Achieving the Dream and OneMain Financial Announce National Scholarship Program

Community colleges to award $60,000 to help low-income students realize education goals


Baltimore, Md. (February 18, 2015) – Achieving the Dream, Inc. and OneMain Financial today announced the OneMain Financial Completion Scholarship Program, a national effort to help low-income community college students get to the finish line and earn a certificate or degree. By providing scholarships to students who are near completion, community colleges in the Achieving the Dream National Reform Network will give these students an extra boost by reducing financial barriers that stand in the way of completion.

“Nearly 70% of community college students in our nation have to work while attending college and 33% work full-time while attending college. These students have to work because one in three community college students nationally have family incomes of less than $20,000 per year, putting them near or below the poverty line. So this scholarship program serves as a brilliant example of how corporate-community college partnerships can help students overcome financial obstacles to successful college completion,” said Dr. William E. Trueheart, President and CEO of Achieving the Dream. “Supplemental support of students is critical to successfully earning college credentials.

Community colleges are increasingly seeking strategies to improve completion rates, particularly for low-income students and students of color. Through this scholarship program, Achieving the Dream and OneMain Financial are working together to help students overcome financial barriers.

“At OneMain Financial, we recognize the need for more students to complete their education and secure jobs that will allow them to support a family,” said Mary McDowell, OneMain Financial President and CEO. “We are excited about the OneMain Financial Completion Scholarships, which will be offered to students who are nearing graduation but are facing potential delays due to financial burdens.”

The following colleges were selected for the OneMain Financial Completion Scholarship. Each of these institutions will receive four $3,000 scholarships:

In fall 2015, recipient colleges will administer and disburse the first round of scholarship funds.

Media Contacts

Lynn Reddy, Achieving the Dream, (240) 450-3830,

Lillian Suffolk-Kilroy, OneMain Financial, (410) 332-3706,

Achieving the Dream (ATD) leads a growing network of more than 300 community colleges committed to helping their students, particularly low-income students and students of color, achieve their goals for academic success, personal growth, and economic opportunity. ATD is making progress in closing equity gaps and accelerating student success through a unique change process that builds each college’s institutional capacities in seven essential areas. ATD, along with nearly 75 experienced coaches and advisors, works closely with Network colleges in 45 states and the District of Columbia to reach more than 4 million community college students. Follow us on Twitter, Facebook, and LinkedIn.

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