Edquity Zen offers college students and their colleges a holistic, three pronged platform that supports students around ongoing financial managing, avoiding and navigating basic needs insecurity, and streamlining access to emergency aid. Edquity Zen helps campuses understand their students’ risk of dropping out for financial reasons, supports data-driven investment into emergency resources on campus, facilitates targeted remedial action by administrators where relevant, and streamlines protocol for emergency aid deployment, thus boosting year-over-year retention.
About the College Product
RESOURCE RECOMMENDATIONS AND MAPPING
Zen takes inventory of a college’s unique emergency resource and social services landscape to offer a “Yelp for emergency resources,” making it easy to access time sensitive resources during times of need. “Free” resources can help build financial capacity, and Zen helps make these resources part of a student’s financial management framework.
PERSONAL FINANCE MANAGEMENT
Unlike other personal financial management apps, Zen incorporates your university’s unique emergency resource landscape as part of a broader financial management framework. It also automates the setup of weekly spending targets, ensures that students are on track to make it through the semester, and deploys in-app alerts and recommendations to drive more sustainable spending behaviors.
EMERGENCY FUNDING APPLICATION
Zen catalogues the existing Emergency Aid infrastructure on campus to create a centralized home for all emergency aid applications on campus while reducing friction and streamlining the application process.
SMART RECOMMENDATIONS AND TARGETED PUSH NOTIFICATIONS
Zen crunches a student’s financial data and behavioral patterns to push timely recommendations around relevant support resources and emergency aid opportunities. Before a crisis has even occurred, Zen prompts utilization of a campus’ unique support infrastructure, making sure students have the help they need.
A CLEAR PICTURE OF STUDENT FINANCIAL HEALTH
The Administration Dashboard gives relevant departments actionable data around student financial risk as well as the efficacy and utilization of emergency resources on campus. Administrators are empowered to take a data-driven approach to investment in social services and basic need programs as well as the deployment of emergency aid and advising support in response to student financial shock.