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