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System of reward-based education

  • US 8,285,195 B2
  • Filed: 05/18/2009
  • Issued: 10/09/2012
  • Est. Priority Date: 07/11/2002
  • Status: Expired due to Fees
First Claim
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1. A system for rewarding educational accomplishment, comprising:

  • a computing device coupled to a communications network, the computing device comprising means for;

    providing one or more educational questions to a user;

    receiving an answer from the user to each of the one or more questions;

    determining if the answer is correct;

    awarding one or more points if the answer is correct;

    transmitting information containing the one or more points to a system owned by a financial services company, the system owned by the financial services company comprising means for;

    managing an account that identifies the user;

    allowing the user to apply a monetary value associated with the received one or more points to purchase items from a third party vendor,securing payment to the third party vendor for the items the user purchases with the account; and

    receiving directly from the third party vendor, information associating the identification of the user with the items the user purchases.

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