Case Study: TuitionMatch-MN

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Overview

TuitionMatch-MN is a one-of-a-kind program where consortium colleges can combine federal and private funding to provide a 3:1 matched savings program to help low-income Minnesotans build the financial assets they need to pursue a college education.

The Challenge

Member two-year colleges of the Minnesota State Colleges and Universities (MnSCU) system were faced with the need to grow existing fundraising programs to meet increased scholarship and tuition-assistance goals.

The Answer

Fox Advancement, in partnership with Inver Hills Community College, facilitated the development of a consortium of six Twin Cities MnSCU schools to secure new federal funding to create an innovative solution: TuitionMatch-MN.

The Result

Colleges have new opportunities to create and grow individual giving strategies to contribute to the matching pool; and students can focus less on paying tuition and focus more on education, enhancing completion rates.

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