Peoria Promise Foundation 620 West Glen Avenue Peoria, Illinois 61614 (309) 681-0091 www.peoriapromise.org
Peoria Promise Changes Implemented from January 2013 to Present EXECUTIVE SUMMARY: In an effort to increase the transparency, accountability and long-term sustainability of the Peoria Promise Foundation (hereinafter “PPF”), several structural and institutional policy refinements have been identified and implemented during the past two years. The following is a brief summary of those changes.
The previous PPF scholarship application process was owned and conducted entirely by Illinois Central College (hereinafter “ICC”), through the ICC Educational Foundation. An online application is now provided to students through the PPF website, ensuring full process control, accuracy and data ownership.
The ICC application process did not allow PPF access to ANY basic contact information, including student name. The new application requires a student signed FERPA waiver, allowing PPF full, legal ownership and access to financial and educational records, necessary to track and report measurable outcomes.
Memberships established with nationally recognized organizations, such as ACT and the National Student Clearinghouse, allow PPF to monitor college and career readiness indicators and report educational outcomes, such as institutional transfer activity and earned workforce-readiness credentials (any degree and/or certification).
The ICC Educational Foundation managed all aspects of PPF fund distribution, eliminating the ability for PPF to accurately account for donor dollars. Moving forward, all funds will be distributed by PPF, ensuring all available financial assistance is fully utilized.
Awards will be disbursed by PPF in the form of a tuition reimbursement. Only successfully completed coursework (grade of “C” or better) will be eligible for reimbursement.
Rather than determining funding levels based solely on the number of grades completed in public school, all students will have the ability to control the amount of funding they receive. Academic performance and civic engagement will also be measured on a weighted matrix, referred to as a Calculated Benefit Percentage.
A fully staffed office has been established in the heart of the city, allowing greater visibility to the public and student access to resources and needed assistance.
Peoria Promise Board of Directors Marylean Abney | Jim Ardis | Paul Beiersdorf | Dawn Bozeman | Ben Brewer | Dr. Bill Collier | Tara Gerstner | Paul Hammond Janaki Nair | Derrick Parker | Lindsey Samp | Mary Jo Schettler | Dr. Joyce Shotick | Sally Snyder | Dr. Amod Sureka