NEW YORK – August 2, 2023 – Sparrow, a pioneering financial technology startup, and SAGE Scholars, the nation’s oldest and largest private college preparation and funding organization, have announced a
transformative partnership to promote accessible and sustainable ways of financing higher education. Through this collaboration, Sparrow and SAGE Scholars are set to offer innovative solutions to empower
students and families seeking affordable pathways to college.
We are delighted to collaborate with Sparrow, a visionary company that shares our mission of providing affordable education opportunities. Through this partnership, we are better equipped to extend our reach and manifest our mission, enabling students to pursue their dreams without being overwhelmed by student debt.Michael Hall, Chief Executive Officer at SAGE Scholars
Enhancing Financial Accessibility
By leveraging Sparrow’s white-labeled student financing marketplace, SAGE Scholars gains access to a vast network of reputable lenders, providing students with diverse funding options while maintaining a cohesive user experience.
With the goal of making education accessible to all, our partnership with SAGE Scholars represents a step towards ensuring the next generation has the means to pursue higher education without undue financial burdens. By leveraging the power of data-driven strategies and cutting-edge technology, we are determined to create a lasting impact on students’ lives and help them achieve their academic aspirations.Harrison Hochman, Chief Executive Officer at Sparrow
Promoting the Next Generation’s Educational Journey
As the upcoming academic year approaches, Sparrow and SAGE Scholars are set to empower students with a host of features and functionalities, including:
- Access to an extensive database of personalized student loan offers with 260+ unique data attributes per user.
- A three minute pre-qualification process to check rates from a vast nationwide network of lenders.
- An ability to check rates with multiple lenders that do not require cosigners.
Sparrow was founded in 2020 by Hochman, Griffin Morris, and Daniel Kahn. Since its inception, Sparrow has emerged as one of the fastest-growing student lending platforms in the U.S., facilitating the search of over $500 million of private student loans.
Sparrow, one of the fastest growing student student lending platforms in the U.S., offers solutions to borrowers and businesses. Borrowers use Sparrow to search and compare real student loan rates through a single form, bringing simplicity, choice, and transparency to an otherwise inefficient and opaque lending process. Businesses use Sparrow to offer their customers a white-labeled student loan marketplace. Founded by students for students, Sparrow’s mission is to make education accessible and affordable for all. Learn more at www.sparrowfi.com and follow us on LinkedIn.
About SAGE Scholars
SAGE Scholars, headquartered in Philadelphia, is the nation’s oldest and largest private college preparation and funding organization. With a mission to provide access to affordable college opportunities, SAGE Scholars brings together families, colleges and universities, and benefit providers to create college funding solutions. For more information, visit www.tuitionrewards.com.
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