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Smarter Scholarship Matches

Smarter Scholarship Matches. Washington Scholarship Coalition. Executive Steering Committee (TSF, College Spark, NELA & HECB) Primary Funders Oversight & direction-setting Decision-makers. Funders Community Fdns Private Fdns & Charities State Agency Individuals.

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Smarter Scholarship Matches

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  1. Washington Scholarship Coalition

  2. Smarter Scholarship Matches Washington Scholarship Coalition

  3. Washington Scholarship Coalition • Executive Steering Committee (TSF, College Spark, NELA & HECB) • Primary Funders • Oversight & direction-setting • Decision-makers • Funders • Community Fdns • Private Fdns & Charities • State Agency • Individuals • Advisory Committee • Provide expert guidance on • overall work of the Coalition • Community outreach • HEC Board • Support technical documentation • System requirements documentation • Host website • Provide staff to maintain clearinghouse • NELA (fiscal sponsor) • Coordinates with Executive Steering Committee • Manage project budget and timelines • Reports to funders, manage grant agreements • Hire and manage vendors • Manage HEC Board transition agreement • Preserve intellectual property • Practical Philanthropy (planning consultant) • Initial Business Plan • Implementation Plan • RFP process • HECB Transition Plan • Vendors • Software Developer • Branding Firm • Project Manager • Fundraising Washington Scholarship Coalition

  4. Washington Scholarship Coalition What we collaborated to accomplish • Increase access to scholarships for Washington students, with emphasis around low-income and underserved students • Increase awareness of financial aid & scholarship opportunities • Increase private scholarship funding by providing donors with information on effective, efficient ways to contribute • Improve efficiencies in private scholarship application process • Improve availability of data on private scholarships for scholarship-seeking students • Create a trusted resource Washington Scholarship Coalition

  5. The Case for theWashBoard.org Challenges that scholarship seekers face: Other tools don’t do the job • Most scholarship searching happens online • Many online tools overwhelm seekers with unreliable search results • Inundated with excessive marketing • Require lengthy profile submission, registration fees & other additional fees • Designed for “search” rather than “match” • Not student-centered • No feedback to scholarship providers to better align dollars with the actual needs of today’s students Washington Scholarship Coalition

  6. The Case for theWashBoard.org Challenges that scholarship providers face • Lack of coordinated, cooperative efforts to help donors understand student needs • Lack of awareness & marketing of giving opportunities & processes • Some scholarship providers receive disproportionate & overwhelming number of applications • Washington has no centralized system in place to measure private scholarship giving – the landscape is not clear Washington Scholarship Coalition

  7. The Case for theWashBoard.org The Challenge for Policymakers • Effective financial aid policy requires precise understanding of where there are gaps in other funding sources • Currently, no easy way for the public sector to see where private sector dollars are reaching or not reaching “Our state’s higher education investment can be an enduring stimulus for our future economy, but we need to re-examine how existing and planned higher education resources can be best organized to achieve that goal” - HECB Executive Director Ann Daley Washington Scholarship Coalition

  8. Overviewof theWashBoard.org Washington Scholarship Coalition

  9. Overview of theWashBoard.org Impact of theWashBoard.org • Demystified scholarship application process = increased number of scholarship applications • Increased access to & completion of higher education, particularly for low income students • Better alignment of needs and opportunities between donors and scholarship seekers • Increased total giving towards education in Washington state • Increased awareness among key public and private stakeholders of the impact of scholarships in increasing college access Washington Scholarship Coalition

  10. Overview of theWashBoard.org Development Timeline: • Completed the feasibility phase • Secured $750,00 of project costs – 66% of the total needed • Launched product design & development • Secured a permanent home at the HECB • Launch pilot version to scholarship providers (mid-Oct.’09) • Launch pilot version to scholarship seekers (Dec. ’09) • Develop Phase II enhancements to unleash new functionality Washington Scholarship Coalition

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