Session Title: An Open Student Finance Platform for The Guitar Hero Generation
Presenters: James Alexander Levy, Founder, YupGrade
Rohan Dixit, Co-Founder, YupGrade
Time & Date: 11:15 A.M. - 12:00 P.M., Friday, August 14, 2009
Location: Rm. C100
Session Description: A strategy of Openness allows the campus to draw in a global community to get involved in the process of content creation and curation. These communities are already showing their potential to attract and recruit students.
In our session, we’ll make a case for why a crucial next step in an open strategy is to supplement the existing methodology for awarding merit scholarships, grants and loans by offering offer micro-scholarships to OER volunteers that are smaller in size and occur more frequently than their larger, slower predecessors.
We will briefly go over some background on merit aid and need aid, and explain how directly tying OER contributions to an accumulation of scholarship points would be a common-sense method for combining the best aspects of merit aid and need aid. We will also share data from the Project on Student Debt demonstrating why the existing aid infrastructure needs a reboot, and how a simple distributed micro-scholarship platform could best align the incentives of students, campuses, and governments.
Finally, drawing from case studies on successful virtual currency and microfinance platforms, we will present a ‘Textbook Hero’ OER prototype as an interactive open-source template.
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Conference slides are up on Prezi: http://prezi.com/145446
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