NH Promise Offering Save for College Classes

FOR IMMEDIATE RELEASE                                            
Aug. 16, 2011                                                                        
Betsy Yagla
(203) 776-6473, office
 (203) 823-0410, mobile
New Haven Promise Offers Financial Literacy Classes
(NEW HAVEN) —New Haven Promise is offering a three-session introductory financial literacy class, Saving for College 101, designed to help parents save money for college.
New Haven Promise scholarships—for students who live in New Haven, attend New Haven public schools, earn a 3.0 GPA, maintain a 90% attendance rate, complete 40 hours of community service and have a positive disciplinary record—cover up to full tuition at in-state public colleges and up to $2,500 at in-state private, nonprofit colleges.
The financial literacy course will be held on three consecutive Wednesdays—Sept. 28, Oct. 5 and Oct. 12 from 6-8 p.m.—for residents of New Haven who have children enrolled in New Haven public schools. Saving for College 101 will cover useful tools for parents like basic banking skills and how to open a 529 college savings account, as well as information about college scholarships and how to apply for financial aid.
New Haven Promise hopes these classes will help the parents/guardians of New Haven public school students navigate the financial aid system and better financially prepare them for college.
“One of the best things New Haven Promise can do is empower parents and guardians by providing them the tools they need to support their children,” says executive director Emily Byrne.  “Parents and guardians are essential partners in increasing student achievement and creating a college-going culture.”
For more information or to fill-out an application, go to www.newhavenpromise.org, call (203) 776-6473 or email: info@newhavenpromise.org. Space is limited in the classes, and applications are due Sept. 12.