Presentation on theme: "Scholarship Foundation Partnership Administering and Tracking Textbook Scholarships."— Presentation transcript:
Scholarship Foundation Partnership Administering and Tracking Textbook Scholarships
Founded in 2007 by Iowa State students Chegg is the leading student-first connected learning platform, empowering students to take control of their education to save time, save money and get smarter Our platform offers products and services that students need throughout the college lifecycle, from choosing a college through graduation and beyond Publicly traded on the NYSE since Nov. 2013
In 2012, Chegg began partnering with the Michael and Susan Dell Foundation to power their annual Dell Scholars book scholarships.
Criteria Need based college completion program for Pell grant eligible HS Seniors Academic Middle – Minimum GPA requirement 2.4 (recognize rigor; AP, IB, duel enrollment) Overcome extreme situational adversity while setting high goals for education Participation in approved CRP grades 11 & 12 Plans to enroll in a bachelor’s degree program Fast Facts Avg. HS GPA: 3.1 75% first generation to attend college Avg. Family AGI: 27,000 90% Persistence rate with 961 college graduates 80% six-year bachelor degree attainment Over 2700 Dell Scholars selected since 2004 Award Comprehensive counseling/advising to mitigate challenges and create a successful college completion plan $20,000 to use over the course of six-years Technology – laptop Textbook Credits to supplement financial aid Peer mentoring and support through online scholar community A College Persistence Program that Includes Financial Assistance for High Need Students
Estimated Bachelor’s Degree Completion Rates by Age 24 by Family Income Quartiles for Dependent College Students Who Began College, 1970 to 2009 Source: Postsecondary Education Opportunity Nov 2010 www.postsecondary.org 19.9% for those from the bottom quartile of family income, below about $36,080 28.2% for those from the second quartile of family income, between $36,080 - $65,310 51.4% for those from the third quartile of family income, between $65,310 – $108,284 97.9% for those from the top quartile of family income, about $108,284 A College Persistence Program that Includes Financial Assistance for High Need Students
Credits are used to supplement financial aid Textbook credit disbursements began in 2005 First partner was Powell’s Books Each student is given a unique code to activate a credit on bookstore site Disbursed annually if student has completed renewal/check-in requirements An extra incentive for data collection Textbook Credit
Wide textbook selection Purchasing and renting available Speedy shipping Well known company Customer service able to address textbook credit issues Chegg meets all student and program needs Provide us unique student codes Process for students to redeem codes Knowledgeable customer service Reporting Reputable company E-textbooks available Focus on books or student market Student Needs Program Needs
Partnership Process Email/Social media message received Student logs into Dell Scholar portal and retrieves code Student enters code on Chegg site and receives credit Code request to Chegg Codes assigned to individual students Email/Social media announcements Track issues and add to FAQs and social media Message students who haven’t retrieved codes Reclaim unused codes Annual Program Management Cycle Student Process
On the Chegg platform, we make it easy for students. Code Redemption Page
On the Chegg platform, we make it easy for students. Student Logged-In Homepage
On the Chegg platform, we make it easy for students. Textbook Page
On the Chegg platform, we make it easy for students. Checkout – Chegg Credit
Data Review In H1 2014, Dell students took advantage of both the option to buy and rent physical books and eTextbooks for their courses.
Data we can report back to you - Amount of Chegg Credit used by each student # of books rented/purchased by each student % of books rented vs. purchased Use of digital books Data sent on a timetable that works best for you (quarterly, semester, yearly) Reporting
As our business grows, so do the learning opportunities for students – newly added tutoring, study help, career services, internships Beyond Textbooks
A powerful, one-of-a-kind partnership essential to helping the Dell Scholars Foundation become more efficient with their scholarship funds and better serve their students. Questions? +
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