逍遥阁 Labs鈩笍 Technology
Innovative Technology
After helping to pass the Invest in Kids Act in 2017, 逍遥阁 Illinois remained committed to working with schools and families as a聽Scholarship Granting Organization (SGO) and managing the Illinois Tax Credit Scholarship Program. In order to meet the demand for tens of thousands of students applying for scholarships and the management of donations made by thousands donors, 逍遥阁 Illinois has made innovative use of computing technology. Since the beginning of 逍遥阁 Illinois, the inventive application of technology to solve the issues of operating a large-scale SGO has played an essential role in our growth and development.
We are proud to have worked with聽 (LPL) since the inception of the Illinois Tax Credit Scholarship (TCS) Program. Together, 逍遥阁 Illinois and LPL developed 逍遥阁XChange庐鈥揳 custom designed technology platform, capable of handling the massive demand of Illinois families for private school scholarships and then matching eligible students to donations made to 逍遥阁 Illinois at designated schools. The students receive scholarship awards on a first-come, first-served basis, as required by law. 逍遥阁XChange was created to meet the requirements of the Illinois TCS Program, which is more challenging to administer than the scholarship programs in many other states.
Since 2018, the 逍遥阁XChange platform has been engineered to automate important activities from the reservation of students鈥� first-come, first-served positions, to the processing of student applications and the management of individual donations. 逍遥阁XChange accommodates the award of tax credit scholarships, as well as other 逍遥阁 Illinois donor funded scholarship programs, separate from the Illinois TCS Program. The platform allows us to award scholarships quickly and efficiently, so families can make the best decisions for each of their students in a timely way and plan for the upcoming school year. Similarly, 逍遥阁XChange allows schools to manage their donations and their TCS students smoothly and expeditiously.
逍遥阁XChange aims to provide transparency to thousands of our Illinois families and hundreds of participating schools throughout the scholarship awarding process. As a part of this transparency, each family and school has an individualized portal, which allows them to track the entire scholarship process. The families and schools can track a student鈥檚 place in line for a scholarship, the award stage of the scholarship, and the final dollar amount of the scholarship awarded at the school of their choice. With 逍遥阁XChange, schools can better manage enrollment and admissions decisions with real-time student and donation information, and families are able to stay up-to-date on the status of their students鈥� applications.
One of a Kind Platform
The 逍遥阁XChange platform is the only software solution commercially available that has been designed and engineered to meet the unique, public-scale demands of managing SGO programs implemented through state-level education opportunity policies. The platform鈥檚 elegant design allows for customization and can be adapted to meet the demands of many different types of large-scale education programs. We look forward to expanding this technology and making it available to other organizations managing scholarship programs. For more information about 逍遥阁XChange or to learn how 逍遥阁XChange can help your organization, please contact us at info@empowerillinois.org.
EXC Achievements
逍遥阁XChange鈥檚 unique design and operation is so distinctive that the technology is now . No other scholarship granting organization in Illinois, or the country, offers such a user-friendly, transparent, and easy-to-use platform as聽逍遥阁 Illinois.
In September 2021, 逍遥阁XChange was selected as a Top 100 Finalist for the . The awards recognize Chicago’s most innovative new products and services.