PVD Promise is a parent-driven partnership that supports Providence Public School and Charter School students to continue their education after high-school.
Providence Promise promotes high educational aspirations and more equitable opportunities for Providence Public School and Charter School students by advocating for college savings accounts and family engagement, increasing financial literacy, and reducing the financial burden of higher education.
To increase the K-12 and postsecondary success of Providence Public School and Charter School students and to help ensure a brighter future for the students, their families, and the community.
"I believe that education is the great equalizer! It is the best way to narrow the income and wealth gap between the white community and communities of color! Providence Promise is an important part of the solution."
- Jim Vincent, Chair of the Board of Directors
How it Works
PVD Promise has established a multi-prong approach to combat the multitude of structural barriers to post-secondary education, especially for marginalized families. Its backbone, the opening of a College Savings Account (CSA), offers a pathway for families to assist their children in achieving and financing their education beyond high school. PVD Promise functions in three primary capacities to support families and youth...
PVD Promise fosters a relationship with families that is built on transparency and trust. This begins when we partner with parents/guardians to enroll children from birth through 9th grade in our program, opening a 529 CSA for each. PVD Promise ensures that families feel fully informed of the process and the associated benefits. Additionally, families commit about 1% of their annual income to each of the CSAs, owned by the family, monthly.
PVD Promise partners with families to help them grow their account by providing a $100 seed deposit to each account upon enrollment. PVD Promise continues to invest in CSAs via the Early Scholarship Program, which offers students and families hundreds of opportunities to earn additional contributions for their participation in incentivized activities. Students can earn up to $3,000 per year in incentive awards.
PVD Promise offers robust, on-going Family Engagement and Youth Engagement Programs. These programs are designed to empower families to be advocates in their child's education and community and to equip students with the tools and resources they need to be successful in their post secondary endeavors. Programming is community-responsive, bilingual in English and Spanish, and planned in partnership with member councils.
Want to learn more? Review our (FAQ) Frequently Asked Questions for more information or contact us today!
Who Can Enroll?
Students in the Providence Public School system or in a Providence charter school from kindergarten through the ninth grade are eligible to enroll in PVD Promise. However, children in Providence are eligible to enroll in PVD Promise as early as birth, so if you live in Providence and your child is not yet old enough for school, you can enroll! We hope you'll join our growing community today.
"... first of all, I can get money for college, second of all, it unites my family more and more, and third of all everybody has fun!"
- Sofia, Age 9