Pay for Success

Using Pay for Success to Provide High-Quality Career and Technical Education Programs for Underserved, High-Need Youth

In October 2016, the U.S. Department of Education awarded a $2 million grant to Social Finance, Inc. and Jobs for the Future to expand high-quality Career and Technical Education (CTE) programs for underserved, high-need youth through Pay for Success (PFS). This project will be completed over 60 months, from October 2016 to October 2021. The ultimate aim of the CTE PFS technical assistance program is to improve outcomes for underserved, high-need youth through fully structured high-quality PFS projects ready to be implemented in the local CTE sites using high-quality CTE programs.

Social Finance and Jobs for the Future (JFF) held a national competition from January to March 2017 and selected four partner sites to receive technical assistance in assessing the feasibility of using PFS financing to implement a new or scale an existing CTE program. Social Finance and JFF awarded technical assistance to four CTE sites: Mahoning County Educational Services Center (MCESC), focused on regional collaboration between stakeholders in northeastern Ohio; NAF, focused on expanding work-based learning and paid internships for their work in Dallas, Texas; Pharr-San Juan-Alamo Independent School District, focused on expanding their agriculture career pathways in the Rio Grande Valley in Texas; and South Bay Community Services in San Diego, California, focused on launching and scaling their Back on Track program. From June 2017 to November 2018, Social Finance and JFF completed feasibility studies for these four sites.

In August 2020, Social Finance and JFF launched the final round of the national competition to select up to two sites to receive technical assistance. In January 2021, Social Finance and JFF selected ESC Region 19 in El Paso, TX and the School District of Palm Beach County in Palm Beach County, Florida as the winning sites. Social Finance and JFF began feasibility work in February 2021.

Please email Narni Summerall (nsummerall@socialfinance.org) with any additional questions.

Summary

In October 2016, the U.S. Department of Education awarded a $2 million grant to Social Finance, Inc. and JFF to expand high-quality Career and Technical Education (CTE) programs for underserved, high-need youth through Pay for Success (PFS). This project will be completed from October 2016 to September 2021.

The aim of the CTE PFS TA program is to improve outcomes for underserved, high-need youth by expanding access to high-quality CTE programs using PFS financing.

 

QUICK LINKS

Fact Sheet | Print Version

U.S. Department of Education: Pay for Success

OCTAE CONTACTS

Sherene Donaldson
Sherene.Donaldson@ed.gov
(202) 245-6041

Sharon Miller
Sharon.Miller@ed.gov
(202) 245-7846

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