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EDUCATION PHILANTHROPY DIVISION OF ASCENDIUM EDUCATION GROUP

Remove Structural Barriers to Success

Our philanthropy focuses on reducing or eliminating institutional and systemic barriers for underrepresented postsecondary education learners so they can achieve their academic and career goals.

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focus area page Structural

How We See the Problem

Today’s learners often aren’t well served by the educational systems that were built years ago for more traditional students. Now students are often older, more diverse, working one or more jobs, raising families, and struggling to make ends meet.

Colleges and universities are complex, and often don’t have a student-centric approach to course offerings or availability, advising and other institutional policies. The problem shows in the equity gaps in completion rates: just 11% of low-income students graduate with a bachelor’s degree. Almost 6 times as many students — 58% overall — from higher-income households graduate.

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Our Three Investment Priorities

Grants to Remove Structural Barriers to Success

Adult Learner 360 Academy: Hispanic Serving Institutions

Scaling
Council for Adult and Experiential Learning|$1,288,950|5/2018 - 4/2021
This grant supports the Council for Adult and Experiential Learning in developing a process for Hispanic Serving Institutions (HSIs) to implement new policies and practices to drive better enrollment, persistence and completion among adult students. A cohort of 10 HSIs will develop and implement data-driven, adult-learner focused improvement plans and produce and disseminate case studies describing measurable changes.

Encouraging Additional Summer Enrollment

Validation
MDRC|$3,295,000|7/2016 - 12/2020
This grant supports MDRC in evaluating the impact of the Encouraging Additional Summer Enrollment (EASE) project at four two-year colleges in Ohio. EASE is an effort to improve community college persistence and completion by increasing the number of students who enroll in summer term through two types of intervention: targeted messaging and financial incentives.

WTCS Student Success Center

Scaling
Jobs for the Future Inc|$1,350,000|3/2017 - 9/2020
This grant supports Jobs for the Future in creating a Wisconsin Student Success Center to bolster the Wisconsin Technical College System's scaling of student success initiatives across its campuses.

Piloting an Income Share Agreement that Serves Low-Income Students

Exploration
MDRC|$500,000|9/2019 - 9/2020
This grant supports MDRC in assessing the operational feasibility of an Income Share Agreement (ISA) structured to lead to stronger outcomes for students from low-income backgrounds. Education Finance Institute will raise private capital to fund ISAs for up to 200 students attending five to seven pilot colleges.

Early Leading Indicators of Student Success

Exploration
Research Foundation of the City University of New York|$477,584|4/2017 - 8/2020
This grant supports the Research Foundation of the City University of New York Graduate Center in developing a set of standardized early leading indicators that predict long-term student and labor market outcomes.

Arizona State University Local: California

Exploration
AZ Board of Regents on behalf of Arizona State University|$1,500,000|5/2019 - 7/2020
This grant supports Arizona State University in testing the feasibility of a model to provide underserved 18-24 year-old Californians with a clear and affordable path to a bachelor’s degree by combining the scalability of an online learning environment with local supports.

Development and Validation of a Compelling Income Share Agreement Program

Exploration
Partnership for Education Advancement|$50,000|1/2019 - 6/2020
This grant supports Education Finance Institute in designing and developing an income share agreement program that can best serve the broad needs of postsecondary students, including those attending four year institutions that focus on low income, first generation and disadvantaged populations and inter-generational mobility.

Informing Wisconsin Grant Policy

Exploration
The RAND Corporation|$149,780|5/2018 - 3/2020
This grant supports RAND Corporation in conducting a study to estimate the effects of financial aid on various student subgroups in Wisconsin. The study will produce evidence on outcomes, overall effectiveness and allocative efficiency, with a focus on allocation of funds.

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