New EduCash Grant Available to Michigan Schools
USA Funds has won a national grant to scale up its EduCash program, and is looking for Michigan schools interested in participating. This program, which was piloted here in Michigan, provides in-kind services to help increase FAFSA completion rates among low and moderate income students. Of those students who file the FAFSA, 9-in-10 are motivated enough by the aid to go on to college. You can help Michigan continue to lead the way nationally in building a college-going culture. The grant only requires a quick, one-page application, so I encourage you to give it a look.
The following request for proposal from USA Funds has information about the program and the application process:
USA Funds, the nonprofit administrator of College Goal Sunday, is pleased to announce a new grant that will support EduCash in-kind services to help low- and moderate-income schools increase federal FAFSA completion rates, increase scholarships and build a college-going culture within their schools.
Due: Friday, September 28 Midnight PST. Quick 1-page application at www.EduCash.org.
Why: The FAFSA puts college within reach for low-income students. Sadly, if they had only completed the FAFSA, more than 850,000 low-income students would have discovered that they were eligible for a Pell grant. But for those students who file the FAFSA, 9-in-10 are motivated enough by the aid to go on to college. That can help build a college-going culture for the rest of the school. And it’s why the U.S. Department of Education has made raising school FAFSA rates a priority.
How: Schools or their partnering college access programs apply. Grant winners are announced in October. With the help of EduCash coaches they set a target FAFSA rate for their school. They get a customized plan to achieve their goal using EduCash best practices. Participating local school and program staff get online EduCash training and materials to run the program through the year. They participate in the EduCash learning community with other schools seeking to raise their rates. As the year progresses, they get regular coaching to maximize outcomes and reach their goals. Members who complete their training and goals receive professional recognition.
Who: EduCash is run by EduGuide, an award-winning nonprofit that helped set a national record for increasing low-income FAFSA rates. It is directed by Becky Powell, a former college financial aid director and student financial aid association president. Grant funding has been generously provided by USA Funds, a nonprofit corporation headquartered in Indianapolis that works to enhance postsecondary education preparedness, access and success by providing and supporting financial and other valued services. For more information about USA Funds, visit www.usafunds.org.
Matching: $1,000 (or only $100 if you apply promptly). For the 2012-13 school year, the grant covers most of the $7,500 per school cost for EduCash professional development, ongoing coaching, online tools and program materials. Each school contributes only $1,000 for their share of costs. To help more schools benefit from the EduCash model, the first 2 approved schools to apply in each state, and the first 25 schools in Michigan and Indiana, only contribute $100.
Results: EduCash delivers measurable school improvement on the FAFSA rate using best practice strategies and tools. At the 2012 Higher Ed Tech Summit, EduGuide’s EduCash online coaching platform won the Lumina Foundation’s Next Generation Challenge Award, for a tool that could reshape the future of college access.
Learn more and apply at www.EduCash.org.