Presentation on theme: "REIGNITING THE AMERICAN DREAM.. More than 12 million students enroll in more than 1,200 community colleges across the country every year. More than half."— Presentation transcript:
REIGNITING THE AMERICAN DREAM.
More than 12 million students enroll in more than 1,200 community colleges across the country every year. More than half will drop out due to financial barriers.
Students Drop out because the can’t afford to Stay in.
Financial intervention and coordinated services increase the ability of students to stay in school. Percentage change in retention rates Opening Doors Scholarship Program Louisiana Community and Technical College System Dreamkeepers Program Martin County Community College
Single Stop has developed a solution that replicates these financial interventions at scale using existing untapped resources.
Privileged & Confidential6 Celebrating Single Stop’s class of 2014 https://www.youtube.com/watch?v=qqnBWoaXIsU
Single Stop Services Technology (BEN)TrainingProgram Assistance Change Management Consulting Data Tracking and Evaluation College Partners Benefits CounselingCase ManagementTax PreparationLegal CounselingFinancial Counseling Single Stop provides technology, training and technical assistance to help colleges build the infrastructure and the expertise they need to better connect low-income struggling students to untapped underutilized resources and services. 8 The Single Stop Model and Core Services Students and families
9 Technology allows us to meet a diversity of students needs and maximize reach without trading on service quality.
10 Academic advising Student affairs Health and counseling services Financial aid Career services Enrollment management Single Stop builds on what works and seamlessly integrates with (and connects) existing programs and services.
866,000 households served $2.5 billion drawn down 21 community college partners in eight states 20:1 return on investment 2 White House Social Innovation Awards Impact to Date
Value of Services Total support to students Students who confirm receipt of benefits at Single Stop are drawing down nearly $5,400, effectively doubling the maximum Pell award. And the value is even greater because this analysis does not include tax credits, a major driver of impact at all Single Stop sites, or social services such as legal advising and financial counseling. Single Stop effectively doubles maximum Pell.
Research suggests that students who receive Single Stop services persist at significantly higher rates than those who do not. Single Stop significantly impacts retention.
Since 2012, Single Stop served more than 5,000 students at Delgado, helping them access benefits and services valued at over $7.7 million. “Single Stop has made a tremendous difference. Seldom do people fail because of academics alone...It’s often the social and financial issues that students can’t overcome.” Louisiana Technical and Community College System President Monty Sullivan 2,360 Students have been screened for benefits with receipt valued at over $1.6 million. 170 Students have received free Financial Counseling. 564 Students have received free Legal Services. 2,673 Students filed taxes with over $4 million federal and state refunds and avoidance fees.
Producing more college graduates isn’t just good for students and society. It’s also good for business.
Single Stop increasingly affects the bottom line of its community college partners. Enrollment 9,600 Attrition rate for first time full time students Y1-Y217.9% First year students not returning 1,718 Per student gross revenue$8,500 Total college loses in gross revenue due to attrition$14,603,000 Students not returning but eligible for Single Stop services 859 Projected impact on retention 15% Additional students retained due to Single Stop services 129 Per student gross revenue $8,500 Potential savings in decreased attrition ~$1,096,500 Increased retention yields healthier families and stronger communities but it also creates value for public and private stakeholders, and generates revenue for colleges.
By 2020, 63% of North Carolina jobs will require a certificate or college degree. Today only 36% of the state’s workforce has a college degree. Why North Carolina?
The Opportunity in North Carolina. 3 rd largest system in the country. 820,000 students enrolled in community college. More than 50% of students receive Pell Grants. Statewide commitment to innovation SuccessNC, Completion by Design. Nearly 60% of North Carolina community college students do not attain a certificate, associate degree or transfer within 6 years. Mapping the opportunity in North Carolina.
The potential impact in North Carolina. School NameEnrollment% Receiving Pell Estimated Potential Impact Central Piedmont19,84042%8,333 Wake Technical19,15836%6,897 Guilford Technical15,13464%9,686 Fayetteville Technical11,73757%6,690 Edgecombe3,05668%2,078 Stanly2,98874%2,211 Martin77859%459 Pamlico55455%305 Minimum Potential Beneficiaries at 8 sample schools36,668
Single Stop works with its college partners to develop localized plans for launching, financing and ultimately institutionalizing “Single Stop” services. Phase one – Single Stop works with college partners to offset start-up costs Phase two – Increased focus on integration and internal scale. Impact data helps colleges to assume increasing ownership Phase three – Complete Integration and sustainability = membership Typical costs and financing strategies. Typical partnership costs: ~$150k per site for Single Stop Services ~$150k per site to operate on-the-ground services
And you can’t get a good job unless you have an education. To do well in school you need food and shelter. To provide for your family you need a good job. It’s all connected…
DISCUSSION AND Q&A FOR MORE INFORMATION: ANDY STETTNER – NATE FALKENR –
TECHNOLOGY Benefits screening and service aggregation platform EVALUATION SERVICES Single Stop will help your college use data to make smart decisions about how to grow and integrate services over time. TRAINING Single Stop will provide customized training to your college staff, from the college president and board to student service professionals. CONSULTING Single Stop’s will provide consultative assistance to the executive leadership team to support implementation, integration, and institutionalization over time. PROGRAM ASSISTANCE Single Stop will provide your Site Coordinator with on-going support and performance management tools. TOOLKITS AND CURRICULA Technology build and launch toolkit Financial Services Toolkit and Curriculum Government Benefits Toolkit Legal Services Toolkit Performance Management Toolkit Site Coordinator Toolkit Tax Toolkit and Curriculum How Single Stop helps you.
A Stronger North Carolina. Enrollment.Graduation. Stronger North Carolina economy. Access. Retention. Workforce. Links to local corporations and wraparound services for NCReady4Wo rk Integration w/ College Foundation of North Carolina’s application portal Single Stop programs complement SuccessNC initiatives Single Stop