The initial pilot student success program has rolled out in two phases. High school and community college students currently earning micro-scholarships from WSU on RaiseMe can do so for various achievements, such as maintaining a 3.5 GPA, completing an AP course, participating in extracurricular and volunteer activities, and more. WSU first partnered with RaiseMe in 2017 to offer high school students the opportunity to earn micro-scholarships- ranging from $150 to $3,000 - on their path to college beginning as early as the ninth grade. On RaiseMe’s high school and community college platforms, four-year colleges incentivize and promote positive student college-going behaviors using financial awards from a prospective student’s institutional financial aid package. Now, WSU’s student success program on RaiseMe aims to impact additional student success outcomes, including first-year retention and on-time graduation rates. RaiseMe’s unique approach to student success, which pairs nudges with incremental financial incentives to encourage and motivate students, has already been proven to result in improved admission, enrollment and yield outcomes for students and institutions alike.
All three programs are rooted in recent academic research behind using personalized “nudges” to positively impact students’ behavior throughout their academic journey. RaiseMe’s newest initiative is built off of the success of its high school and community college micro-scholarship platforms, which together have supported over 2 million students in their path to enrollment at a four-year university. Among certain under-represented minority populations, the six-year completion rate is as low as 29%. According to the National Student Clearinghouse, recent reports indicate that just 55% of students at a two-year or four-year college in the United States have completed a degree within 6 years. The new student success program borrows elements from RaiseMe’s existing college readiness programs for entering college students, instead addressing the student success from a perspective of curbing stop-out and drop-out among current enrolled undergraduate students.
The program, which aims to promote college persistence and retention for current college students, will reward students with incremental achievement-based scholarships ranging from $10 to $50 each to be applied toward tuition in the following academic year. Wayne State University has partnered with the college readiness and student success platform RaiseMe to launch the first ever micro-scholarship-based student success initiative in the nation.
RaiseMe’s pilot program aims to improve first-year student retention by addressing risk factors related to financial need, academic challenges, and sense of belonging.
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