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Meadow secures $14 million in Series A funding to expand its financial services platform for colleges and universities. Its tools—Meadow Price, Pay, and Pre—aim to improve cost transparency, streamline tuition payments, and reduce student financial stress. Over 170 institutions now partner with Meadow to enhance enrollment stability and operational efficiency.
Why College Tuition Stays Confusing — And Costly
Higher education institutions in the United States are under growing financial pressure while students struggle with increasingly complex and unclear tuition systems. According to recent insights, 59% of students consider dropping out due to financial stress. Colleges and universities often rely heavily on tuition and fees as their primary revenue source, yet outdated systems make it difficult for students to understand their actual financial obligations. Staff managing Student Financial Services frequently handle caseloads exceeding 1,000 students each, leading to fragmented communication and rising confusion.
The result is a system where both students and institutions face unnecessary challenges. Students often make decisions based on unclear cost expectations, while institutions risk losing trust, enrollment, and stable revenue streams.
Meadow Steps In With a Better Way to Handle Tuition
Meadow is emerging as a vital player for institutions looking to improve the financial experience for students. Founded by Alfredo I. Brillembourg and Amy Jenkins, Meadow focuses on enhancing how colleges communicate costs, collect tuition, and support students throughout their financial journey.
Meadow partners with colleges to modernize financial processes by providing integrated, user-focused tools designed to support students from application through graduation. The platform not only helps institutions remain financially healthy but also encourages students to stay enrolled and complete their degrees without financial confusion derailing their progress.
Inside the $14 Million That Powers Meadow’s Mission
Meadow recently completed a $14 million Series A funding round, bringing its total funding to over $20 million. Matrix Partners led the round, with additional participation from Susa Ventures, Giant Ventures, Treble Capital, and GoGlobal Ventures.
This new capital will allow Meadow to expand its platform and build more robust solutions for colleges and universities facing increased financial and regulatory challenges. By securing this funding, Meadow demonstrates that there is significant demand for clear, effective financial service tools within the higher education sector.
Three Powerful Tools That Help Students and Schools
Meadow’s platform consists of three main integrated solutions designed to improve both institutional cash flow and the student financial experience:
- Meadow Price: An advanced Net Price Calculator that delivers personalized, accurate estimates of the true cost of college after aid. To date, it has provided nearly one million cost estimates, revealing that actual student costs are often more than 40% lower than the advertised sticker price.
- Meadow Pay: A mobile-first billing and payment platform that offers clear digital bills, flexible payment plans, and personalized communications. This system improves on-time payments and strengthens financial interactions with families.
- Meadow Pre: A student accounts receivable tool that helps institutions recover past-due balances without relying heavily on aggressive collections practices. It supports re-enrollment efforts by offering scalable, personalized outreach and no-barrier payment options.
Each solution is designed to simplify critical touchpoints in the student financial lifecycle, ensuring clarity and reducing administrative burden.
Why Colleges Across the U.S. Partner With Meadow
Meadow now partners with over 170 colleges and universities, including Gonzaga University, UC San Diego, University of Wisconsin-Madison, and Penn State. Institutions of varying sizes have integrated Meadow’s solutions into their operations to strengthen financial health and create a more transparent experience for students.
Ryan Thoroman, Bursar at Salt Lake Community College, stated that Meadow is seen not just as a technology provider but as a strategic partner, emphasizing the company’s role in maintaining both student satisfaction and institutional viability.
Matt Brown, Partner at Matrix Partners, noted the overlooked and broken state of the student financial experience, highlighting the $500 billion spent annually on tuition and related expenses, and underlining the need for platforms like Meadow.
What’s Next for Student Financial Services
The complexity of funding models in higher education continues to grow, placing additional stress on Student Financial Services offices and confusing the student population. Meadow’s approach sets a new standard by integrating financial clarity into the student experience, ultimately improving enrollment, retention, and payment outcomes.
Amy Jenkins, COO and co-founder of Meadow, emphasized that their mission is to strengthen economic mobility by making college degrees more attainable. With the expansion fueled by their latest funding, Meadow aims to become the trusted financial platform students and institutions rely on throughout the college experience and beyond.
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