Third Sector recently concluded a national cohort of engaged stakeholders including public systems of higher education, college access and success providers, and funders to explore outcomes-oriented Pay for Success (PFS) opportunities as a way to fund wraparound student support services that improve matriculation, persistence, and graduation outcomes for underserved students.
Third Sector delivered six months of training and technical assistance to support state/system partners’ exploration of PFS as one tool to better connect resources to impact for underserved students. The project worked to:
- Assess Pay for Success in Higher Education by collaborating with three stakeholder groups: state government and higher education agencies, leading college access and success providers, and potential upfront funders
- Workshop Pay for Success criteria with stakeholders in order to adapt a PFS project structure to the higher education context
- Generate tools and resources to develop pilot projects and to support replicability across higher education systems
Read more about the cohort participants and the project’s background below.
If you’re interested in learning more about Third Sector's experience in Higher Education, please reach out to Sarah Walton at email@example.com.