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College is possible for more people starting today: NWTC Promise fills unmet financial need

Thursday October 6, 2016
A new initiative may help low-income students avoid debt at Northeast Wisconsin Technical College. NWTC Promise, offered by the NWTC Educational Foundation, Inc., will serve low-income high school students who will graduate in spring 2017 and will attend NWTC in fall 2017.

NWTC Promise helps Wisconsin high school seniors afford collegeThe program has been created to help high school seniors with at least a 2.0 GPA who have filled out the FAFSA (Free Application for Federal Student Aid) and who have been told that their expected family contribution is $3,000 or less. For eligible students, NWTC Promise can pay any tuition and course fees that are not covered by federal/state grants and other scholarships (for up to six semesters or until graduation), preventing the need to take out student loans. Promise also provides a $100 book voucher each semester. 

Details and an information request form are available at www.NWTC.edu/promise. For students who don’t qualify for NWTC Promise, other Financial Aid options are listed at www.NWTC.edu/PayingForCollege.

A modest investment in good students can help whole communities

“We have had students who can go from being hungry and homeless to being college graduates with a family-supporting job—all in two years or less,” said Dr. H. Jeffrey Rafn, NWTC President. “All they need is a little help for a short time to be self-sufficient for a lifetime. NWTC Promise will assist those students for whom one additional scholarship will make all the difference.”
 
NWTC and the NWTC Educational Foundation expect that by helping students avoid additional debt, students will feel more confident enrolling in classes, staying in college, and becoming independent after graduation.
 
“The most important benefit to our area may be that graduates are better able to fulfill their potential and fill high-skill jobs, rather than drop out to cover expenses at the cost of their dreams,” Rafn said. “Promise is an investment in student success, workforce development and business growth.”

Financial Aid is available, but most NWTC students still work many hours

NWTC Promise is one part of NWTC’s ongoing work to make sure finances don’t keep any student out of college. A web page at www.NWTC.edu/PayingForCollege lists grants, loans, work-study and other options.
 
But finances are clearly still a concern. A recent survey of 2,500 new NWTC students indicated that 63% of them expect to work at least 20 hours per week while they go to college, and more than 70% are worried about having enough money to pay for college.
 
Information is being provided to high schools starting this week. Interested students and families can find details, more specific qualifying criteria and an information request form at www.NWTC.edu/promise. Watch for hashtag #NWTCpromise for more information and success stories.

Donate to grow NWTC Promise and help more students

Individuals who are interested in contributing to NWTC Promise can go to www.NWTC.edu/foundation and select “Give Now." 
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