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 Bank, Credit Union Public Schools and State 529 Local Higher Community Leaders Education institutions Financial Education Civic Leaders Provider Health Care Providers Business Community Economic Foundations, Agencies Development and Donors
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 • Role of Convener and Fiscal Agent Need • Identify Target Cohort • Establish MOA with each School Capacity District • Letter of Support for Walk Into Resolve 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
Outcome Tracker Platform Information Sharing Flow PARENT / SCHOOL DISTRICTS • Child Data via MOA PARTICIPANTS COMMUNITY CONVENERS • Child Cohorts • Creating omnibus • account for matches Reporting functionality • Creating and for administrators PROMISE INDIANA administering individual • Omnibus Shadow 529 Accounts Accounts for matches • Portal for parents to view account activity
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