Sixup bridges the gap between financial aid and the actual cost of college attendance.
Sixup is a for-profit technology company that provides funding and wrap-around services for high-achieving, low-income students, with the understanding that these talented students are underbanked and underfunded.
Sixup’s funding is all about financing the need gap to support better college outcomes. Its funding is designed to bridge the gap between all the federal loans and scholarships a student receives and the actual cost to attend. Sixup loan recipients are selected based on a student’s future – not their family’s past. Unlike commercial banks, Sixup doesn’t require a credit history, credit score or co-signer.
As of August 2017, Sixup had 665 loans in its portfolio, with a total volume of $6.1 million.