Christopher Gray updates Scholly’s progress on Shark Tank

Christopher Gray, founding father of the Scholly scholarship application, she recently returned to reality television According to . The update showcased Gray’s accomplishments and likewise revealed essential scholarship announcements.

“We are thrilled to be back on the show,” Gray said, reflecting on his journey since founding Scholly.

Last yr, education lender SLM Corp, commonly often called Sallie Mae, acquired key Scholly assets for an undisclosed amount. The app has since been renamed by Sallie to Scholly.

The update was filmed at Bayside High School in Queens, New York, where Daymond John, certainly one of the judges and an investor in Scholly, presented $10,000 scholarships to seniors Giselle Rodriguez and Amir Theodile. The scholarships are funded by the Sallie Mae Fund, Sallie Mae’s charitable foundation.

Donna Vieira, executive vice chairman and chief industrial officer at Sallie Mae, announced the donation of $1 million from the Sallie Mae Fund to the Thurgood Marshall College Fund. Their Bridging the Dream scholarship program goals to support students from underserved communities through a wide range of scholarships, eliminating the financial obstacles that always make it difficult to finish a level.

Gray’s vision for Scholly stemmed from his own experience as a scholarship recipient, which secured $1.3 million for his studies at Drexel University. He used his insights to create Scholly, which has made private scholarship opportunities easier to access since its inception, helping greater than 5 million users and generating $30 million in revenue.

Gray’s original appearance was met with skepticism by some judges who questioned the philanthropic nature of the project. However, John and fellow investor Lori Greiner saw potential in it, investing $40,000 for 15% of the corporate.

Reflecting on his investment decision, John highlighted the impressive return on investment and highlighted its success.

Gray’s journey from scholar to entrepreneur exemplifies the transformative power of education. His commitment to leveling the playing field for other students continues to drive Scholly’s mission of accessibility and opportunity in higher education.