Online Education Investor Makes More Than $1 Million in Scholarships Available to Those in Need

SOLANA BEACH, Calif.–(Business Wire)– Dr. Michael Clifford, the principal of SignificantFederation (, a company that has invested or has a financial stake in more than a dozen online colleges and universities around the country, has decided it is time to give back.

Clifford announced today that SignificantFederation plans to make $1 million in scholarships available to smart students, who can no longer afford to pay the skyrocketing tuition that most schools are seeking.

"SignificantFederation has done extremely well in recent years by investing in colleges that already have, or would like to have, an online education component," said Clifford, who was an early investor in both Grand Canyon University and Bridgepoint Education, two highly successful online education companies that have gone public in the last 12 months.

"We believe the time has come to reach out to the smartest and poorest students in America and give them a chance to expand their horizons," he added.

Prospective students, including adults, are encouraged to visit to fill out a simple form and receive a scholarship application.

All qualified applicants, who are admitted to one of the participating institutions, will receive at least a $1000 scholarship to L.A. College (, Chancellor University (, InterAmerican College (, and Crichton College ( SignificantFederation will also be offering scholarships in other denominations of $2,000 and $5,000.

In addition, 10 fortunate students will receive a full 4-year scholarship. Students must maintain full-time enrollment and show satisfactory academic progress. In addition, SignificantFederation will assist students and parents in determining which school the student should attend and payment options, if applicable.

SignificantFederation`s activities are governed by the Four Gospels of Higher Education, which can be found here:

The mission of SignificantFederation is to form strategic alliances with post-secondary Institutions that mirror founder Michael Clifford’s philosophy stated in his Four Gospels of Higher Education. The firm partners with regulators, the academy, the Global 1000, school districts, regional and nationally accredited institutions, investors, and military to achieve these Four Gospels.

SignificantFederation`s regents serve our alliances with extensive experience in higher education, with a special emphasis on all aspects including financing, of rapid-value-creation for all parties via online education in harmony with campus-based operations.

For SignificantFederation Holt Hackney, 512-478-8858, ext. 115

Copyright Business Wire 2009

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