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Georgia State University-2015--Financial Aid Interventions

Year: 
2016
Campus Strategy: 
  • In 2008, the graduation rate for students who lost the Hope scholarship was only 20%, 40-points lower than the rate for those who held on to it. Gaining the Hope Scholarship back after losing it is a statistical longshot: only about 9% of Georgia State students pull this off.  Using a $500 incentive for two semesters after the scholarship is lost, the Program requires students to sign a contract agreeing to meet with their advisors, attend academic skills workshops and participate in financial literacy training.
  • By signing a contract to receive $500 for each of the first two semesters after losing Hope, students agree to participate in a series of programs and interventions designed to get them back on track academically and to make wise financial choices in the aftermath of losing the scholarship. 
  • Scholarship Criteria:
    • Program is open to freshman and sophomore students with a 2.75 – 2.99 HOPE grade point average.
    • Student must pursue a minimum of 30 credit hours within the next academic year (fall, spring, and summer semesters).
    • Students must attend Student Success workshops facilitated by the Office of Undergraduate Studies.
    • Students must meet with their academic coach on a regular basis.
    • Students are required to attend mandatory advisement sessions facilitated by the University Advisement Center.

Keep Hope Alive supported a record number of students and continues to have a success rate of about 50% even with a significant expansion in the number of students.