Chris Gray, founder of the Black-owned scholarship app Scholly, is suing its acquirer, Sallie Mae, alleging that it sold data collected on the app, as reported by TechCrunch. Scholly, which allows Black students to easily search for scholarships, was acquired by Saille Mae in 2023. However, Gray is now alleging that his acquirer sold data his app collected, including information on minors, without telling users. He is also suing the company for wrongful termination. Chris Gray’s lawsuit against Sallie Mae In the lawsuit, Gray alleges that Sallie Mae fired his
Sallie Mae, a private student lending company, has acquired critical assets of the top scholarship search app, Scholly. Founding Scholly Scholly is a Black-founded industry-leading scholarship search app and platform created by Christopher Gray. During his last few months at high school, Gray was set on attending college, but due to price, he had to search for scholarships for hours in the library. He eventually received $1.3 million in scholarships from organization such as the Bill and Melinda Gates Foundation and the Coca-Cola Scholars Foundation to study finance and entrepreneurship at Drexel
