What is Giving Compass?
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Giving Compass' Take:
• Two groups of students, undocumented and student-parents with additional financial needs, are still lacking sufficient funds after school closures due to COVID-19.
• In what ways can funders help the most vulnerable students right now?
• Learn about this new financial aid tool that can help students during the pandemic.
In response to the coronavirus pandemic, colleges, nonprofits, government, and philanthropy moved quickly to disburse emergency aid to students, many of whom found themselves without reliable access to food, housing, and technology after their campuses were forced to close. And with job losses affecting both working students and families, that support may have temporarily allayed the fears of students who wondered whether they would ever be able to return to school.
But for two groups of students — those ineligible for federal financial assistance, including undocumented students, and those, like student-parents, with additional financial needs — much-needed relief was in short supply. When government is either unwilling or unable to support students working to make their lives and communities better, philanthropic institutions have a duty to fill the gap. As a new school year marked by uncertainty draws closer, more emergency aid is needed, especially for students whose educational aspirations may slip through the widening cracks created by the pandemic.
As more funders and institutions of higher education begin to examine how their investments can be used to advance racial equity, it's also important to note that 40 percent of all Black women in college are mothers. Clearly, success in closing racial and gender equity gaps in college success will remain elusive if we ignore the needs of student-parents.
With limited emergency aid available to student-parents and unavailable to most undocumented students, the long-term success of both groups is in doubt and should be a priority for philanthropy going forward.
Philanthropy is uniquely suited to address these gaps in emergency aid funding — and many funders are already leading the way. In California, the College Futures Foundation and Mission Asset Fund created a statewide emergency aid fund that prioritizes undocumented students, foster youth, and those who are housing insecure. Edquity, which both of our organizations — Imaginable Futures and ECMC Foundation — support, joined Course Hero and Believe in Students to allow anyone to contribute to a pool of emergency funds that will be distributed to students not eligible for CARES Act aid.
Read the full article about emergency aid for students by Vinice Davis and Jessica Haselton at PhilanTopic.