Helping Students harness the power of Social Networking to help pay for College

GreenNote was created to help students achieve their higher education dreams by empowering social networks for financial support to bridge the gaps not covered by traditional lending methods.

Nobel laureate Mohammad Yunnus and the Grameen Bank showed the world how small amounts of money deployed to the right people for the right purpose can change lives. GreenNote is applying this concept to address one of the greatest challenges faced by today’s students - the rising cost of post-secondary education.

Using the GreenNote online platform, students connect with their social network - friends, family, friends of family, community leaders and others - to ask for financial support. In many cases this tends to come in the form of micro-donations but as traditional sources continue to diminish we are seeing larger commitments being offered.

The benefits of GreenNote’s donor program are significant. While there are many options to help pay tuition we frequently hear the most stressful element of obtaining a degree is from the less predictable costs such as books, lab fees, study aids, supplies and other charges. A recent study of college dropouts found that 63% of them blamed that failure on a lack of strong social or family support.