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Boston’s Leader in Making College Aspirations Affordable

Access Presentation Updated 4 30

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Page 1: Access Presentation Updated 4 30

Boston’s Leader in Making College Aspirations

Affordable

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OUR VISION:

We imagine a day when every young person in Boston reaches

their fullest potential by graduating

from college, regardless of their

family’s financial capacity or college experience.

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A college education can end poverty in a family line…

• College graduates earn $1 million more over a lifetime

• College graduates are:•Four times as likely to be employed•Less than half as likely to be arrested

• 75% of fastest growing jobs require a college education

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…but the financial barriers to college are higher than ever

•Since 1985, the cost of a public higher education has tripled, a private one has doubled

•Last year’s BPS grads will self-finance $11,700 per year of their college education

•Pell Grant covers 36% of college costs today, as compared to 76% in 1980

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LEVERAGERESOURCES

PROVIDE GUIDANCE

DELIVER INFORMATION

Raise awareness about financial aid and college affordability

Assist and guide students and families through the entire financial aid process

Secure financial aid and scholarships for Boston students

More of Boston’s young people reach their fullest potential by graduating from college

ACCESS operating model

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ACCESS has had significant impact on Boston’s young people

In the last four years, ACCESS has:

•Educated more than 8,000 middle and early high school students about how college can be affordable

•Advised nearly 10,000 high school students on how to pay for college

•Awarded more than $2 million in scholarships

•Helped students secure more than $100 million in financial aid

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Since 2004, that impact has grown exponentially

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2005 2006 2007 2008

Students Served (2x)

One on One AdvisingSessions (3x)

Sessions per student increased by 4x

Financial Aid Advising Program for High School Seniors

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Investing in advising returns significant financial aid

$0

$5

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2005 2006 2007 2008

$8.3million

$14.3million

$26million

$34.2million

Dollars(millions)

$1 invested in one-to-one advising leverages $57 in financial aid and scholarships

Financial Aid Secured by ACCESS Advisees

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ACCESS scholars graduate from college at more than twice the rate (74.7%) than the BPS Average (35.5%)

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ACCESSScholars

BPS ExamSchools

BPS All Schools

College Graduation Rates: Class of 2000

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An ACCESS Success Story…

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ACCESS’s Two Year Goals

• Reach 10,000 high school students through new 4-year Advising Program

• Partner with others to double college completion rates of BPS grads

• Advise 5,000+ students and families through community partnerships

• Build robust student tracking and evaluation capacity

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To grow revenue, ACCESS will focus on individual and corporate support

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$1,500,000

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2008 2009(P) 2010(P) 2011(P)

CorporationsIndividualsFoundationsAnnual GalaGovernmentEndowment

Sources of Revenue

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Opportunities to Invest

$1,000 – Underwrite one scholarship for a deserving student

$5,000 – Fund a partnership between ACCESS and one of our community based organizations

$25,000 – Provide financial aid advising for 400 needy students at a Boston high school

Financial Support In-Kind Support

Technology Supply laptop computers and portable devices for our school-based advising services

Provide web and database design

Professional Development Training Offer training programs to help our young & talented staff grow

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“What ACCESS has achieved in recent years is nothing short of extraordinary, and the work they do is so important. ACCESS puts the idea of college into the minds of Boston students as a necessary and achievable goal, and then provides the critical support to make that goal a reality.”

Paul S. GroganPresident and CEO, The Boston Foundation

“ACCESS reminds all of us what opportunity is about by investing in young people. When young peoples’ hopes and dreams are fulfilled, we make America stronger.”

Senator Edward M. Kennedy