Hi Finance offers a free app that matches students with government and private grants they qualify for, then streamlines the application process. Users start with a two‑minute survey, receive a list of relevant grants, and can submit completed applications directly through the platform, with the service tracking disbursement and providing budgeting tools. Over 3,000 students have used the service to secure more than $4 million in funding.
Funding
Funding not disclosed
Founders
Product
Problem
Students often struggle to identify and apply for the numerous grants and scholarships available to them, facing time-consuming research and complex application paperwork that can delay or prevent them from receiving financial aid.
Solution
Hi Finance offers a free mobile app that begins with a brief two‑minute survey to determine a student's eligibility for various grants. The platform then provides a personalized list of matching funding opportunities, direct application links, and a budgeting tool. Users can review the information, complete applications within the app, and track the status of their awards. The service aims to reduce the administrative burden of grant hunting and increase the amount of financial aid students secure.
Target Audience
Primary users are Canadian university and college students seeking tuition assistance, including independent students, those with disabilities, and dependent children.
Features
- Two‑minute eligibility survey that generates a customized list of applicable grants and scholarships
- Direct links to each funding source with step‑by‑step guidance for completing applications
- In‑app budgeting tool to help students plan tuition and living expenses
- Ability to review, submit, and monitor the status of applications from a single dashboard
- Free access to all matching and application assistance features
- Optional “Done together” service where Hi Finance receives 15 % of the funding it helps students obtain