Too Many Students are Trapped
“Too many students from traditionally underserved backgrounds become trapped in several semesters of remedial courses, depleting their financial aid to essentially take high school-level classes at college prices,” said Richard D. George, Great Lakes’ President and Chief Executive Officer. “More often than not, these students leave college without ever earning the degrees that have the power to transform their lives.” Great Lakes Higher Education Guaranty Corporation is now accepting applications for 2014-2015 College Ready grants. Eligible to apply are Minnesota programs that provide high school juniors and seniors and adult learners with tutoring, mentoring, and access to skill-building readiness activities to prepare them to be placed in and pass college-level math and English.
This year EduGuide’s EduCash Program helped low-income schools in 26 states achieve a 64% average FAFSA completion rate this year. EduGuide worked with the staff at each school to develop its own campaign strategy. It also provided 7 webinars, individualized coaching, online mentoring, and best practices they could implement. EduGuide’s EduCash Program will help create a college-going and career ready culture in the schools. Nine-out- of-ten students, who complete the FAFSA, go on to college. Many schools used EduGuide’s advice to involve the whole student body in the campaign so everyone would know that filing a FAFSA is a great start on how to pay for college.
EduCash is a research-driven, nonprofit, e-mentoring platform. Groups use it to help grow the grit and resilience they need to take measurable steps toward success. You can fully customize it to:
- Multiply mentoring contacts anytime, anywhere on any device.
- Accelerate data-driven progress on your goals.
- Standardize mentoring quality with built-in training activities
- Stay in full control of your safe social support system.
- Keep people on track with reminders & positive peer pressure.
U.S. Congress Fails to Stop Student Loan Rates From Rising
U.S. Congress failed to serve low to moderate income students when it Missed the Deadline to Stop Student Loan Rates from Rising. This will only make college less accessible to low and middle income students, many of them students of color!
Rates on new Subsidized Stafford Loans doubled on July 1st from 3.4 to 6.8% in the absence of an agreement from Congress and the White House on how to prevent the increase, according to the National College Access Network (our MMEP Minnesota College Access Network –MCAN – is a state version). Despite proposals to modify the rate, none have received enough support to pass the House, Senate, and receive White House approval. As the federal government is the lender on these loans, it is possible, but considered unlikely, for Congress to pass legislation that would retroactively adjust the interest rate. Even as we are working hard in MN to have our K12 students be career and college ready students now have to carefully consider loan origination during this period while wait for any potential compromise from Washington DC. MCAN agrees with the NCAN recommendation that a long term student loan solution should include a market-based interest rate that is fixed for the life of the loan, including an interest rate cap and the option for consolidation after graduation. Many of the proposals in Congress to date cover part of these suggestions, but no one proposal yet covers all of the NCAN recommended requirements. NCAN is asking us to call on Congress to come to an agreement that allows students to pursue an affordable higher education. For more information, please contact Carrie Warick, NCAN Director of Partnership and Policy at: firstname.lastname@example.org
Congratulations to our 2014 College Connector Certification Teams!
These teams spent three months working on college readiness, access and success plans for their sites. Their graduation celebration was on July 31, 2014.
- CLUES- Youth In Action (YA!)
- Common Bond Communities
- College Possible
- Neighborhood House
- The Sanneh Foundation
- River’s Edge Academy
List your Program in AEG 2015!
We have three ways to help you reach low-income, students of color and American Indian students with summer enrichment! Our Academic Enrichment Guides are the perfect resource to find summer enrichment programs for students of all ages and interests. It’s never too early to start preparing for college!
You are invited to list your summer enrichment program in the 2015 MMEP Academic Enrichment Guide. Listing is free and ensures that you reach low-income, first generation, Students of Color and American Indian students across the state. The deadline for listing is December 31, 2014.
Let’s meet for breakfast!
Each month MCAN hosts informal networking sessions so people can meet, greet, and share their work.
Our next event:
Thursday, December 18, 2014 10-11:30 a.m. St. Cloud State University-Atwood Memorial Center 651 1st Avenue South St. Cloud, MN 56301
Thursday, January 22, 2014 10-11:30 a.m. Washington Technology Magnet School, Multicultural Resource Center 1495 Rice Street St. Paul, MN 55
Thursday, February 19, 2015 TBA
Thursday, March 19, 2015 TBA