Education is one of the biggest dreams for many people, but it is also one of the most expensive ones. Every year, thousands of students face the challenge of paying for their education. Scholarships and financial aid are options, but they are not always easy to get. Many families struggle to find ways to cover tuition fees and other costs.
Tasha and Antonio Adams saw this problem and decided to create a solution. They came up with Village Scholarships. This platform allows family and friends to contribute directly to a student’s education fund. It is a crowdfunding platform designed to make education affordable.
On Shark Tank Season 7, they presented their idea to the Sharks. They asked for funding to grow their platform. The entrepreneurs requested $125,000 for 10% equity. Did the entrepreneurs get a deal on Shark Tank? Check out our Village Scholarships update to find out!
Village Scholarships Net Worth Shark Tank Update 2025
Tiffany Green went on Shark Tank asking for $300,000 for 10% of her company. This meant she thought her business was worth $3,000,000. She did not make a deal with any Shark. The episode was aired in January 2016. The company later shut down and is no longer active. The current net worth of Village Scholarships is $0 in 2025.
The journey of Village Scholarships after Shark Tank did not go as planned. The company could not make its idea work in the long term. The platform shut down due to a lack of a strong business plan. Their website is no longer active. Their social media pages have also not been updated for a long time.
As of today, the company is no longer in business. This was confirmed through research. Sadly, people who want to raise funds for education now have to use other platforms.
No, Village Scholarships did not get a deal on Shark Tank. The Sharks decided not to invest in the platform. They believed the business model was not unique enough. The idea was compared to other crowdfunding platforms. The 8.5% fee charged for donations was also a concern.
| Shark(s) name | Offer & Demand | Counteroffer | Accepted? |
| Chris Sacca | Out | N/A | N/A |
| Lori Greiner | Out | N/A | N/A |
| Kevin O’Leary | Out | N/A | N/A |
| Robert Herjavec | Out | N/A | N/A |
| Mark Cuban | Out | N/A | N/A |
Village Scholarships Shark Tank pitch
Tasha and Antonio Adams came up with Village Scholarships because they wanted to make education more accessible. They saw how hard it was for families to cover tuition costs. They wanted to create a platform that made it easy for friends and family to support students.
In the beginning, the couple faced several challenges. Building a platform like this requires resources, time, and a clear plan. They struggled to convince people that their idea was different from other crowdfunding platforms. Despite these challenges, they believed in their mission and went on Shark Tank to seek support.
Tasha and Antonio started their pitch by explaining the problem students face with education costs. They presented Village Scholarships as the solution. The platform allowed friends and family to donate directly to a student’s tuition fund. They highlighted how the donations went straight to the student’s college account.
They explained their revenue model. Village Scholarships would take an 8.5% fee from every donation. This fee was meant to sustain the platform and ensure its smooth operation. They asked for $125,000 in exchange for 10% equity in their business. Keep reading our Village Scholarships update to see what happens next!
The Sharks had many questions about the platform.
Robert Herjavec: He asked how Village Scholarships was different from other crowdfunding platforms. Tasha and Antonio explained that their focus was on education. They believed the direct-to-student feature made them unique.
Kevin O’Leary: Kevin asked about the 8.5% fee. He wanted to know if donors would be willing to pay such a fee. Antonio responded that the fee was necessary to keep the platform running.
Lori Greiner: Lori questioned whether the business was ready for investment. She felt it was too early. Tasha agreed but said they needed funding to grow.
Chris Sacca: Chris asked about the scalability of the platform. He wanted to know if it could grow big enough to compete with other platforms. Antonio explained their plans for marketing and expansion.
Mark Cuban: Mark asked if they had any partnerships with colleges or universities. Tasha admitted they were still working on that.
The Sharks appreciated the mission behind Village Scholarships, but they were not convinced about its execution.
Robert Herjavec: Robert felt the platform was just another way to donate. He didn’t see why people would pay an extra fee to use it. He went out.
Kevin O’Leary: Kevin compared Village Scholarships to other platforms he had invested in, like Honeyfund. He thought it wasn’t unique enough and went out.
Lori Greiner: Lori liked the idea but thought the business was too early in its journey. She went out.
Chris Sacca: Chris appreciated the founders’ vision but felt the execution was weak. He went out.
Mark Cuban: Mark wanted a tangible product to back. Since there wasn’t one, he went out.
In the end, no Sharks made an offer.
What Went Wrong with Village Scholarships on Shark Tank?
Several factors prevented Village Scholarships from getting a deal.
First, the Sharks believed the platform was not unique. They thought it was similar to other crowdfunding platforms. Second, the 8.5% fee was a major concern. The Sharks doubted whether donors would be willing to pay this fee.
Another issue was the lack of partnerships with colleges or universities. This made the platform seem less reliable. Finally, the Sharks felt the business was too early-stage to invest in.
Product Availability
From our Village Scholarships update research, the Village Scholarships platform is no longer available. The website is inactive, and their social media accounts are not updated.
The idea of crowdfunding education remains valuable. However, Village Scholarships could not sustain itself in the competitive market. People who want to raise funds for education now have to use other platforms like GoFundMe.
Conclusion
Village Scholarships had a great mission. It aimed to make education more affordable by connecting students with friends and family who wanted to help. The platform allowed direct contributions to tuition funds.
However, the Sharks did not see the potential for growth. They believed the platform was too similar to other crowdfunding sites. Without a strong business plan, Village Scholarships could not survive after Shark Tank.
This is a reminder of how important it is to have a clear plan and unique value in business. Although Village Scholarships is no longer active, its mission to make education affordable remains inspiring. Stay tuned for more updates on other Shark Tank companies!
Hey, I’m Amna Habib an undergraduate student of Bachelors in Business Administration. Shark Tank is one of my favorite TV shows of all time. The show provides a fascinating insight into the world of entrepreneurship by presenting creative solutions to common problems, which strongly connects to my academic interests. I’m interested in learning more about the strategic thinking and creativity that lead these companies as each pitch provides insightful information. I’ve found that watching Shark Tank has inspired my enthusiasm for business and entrepreneurship and has been a very enlightening and motivating experience. Apart from business and writing, I love food, shopping, and hanging out with friends and family. Read more About me.
