PROMISE INDIANA Technical Aspects How Promise Works February 23, - - PowerPoint PPT Presentation

PROMISE INDIANA

Technical Aspects – How Promise Works

February 23, 2017

HOW PROMISE WORKS

• Community Coalition Building
• Community Application Process
• Support for Promise Communities
• Technical Aspects and Innovation
• Understanding CollegeChoice 529

COMMUNITY COALITION BUILDING

Framed as solution to local needs

• Education
• Youth Development
• Economic Development
• Community Health
• Community Corrections

If we increased the educational attainment rate in our community, who would benefit?

COMMUNITY PARTNERS

Public Schools Community Leaders Civic Leaders Business Community Foundations, Agencies and Donors

Bank, Credit Union and State 529 Local Higher Education institutions Financial Education Provider Health Care Providers Economic Development

UP NEXT…

• Could Promise Indiana benefit our County?
• Determine your level of involvement
• What would Promise Indiana look like here?
• Who else should be at the table?

Based on your responses: Determine Next Steps

• A series of convening's, working group, social groups,

school boards?

• How do we prepare for the launch?

COMMUNITY APPLICATION

Need Capacity Resolve

• Role of Convener and Fiscal

Agent

• Identify Target Cohort
• Establish MOA with each School

District

• Letter of Support for Walk Into

My Future Event

• Funding Plan

SUPPORT FOR PILOT COMMUNITY

• Convener organization training
• Data collection tools and analysis
• CollegeChoice 529 Training
• Promise Google Drive
• Teacher Toolkit
• Walk Into My Future Toolkit
• Bi-Weekly Convener Calls

TECHNICAL ASPECTS AND INNOVATION

• Account Creation
• Data Sharing
• Outcome Tracker
• Protected Funds

• Child Cohorts
• Reporting functionality

for administrators

• Omnibus Shadow

Accounts for matches

• Portal for parents to

view account activity

SCHOOL DISTRICTS

• Child Data via MOA
• Creating omnibus

account for matches

• Creating and

administering individual 529 Accounts

Outcome Tracker Platform Information Sharing Flow

COMMUNITY CONVENERS PROMISE INDIANA PARENT / PARTICIPANTS