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EDUCATION PHILANTHROPY DIVISION OF ASCENDIUM EDUCATION GROUP

Ascendium in the News August 08, 2020

Ascendium Issues Grants to Help Orgs Continue Their Ed Improvement Programs

Source: Campus Technology
Author: Dian Schaffhauser

Two organizations have received sizable grants to continue their education reform work in the midst of the challenges posted by COVID-19. Achieving the Dream and American Association of State Colleges and Universities received the funding from the philanthropy division of Ascendium Education Group, a nonprofit loan guarantor that develops tools and services for promoting college completion.

These are the first two grants to be issued out of the $10 million "Maintain Momentum for Student Success Initiative." Both of the recipients are working on student success programs.

AASCU will use its $1.6 million grant to help its member institutions continue serving students with the greatest financial need. Selection criteria will focus assistance on schools with at least 40 percent Pell-eligible students, a high level of engagement with the association and cumulative total years of AASCU membership.

The grant will also go toward program support. In recent months the organization has converted several in-person leadership development academies and meetings to entirely virtual or hybrid programs.

Read the full article on Campus Technology.

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