground on $200M Residential Project

    Louisiana State University in Baton Rouge, La., recently broke ground on a new residential complex, according to university news. The South Quad residential project will consist of two buildings and add a total of 1,266 beds for freshmen students. The development comes with a price tag of $200 million, and it’s scheduled to open to students in fall 2027.

  • Beyond Four Walls

    Operable glass walls provide a dynamic solution for educational spaces. They align with today’s evolving teaching methods and adapt to the needs of modern learners. Beyond the functional versatility, movable glass walls offer clean, contemporary aesthetics, slim and unobtrusive profiles, and versatile configurations that cater to the evolving needs of students and educators alike.

  • Upcoming University of Alabama Performing Arts Center Hits Construction Milestone

    The University of Alabama in Tuscaloosa, Ala., recently celebrated the topping out of its new Smith Family Center for Performing Arts, according to a news release. The university is partnering with HPM for program and project management on the facility, which broke ground in 2023 and is scheduled for completion in November 2026.

Digital Edition