Expanding College Access and Success
Far too many talented, lower income students do not even apply to — let alone attend and graduate from — the top colleges and universities for which they are qualified. Bloomberg Philanthropies aims to expand access to higher education through the American Talent Initiative, which works with colleges and universities to help them recruit high-achieving, lower-income students, and the CollegePoint program, which provides free virtual advising to students to help them apply to the nation’s top colleges. Mike Bloomberg also gave 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 academically talented low- and moderate-income students. By 2025, ATI aims to graduate an additional 50,000 lower-income students at over 300 leading institutions.
The CollegePoint program is designed to support high-achieving, lower-income students who will be the first in their family to attend a four-year college or university by providing free virtual counseling on the college application and financial aid process from advisors at Matriculate.
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.