Fastweb is an online service to help students pay for college through scholarships, financial aid, part-time job search, and private student loan options.

History

Founded by Larry Organ[1] in 1995, Fastweb is an acronym for "financial aid search through the web". In 1999, Mark Kantrowitz, who created the financial aid website FinAid.org, began working with Organ to develop a site that provided financial aid advice to users as well.

In 2001, Monster Worldwide, which also owns other websites such as Military.com, announced it had acquired Fastweb.[2] Monster was acquired in 2016 by Randstad Holding.

Reception

Though sometimes touted among lists of scholarship search tools,[3] Fastweb has received mixed to negative reviews from NAAS Consumer News[4] and from multiple other reviewers,[5] such as CBS News MoneyWatch for showing students many ads while using the website, and generating "zero promising matches for users".[6]

References

  1. ↑ "About Fastweb". Fastweb.
  2. ↑ Carlson, Scott (July 27, 2001). "Big Online Job Service Acquires Website on College Admissions". The Chronicle of Higher Education. Retrieved August 4, 2021.
  3. ↑ "CBS News Reporter Debunks Myth of FastWeb Scholarship Search Services, and other prime Scholarship Search Services". NAAS-News. October 13, 2013.
  4. ↑ "Fastweb.com reviews: Is Fastweb.Com a legitimate search service?". NAAS.org Consumer News. Retrieved April 24, 2015.
  5. ↑ "CBS News Reporter Debunks Myth of FastWeb Scholarship Search Services, and other prime Scholarship Search Services". NAAS-News. October 13, 2013.
  6. ↑ "Do college scholarship search engines work?". CBS News Money Watch. October 8, 2013.


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