Scholly, the scholarship app best known for being featured on Shark Tank, recently announced multiple bulk purchases by both government and educational institutions.
Scholly works like this: After signing up, a student inputs basic information like race, GPA, and gender. The program then searches its database of over 20,000 scholarships and displays the ones for which the student qualifies.
My Brother’s Keeper, an initiative started by President Obama to address opportunity gaps faced by boys and young men of color, recently announced it would purchase 275,000 downloads of Scholly to distribute to participants.
The company also recently announced deals with both the city of Memphis and the state of Montana, both of which are purchasing the app for every high-school senior in their respective region.
While the app still retails on iOS and Android for $.99, the company is shifting its efforts to focus on bulk sales and corporate sponsorships. Christopher Grey, CEO and Co-Founder of Scholly, said that these large…
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