Hartford Promise’s first year has been very successful. It is important to note that other Promise cities like Denver, Pittsburgh, and Kalamazoo have been using the Promise Scholarship approach for years. Their collective data demonstrates significant and important results on the Promise’s ability to impact student outcomes. Below are some of their significant findings:
Hartford Promise Results
The first group of Promise Scholars includes 144 Hartford students.These students represent 17 Hartford Public High Schools – broadly spread among neighborhood schools, magnet schools, and our charter high school. This is a diverse group of students, coming from every Hartford neighborhood and representing multiple races, nationalities and cultures. The vast majority of these students are low income minority students, and first-generation college-goers. Promise Scholars are attending 37 different colleges or universities such as: Yale, Wesleyan, UCONN, Franklin & Marshall, Lafayette College, Goodwin College, Quinnipiac, Mount Holyoke, University of Saint Joseph, Trinity, Capital Community College, Springfield College, Eastern Connecticut State Univ., Tufts, University of Hartford, Central Connecticut State Univ., Manchester Community College, Wellesley and many more.Read More
Denver Promise Results
A new evaluation of Denver’s Promise Scholarship program shows encouraging results as students are able to leverage additional dollars to fund their college education and become contributing taxpayers.
The Pell Institute for the Study of Opportunity in Higher Education, released a study Monday that determined the Denver Scholarship Foundation’s work adds $6-8 million in additional earnings to the regional economy each year. Every dollar spent on a student who graduates with support from the foundation, researchers found, yields nine times that amount in the local, state, and federal taxes.
Moreover, about 76 percent of scholars are persisting or have graduated since the program was established in 2006.Read More
Kalamazoo Promise Results
In a paper released on June 25, 2015, the Kalamazoo Promise college scholarship program is estimated to increase college completion by one-third.
Among the estimated effects of the Promise are the following:
++ The Promise is estimated to increase enrollment in a 4-year college by about one-third, from 40% for the comparable group in the pre-Promise period to 53% for the eligible group in the post-Promise period.
++The Promise is estimated to increase the receipt of any post-secondary credential (certificate, associate degree, bachelor’s degree) from 36% in the pre-Promise period, to 48% in the post-Promise period.
++The Promise is estimated to increase the percentage of KPS graduates getting a bachelor’s degree from 30 percent of comparable KPS graduates in the pre-Promise period, to almost 40% for Promise-eligible KPS graduates in the post-Promise period, an increase of about one-third in the number of BA/BS graduates.
++The Promise is estimated to boost the number of low-income students attending a 4-year college by over 50%, over twice the effect observed for middle-income students.
++The Promise had at least as great and sometimes greater effects for non-white students compared to white students.The biggest finding: Promise-eligible students are a third more likely to graduate college within six years of finishing high school compared to their pre-Promise peers.
++The researchers also estimate The Promise yields an estimated $4.60 in benefits for every $1 invested. That means the $66 million spent so far on the program has an estimated return on investment of more than $300 million, based on the projected increase in wages over 30 years for students who wouldn’t have graduated college otherwise.Read More