EDUCATION PHILANTHROPY DIVISION OF ASCENDIUM EDUCATION GROUP
Source: Campus TechnologyTwo 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.
Ascendium’s education philanthropy grant program operates within Ascendium Education Solutions, Inc., a member company of Ascendium Education Group, Inc. & Affiliates. Ascendium Education Group has helped millions of learners pursue postsecondary education since 1967, when it was formed to help fulfill the promise of the landmark Higher Education Act of 1965. Over the years, Ascendium has grown to become not only the nation's largest federal student loan guarantor, but also one of the most active postsecondary education philanthropies.
About Ascendium Education Group
