Indiana University Kokomo is partnering with the Wabash County YMCA in an effort to provide scholarships for students participating in the Wabash County Promise program. The initiative aims to give students and their families assistance in preparing for college.
As part of the partnership, IU Kokomo Chancellor Susan Sciame-Giesecke has pledged to give a $1,000 scholarship for each current eighth grader who meets the program’s requirements and enrolls at the university. She says the program will help instill a college identity at a young age.
"Saving for the future, and providing these types of incentives for students, helps them build the identity of someone who goes to college," said Sciame-Giesecke. "We are proud to partner in raising the educational attainment level of Wabash County residents."
The Wabash County Promise program gives families the chance to open a CollegeChoice 529 savings plan, with donors providing the first $25. The children are encouraged to find supports to help them raise $25 to deposit into the account, which is matched by the community. As the students get older, the program provides college preparation services, including tips on applying for programs such as 21st Century Scholars.
The scholarships awarded by IU Kokomo will provide $250 per year for four years.