I guess my thinking is, rather than collect small donations for individuals...use their individual stories to collect funds for the pool. I don't think any of these schools are accredited given their is no accreditation for software engineer out there.
I like this a lot too; it's similar to an idea we tossed around at one point, where Codefund becomes a non-profit scholarship fund and we recruit donors at a higher level, i.e. larger average donations. Still in the cards, so we'll see after Adrian and I get a chance to go through and discuss all of this awesome feedback.