INDIANA SECONDARY MARKET FOR EDUCATION LOANS INC
AI Summary
The Indiana Secondary Market for Education Loans Inc is a 501(c)3 organization focused on grantmaking within Indiana, having distributed a total of $6.8 million across three grantees in 2024. This funder operates on a relationship-based model and does not accept unsolicited proposals, making grants strictly by invitation. Nonprofits interested in potential funding opportunities can explore warm-introduction pathways through Impala's Funder Prospecting.
Mission Statement
FOR OVER 40 YEARS, INDIANA SECONDARY MARKET FOR EDUCATION LOANS, INC. (D/B/A "INVESTED") HAS PROVIDED INDIANA STUDENTS AND FAMILIES CRITICAL RESOURCES AND ADVISING SERVICES TO PLAN AND FINANCE EDUCATION AFTER HIGH SCHOOL. AS INDIANA'S ONLY STATE-BASED, NONPROFIT STUDENT-LOAN-MAKING AND FINANCIAL-LITERACY ORGANIZATION, INVESTED PLAYS A CRUCIAL ROLE SERVING ALL INDIANA STUDENTS AND FAMILIES BEFORE, DURING, AND AFTER THEIR POST-SECONDARY STUDIES TO MAKE POST-SECONDARY EDUCATIONAL ATTAINMENT AFFORDABLE. INVESTED PROVIDES STUDENTS AND FAMILIES VARIOUS SERVICES THROUGH ITS STUDENT LOAN PROGRAM AND ITS FINANCIAL AID LITERACY AND ADVISING PROGRAMS, ALL AT NO COST TO STUDENTS, THEIR FAMILIES, OR INDIANA TAXPAYERS.
Cause Areas
1
Financial services
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Explore this org's ecosystem
See top causes for this funder's grantees, who else funds them, and their grants.
Grantee
Total Funding
Funding Share
PURDUE UNIVERSITY
Seymour, IN
$1.5M
22%
Indiana University
Bloomington, IN
$1.5M
22%
CENTER FOR LEADERSHIP DEVELOPMENT INC
Indianapolis, IN
$750K
11%
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Total No. of Grants
4
Median 1st year grant
$1.5M
Median 2nd year grant
N/A
Top 3 Grants
Matched grants only
Grantee
Grant Size
Frequently Asked Questions
Can I submit an unsolicited grant proposal to INDIANA SECONDARY MARKET FOR EDUCATION LOANS INC?
No. INDIANA SECONDARY MARKET FOR EDUCATION LOANS INC does not accept unsolicited proposals. Funding is by invitation only.
Where does INDIANA SECONDARY MARKET FOR EDUCATION LOANS INC give?
INDIANA SECONDARY MARKET FOR EDUCATION LOANS INC primarily gives to organizations located in Indiana. These states represent the largest share of the foundation’s grantmaking by dollars awarded. Additional geographic details are available to registered users.
What size are INDIANA SECONDARY MARKET FOR EDUCATION LOANS INC’s grants?
The largest share of grants from INDIANA SECONDARY MARKET FOR EDUCATION LOANS INC fall in the $1 million to $5 million range. The median first-year grant is about $1.5 million. More detailed grant size data is available to registered users.
How many grants does INDIANA SECONDARY MARKET FOR EDUCATION LOANS INC make each year?
In 2024, INDIANA SECONDARY MARKET FOR EDUCATION LOANS INC awarded about 4 grants, totaling nearly $6.8 million. More detailed grant metrics are available to registered users.
Who did INDIANA SECONDARY MARKET FOR EDUCATION LOANS INC fund recently?
In 2024, INDIANA SECONDARY MARKET FOR EDUCATION LOANS INC awarded grants to about 3 grantees. Recent grantees include PURDUE UNIVERSITY, Indiana University, and CENTER FOR LEADERSHIP DEVELOPMENT INC. More detailed information on all recent recipients is available to registered users.
How do we apply to INDIANA SECONDARY MARKET FOR EDUCATION LOANS INC?
INDIANA SECONDARY MARKET FOR EDUCATION LOANS INC does not accept unsolicited proposals. Funding is by invitation only.