The partnership offers $1 million in scholarships
Earn to Learn FL (ETLFL), a 501(c)(3) nonprofit organization envisioning a barrier-free world of higher education, announces a partnership with Florida Gulf Coast University and the Florida Prepaid College Foundation to celebrate the 25th anniversary of the FGCU. The celebration will end with a savings of $1,000,000 Win to Learn FL for scholarships for FGCU students.
In partnership with the FGCU Foundation, the ETLFL will raise funds to purchase one-year Florida Prepaid College Foundation scholarships for FGCU students. In turn, the Florida Prepaid College Foundation will match Southwest Florida’s generosity dollar-for-dollar to leverage community investment of $500,000 into $1 million for scholarships to be awarded to deserving students who will attend the FGCU.
Angelo Serrano is an ETLFL scholar who will graduate from FGCU this spring. “ETLFL’s innovative approach ensures that students are financially prepared for college,” said Ms. Serrano. “I could not have completed my university studies without all the tools they provide.”
“About 1.4 million working-age adults in Florida earned college credit but never graduated, often incurred student debt, and remained unemployable,” said Brenda Tate, CEO of Earn to Learn FL. “We enable low-income Florida students to earn college degrees and professional certifications with little or no debt. We achieve this through matching savings grants, personal finance training and peer coaching. It’s a formula for academic success that works.
“Florida Gulf Coast University is thrilled to partner with Earn to Learn FL on this important initiative. Earn to Learn FL is committed to student success, and it is also one of the five pillars of FGCU’s strategic plan,” said Dr. Michael Martin, President of Florida Gulf Coast University. “We’ve made significant progress over the past five years, and our partnership with Earn to Learn FL means more students will graduate with little to no debt and improved workforce and well-being. economy of our state.
For more information, visit www.EarntoLearnFL.org or email Brenda Tate at [email protected]
About Earn to Learn FL
Earn to Learn FL, established in 2011, is a 501(c)3 nonprofit organization whose mission is to enable low-income students to successfully complete college.
ETLFL has developed on the basis of three fundamental principles:
1. Matched education savings: Students and their families who meet the income requirements can deposit up to $500 into an ETLFL savings account each year. Their savings are then matched 8:1 by ETLFL. This brings the combined funds available for financial aid paid directly to an educational institution to $4,500 per academic year. Funds are used for tuition, books, fees, and other approved education-related expenses.
2. Close-to-peer coaching for post-secondary success: The ETLFL trains and deploys AmeriCorps members to mentor low-income students in the areas of post-secondary access, personal finance training, and career planning. Coaches support student readiness and success strategies to successfully pursue higher education.
3. Personal Finance Training: ETLFL offers a dynamic online personal finance training program designed to produce measurable and meaningful results for students and coaches. ¦