MOST KC SCHOLARS PROGRAM AWARDEES ARE THE FIRST IN THEIR FAMILY TO ATTEND AND COMPLETE COLLEGE
That is why this program is so important – it provides an opportunity for first-generation college students to earn a degree and positively impact the trajectory of future generations. 77% of our awardees are first-generation college students. Most Scholars declare that without the scholarship, going to college would have been nearly impossible.
Great Jobs KC seeds 529 college savings accounts for 9th graders and encourages these students to contribute to the account as they progress through college. For most low-income students, if they did not have college savings accounts, they would have no savings for college. Research demonstrates that those with a college savings account – regardless of the dollar amount– are seven times more likely to enroll in college and four times more likely to complete their degree (Source: Center for Social Development, Washington University). As of June 2021, College Savings Account and Match Scholars contributed nearly $700,000 into their accounts.
Great Jobs KC will increase the metro’s attainment rate by an estimated 4.5%. The impact on the minority community is even more profound. Should the trend set during KC Scholars’ first six award cycle, the number of Black and Hispanic students in the region who enroll in college could grow by at least 13% (Sources: Georgetown University Center for Education and the Workforce and Mid-America Regional Council).