Founded in 2020, Dormoney is a subsidiary of Firm Wheel, LLC which was founded by 3 students who developed a solution to help college students that stayed in "Dorms" on campus to get recurring "Money" for their college expenses. Our mission is to empower students to obtain realistic (debt free) financial assets to pay to college and bring AI tools to the forefront of every classroom.
The Dormoney platform is a leading AI educational resource for both student and teacher.
AI can assist students in accessing a vast amount of educational resources and answer complex questions or help with research papers or provide recommendations, suggest relevant books, articles, videos, and other learning materials based on individual interests and needs.
We seek to build something that changes people's lives. In the educational landscape, technology is rapidly changing. AI and machine learning, in particular, are now impacting the education sector in numerous ways.
Most scholarships are 1(one) time awards. With Dormoney, students create and build on recurring scholarship to support over the longer term. In addition to scholarships to pay for tuition, college students still have other expenses, like dorm fees, books, transportation and so many more. Dormoney is a streamlined financial resource for these expenses.
Scholarships are an incredible source of financial assistance for college students. Unlike loans, scholarship funds are free money. That means you don’t have to pay them back over time — an assurance that can vastly reduce financial stress and help students focus more on their studies.
Seeking relief from student loan debt. Learning effective scholarship strategies can help students access additional funds to cover tuition, books, and other educational expenses. This can alleviate financial burdens and reduce the need for student loans.
Our mission is to empower students to obtain realistic (debt free) financial assets to pay to college and bring AI tools to the forefront of every classroom on all grade levels.
CEO
CEO and Co-Founder of Dormoney AI
CTO
CTO and Co-Founder of Dormoney AI
AI Research
AI Research and Development