Who it is for
- Accredited higher education institutions
- Faculty leads
- Research units
- Projects can involve collaboration across multiple departments
Preparing students to build the next generation of financial systems. Applications open September 14.

The Interledger–NextGen Higher Education Program supports higher education institutions in advancing curriculum development, research, and hands-on learning in Open Payments, interoperability, and inclusive digital finance across disciplines such as finance, economics, business, law, engineering, and technology.
Through the program, institutions can create or strengthen academic and co-curricular experiences that introduce students to emerging financial technologies, the Interledger ecosystem, and pathways into careers and research shaping the future of digital finance.
Selected institutions may receive grants of up to USD $50,000 to implement and complete projects within 12 months.
Applications for Phase 1 will open from September 14 until December 14, 2026. For Phase 1, we ask all interested universities to submit:
Applicants with a strong Letter of Intent will be invited to Phase 2, where a full proposal will be needed. A detailed budget, implementation plan, and full project proposal are not required during Phase 1.
Please review the NextGen Program Resource Kit and FAQ for program guidance and resources to help you develop your Letter of Intent.
Open financial systems require people who understand how payments move across technologies, markets, and regulatory environments. The Interledger Foundation supports institutions developing the research, teaching, and practical learning needed to prepare students to understand, research, and contribute to modern financial systems.
We currently have grant partnerships with 10 universities across six countries.

“We empower the next generation of entrepreneurs with the necessary skills in order to build the applications that are going to power the future.”
– Alan Davids, Senior Lecturer at University of Cape Town
“Interledger is acting like a bridge now in making payments easier. Wherever you are in the world, you can make your payment as if you are sending an email.”
– Anthony Owolabi, Bowie State Student
This at-a-glance guide covers the essentials for the NextGen grant: who can apply, what we fund, and how to apply. We recommend you also check our full FAQs for the NextGen Higher Education Grant.
To be considered, applicants must:
Applicants do not need to be existing experts in Interledger technologies. However, institutions should demonstrate an interest in building the knowledge and capacity necessary to meaningfully incorporate Open Payments and Interledger-related concepts into the proposed educational program.
We are interested in projects that create meaningful opportunities for students to learn, investigate, experiment, research, or build within Open Payments and inclusive digital finance.
Projects may include one or a combination of:
Strong proposals should connect these activities into a coherent educational program with clear student learning objectives and anticipated outcomes.
1. A short application form via Submittable
The form collects basic information about the institution, project, lead department, primary contact, target participants, and institutional interest in the program.
2. Letter of Intent / Project Introduction Letter
The LOI is the primary document reviewed during Phase 1. It must:
3. Proof of institutional accreditation or recognition
Applicants must provide documentation or an official source confirming that the institution is currently accredited or recognized by the appropriate accreditation, regulatory, government, or higher education authority in its country.
A detailed budget, implementation plan, and full project proposal are not required during Phase 1.
Letters of Intent will be reviewed for:
Applicants with the strongest concepts will be invited to Phase 2: Full Proposal Submission. Note that being invited to Phase 2 does not guarantee an award.
For details on the current call for proposals' eligibility requirements, application form, and additional information, please refer to the program FAQ page and the NextGen Program Resource Kit.
For questions about program eligibility, the application process, or preparing your Letter of Intent, please contact us at nextgen@interledger.org.
Check out our Grantmaking FAQs to know our approach and expectations across all our grants. For additional clarification, reach out to programteam@interledger.org.