The Virginia Department of Education needs help distributing up to $30 million in Elementary and Secondary School Relief (ESSER) Funds for K-12 Learning Recovery Grants and is turning to ClassWallet – a digital wallet technology platform for governments – for its solution.
ESSER Funds are intended to help families offset the effects of student learning loss caused by the COVID-19 pandemic. According to a press release, approved funds will be allocated in micro-grants ranging from $1,500 to $3,000. The funding is intended for for in-person, virtual or hybrid general, and/or special education tutoring in one-on-one, small group, or large group settings.
ClassWallet noted that approved families will receive a digital wallet account from ClassWallet which they can access from any device. They can then purchase program-compliant educational materials and services through the program’s portal. Specific funding amounts are based on the family’s income level. Qualifying students whose family income doesn’t exceed 300 percent of the Federal Poverty Level will receive a $3,000 K-12 Learning Recovery Grant; all other qualifying students will receive a $1,500 grant.
“ClassWallet’s leading digital wallet technology provides confidence that the funds are helping Virginia families and making the impact for children the program is designed to have. It’s the heartbeat of our brand,” said Jamie Rosenberg, CEO and founder, ClassWallet. “We are eager to support the Virginia Department of Education by implementing digital wallets to unlock the full potential of these public funds toward maximizing opportunity for student success.”
ClassWallet is currently in use in 27 states and by 20 state agencies across 6,200 schools serving 6.1 million students.