Step Up For Students Selects NLP Logix to Build Education Savings Account Platform
Rapid expansion of education savings accounts, which empower parents and students to choose their education resources, requires a platform to streamline and provide visibility on how funds are spent.
JACKSONVILLE, Fla., Dec. 21, 2020 /PRNewswire-PRWeb/ -- Step Up For Students was founded to empower families to pursue and engage in the most appropriate learning options for their children, with an emphasis on families who lack the information and financial resources to access these options. Over the years, Step Up For Students has developed internal systems and procedures to administer these scholarships, which disproportionally benefit minority children and families, but now they are expecting exponential growth in demand.
"Even before COVID," said Doug Tuthill, President, Step Up For Students, "we were expecting to grow from administering $700m in scholarships to over $1b. But now, families are having to supplement their children's education at home and/or through neighborhood pods, which has increased the need for parents to have access to more scholarship funds, and more flexibility in how these funds are spent."
To support their mission and growth, Step Up For Students has turned to NLP Logix, a Jacksonville, Florida-based machine learning and artificial intelligence company, to integrate and build the platform the parents can use to manage their children's education. The platform is incorporating high levels of artificial intelligence to provide such things as course recommendations, educational product purchase recommendations, charter school options and other applications to help users interface with their scholarship benefits.
"We are very proud to have been selected by Step Up For Students to partner in this endeavor," said Ted Willich, CEO, NLP Logix. "Having an opportunity to support transforming the K-12 education system in America is something we could have only dreamed of when we started NLP Logix ten years ago."
Step Up For Students and NLP Logix expect to launch the platform in December of 2021 with an extensive roadmap of enhancements to come in the following years. The platform will first be used by parents and students within the State of Florida who are enrolled in the five scholarship programs administered by Step Up For Students: Florida Tax Credit Scholarship (FTC) and the Family Empowerment Scholarship (FES) for lower-income families, The Gardiner Scholarship for children with certain special needs, the Hope Scholarship for public school students who are bullied or victims of violence and the Reading Scholarship Accounts for public school students in third through fifth grade who struggle with reading.
About Step Up For Students
Step Up For Students is a nonprofit organization in Florida that has been awarding scholarships to low-income families since the program's creation in 2001, providing nearly 480,000 scholarships to K-12 schoolchildren. For the 2015-16 school year, Step Up is serving about 78,000 low-income students and several thousand more children with special needs through the Gardiner Scholarship. The income-based Florida Tax Credit Scholarship, funded by tax-credited corporate donations, is worth up to $5,677 toward private school tuition and fees; the state-funded Gardiner Scholarship, formerly known as the Personal Learning Scholarship Account program, averages $10,000 per student annually. To learn more visit, http://www.StepUpForStudents.org
About NLP Logix
NLP Logix is an artificial intelligence/machine learning product and automation solutions provider, which has evolved over the last nine years to one of the fastest growing teams of machine learning practitioners. Our team of experts have extensive experience leveraging natural language processing, computer vision, neural networks, and predictive modeling to help companies revolutionize how they operate. NLP Logix delivers automation and machine learning solutions to customers across a wide swath of industries, including financial services, energy, healthcare, government, human resources, and many more. To learn more visit, http://www.nlplogix.com
Media Contact
Ted Willich, NLP Logix, 904 208 5065, [email protected]
SOURCE NLP Logix
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