Website Pays Students For Good Grades

POSTED: Monday, December 15, 2008 - 4:47pm

UPDATED: Wednesday, February 17, 2010 - 2:22pm

Exams are over and final grades are out for students attending UTEP. For many UTEP students, paying for tuition and books is a constant struggle. Some students take out loans, others work several jobs, all for an investment in their education.

"Tuition keeps going up, every year there's another increase and books are also ridiculous, some books are up to $200 for one class and you usually have about four," Michelle Grady said.

Students say the reward for good grades, is knowing they got what they paid for. But what if you could actually get "paid" for those good grades?

Gradefund.com allows students to sign up and solicit friends and family to pledge money for their grades. The sponsors can decide whether the money is paid out to the student or paid straight to the school to cover tuition and books.

"We are finding a lot of people prefer it go to the school because they know its paying for tuition books and other fees for school," said Mike Kopco, the Founder and CEO of Gradefund.com.

Students at UTEP, we spoke with, said they hadn't heard of the website but they believe it could help motivate them to do well in their classes.

"Any extra money we can get as college students is great especially for doing a good job," said Student, Michelle Grady.

www.gradefund.com

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