Unlock the Full Potential of Every Public Dollar
Simplify Compliance, Maximize Impact, and Foster Trust
Realize The Full Potential Of Public Funds With
Digital Wallet Technology
ClassWallet’s solution is a patented digital wallet technology that makes compliance easy
Comprehensive Platform
Seamless digital solution for recipients to use public funds, online or in-store
Total Transparency & Compliance
Spending guardrails and audit-ready reporting to meet any auditor expectations
Painless Implementation
A suite of end-to-end services and support provide an industry-leading implementation process
Exceedingly Secure
Unparalleled security models and regular audits to meet the highest levels of cybersecurity expectations
Using Public Funds is Very Complicated
It’s difficult to manage compliance, decrease risk, and efficiently spend public funds.
ClassWallet Solves the Complexity of Spending Public Funds
Recipients can easily access their funds: online or in-store
K-12 Education
Avoid risk, increase transparency and reduce processing time in the purchasing and reimbursement process. Manage school, classroom, and building purchases in a streamlined and digital way.
State Agencies
Need to distribute funds to many users? ClassWallet makes it easy for agencies to strengthen compliance and reduce administrative costs.
Family Scholarships
ClassWallet helps organizations make the most of their resources. Streamline disbursement of payments, reduce staff hours, and fully centralize records for grant fund distribution, tracking, and reporting.
Related Resources
Why Families Love Using ClassWallet
Hear from families across the U.S. on ClassWallet’s impact At ClassWallet, we’re committed to making education funding and scholarship management as seamless and impactful as possible. Recently, we conducted our annual Customer Loyalty (also known as “Net Promoter Score”) survey, and nearly 20,000 of our valued customers responded. We were … Continue reading “Why Families Love Using ClassWallet”
Purpose Before Profit: Jamie Rosenberg Of ClassWallet On The Benefits Of Running A Purpose-Driven Business
From “Medium” | An Interview With Chad Silverstein | Published September 23, 2024 Positivity — Having a good attitude is infectious. An optimistic outlook is inspiring to others and helps foster a supportive environment. In today’s competitive business landscape, the race for profits often takes center stage. However, there are … Continue reading “Purpose Before Profit: Jamie Rosenberg Of ClassWallet On The Benefits Of Running A Purpose-Driven Business”
The Alabama CHOOSE Act Podcast from the Alabama Independent School Association
Listen to the Alabama Independent School Association’s inaugural podcast featuring ClassWallet’s Sarah Raybon, Senior Director of Strategic Initiatives, who discusses the latest developments on Alabama’s new Education Savings Accounts initiative called the CHOOSE Act. ClassWallet is helping the Alabama Department of Revenue manage the CHOOSE Act program, which will provide … Continue reading “The Alabama CHOOSE Act Podcast from the Alabama Independent School Association”
A Closer Look at Alabama’s CHOOSE Act with the Campus Conversations Podcast
Program administrators managing public funds face numerous challenges in ensuring efficient and compliant fund distribution. The “Teaching, Learning, Leading K12” podcast recently featured ClassWallet’s Michael Lopez, Ph.D., who shared how the digital wallet platform makes significant strides in streamlining purchasing and reimbursement procedures. Four Key Takeaways on the Alabama CHOOSE … Continue reading “A Closer Look at Alabama’s CHOOSE Act with the Campus Conversations Podcast”
Leveraging Technology for Greater Impact: GA DECAL’s Strides in Early Care and Education
CLIENT HIGHLIGHT Leveraging Technology for Greater Impact: GA DECAL’s Strides in Early Care and Education Early care and education (ECE) in the United States is facing a perfect storm: skyrocketing costs, a shortage of qualified providers and a growing understanding of how crucial those early years are for a child’s … Continue reading “Leveraging Technology for Greater Impact: GA DECAL’s Strides in Early Care and Education”
How Small Businesses can Navigate the Market
From “Washington Technology” | By Jamie Rosenberg, CEO, ClassWallet | Published August 13, 2024 There are tools available that can help small businesses clear the hurdles ahead of them, ClassWallet CEO Jamie Rosenberg writes. In April 2024, the Small Business Administration unveiled the results of its annual scorecard, a crucial … Continue reading “How Small Businesses can Navigate the Market”
Why Joining ClassWallet as a Vendor is a Smart Business Move
How becoming a vendor on ClassWallet’s platform helps expand your reach and streamline your business operations As the leading digital wallet platform for public funds, ClassWallet works to revolutionize how public agencies distribute funds. All while helping to ensure compliance and improving outcomes for the fund recipients along the way. … Continue reading “Why Joining ClassWallet as a Vendor is a Smart Business Move”
Ensuring Transparency with Education Savings Account Programs
From “the Learning Counsel” | By Sarah Raybon, Senior Director, Strategic Initiatives, ClassWallet | Published July 15, 2024 The number of states with education choice programs has been trending progressively upward over the last two years, with at least 36 states having considered education savings account (ESA) legislation in 2023 … Continue reading “Ensuring Transparency with Education Savings Account Programs”
Digital Wallets Vs. Purchasing Cards for Public Funds: What to Know
Digital wallets bring specific advantages around compliance to public fund distribution. Navigating Fund Management Challenges Efficient and compliant management of public funds is crucial for government programs and school districts, particularly when urgent distribution is required. For instance, during emergencies like the COVID-19 pandemic, families needed support in the form … Continue reading “Digital Wallets Vs. Purchasing Cards for Public Funds: What to Know”
The Link Between Workforce Shortage & Childcare
In today’s rapidly evolving economy, businesses face a pressing challenge: a widening workforce shortage that threatens to impede growth and productivity. At the heart of this issue lies a critical factor often overlooked – the lack of access to affordable, quality child care. As more individuals struggle to balance work … Continue reading “The Link Between Workforce Shortage & Childcare”
Building Pathways to Success: Career Readiness Initiatives Across the Nation
In today’s rapidly evolving job market, "Career Readiness" has become a pivotal buzzword in public policy, particularly in the realms of workforce development and education. State and local governments are increasingly focusing on comprehensive strategies to prepare individuals of all ages and backgrounds for successful careers. From K-12 students to … Continue reading “Building Pathways to Success: Career Readiness Initiatives Across the Nation”
8 Tips for Ensuring Fiscal Compliance and Accountability in ECE Programs
Managing grants effectively is crucial for the sustainability and success of Early Care and Education (ECE) programs. Despite the critical role that grants play, many organizations face the legitimate fear of unforeseen challenges that could put their continued funding at risk due to non-compliance or mismanagement. Dr. Michael López, ClassWallet’s … Continue reading “8 Tips for Ensuring Fiscal Compliance and Accountability in ECE Programs”
Streamline Head Start Purchasing Processes with ClassWallet’s Marketplace
Each fiscal year, Head Start programs face a recurring challenge: how to efficiently purchase the necessary supplies for teachers and other staff across all of their classrooms and centers. For programs with multiple centers distributed across their community this often involves multiple steps, from the generation of an initial purchase … Continue reading “Streamline Head Start Purchasing Processes with ClassWallet’s Marketplace”
Discussing the Future of Digital Funds: Axios Event Recap
Digital wallets can streamline public fund payments and improve service efficiency, as highlighted by ClassWallet CEO Jamie Rosenberg in conversation with Axios. ClassWallet CEO Jamie Rosenberg participated in an important conversation May 22 during an Axios Virtual Event, which also included U.S. Rep. French Hill (R-Ark.) and U.S. Rep. Wiley … Continue reading “Discussing the Future of Digital Funds: Axios Event Recap”
Cutting Through Red Tape: How a Digital Wallet can Streamline Disaster Relief
Imagine a world where disaster survivors receive help faster and more efficiently Discover how ClassWallet’s digital wallet platform can transform the way relief funds are delivered, empowering survivors to rebuild their lives. In the aftermath of a disaster, survivors need help fast. But too often, vital relief funds get bogged … Continue reading “Cutting Through Red Tape: How a Digital Wallet can Streamline Disaster Relief”
White Paper: Overcoming the Gridlock of Public Funding
Did you know $24 BILLION in public funds goes unused each year? With billions of decentralized transactions to keep track of, it can be a huge compliance challenge to ensure public funds go to the right people – and are used for the right purpose. The compliance challenge often leads … Continue reading “White Paper: Overcoming the Gridlock of Public Funding”
How Early Care and Education Organizations Can Navigate Hurdles and Efficiently Access Unused Grant Funds
From “the Learning Counsel” | By Dr. Michael López, Ph.D., Senior Director of Strategic Initiatives, ClassWallet | Published May 13, 2024 In June 2022, the California Department of Social Services agreed to award a new $1 million grant to Buds and Blossoms Preschool for a new infant care program to … Continue reading “How Early Care and Education Organizations Can Navigate Hurdles and Efficiently Access Unused Grant Funds”
Empowering Families, Accelerating Learning: The Success of Virginia’s Microgrant Initiative with ClassWallet’s Digital Wallet Platform
Virginia’s Education Innovation: How $68 Million Accelerated Student Learning Discover the power of a digital wallet platform in distributing funds to accelerate student progress The COVID-19 pandemic affected students across the country, resulting in many students falling behind and impacting low-income students the most. According to data from test scores, … Continue reading “Empowering Families, Accelerating Learning: The Success of Virginia’s Microgrant Initiative with ClassWallet’s Digital Wallet Platform”
How Teacher Stipend Legislation Empowers Our Educators
Teacher Stipend Legislation Empowers Our Educators In today’s public education landscape, it is crucial that we prioritize the empowerment of our teachers to keep them in the classroom. One way to achieve this is through the drafting of legislation that supports teacher stipends. Giving teachers the autonomy to make decisions … Continue reading “How Teacher Stipend Legislation Empowers Our Educators”
The Future of Workforce Development: Unlocking the Power of Public Funds with Digital Wallet Technology
Is your workforce development program reaching its full potential? Explore best practices and innovative digital wallet solutions to maximize every dollar. Effective workforce development policies and programs are crucial for economic growth and healthy communities. According to the National Governors Association, workforce development continues to be a bipartisan focus in … Continue reading “The Future of Workforce Development: Unlocking the Power of Public Funds with Digital Wallet Technology”
How ClassWallet Provides Outstanding Customer Support For All
Learn how ClassWallet provides exceptional service for all kinds of customers. At ClassWallet, our commitment to providing an outstanding customer service experience is at the core of everything we do. We are proud to have been recently recognized by J.D. Power for outstanding customer service experience for phone support, and … Continue reading “How ClassWallet Provides Outstanding Customer Support For All”
For the Public Sector, Security and Compliance are just Good Business
From “American City and County” | By Neil Steinhardt, President, ClassWallet | Published April 17, 2024 State and local officials in charge of distributing public funds understand that security and compliance must be a top priority, but it can feel like a challenge to be fully prepared for audits. First, … Continue reading “For the Public Sector, Security and Compliance are just Good Business”
The Compliance Conundrum: A Balancing Act
Discover how ClassWallet simplifies compliance in public funding. Say goodbye to reimbursement headaches and complex procurement systems. With secure digital wallets, managing and spending public funds has never been easier. We get it, compliance is crucial to maintaining ethical standards and ensuring the integrity of operations when distributing public funds. … Continue reading “The Compliance Conundrum: A Balancing Act”
Using Technology To Drive Innovation In Early Care And Education
From “eSchool News” | By Dr. Michael López, Ph.D., Senior Director of Strategic Initiatives, ClassWallet | Published Arpil 12, 2024 Fasten your seatbelts. The past few years in the early care and education (ECE) space have been a figurative roller coaster ride of ups and downs when it comes to … Continue reading “Using Technology To Drive Innovation In Early Care And Education”
Transforming Early Care and Education: How Mixed Delivery Systems Address Key Challenges Part 2
Discover how mixed delivery systems are addressing critical gaps in the early care and education landscape, meeting the needs of families, providers, and policymakers alike. Continuing our exploration of how mixed delivery systems address key challenges, we highlight some states that are leading the way in transforming processes for early … Continue reading “Transforming Early Care and Education: How Mixed Delivery Systems Address Key Challenges Part 2”
Transforming Early Care and Education: How Mixed Delivery Systems Address Key Challenges Part 1
Discover how mixed delivery systems are addressing critical gaps in the early care and education landscape, meeting the needs of families, providers, and policymakers alike. Mixed Delivery in Early Care and Education: Choice, Stability, Innovation The world of early care and education (ECE) faces a daunting range of challenges: families … Continue reading “Transforming Early Care and Education: How Mixed Delivery Systems Address Key Challenges Part 1”
The Ripple Effect: How Efficient Fund Management Positively Affects Stakeholders and Recipients
Effective fund management positively impacts stakeholders and recipients through cost savings, amplified impact, and increased public trust. In a world where resources are limited, efficient fund management is not just an option but a necessity. It’s a practice that not only ensures the responsible and effective use of public funds … Continue reading “The Ripple Effect: How Efficient Fund Management Positively Affects Stakeholders and Recipients”
Unlocking Access: How ClassWallet Streamlines Child Care Funding for Providers
In a world where quality early childhood education is paramount, empowering child care providers with efficient funding access is the key to unlocking a brighter future for our children. Efficient funding access empowers early care and education providers, unlocking a brighter future for our children. Policymakers allocate billions of dollars … Continue reading “Unlocking Access: How ClassWallet Streamlines Child Care Funding for Providers”
ClassWallet Receives Prestigious J.D. Power Certification
ClassWallet is thrilled to announce that we have been honored with the prestigious J.D. Power recognition for delivering an "Outstanding Customer Service Experience" for phone support. This recognition, received in January 2024, is a testament to our unwavering commitment to providing you, our valued customers, with top-notch service. We are … Continue reading “ClassWallet Receives Prestigious J.D. Power Certification”
Protect Your Agency’s Reputation with Safe Financial Practices
Discover essential strategies to protect your agency’s reputation and finances, including robust cybersecurity measures, employee empowerment, vendor vetting, internal controls, and crisis management. In today’s digital age, it’s not enough to provide quality services to protect your organization’s reputation. Financial integrity has become a crucial aspect of public trust, and … Continue reading “Protect Your Agency’s Reputation with Safe Financial Practices”
Stretching Every Dollar: Maximizing the Impact of Public Funds
Discover how ClassWallet revolutionizes public fund management, maximizing impact and minimizing waste. Explore a real-life case study from the Virginia Department of Education, showcasing the power of ClassWallet’s digital wallet technology. Unlocking the full potential of public funds is a top priority for government agencies. ClassWallet, the game-changing digital wallet … Continue reading “Stretching Every Dollar: Maximizing the Impact of Public Funds”
What To Ask A Financial Tech Company About Digital Wallets For Public Funds
Consider these things about financial tech companies before using their digital wallets for your public funds Digital wallets for public funds can impact the lives of your constituents. Getting their funds delivered faster and easier than ever before sounds like a no brainer. So, why aren’t local and state agencies … Continue reading “What To Ask A Financial Tech Company About Digital Wallets For Public Funds”
Choosing A Digital Wallet For Public Funds: What To Ask About The Technology
Digital wallets can distribute money faster than ever; here’s 5 things to consider and the questions to ask before selecting a partner. Digital wallets can transform the way constituents receive the public funds designated for them. Imagine not having to wait for reimbursement or paper checks in the mail. A … Continue reading “Choosing A Digital Wallet For Public Funds: What To Ask About The Technology”
How to Keep Public Funds Compliant and Secure for Audit-Readiness
Audit-proof your processes with these best practices for administering public funds. If you’re in charge of distributing public funds, you know that security and compliance are of the utmost importance. Mismanagement of funds or security breaches could result in severe consequences for your program – and quickly diminish public trust. … Continue reading “How to Keep Public Funds Compliant and Secure for Audit-Readiness”
Public Fund Distribution: 4 Ways to Overcome Roadblocks
Learn effective strategies for the distribution of public funds and navigating the complexities of allowable spending. Getting public funds into the hands of those they are intended to serve is no quick journey. Any public servant can attest that the road from policy to implementation often leaves funds gridlocked somewhere … Continue reading “Public Fund Distribution: 4 Ways to Overcome Roadblocks”
EdTech Digest Interviews Jamie Rosenberg, ClassWallet CEO on Getting Funding to Teachers and Schools
From “EdTech Digest” | Interview with Victor Rivero | Published November 14, 2023 A serial entrepreneur dedicated to improving education in America, Jamie Rosenberg left his mergers and acquisitions career to launch AdoptAClassroom.org, one of the first crowd funding sites on the Internet. Jamie grew AdoptAClassroom.org to one of the … Continue reading “EdTech Digest Interviews Jamie Rosenberg, ClassWallet CEO on Getting Funding to Teachers and Schools”
How Digital Wallets Alleviate Stress for School Leaders
Leadership is challenging enough without the extra burden of outdated purchasing systems Principals are the glue that hold together schools. They oversee all operations, drive success for students, lead staff and teachers, and respond to parents and the community. Principals generally see this broad array of responsibilities as part of … Continue reading “How Digital Wallets Alleviate Stress for School Leaders”
3 Ways ClassWallet Elevates a Digital Wallet Rollout
Ready. Set. Launch. 3 Ways ClassWallet Elevates a Digital Wallet Rollout As legislators and policymakers gathered at the recent National Conference for State Legislators (NCSL) in Indianapolis, ClassWallet was thrilled to have share our innovative platform to the assembly. Our patented digital wallet technology offers a solution that can redefine … Continue reading “3 Ways ClassWallet Elevates a Digital Wallet Rollout”
South Florida Scaleup ClassWallet Raises $95M To Continue Reshaping How Public Agencies Do Business
From "Refresh Miami" | Nancy Dahlberg | Published August 15, 2023 After several years of doubling and tripling its business, ClassWallet, the digital wallet-based purchasing and reimbursement platform for public funds, announced today it closed a growth funding round of $95 million. "ClassWallet has fundamentally transformed the way state agencies … Continue reading “South Florida Scaleup ClassWallet Raises $95M To Continue Reshaping How Public Agencies Do Business”
ClassWallet Montgomery Schools Infographic
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How Digital Wallets Can Transform Early Child Care Purchasing and Reimbursement
The Question of Access and Equity in Early Child Care Funding is a Pressing Concern In the U.S, with over 16 million children under the age of six potentially in need of child care assistance, the complexities and inefficiencies of the traditional purchasing and reimbursement process often create barriers. So … Continue reading “How Digital Wallets Can Transform Early Child Care Purchasing and Reimbursement”
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Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat … Continue reading “Infographic tag 2 – edu ctgy — -2”
Infographic tag – edu ctgy
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat … Continue reading “Infographic tag – edu ctgy”
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Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat … Continue reading “White Paper tag – edu ctgy”
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Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat … Continue reading “Brochure tag – edu ctgy”
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Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat … Continue reading “Case Study tag – edu ctgy”
K-12 Purchasing and Reimbursement Can Be Quick and Compliant with Digital Wallets
Realize the Full Potential of Public Funds with Digital Wallet Technology Each spring, school district leaders find themselves under pressure to spend unused funds before the end of the fiscal year. What if there was a better way? With the right partner, the hassle and frustration of waiting to see … Continue reading “K-12 Purchasing and Reimbursement Can Be Quick and Compliant with Digital Wallets”
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Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat … Continue reading “Case Study tag – gov ctgy”
Brochure tag – gov ctgy
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat … Continue reading “Brochure tag – gov ctgy”
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Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat … Continue reading “White Paper tag – gov ctgy”
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Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat … Continue reading “Infographic tag – gov ctgy”
ClassWallet and South Carolina’s New Education Scholarships: A Strategic Partnership for Improvement
Elevating South Carolina’s Education Landscape: The Potential of Education Scholarships and ClassWallet South Carolina has made a monumental step forward in education. With the signing of the Education Scholarships bill into law, Governor Henry McMaster emphasized that “Every child deserves the best education possible, and parents should have the freedom … Continue reading “ClassWallet and South Carolina’s New Education Scholarships: A Strategic Partnership for Improvement”
Simplifying HUD and Rental Assistance Funding for Governments
Streamlining HUD and Rental Assistance Funding with ClassWallet: A Game-Changer for Local Governments In fiscal year 2020, the U.S. Department of Housing and Urban Development (HUD) allocated over $28 billion for public and Indian housing. Despite this, a 2021 report from the National Low Income Housing Coalition found that for … Continue reading “Simplifying HUD and Rental Assistance Funding for Governments”
Revolutionizing Disaster Relief Funding with ClassWallet
Streamlining Disaster Relief Funding with ClassWallet: A New Dawn for Public Funds Management Did you know that as of 2020, the U.S. Federal Emergency Management Agency (FEMA) had spent over $81 billion on disaster relief? Yet, the distribution of these funds often faces significant hurdles, including administrative delays and inefficient … Continue reading “Revolutionizing Disaster Relief Funding with ClassWallet”
8 Months Remaining: EANS Best Spending Practices
While EANS (Emergency Assistance for Non-Public Schools) funding may be considered controversial, streamlining an otherwise unruly spending and reimbursement process is not. ClassWallet is working to ensure accountability by providing a digital platform to support decentralized spending (educator empowerment!) with centralized funding (administrators prepare to ace the audit!). There’s a … Continue reading “8 Months Remaining: EANS Best Spending Practices”
Education Choice Means Accountability to Families
Concerns about waste and fraud in ESAs are misplaced, especially in comparison to other government programs. Education Next | Jason Bedrick As education choice policies sweep the nation, critics are raising concerns about the potential for waste, fraud, and abuse. Yet a closer look reveals that these policies offer a … Continue reading “Education Choice Means Accountability to Families”
Team Building: The ClassWallet Game Plan
How do you Win the Super Bowl? Start with a vision. Break the game down play-by-play. Make the plan. Celebrate every first down. Get the touchdown! Lead Your Team to Victory Every Week We recently sat down with Jamie Rosenberg, the CEO of ClassWallet, to talk about how his team-building … Continue reading “Team Building: The ClassWallet Game Plan”
Learn How To Help Kids Respond Instead Of React
Supporting social and emotional learning competencies School Specialty Subject Matter Experts: Cecilia Cruse, MS, OTR/L, Special Needs; Jennifer Fernández, Early Childhood; Laura “Nicole” Hill, Instructional Solutions The EANS program, “provide(s) services or assistance to eligible nonpublic schools to address educational disruptions caused by the COVID-19 pandemic.” As part of ClassWallet’s … Continue reading “Learn How To Help Kids Respond Instead Of React”
Georgia Department of Education Selects ClassWallet for Multiple Federal and State COVID-19 Funding Programs for Public and Non-Public Schools
The Georgia Department of Education has selected ClassWallet’s digital wallet and accounts payable technology to track, report and facilitate distribution of $112 million in federal and state funds for several programs benefitting public and non-public schools, preschools, K-12 and preschool teachers and families in Georgia. ClassWallet is the leading digital wallet solution in the education … Continue reading “Georgia Department of Education Selects ClassWallet for Multiple Federal and State COVID-19 Funding Programs for Public and Non-Public Schools”
Washington’s Tech Play to Streamline School Relief Distribution
From "Government Technology" | News Staff | September 27, 2022 The state has partnered with the financial technology company ClassWallet to help manage the distribution of federal relief funds given to private and other nonpublic schools, an announcement said. Washington state officials have partnered with the fintech platform ClassWallet to … Continue reading “Washington’s Tech Play to Streamline School Relief Distribution”
3 Ways to Bring Classroom Funding Into the Future With a Digital Wallet
Digital wallet services are changing the way individuals transfer funds. Personal spending is becoming increasingly digital. Companies have been pioneering digital wallet technology for personal payments since 2011, with Google being the first major corporation to offer mobile wallet technology. Now, these highly secure online payment tools are making their … Continue reading “3 Ways to Bring Classroom Funding Into the Future With a Digital Wallet”
3 Things Every School Finance Team Needs to Prepare for the School Year
There’s nothing quite like back to school season. As the summer winds down and the air starts to cool, it’s invigorating to see a campus come alive again after months of empty hallways. Educators are hard at work creating lesson plans and purchasing classroom supplies in anticipation of the year … Continue reading “3 Things Every School Finance Team Needs to Prepare for the School Year”
Making the Inc. 5000 List – a Behind the Scenes Look
Wow — We are truly honored to be included in this year’s Inc. 5000 List of Fastest-Growing Private Companies in the U.S. And to crack the top 1000 as #779 in our first year! We couldn’t have done it without the support of our customers, investors, and of course, a … Continue reading “Making the Inc. 5000 List – a Behind the Scenes Look”
El Dorado School District Webinar
Decrease Paperwork. Improve the Bottom Line. ClassWallet: El Dorado School District Case Study
ClassWallet Named in 2022 Best Tech Startups in Hollywood, Florida
The Tech Tribune staff has compiled the very best tech startups in Hollywood, Florida. In doing our research, we considered several factors including but not limited to: Revenue potential Leadership team Brand/product traction Competitive landscape Additionally, all companies must be independent (unacquired), privately owned, at most 10 years old, and … Continue reading “ClassWallet Named in 2022 Best Tech Startups in Hollywood, Florida”
Now with 160 employees, ClassWallet sees 916% 3-year growth. That’s ‘just scratching the surface’
From “Refresh Miami” | Riley Kaminer | September 1, 2022 Hollywood-based ClassWallet helps teachers, maintenance crews, and families get access to the capital they need – so schools can worry less about accounts payable and more on educating the next generation of Americans. Their platform eliminates the manual aspects of … Continue reading “Now with 160 employees, ClassWallet sees 916% 3-year growth. That’s ‘just scratching the surface’”
Georgia Teachers Get $125 More for Supplies From Federal Aid
From ‘U.S. News.com’ | Jeff Amy, Associated Press | Published July 29, 2022 Georgia Gov. Brian Kemp is using federal COVID-19 relief money to give teachers another $125 to buy school supplies. MCDONOUGH, Ga. (AP) — Georgia Gov. Brian Kemp is using federal COVID-19 relief money to give teachers another … Continue reading “Georgia Teachers Get $125 More for Supplies From Federal Aid”
ClassWallet Signs String of New State Contracts
From ‘Payments Dive’ | Jonathan Berr | Published July 19, 2022 Demand for ClassWallet’s education digital payments tools increased during the coronavirus pandemic, and that rise has continued this year in the company’s signing of new state contracts. Demand for education technology surged during the coronavirus pandemic, when school districts … Continue reading “ClassWallet Signs String of New State Contracts”
Chief School Financial Officer Explains Why His District Uses ClassWallet
School finance officer explains that ClassWallet is more efficient than allocation tracking. ClassWallet offers itemized tracking of every purchase, one simple journal entry, and more effective audit compliance than purchase cards.
ClassWallet Saves Over a Hundred Hours of Bookkeeping Time
ClassWallet saves Business Administrator Todd Hauber, Park City School District (UT) and his administrators save over a hundred hours of time reviewing receipts and researching fund balances. That time gets redirected to student-focused activities.
ClassWallet Simplifies Access To Classroom Funds
ClassWallet Simplifies Access To Classroom Funds. Our digital wallet technology adds ease of use, access, and visibility.
ClassWallet Implementation is Simple
ClassWallet’s digital wallet technology is easy to implement and easier to use. Interview with Diane Allison, Business Services Director, Ascension Parish School Board.
Reduce Dependency on Purchase Cards
ClassWallet reduces dependency on purchase cards in school districts K-12. Interview with Diane Allison, Business Services Director, Ascension Parish School Board. ClassWallet’s digital wallet technology eliminates paper and extra labor.
ClassWallet Enables Teachers to Meet Student Needs More Effectively
Interview with Lisa Loop, Mountain View School District, Senior Director of Fiscal Services. ClassWallet enables teachers to respond to student needs more effectively.
More Control with Less Paper
Interview with Lisa Loop, Senior Director of Fiscal Services, Mountain View School District. ClassWallet provides more control with less paper. How to track many sources of funding on ClassWallet. Why teachers love ClassWallet.
What is ClassWallet?
Have you heard about ClassWallet? School districts throughout the U.S. use ClassWallet so they never have to collect a piece of paper, cut a check, or manually enter data or reconcile for small transactions again.
9 Ways ClassWallet will Improve your EANS Program
ClassWallet is a digital wallet with an integrated eCommerce marketplace, automated ACH direct deposit, and reloadable debit card with pre-approval workflows and audit-ready transaction reporting. ClassWallet reduces overhead costs, saves valuable time, and better visibility and control for decentralized purchases. ClassWallet, started in 2014 by AdoptaClassroom.org founder Jamie Rosenberg, has … Continue reading “9 Ways ClassWallet will Improve your EANS Program”
How to use the Debit Card
This video shows how to use your ClassWallet debit card.
Minnesota Department of Education Selects ClassWallet to Distribute Federal EANS and ELC Funds to K-12 Schools to Help Offset Pandemic-Related Disruptions and Support COVID-19 Testing Programs
MIAMI and ROSEVILLE, Minn., Feb. 15, 2022 /PRNewswire/ — The Minnesota Department of Education has selected ClassWallet to distribute up to $55 million from two federal funding programs to help kindergarten through 12th grade schools manage the continuing disruptions caused by COVID-19. The first program, funded with up to $40 … Continue reading “Minnesota Department of Education Selects ClassWallet to Distribute Federal EANS and ELC Funds to K-12 Schools to Help Offset Pandemic-Related Disruptions and Support COVID-19 Testing Programs”
ERPs and Digital Wallets
ERPs and digital wallets—a perfect match for your finance tech stack This Valentine’s Day, treat yourself to something you really need: digital wallet technology. Before we get into what digital wallets are and why you need them, let’s take a look at ERPs. ERPs have been a game-changer for schools … Continue reading “ERPs and Digital Wallets”
Simplifying the Complexity of EANS
Cole Dietrich, Director of Title Grants and Support for the Indiana Department of Education, and Tom Luna, former State Superintendent for the State of Idaho discussing the differences between EANS I and EANS II and the important practices that can help with distribution and administrative workload.
Digital Wallet Technology: Changing the Way School Districts Manage Staff Spending
In recent years, technological innovations have had a significant impact on the way American children learn. Instead of pencils, paper, books and chalkboards, students now have access to smartboards, educational software, eBooks and other emerging technologies that are disrupting the traditional classroom. Recent trends are showing that technological innovations are … Continue reading “Digital Wallet Technology: Changing the Way School Districts Manage Staff Spending”
EANS Testimonial Video
Need an easier way to distribute funds from EANS? Hear from our customers on how how easy it can be with ClassWallet.
Supporting EANS Administration with Digital Wallet Technology
Currently, ClassWallet’s digital wallet technology is being used in Arkansas, Florida, Georgia, Indiana, Massachusetts, Michigan, and South Carolina, and to support the EANS program. In these states, non-public schools have access to funds and easy-to-use tools to submit for reimbursement and pay approved vendors for purchases. The digital wallet streamlines … Continue reading “Supporting EANS Administration with Digital Wallet Technology”
ESAs and Digital Wallets
ESAs were originally created to give parents of students with disabilities the funding that they can use to tailor expenditures to the individual needs of their student. Today ESAs are usually earmarked for low-income families and students with disabilities. Parents use the funds for everything from private school tuition, tutors, … Continue reading “ESAs and Digital Wallets”
When a Purchase Card is Not the Best Tool for the Job
December 6, 2021 The right tool for the job If you’re a hammer, the saying goes, then every problem is a nail. That’s why a good handyman has a toolbox. Sometimes you need a hammer, other times, a wrench or a screwdriver. And sometimes you need a specialty tool like … Continue reading “When a Purchase Card is Not the Best Tool for the Job”
What is a Digital Wallet? And Why Your School District Needs to Adopt the Technology
The 2021-22 school year is now underway, and we are well into the 21st century. The digital revolution, which marked a move from analog electronic and mechanical devices to the digital technology available today, began more than 40 years ago. And a much more efficient means of handling expenditures—digital wallets—first … Continue reading “What is a Digital Wallet? And Why Your School District Needs to Adopt the Technology”
Are You Still Using P-Cards in K-12 Education?
When they first came on the scene in the late 1980s, Purchasing Cards or P-Cards were all the rage. Finally, teachers had a way of securing supplies for their classrooms without having to use their own money and wait weeks to get reimbursed. They were assigned a P-Card by their … Continue reading “Are You Still Using P-Cards in K-12 Education?”
What are you thankful for?
November 23, 2021 No matter the circumstances, one ClassWallet tradition has remained steadfast from the very beginning—our weekly Win/Gratitude meetings. At these weekly meetings, our entire team (now 80) gets together and shares the good things for the week, and the people and experiences they are grateful for. Team members … Continue reading “What are you thankful for?”
Thousands of Schools Use ClassWallet’s Tools to more Easily Make Financial Transactions
Refresh Miami: The Hub of Miami’s Tech & Startup Community Riley Kaminer September 23, 2021 Miami-based edtech ClassWallet has grown 700% in the past year. It’s the mid-1990s, and Jamie Rosenberg is fresh off a law degree at the University of Miami. He’s working as a mergers and acquisitions attorney … Continue reading “Thousands of Schools Use ClassWallet’s Tools to more Easily Make Financial Transactions”
Albertville Board of Education Approves Policy Changes to Help Teachers
By Stefante Randall Published: Sep. 22, 2021 at 10:08 PM EDT|Updated: 14 hours ago ALBERTVILLE, Ala. (WAFF) – Throughout the pandemic, teaching has happened inside and outside of classrooms. …. Another change, new vendors teachers can use for school supplies. “They love Amazon and wanted Amazon to be added to purchase instructional … Continue reading “Albertville Board of Education Approves Policy Changes to Help Teachers”
N.H.’s ‘Education Freedom Accounts’ Program Partners With National Firm To Administer Money
New Hampshire Public Radio | By Ethan DeWitt – New Hampshire Bulletin Published September 14, 2021 at 10:48 AM EDT New Hampshire’s new program allowing eligible families to pay for private school expenses using public funds continues to see unexpectedly high take-up. This story was originally published by New Hampshire Bulletin. Now, as … Continue reading “N.H.’s ‘Education Freedom Accounts’ Program Partners With National Firm To Administer Money”
Digital Wallets Move Savvy School Administrators to the Head of the Class
Digital wallet technology has become very popular with consumers who have warmed to the idea of being able to complete purchases easily and quickly via a software-based system that securely stores payment information and passwords for numerous payment methods and websites. Also very appealing is the fact it can be used … Continue reading “Digital Wallets Move Savvy School Administrators to the Head of the Class”
Meet The Disruptors: Jamie Rosenberg Of ClassWallet On The Three Things You Need To Shake Up Your Industry
If you’re not failing, you’re failing: Stretching yourself beyond your comfort zone gets you where you need to be. Asa part of our series about business leaders who are shaking things up in their industry, I had the pleasure of interviewing Jamie Rosenberg, The CEO of ClassWallet. Jamie Rosenberg, the … Continue reading “Meet The Disruptors: Jamie Rosenberg Of ClassWallet On The Three Things You Need To Shake Up Your Industry”
New Hampshire’s Department of Education Picks ClassWallet to Administer its ReKINDling Curiosity Program
Innovative Program to Use Federal Funds to Help Children Attend Summer Camp Programs in Order to Shake Off Social, Emotional and Mental Stresses Caused by COVID-19 Disruptions MIAMI and CONCORD, N.H., April 13, 2021 – The State of New Hampshire’s Department of Education has selected Miami-based ClassWallet to administer its highly innovative … Continue reading “New Hampshire’s Department of Education Picks ClassWallet to Administer its ReKINDling Curiosity Program”
ClassWallet Is Now An Accredited SOC 2 Type II Compliant Service Provider
What does this mean, and how does it affect you? SOC stands for “System and Organization Controls.” It is a series of standards designed to measure how well a given service organization conducts and regulates clients’ data regarding services, operations, and compliance. The AICPA (American Institute of CPAs) defines and … Continue reading “ClassWallet Is Now An Accredited SOC 2 Type II Compliant Service Provider”
How Schools Can Ace Employee Spend Management
Public school budgets are tight, and whenever public funding is involved, it’s not only important to tighten the grip on spend, but to build transparency of the taxpayer dollars being used. But the spend management needs of the education system cannot entirely be met by a single solution that provides … Continue reading “How Schools Can Ace Employee Spend Management”
ClassWallet Unveils Expense Tool For School Maintenance
Miami-based FinTech ClassWallet has grown its classroom expense management offering to help with the requirements of custodial and maintenance workers in primary and secondary schools, according to a Monday (Jan. 25) announcement. “We’re making it easier for school employees charged with maintaining school facilities to obtain the supplies they need … Continue reading “ClassWallet Unveils Expense Tool For School Maintenance”
The Education Report: ClassWallet to Distribute “Strong Families, Strong Students” Initiative Funds In Idaho to Low Income Families
OCTOBER 19, 2020 / PRNEWSWIRE – ClassWallet has been awarded a contract from the State of Idaho and the Idaho State Board of Education to help distribute close to $50 million in funds for its ‘Strong Families, Strong Students Initiative’ to families for their remote learning needs during the COVID-19 … Continue reading “The Education Report: ClassWallet to Distribute “Strong Families, Strong Students” Initiative Funds In Idaho to Low Income Families”
ClassWallet Powers Oklahoma Governor’s Emergency Education Relief Fund
“Low-income Enid families can receive up to $1,500 in funds for school supplies, tutoring and technology needs as more schools turn to distance learning during the COVID-19 pandemic. As part of its Digital Wallet program, the Governor’s Emergency Education Relief Fund will provide grants to up to 5,000 families statewide … Continue reading “ClassWallet Powers Oklahoma Governor’s Emergency Education Relief Fund”
PaymentsSource: Coronavirus, Data Security Changing How Teachers Handle Classroom Expenses
By Kate Fitzgerald August 31, 2020 When the coronavirus pandemic forced teachers and students to move classroom learning online this year, school districts and educators suddenly face a raft of challenges around handling new expenses for tools needed for cyber education. Many schools are still improvising ways to authorize and … Continue reading “PaymentsSource: Coronavirus, Data Security Changing How Teachers Handle Classroom Expenses”
ClassWallet as a Solution to Most, if Not All, Misspending
ClassWallet is being used to help provide oversight of how parents spend money in their ESA accounts in real time, and could reduce the administrative burden of auditing ESA expenses. Under the previous system, which used debit cards through Bank of America, there was a higher risk for fraud and … Continue reading “ClassWallet as a Solution to Most, if Not All, Misspending”
The Challenges of Managing School Maintenance Funds
Over the last year, we’ve recognized through conversations with administrators that managing school maintenance department funds is just as complex as classroom funds, which has been ClassWallet’s area of focus to date. As a result, we decided to conduct a national survey with school maintenance heads to really get some … Continue reading “The Challenges of Managing School Maintenance Funds”
Trends from the National 2020 Classroom Supply Budget Survey
If you’ve been living in a cave the last year you might have missed these two themes dominating education headlines: Teachers striking across the country for better (pay, support, respect..the list goes on) and The necessity for teachers to dig into their own pockets to supply their classrooms ClassWallet has … Continue reading “Trends from the National 2020 Classroom Supply Budget Survey”
What’s in your classroom? An analysis of classroom supply fund spending.
This spring ClassWallet saw our busiest week in company history as teachers pushed to finish using up their funds on classroom purchases. While we were proud that the platform and our team made it through with flying colors, we got curious about what teachers were buying for their students. So … Continue reading “What’s in your classroom? An analysis of classroom supply fund spending.”
ClassWallet Bookkeeping and Technology Survey Results
At ClassWallet we’re always joking that no company sells less efficiency and increased costs. Most technology companies position themselves as a solution that saves time and money, but what that means to people differs considerably. We’ve been told by clients they save, on average, 5 hours a week in school bookkeeping time managing teacher orders and receipt reimbursement on our platform. We wondered what impact this really has in the daily lives of these administrators. So we asked districts of all sizes across the country what the effects would be from freeing up 5 hours each week for their bookkeepers, and here’s what they had to say.
A Conversation on Teacher Empowerment and Classroom Spending Decisions
The recent national headline “Teachers Quit Jobs at Highest Rate on Record” may be striking news to some, but it’s just an echo in the educator community. Teacher feedback consistently shows that salary is a primary motivator for job satisfaction. However, it’s frequently additional frustrations (working conditions, weak support, lack of autonomy, etc.) that fuel the final decision to walk away from what was formerly a passion for many.
The Value of Time and Technology in the Business Office
At ClassWallet we’re always joking that no company sells less efficiency and increased costs. Most technology companies position themselves as a solution that saves time and money, but what that means to people differs considerably. We’ve been told by clients they save, on average, 5 hours a week in school bookkeeping time managing teacher orders and receipt reimbursement on our platform.
EdTech Digest Feature of ClassWallet CEO
No stranger to education technology, Jamie Rosenberg has launched two successful technology companies in the space. His journey from mergers and acquisitions lawyer to social entrepreneur is a living example of how one person can change the world.
How To Keep & Retain The Millennial Teacher
We sat down with international education consultant Jennifer Abrams to discuss what is needed for schools to keep and retain the millennial teacher and help this generation thrive. Millennials make up the largest percentage of teachers, yet only 6% of superintendents think their district understands the needs of millennial teachers
Do You Know What Motivates Millennial Teachers?
Hint: It’s not purchase orders, requisition forms and receipts. Millennials are the largest generation in the US labor force today. That means 1 in 3 workers are now millennials and those entering school systems are not being supported in a way that is useful to their skills and needs.
How to Solve Teacher Recruitment & Retention by Enabling Trust in the Classroom
The current National Average for new teachers leaving the profession within 5 years is at 40%. Almost half of those that go into teaching leave after just 5 years in the profession. Red tape and bureaucracy, having to spend out of pocket dollars for teaching supplies, a lack of trust and not feeling empowered are common reasons for teacher frustration.
Why Teachers Are Dissatisfied – Lessons Learned from Sitting Down with Educators and Administrators
Unsupported. Burnt Out. Frustrated. Disillusioned. Teachers in Education Today. We recently sat down with expert teachers from elementary, middle, and high school, building and program administrators, and district administrators for a Florida Association of School Administrators Focus Group on Teacher Recruitment, Retention, and Absenteeism.
How the Finance Office Can Alleviate Teacher Shortage Problems
Providing teachers more control over classroom decisions is far more financially effective and efficient than trying to find ways to boost teacher salaries. If a teacher is choosing employment between two districts and District A gave each teacher a classroom budgeting tool that contained some funds for supplies, easy access to crowdfunding tools, additional funding that may originate from federal or local grants or PTA, and District B did not, what district do you think the teacher will choose to work for?
Preventing P-Card Abuse & Fraud in Your District
Fraud and audit violations often happen with organizations that use Procurement-cards (P-Cards). One reason is that P-Card fraud and misuse can be difficult to recognize until it ends up in the news. Internal controls are meant to decrease fraud and abuse, however, P-Card purchasing data is limited. This is one reason the misuse of funds occurs as frequently as it does. Reconciliation reviews and monthly reports can identify suspicious activity, but don’t stop the fraud from occurring.
Empowering Teachers with Classroom Budgets
I have been working with teachers across our country for 20 years. In 1998, I started AdoptAClassroom.org, funding classrooms in 30% of school markets, and in 2014 I launched ClassWallet, a spend management software. In 2018, I have never seen teacher discontent as high as it is now. Teachers are striking across the nation; teacher absenteeism is now a chronic problem; approximately 50% of teachers leave the profession after just 5 years.
Education Leader Esther Wojcicki, The Case For Teacher Empowerment
The following is an excerpt from Ester Wojcicki’s Teacher Empowerment post on Medium: Teachers are striking across the country. Fifty percent of teachers leave the profession after just five years. Teacher absenteeism is a national problem. Teachers are mad, frustrated and fed up. Salary is a focal point but their ire is rooted in more than that.
Accounts Payable Automation – A Cost Effective Alternative Way to Maximize Your ERP
How Cloud-Based Software That Provides Accounts Payable Automation Can Improve Your ERP System. The decision to implement an Enterprise Resource Planning (ERP) system is a cost-based decision designed to improve departmental productivity while enhancing efficiency across workflows. But, the importance of maximizing the value of an ERP system can be an expensive task. New cloud-based accounts payable automation is a solution to improve ERP processes.
ClassWallet’s $1 Million Week: 10,536 Purchases Reconciled & Paid
ClassWallet reached a new milestone reconciling over 10,000 transactions in one week. The 10,536 transactions totaled $1,012,841.59, with an average of $96.13 per transaction. Included in this number are 3,669 reimbursement transactions. For all purchases, customers did not have to collect a single piece of paper, reconcile an invoice or cut a check. Our team estimates the man-hour cost savings to customers at over $1 million.
Heritage Foundation Report Features ClassWallet as Pioneer in Financial Technology
As a financial technology company focused on saving time and money for the school business office, we are excited to be featured as a pioneer in financial technology in a recent Heritage Foundation Education Report. In the report, Jonathan Butcher, Senior Policy Analyst for the Center for Education Policy, showcases trends in mobile money and digital wallets and explains how school districts can benefit from these new innovations.
ClassWallet News: Districts Across the U.S. Adopt ClassWallet
ClassWallet is saving time for the school business office and streamlining the procurement workflow for districts throughout the United States. 63,000 teachers and principals in 2,000 schools use ClassWallet to automate processes for transactions, empowering business offices to reallocate precious resources from tracking and reconciling small dollar transactions to more impactful work.
ClassWallet President, Neil Steinhardt, Talks EdTech & School Business with the EduTech Guys!
This week ClassWallet had the opportunity to be featured on the EduTechGuys podcast. The EduTechGuys are the combined force of Jeff Madlock and David Henderson whose Twitter bio succinctly breaks down what they are about: Over 40 years of combined educational technology experience set loose on the world of podcasting.
District CFO Shares How ClassWallet Saves Schools Time & Money
Avery Ford, Chief School Financial Officer for Conecuh County School District in Alabama, chats with Jamie Rosenberg, CEO of ClassWallet, to discuss how Classwallet helps improve the workflow in his school finance department.
Financial Education for Students: District Grants from Discover
At ClassWallet we streamline the tracking and distribution of education funds. Here on our blog we provide tips from financial experts to help you manage your district budget and cover financial information for the education world. For this post we take a look at financial education for students and the pressing need for it through our chat with Matt Towson, Director of Community Affairs at Discover.
Why Harrington Park School District Loves ClassWallet: #NYEdTechWeek Feature
There are some office facing solutions that are lights out that I love. The first group that I would talk about is ClassWallet. ClassWallet is a great business office solution and you say, “Wow that is so simple!” ClassWallet talks about student funds and accounts, field trips, things like that, and you go, ‘Oh my God that’s such a low hanging fruit.’ But everyone of us brings that brown envelope down to the office. It’s a nightmare. But ClassWallet digitizes it.
ClassWallet Announces Minority Investment From Brentwood Associates
ClassWallet, a market-leading platform that streamlines the tracking of education funds, has closed a minority investment from Brentwood Associates (“Brentwood”). Brentwood is a leading consumer-focused private equity investment firm that has made several investments in the education space. ClassWallet represents the fifth education-related investment for Brentwood. Several existing ClassWallet investors also participated in the funding round.
Student-Based Budgeting: The Case for Transparency of District Funds Allocation
A shift is occurring in school districts across the United States, a shift from top down, centralized budgeting to student-based budgeting, also referred to as weighted student funding. According to the American Legislative Exchange Council, weighted student funding is defined as “student funding from state sources. It includes additional funds, “weights,” based on percentages of foundation funding revenue to offset the higher education costs associated with certain student and school demographics.”
Student-Based Budgeting: An Interview with Tyler Koteskey of the Reason Foundation
We sat down with Tyler Koteskey from the education sector of the Reason Foundation, a Washington D.C.-based think tank that promotes market incentives to improve education. We discussed his views on student-based budgeting, school principal autonomy over budgets, and innovative school financial management and solutions.
This App Solves an Expensive Problem for Many Teachers
Instead of spending their own money and submitting receipts and paperwork in hopes of reimbursement, teachers can just deduct it from their ClassWallet account that’s linked to the school. Since all this is done online, all transactions are fully transparent and easily trackable. ClassWallet is a financial technology company providing … Continue reading “This App Solves an Expensive Problem for Many Teachers”
ClassWallet is Bringing Classroom Money Management to a School Near You
When it comes to keeping track of money for classroom expenses, collecting cash for field trips is just the tip of the iceberg. There are several common issues that every teacher faces when it comes to money, or lack of money, in the classroom. And most stem from how it’s … Continue reading “ClassWallet is Bringing Classroom Money Management to a School Near You”