College Promise Releases Building Assets & Aspirations: A Playbook for Integrating College Promise (CP) Programs & Children’s Savings Accounts (CSAs)
November 2021 | With generous funding from the Charles Stewart Mott Foundation, College Promise and its partners, Prosperity Now and the National League of Cities, released Building Assets & Aspirations: A Playbook for Integrating College Promise (CP) Programs & Children’s Savings Accounts (CSAs). This playbook highlights pioneering work from Oakland Promise, KC Scholars, Lansing Promise, Illinois Heartland Alliance, Community Foundation of Wabash. County, and Providence Promise, and shares guidance for other communities and regions interested in this complementary approach.
Since 2017, College Promise, Prosperity Now, and the National League of Cities have partnered to leverage their experience, expertise, and resources to significantly change the trajectory for hundreds of thousands of children and families.
The CP-CSA Partners’ one common goal is to expand the impact of College Promise (CP) programs by incorporating Children’s Savings Accounts (CSAs) into their designs to help students earn their certificates and degrees. When integrated, these initiatives embed sustainable incentives, scholarships, college-community partnerships, savings, analytics, cross-sector collaboration, and a clear pathway for student success to and through college, career, and community.
This College Promise-Children’s Savings Account (CP-CSA) Integration Playbook aims to share the relative benefits, challenges, and strategies to incorporate CSAs into College Promise programs. Whether you are interested in learning best practices, replicating successful integration models, or just beginning to explore the opportunity and impacts of the College Promise or CSA, you will find this Playbook to be a useful resource.
The high-level takeaways from this Playbook are: (1) the demonstrated, long-term shared commitment to the college-to-career pipeline from Promise and CSA programs; (2) the varied local/state intersection opportunities and evidence in support of them; and (3) the critical roles of partners working together to coordinate resources and delivery in ensuring maximum impact.
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