articleThe Brief The 33-year-old founder of the startup student financial aid company Frank has been sentenced to more than seven years in prison. Charlie Javice, the 33-year-old founder of the startup student financial aid company Frank, has been sentenced to more than seven years in prison. Big picture view:Charlie Javice was in her mid-20s when she founded Frank, a company that promised to revolutionize the way college students apply for financial aid. Frank student financial aid companyDig deeper:Javice founded Frank to launch software that promised to simplify the arduous process of filling out the Free Application for Federal Student Aid, a complex government form used by students to apply for aid for college or graduate school. Elizabeth Holmes Theranos caseMeanwhile:Javice’s case has been compared to another tech startup sale that ended with prison time – Elizabeth Holmes and Theranos.