A Faster, More Reliable Path to Your Funds

Waiting for DOE reimbursements can be a long and stressful process. Bright Path Funds provides a solution that ensures you get access to your awarded funds without the delay.

Understanding Due Process

Due Process refers to the legal procedures established under the Individuals with Disabilities Education Act (IDEA) to ensure that children with disabilities receive a free and appropriate public education (FAPE).

Family Files Due Process Complaint

Parents can file a formal complaint against the DOE if they disagree with decisions about their child’s identification, evaluation, placement, or the provision of special education services.

Impartial Due Process Hearing

This is a formal legal proceeding in which both the parents and the DOE present evidence and call witnesses before an impartial hearing officer. The IHO then makes a legally binding decision. This is known as an Order.

Settlement

After the DOE indicates a willingness to parties arrive at a mutually agreed-upon settlement that is legally binding on both parties. This is known as a Stipulation.

DOE Process the Claim

Once all required documentation has been sent to the Implementation Department, the process to disburse funds can begin. This can take anywhere from 3 to 18 months. It is at this point that Bright Path will purchase the award or settlement

How Bright Path Helps Provide Liquidity

Due Process refers to the legal procedures established under the Individuals with Disabilities Education Act (IDEA) to ensure that children with disabilities receive a free and appropriate public education (FAPE).

A legally binding decision is made based on a settlement or due process

Family or school faces financial pressure due to reimbursement delays

Bright Path due diligence and underwriting begins

If family or school agrees, funds disbursed immediately

DOE is now legally required to reimburse family or school

Family or school contacts Bright Path looking to sell settlement

Bright Path makes offer to purchase portion of settlement

A legally binding decision is made based on a settlement or due process

DOE is now legally required to reimburse family or school

Family or school faces financial pressure due to reimbursement delays

Family or school contacts Bright Path looking to sell settlement

Bright Path due diligence and underwriting begins

Bright Path makes offer to purchase portion of settlement

If family or school agrees, funds disbursed immediately

Bright Path eventually collects payment upon distribution by the DOE

Example of a Bright Path Transaction

$100,000 Due to Family or School

$50,000 Sent to Family or School

 

$50,000 Sent to Bright Path

Bright Path buys $50,000 of the Settlement at a discount

Binding Financial Commitment

DOE Eventually Disburses Funds

Binding Financial Commitment is defined by “the amount due to parents/schools/providers as specified in either an IHO Order or as agreed to by the DOE and Parent in an executed stipulation.

A Solution Tailored to Your Needs

Our primary source of referrals is expected to come from special education attorneys, educational consultants, mandated providers and private schools. These key stakeholders are intimately involved in a family’s pursuit to find the right school for their children.

Special Education Attorneys

Educational Consultants

Private Schools

Mandated Providers

Strategic partnerships with special education advocacy groups will serve as key referral sources, significantly amplifying our community reach.

Conclusion

Bright Path is well-positioned to capitalize on the unique opportunity presented by the DOE’s tuition reimbursement process. As we expand, our vision is to become a leader in post-settlement funding within the broader education sector. With a proven business model and scalable infrastructure, we are confident in our capacity for rapid growth, while providing essential financial relief to schools, service providers and families in need.

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