FastWeb
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FastWeb is a free online scholarship matching service and college search service founded by Internet pioneer Larry Organ[1] in 1995. The company was one of the first 100 commercial websites in the United States. FastWEB is an acronym for (F)inancial (A)id (S)earch (T)hrough the (WEB). FastWeb is recommended by more than 15,000 high schools and 3,500 colleges.[2] Last year, one out of three college-bound high school seniors used the site, and more than 35 million students have created FastWeb accounts since launching in 1995.
Students submit a detailed profile to the site, which then matches the profile against a scholarship database that lists more than 1.5 million awards worth more than $3.4 billion. The scholarship database is updated daily, and the site automatically notifies the student when a new award is added that matches the student's profile.
The typical high school senior will match more than 100 awards. Students who submit a more complete profile will match significantly more awards than students who answer none of the optional questions.
On July 12, 2001, Monster Worldwide, which also owns other well-known websites such as FinAid.com, Military.com and Tickle.com, announced that it had acquired FastWeb in its furthering campaign in reaching into higher education oriented sites.[3]
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