TRANSFORMATIONAL, RELATIONAL AND FINANCIAL PARTNERSHIPS
Hand-Up Financial Group
Hand-Up Financial Group
HAND-UP FINANCIAL GROUP (“Hand-Up” or “HU”) is a unique non-profit education financing platform that provides GAP Funding solutions to students and educational institutions—via its mission-focused donors and investors to meet diverse needs and achieve common goals.
Need & Opportunity
Need & Opportunity
The 2008 financial market meltdown, the 2010 nationalization of federal student lending into a single-payer system, and other regulatory changes collectively combined to eliminate funding from over 1,500 financial institutions that previously supported the funding of higher education. As a result, billions of dollars per year in private-funded student financing vanished, leaving only students/families in the highest income brackets and credit tiers able to access GAP Funding (defined as the last dollars needed for someone to attend the school and program of their choice). Hand-Up fills this void, breaking down barriers to entry for students and helping schools escape from suffocating unfunded tuition discounts.
Who Does Hand Up Serve?
Who Does Hand Up Serve?
GAP Funding can affect students from many different backgrounds, but the groups most often affected are the following:
- Independent/adult students
- Minority students
- Students from lower socioeconomic means
- First-generation students
- Students that receive less Merit based aid
- Families where parents are ineligible for Federal and/or credit-tested loans
- Student attending underserved faith-based, liberal arts or vocation schools
About Us
HU Founder, Don King, has assembled a team with over 100 years of Education Finance, Higher Ed and Corporate Finance experience to make a difference in the lives of underserved students. Learn more about our Mission, Guiding Principles/Vision, Goals, Purpose, Founding Story and Executive Team & Board of Directors.
Resources
Throughout their careers Hand-Up’s leadership team and board members have sought to support the communities they serve by providing content to a variety of constituents, including their schools, industry associations and legislative and regulatory policy makers. This support can take many forms, such as writing articles and white papers or presenting at industry conferences. Below are links to content that we believe will be useful and informative to those in our sphere of influence. We hope you enjoy this content and if you have any questions or would like to discuss any of the topics in greater detail please contact us.