Lumni works directly with Colleges and Universities to help manage and expand the resources dedicated to making attendance affordable. Rather than traditional loans, Lumni’s manages investment funds that ask students to repay their obligation as a fixed percentage of income for a fixed period of time. So you use your dollars efficiently and enable students to attend your university without weighing students down with overly burdensome debt.
Whether a University, Community College, or Training Institute, Lumni’s fund can help you meet your goals including:
- Attract and retain a diverse student body
- Provide access for underserved populations
- Raise academic standards by recruiting from a broader population
- Improve retention rates for students working their way through school
- Manage your existing scholarship funds more efficiently
Case Study: Universidad de San Sabastian, Chile
The University of San Sabastian partnered with Lumni to create opportunities for talented, low-income students – those who would typically not be able to attend college – to access a world-class education. The fund supports gifted young adults who wish to become teachers, and in the process, creates a series of benefits for the students themselves, the University, and Chilean society in general. Students are able to improve the future outlook for their lives through a college education. The University is benefiting by attracting some of the country’s brightest young minds, in the process raising academic standards for everyone. The investment is particularly important because selected students have chosen teaching as their profession. As a result, graduates provide a stream of talented, motivated young teachers who return to their hometowns with the training and motivation to improve education in their communities.
