Upswing Working Capital Loan

Social Finance, through the UP Fund, is financing a $2.6 million working capital loan to Upswing, an education technology company offering critical support services to students at predominantly under resourced institutions across the country. This investment aims to expand access to Upswing’s services to help more students persist through education and training.

Goals

• Improve Outcomes for Non-Traditional Students, including first-generation students, student parents, veterans, and others outside of the typical 18- to 22-year-old profile, by increasing the availability of on-demand student support services at the institutions Upswing serves. 

• Explore the impact of supportive services on degree attainment and employment outcomes for nontraditional students, who often experience barriers to education and employment.  

• Develop best practices for deploying outcomes-based funding models to support students at secondary educational institutions. 

Interested education administrators can contact Upswing for more information.