An edfund is like a special account that helps people go to school. Just like when you save your money in a piggy bank, people save their money in an edfund account to help pay for things like tuition (which is the money you pay to go to school), books, and other school-related expenses.
Lots of people want to go to school, but they don't always have enough money to pay for everything they need. That's where an edfund can help. People who want to go to school can put money into the edfund account, and then when they need to pay for something related to their education, they can use the money from the edfund account instead of having to pay the entire amount themselves.
Edfunds can also be given as scholarships, which means that someone else will pay for a part or all of your education. This can be really helpful for people who can't afford to pay for school on their own.
Overall, an edfund is a special account that can help people pay for school and make their dreams of getting an education come true.