Grant Alert: Kresge and Lumina Foundations Funding for Reverse Transfer Initiatives
May 29th, 2012The Kresge and Lumina Foundations have announced “Credit When It’s Due: Recognizing the Value of Quality Associate Degrees,” a program intended to address the issue of students who transfer from community colleges to 4-year institutions prior to receiving associate degrees, but with the goal of earning 4-year baccalaureate degrees. Citing a lack of systems for community colleges to log credits earned after transfer, the program is meant to encourage the implementation of methods that will award associate degrees to transfer students who have earned the credit, which are commonly known as “reverse transfer” or “reverse back” degrees.
Per the announcement, which can be read here, the grant is available to state higher-education executive offices, state systems of higher education representing 2 and 4-year institutions, 4-year institutions, or community colleges, and partnerships of 2 and/or 4-year institutions with a designated lead public postsecondary institution or nonprofit organization as the grant manager. It is expected that 8 to 10 grants will be awarded in amounts between $200,000 and $600,000 with 2-year durations, based on the number of community college/university partnerships needed to scale the project. Only one award will be made per state, and each project will be required to contribute to cost-sharing at the state level. For the full RFP, visit the Lumina Foundation’s website.