America’s Promise Alliance, uAspire, with Support From the Citi Foundation, Launch Dollars For College

By: Chris Loney | Wednesday, September 24, 2014

First of its kind toolkit designed by financial aid practitioners; Provides easy, comprehensive guidelines from middle school through college

 

WASHINGTON, D.C. —America’s Promise Alliance and uAspire, with support from the Citi Foundation, launched a financial aid tool designed to promote greater access to higher education. The increased opportunities and quality of life that college offers are well known, but too often the cost can seem prohibitive and the financial aid process can be daunting. The Dollars for College Financial Planning Toolkit seeks to help students and families understand all the available resources and options that can make higher education affordable.

“Today’s workplace increasingly demands the skills and advanced training acquired through postsecondary education,” said America’s Promise Alliance President and CEO John Gomperts.   “Through this toolkit, we want to help lower one crucial barrier to accessing higher education, and encourage more young people and their families to believe that a college degree is within reach.”

“By 2018, 68 percent of jobs in the U.S. will require some postsecondary education,” said Bob Giannino, CEO of uAspire, a leading advisor of financial aid services and author of the toolkit.  “Yet over the last 10 years, more than 2.2 million academically prepared students did not attend college with the high cost of college being a major factor.  As the first guide of its kind written by actual practitioners in the field, students and families can be confident that the advice provided has been tested and proven by a range of experts from colleges, high schools and youth-focused organizations around the country.”

Dollars for College includes five comprehensive and easy-to-follow chapters, plus an additional chapter for parents and caregivers.  Each chapter offers solutions to potential challenges and directs students to resources that will help them to stay on track.  The financial aid process is clearly presented in the form of a timeline to coincide with the steps that need to be taken at each grade level.

“Building the financial capability of students and their families is crucial to enabling them to make informed economic decisions about their future, including about higher education,” said Brandee McHale, Chief Operating Officer of the Citi Foundation.  “The Dollars for College Toolkit takes the mystery away from the financial aid process, and the Citi Foundation is proud to support efforts to increase the number of low-income students who obtain a college degree.”

The Dollars for College Financial Aid Planning Toolkit is available in English and Spanish, free and accessible to all through the following link.


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