AI Chat & Voice Bot for Financial Aid Grant
Type of Grant: In-Kind Software and Services
Eligible Award Amount: Up To $50,000 Over 5 Years
CAMPUS CONSORTIUM GRANT PROGRAM OVERVIEW
It is the mission of the Consortium to help institutions use technology to achieve their strategic plans, modernize the student experience and make education more accessible and affordable for the communities served. Campus Consortium grant programs are designed to provide awarded institutions with in-kind solutions and services that are powered by technology partners who have demonstrated a longstanding commitment to serving the needs of campuses and have a track record of successful implementations.
The Campus Consortium has partnered with BlackBeltHelp to provide the technology platform and services for the AI Chat & Voice Bot for Financial Aid Grant.
AI CHAT & VOICE BOT FOR FINANCIAL AID GRANT OVERVIEW
The AI Chat & Voice Bot for Financial Aid Grant is designed to provide awarded institutions with the requisite licenses and services to a comprehensive AI Chat & Voice Bot for Financial Aid solution. Following the Campus Consortium’s due diligence process, Grant recipients may receive up to $50,000 in software licenses, support and implementation services for a term of up to five (5) years.
Please note: Only a limited number of institutions will be awarded.
BENEFITS OF THE AI CHAT & VOICE BOT FOR FINANCIAL AID GRANT
- Assists your students with the aid eligibility – responds to general and detailed financial aid questions as well as specific individual account inquiries.
- Answers loan status questions – including anticipated disbursement dates and funds credited to students’ accounts, payment information, refund questions, registration/financial holds and billing transactions.
- AI for Financial Aid addresses their queries within seconds resulting in higher levels of engagement and increases in the number of students applying for and receiving Financial Aid. It plays a vital role in proactive communication at an institution, ensures faster resolution of students’ queries via chat, therefore reducing the number of calls and support costs.
WHO CAN APPLY & WHAT IS THE QUALIFICATION CRITERIA?
- Accredited Higher Education institutions and K-12 schools are eligible to apply.
- Institutions are eligible to apply for multiple grants. Separate applications are required for each grant pursued.
- Applicants are required to demonstrate institutional purpose in the form of a “letter of intent” signed by Dean/President or member of campus leadership team. The letter should indicate the challenges the solution aims to solve and why the grant would be helpful to the institution.
Please note: If your institution has previously received a grant award for other Campus Consortium grants, your campus is eligible to apply for this grant.