ClassWallet to distribute state remote-learning funds to families
Some U.S. states are opening new payments channels to cover the cost of coronavirus-induced remote learning programs.
Idaho has tapped ClassWallet’s cloud-based classroom-expense management platform to mete out $50 million in state education funds to help 30,000 families pay for remote-learning tools, according to a Tuesday press release.
Idaho is providing $1,500 per eligible student, with a maximum of $3,500 per family to cover electronic devices, software, internet connectivity, instructional materials, course fees, tutoring and other educational services and therapies, ClassWallet said in the release.
The funds Idaho will route to families through ClassWallet originate from the federal Coronavirus Aid, Relief and Economic Security (CARES) Act, and are allocated by Idaho’s “Strong Families, Strong Students” initiative, ClassWallet said.
Hollywood, Fla.-based ClassWallet, founded in 2014, has ongoing contracts with Arizona, North Carolina and Oklahoma to securely distribute state education budget funds to specific schools, classrooms and teachers in real time.