Thursday – February 22, 2018
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MATC Receives Great Lakes Higher Education Guaranty Corporation College Ready Grant
MATC's Driving Dreams Initiative Funded
Milwaukee Area Technical College is one of nine higher education institutions/community organizations in Wisconsin, Ohio and Minnesota that has received a 2015-2017 College Ready grant from Great Lakes Higher Education Guaranty Corporation.
The $548,957 grant will support MATC’s Driving Dreams initiative that has been designed to increase graduation rates among and identify a path to college for 105 students at eight Milwaukee high schools. Students will attend MATC for math and English instruction and tutoring, and will earn both high school and college credits. One outcome of this program will be a reduction in the time and cost of a college education for students and families.
Since 2012, Great Lakes’ College Ready grants have supported academic programming to prepare more high school students for college-level courses. A recent evaluation of data collected from previous grantees has pointed to new findings. First, one year of supplemental academic instruction is not enough for many at-risk students to reach college readiness benchmarks on standardized tests like the ACT. Second, programs that serve a broad spectrum of students with varying levels of academic need are less likely to move critical numbers to college-ready standards.
“One of the most daunting barriers to college completion is ‘the leaking pipeline’ of developmental education,” says Richard D. George, President and Chief Executive Officer of Great Lakes. “The goal of our College Ready grant is to learn whether and how two full years of extra support and instruction can move even more students closer to college readiness—before they arrive on campus. Doing so will do more than allow these students to bypass developmental education; it will prepare them to successfully tackle the math and English classes needed for their degrees.”
About Great Lakes: Dedicated to making college education a reality since 1967. Knowing that education has the power to change lives for the better, Great Lakes Higher Education Corporation & Affiliates was established as a nonprofit group focused on a single objective: helping students nationwide prepare for and succeed in postsecondary education and student loan repayment. As a leading student loan guarantor and servicer, Great Lakes has been selected by the U.S. Department of Education to provide assistance and repayment planning to more than 8 million borrowers – as well as assistance to colleges and lenders nationwide. Its earnings support one of the largest and most respected education philanthropy programs in the country. Since 2006, Great Lakes has committed nearly $134 million in grant funding to promote higher education access and completion for students of color, low-income students, and first-generation students. For additional information, visit home.mygreatlakes.org.