App delivers financial advice for students via Snapchat

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Many students in the US struggle with financing their college tuition, yet around USD 2.9 billion of financial aid that should be available to poorer students goes unclaimed. This has been partly attributed to the complicated nature of the process and the lack of advice on offer to students at school. That’s where NextGenVest comes in. The startup provides students with advice on the financial aid application process, updating them with deadlines for sending off forms using text messages and Snapchat. The SMS service is free and advises students through online education and articles, as well as student-led workshops. The app…

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