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Established in 1989, Philadelphia Futures was established to help low-income, first-generation-to-college students in Philadelphia enter – and succeed in – college. Since 1990, its program, Sponsor-A-Scholar (SAS), has grown from a mentoring and scholarship program into a comprehensive, intensive, multi-year array of year-round services.
College Possible is a 501(c)3 organization that has received a four-star rating from Charity Navigator for financial management and a three-star rating for accountability and transparency. [11] A 2011 Harvard study determined that Admission Possible more than doubles the chances a low-income student will enroll in a four-year institution. [12]
It was created in 1963 by an Act of the Pennsylvania General Assembly, and engages in loan guaranty, loan servicing, financial aid processing, outreach and other student aid programs. It was announced on July 8, 2021 that the agency and the United States Department of Education would not continue their relationship, effective on December 14, 2021.
This scholarship, along with others offered by the school, can help low-income students cover almost the entire cost of their education, Centre College President Milton Moreland said.
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[3] [4] The organization hosts annual student advocacy days at the Pennsylvania State Capitol that attract hundreds of students from across the state. [ 5 ] [ 6 ] 280,000 students attend the 85 AICUP member colleges, representing 52% of all four-year degree-seekers in the state. [ 7 ]