Expanding College Access and Success
Far too many talented, low- and middle-income students do not even apply to — let alone attend and graduate from — the top colleges and universities they are qualified for. Bloomberg Philanthropies aims to expand access to higher education through the American Talent Initiative, which works with schools to help them recruit high-achieving, lower-income students, and the CollegePoint program, which works with students to help them apply to the nation’s top colleges. Mike Bloomberg has also given the largest gift in the history of American higher education to allow Johns Hopkins University, his alma mater, to accept students without regard to their ability to pay in perpetuity.
The American Talent Initiative (ATI) is a coalition of top colleges and universities is committed to expanding access and opportunity for talented low- and moderate-income students. By 2025, ATI aims to graduate an additional 50,000 lower-income students at 270 leading institutions.
Because schools that serve predominantly lower-income high school students have relatively few college counselors, these students face more barriers to applying to college than their peers from higher-income families. The CollegePoint program supports high-achieving, lower-income students by providing free virtual counseling on the college application and financial aid process from expert advisors at the College Advising Corps, College Possible, Matriculate, ScholarMatch, and other nonprofit organizations.
In 2018, Mike Bloomberg gave a $1.8 billion gift devoted exclusively to undergraduate financial aid, allowing Johns Hopkins University to permanently commit to need-blind admissions and ensure educational opportunities for the next generation of global leaders. The gift builds on his long-standing commitment to support students through a wide array of scholarships at the university.
Top photo: Frosilda Pushani, a student at the University of Michigan majoring in Biopsychology, Cognition, and Neuroscience who participated in the CollegePoint program.