PRNewswire: College Board Announces Major Expansion in Access to Scholarships for the Millions of Students Who Take the PSAT/NMSQT®

The College Board has announced partnerships with six minority scholarship funds including the American Indian Graduate Center (AIGC) and the American Indian Graduate Center Scholars (AIGCS). Together, the partnerships will allow for millions of students to better access scholarships specifically for low-income and minority students.

An excerpt:

“NEW YORK, Jan. 29, 2015 /PRNewswire-USNewswire/ — Through new partnerships with five of the country’s leading scholarship providers, the College Board will expand access to scholarship opportunities earlier in high school to change students’ trajectories and help inform their decisions about pursuing college. The American Indian Graduate Center and American Indian Graduate Center Scholars (AIGC and AIGCS), Asian & Pacific Islander American Scholarship Fund (APIASF), Hispanic Scholarship Fund (HSF), Jack Kent Cooke Foundation (JKCF), and the United Negro College Fund (UNCF) will use information from the PSAT/NMSQT® to expand access to nearly $180 million in existing scholarship dollars to low-income and minority students.

The PSAT/NMSQT information will allow AIGC and AIGCS, APIASF, HSF, the JKCF, and UNCF to reach a better representation of high school students across the country who may not have otherwise been aware they were eligible for scholarship opportunities. Outreach will begin with students from the class of 2015 who have taken the PSAT/NMSQT during high school and opted in to receive materials from scholarship providers.

The PSAT/NMSQT is the nation’s largest and most representative precollege assessment. In October 2014, a record 3.8 million students took the exam. As a result of the College Board’s ongoing efforts to expand access to the PSAT/NMSQT to a broader group of students, 77 percent (897,567) of minority students who graduated from public high schools in 2014 took the PSAT/NMSQT at least once.

The announcement reinforces the College Board’s commitment to making assessments a platform for delivering opportunity. These new partnerships, combined with the College Board’s long-standing partnership with National Merit Scholarship Corporation (NMSC), create a portfolio of opportunities that reach every major segment of students. The scholarships will now range from programs focused purely on academic merit, to those available to students who meet specific financial, racial, ethnic, and other eligibility requirements.”

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