JPMorgan Chase & Co. has acquired Frank, an online platform that helps students plan for college. The currently serves more than five million students at over 6,000 higher education institutions across the country. Frank’s online portal lets students apply for financial aid in minutes and enroll in its catalogue of affordable online college courses.
“Together, we’ll be able to expand our capabilities for students and their families, helping them financially prepare for college and other major moments in their future,” says Jennifer Piepszak, co-CEO of Chase.