Promise Early Distribution Scholarship Program

About this grant

The Wabash County Promise Initiative is a community-wide initiative designed to advance educational attainment and create a generation of educated, engaged, and economically self-sufficient young people. This grant will help the Community Foundation of Wabash County to continue support for the early distribution scholarship pilot. This component—targeting students in the 4th, 6th, and 8th grades—models the use of children’s savings accounts as a tool to incentivize and reward college preparation and planning, as well as the achievement of academic milestones shown to promote college-going identities, high school graduation and postsecondary success. The pilot also models how community foundations can support children’s savings account initiatives, and demonstrate a promising alternative to traditional scholarships.