At the time, we answered by stating that a student application first goes to a review process by the DAO. For starters, this eligibility could be privately sharing us a scan of a student ID, a letter of acceptance, or some way to verify student debt. We concluded by stating that we don't have all the answers and would rely on our DAO (our community stakeholders) to help ensure that we're being fair and transparent. We would improve the process over time, learning from what worked. We have designed PennyDAO's smart contracts to only fund the PennyDAO Community Fund. This means our CHANGE-makers, the DAO, would determine every penny. This accountability would involve our community to be a part of this conversation in a real way.