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Friday, 8 April 2011 - Graduate uses Facebook to find financial aid |
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    Edition: U.S. Article Comments (0) Slideshow Follow Reuters Facebook Twitter RSS YouTube Read Japan to stop pumping radioactive water into sea | 11:29am EDT Scientists find superbugs in Delhi drinking water 07 Apr 2011 New York law now makes choking a crime, results in 2,000 arrests 07 Apr 2011 China concerned at Japan's prolonged nuclear crisis 8:44am EDT Facebook now wants a say in computer hardware 4:47am EDT Discussed 119 U.S. to reach debt limit by May 16: Geithner 81 Stumbling blocks remain in budget fight 75 US Republican budget plan would cut $5.8 trln in 10 yrs Watched NATO air strike hits Libyan rebels Thu, Apr 7 2011 7.4 magnitude quake strikes Japan Thu, Apr 7 2011 High fashion for compassion Thu, Apr 7 2011 Graduate uses Facebook to find financial aid Tweet Share this LAS VEGAS (Reuters Life!) - U.S. student Devin Valencia, the first member of her family to graduate from college, hopes others will do the same with her prizewinning idea for a Facebook application for finding financial aid. The idea won the... Email Print Related News Stern Advice: Should you buy a 529 for your unborn grandchild? Wed, Apr 6 2011 Las Vegas, U.S.'s worst hit economy, begins rebound Tue, Apr 5 2011 Taylor Swift wins top prize at country awards Mon, Apr 4 2011 Miranda Lambert eyes top honors at country awards Sun, Apr 3 2011 Special Report: The Macau Connection Fri, Mar 11 2011 Analysis & Opinion From noodles to gasoline It’s raining freebies for voters in Tamil Nadu Related Topics Technology » Personal Finance » Lifestyle » Media » Facebook » 1 / 4 Devin Valencia is shown in this February 2011 publicity photo released to Reuters April 7, 2011. V Credit: Reuters/Handout LAS VEGAS | Fri Apr 8, 2011 9:56am EDT LAS VEGAS (Reuters Life!) - U.S. student Devin Valencia, the first member of her family to graduate from college, hopes others will do the same with her prizewinning idea for a Facebook application for finding financial aid. The idea won the 24-year-old Nevada woman a national contest and a $10,000 prize at a College Affordability Challenge in San Diego, where the goal was finding ways to simplify the financial aid process. Her idea uses demographic and personal data on Facebook to direct users to scholarships and aid that match their background and interests. The application, which could be launched by the end of the year, also would allow young people to share information with other users about sources of aid. "Kids feel discouraged, especially if they have no one guiding them," said Valencia, who graduated from the University of Nevada, Las Vegas in 2009. Her parents did not go beyond high school and her father, an immigrant from Mexico, owns a taco shop in Las Vegas. When she wanted to go to college, her parents didn't know how to help. "I made something that my kids could use someday," she said. The challenge was developed by cable channel MTV and the College Board, with support from the Bill and Melinda Gates Foundation. The prize was awarded on Saturday. Two-thirds of students say they find applying for financial aid difficult, and up to 2 million students a year who may be eligible do not apply because they are unaware what is out there, said MTV spokesman Jason Rzepka. "People have difficulty navigating the system. One way we can play a role is by making the process easier," he said. (Reporting by Timothy Pratt, editing by Alex Dobuzinskis and Ellen Wulfhorst) Technology Personal Finance Lifestyle Media Facebook Tweet this Share this Link this Digg this Email Reprints   We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) © Copyright 2011 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback   Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Super Lawyers Attorney Rating Service Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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