The company, backed by Great Lakes Higher Education, has collected $10m in series B funding.

CampusLogic, a US-based student financial aid provider backed by student loan provider Great Lakes Higher Education, secured $10m in a series B round yesterday led by investment firm 4.0 Partners.

CampusLogic operates a cloud-based platform that helps higher education provider offer financial aid through a mobile app and engage with students. The tool is used by more than 400 universities and colleges, such as Purdue University and Georgia State University.

The cash injection will drive further expansion efforts. Eric Shapiro,…