Lumina is offering a prize of up to $10,000 for a solution related to college students accessing federal postsecondary education benefits:
Challenge Overview
The federal government has established a number of options and programs to help students pay for postsecondary educational expenses. Often, the process begins by filling out the Free Application for Federal Student Aid (FAFSA), a form that calculates the Expected Family Contribution, enables institutions to determine a student's eligibility for resources and an offer of financial aid. However, there are other sources of federal aid that cannot be accessed by completing a FAFSA. Lumina Foundation believes that in a student-centered system, benefits access would be simplified across the various federal agencies that provide student aid, and wishes to explore the possibility of a government-sponsored solution to ensure that students can easily apply for, view, and monitor their use of all federal postsecondary education benefits for which they qualify.
For more details: https://www.innocentive.com/ar/challenge/9933504
What is InnoCentive?
InnoCentive is the global innovation marketplace where creative minds solve some of the world's most important problems for cash awards. Commercial, governmental and humanitarian organizations engage with InnoCentive to solve problems that can impact humankind in areas ranging from the environment to medical advancements.
What is an InnoCentive Challenge?
An InnoCentive Challenge is a broad question formulated to obtain access to new ideas, similar to a global brainstorm for producing a breakthrough idea or market survey which may include ideas for a new product line, a new commercial application for a current product, or even a viral marketing idea to recruit new customers. Seekers receive a non-exclusive, perpetual license to use all submissions.
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