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WHY WAS WALLIN EDUCATION PARTNERS STARTED?

The program was created due to Win and Maxine Wallin’s belief in the critical role of education in shaping both individual lives and the larger community. The intent was to develop a college scholarship program to provide an opportunity for students who otherwise might not be able to afford college.

WHAT IS THE BENEFIT TO ALL STAKEHOLDERS?

  • For students who receive a scholarship the benefit is significant and long lasting. The program provides critical financial assistance, often to minimize or even avoid loans, and sometimes to close the gap in financing college. It offers individualized advising to navigate college enhancing the chance for successful completion of a degree.
  • For high schools the program provides opportunities for high potential students to attend and succeed in college. This in turn sets an example for students who are considering college as a viable prospect and affirms the mission of high schools which is increasingly measured by the percent of their students who earn a college degree.
  • For partner colleges the program brings financial assistance to students often beyond what college resources or policies provide, enhances the chance of success for students from demographics that may struggle in college, adds to the advising resources available at the college, and increases the graduation rates for all partner colleges.
  • For individual donors the program provides a proven outcome for donor dollars and offers the opportunity to change the lives of individual students. For some donor partners there is the benefit of getting to know their scholar(s) and follow their lives and careers.
  • For corporate donors the program offers opportunities to enhance their own talent pool and to have access to a well-educated and highly diverse cohort that can be a part of their diversity initiatives. The program offers a way to be part of a larger group of corporate leaders who together are addressing serious problems including reducing inequality, closing the achievement gap, and attacking the skills gap that is emerging throughout the metro area.
  • For all donor partners the program provides enormous leverage by being the last dollars of financial aid that often includes federal, state, and institutional grants for scholars. We effectively manage the recruitment and selection of scholars and the distribution of financial aid throughout their years in college.
  • For alumni of the program we connect to former scholars through our alumni database, which is still expanding. There are opportunities for communication within the alumni group, specifically networking for future employment.
  • For our community the program significantly adds to the percentage of young people who complete college. This in turn contributes to the talent pool available to local and regional employers, strengthens the economy and helps to close the achievement gap in our community.

HOW MANY SCHOLARS ARE IN THE PROGRAM?

540 college students are currently in our program in 2016. Since 1992 over 4000 students have received scholarships. In June 2016, 143 new students received scholarships through Wallin Education Partners.

WHAT IS THE PROFILE OF SCHOLARS IN 2016?

  • 540 Current Scholars
  • 143 scholars selected
  • From 28 high schools
  • Attending one of 52 colleges
  • 70% students of color
  • 57% first generation
  • Average family taxable income is $22,800

WHAT DO SCHOLARS STUDY?

  • 43% of our scholars are pursuing STEM majors
  • 14% Social Sciences – Psychology, Sociology, Cultural Studies
  • 10% Business – Business Management, Human Resources, etc.
  • 7% Humanities – Art, History, Philosophy
  • 25% Undeclared (their interest areas reflect the breakdown above); most are first year students

WHO ARE YOUR DONOR PARTNERS?

Donor partners include individuals, families, foundations and corporations. Currently we have 56 donors who support scholars through named scholarships.

WHO ARE YOUR CORPORATE DONOR PARTNERS?

Our corporate donors include: Medtronic, 3M, Travelers, General Mills, Boston Scientific, US Bank, Horton Inc, Piper Jaffray, Think IT, Ameriprise, Hays Companies, NorthStar Education Finance, Sit Investment Associates, Braun Intertec, and Jostens.

CAN DONOR PARTNERS PARTICIPATE IN THE SELECTION OF THEIR SCHOLARS?

The program provides an opportunity for donors to offer preferences that will be considered when scholars are selected.  For example donor partners may indicate interest in a particular school district or high school, intended major, or college as examples.  A staff review team ultimately selects all scholars.

WHO ARE YOUR PARTNER HIGH SCHOOLS?

We work with all public schools in Minneapolis, St. Paul, Anoka-Hennepin, and the northern suburbs (Mounds View, Fridley, Columbia Heights, Spring Lake Park, Park Center, and Brooklyn Center) as well as Cristo Rey Jesuit High School.

HOW DOES A HIGH SCHOOL BECOME A PARTNER?

We hope to expand to additional high schools with a rigorous academic curriculum and a similar scholar demographic but this must be accompanied by additional new donor partners who would support scholarships. In recent years we have had three times as many applicants who meet our academic qualifications and our income limits as we have scholarships available. Given that we could handle the advising needs of a third more students with current staffing, financial support is the only constraint to greater reach and success within the current geographic area.

WHO ARE YOUR PARTNER COLLEGES AND UNIVERSITIES?

Non-profit four-year colleges and universities in Minnesota and four neighboring states (WI, IA, ND, and SD) plus the Historically Black Colleges and Universities (HBCUs) are eligible. We work to ensure that colleges (1) partner with Wallin Education Partners and appoint a liaison to work with us  and (2) to commit to having Wallin Education Partners scholarships be “last dollar” scholarships.This means that Wallin Education Partners dollars go to reduce the family contribution, not to reduce aid from the college.To be a college partner, they must also share with us student academic records (we require the students to sign off on our access to their records as a condition of the scholarship).

WHAT IS YOUR GOAL FOR SCHOLARS IN THE PROGRAM?

Our goal is to enable each scholar to complete a four year degree with a manageable level of debt upon graduation. The success of our scholars (92%) exceeds that of all students both nationally and in Minnesota, and matches the graduation rates of the top ten, (and exceeds that of the top 25) “National Liberal Arts Colleges” in US News annual rankings. The demographic of such “top colleges” is dominated by very high income students and our scholars come from the bottom quartile of the income distribution.

WHAT IS THE COST TO SUPPORT A SCHOLAR IN YOUR PROGRAM?

For 2017, a named scholarship is a commitment of $23,000/scholar which provides both financial aid and extensive academic advising and support services for up to 6 years.

WHAT IS THE BREAKDOWN OF ADMINISTRATIVE COSTS VS. PROGRAM EXPENSES?

In FY2016, 90% of funds were spent on programming and scholarships; 5% on management and 5% on fundraising.