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United States·107d ago
Sample
Free
Pell-Grant Refund Maximizer
Problem Many Pell-eligible students in the US struggle to pre-pay tuition effectively, resulting in shoddy handling of refunds. For example, schools often mishandle refund checks, causing students to miss out on cash they are entitled to. Who feels it This problem affects the 6.4 million Pell-eligible students in the US, creating a significant market opportunity. MVP hint The minimum lovable product is a user-friendly platform that automates the pre-payment process for tuition, ensuring maximum refund amounts. Why now Increasing awareness and policy changes regarding FAFSA eligibility mean that more students are eligible for Pell grants than ever before. Revenue The pricing model is $19 per use, targeting an initial goal to serve a percentage of the 6.4 million eligible students.