The Citi Foundation, UNCF (United Negro College Fund), KIPP (Knowledge is Power Program) and CFED (Corporation for Enterprise Development) collaborated to develop the Partnership for College Completion (PCC), a path-breaking initiative to link savings, financial education, scholarships, and academic counseling to increase college attendance and graduation rates and help bring families into the financial mainstream.
In addition to a $5 million grant, the Citi Foundation's "More than Philanthropy" approach is helping the PCC increase college graduation rates with both funds and Citi volunteers who will provide financial education and mentoring to the students, parents and KIPP school leaders.
Citi Microfinance has designed a savings product and platform that simplifies the savings process and brings the bank directly to the school and the students and families. The PCC expects to serve over 50,000 students a year across the country ! by 2020.
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