Hope, Togetherness, and Change During the Pandemic

by | Jul 8, 2020 | Insider

In the midst of COVID-19, we continue to adapt and adjust as an organization. While our respective plans shifted, we’ve found new and innovative ways to serve our families.

We’ve also been able to pivot workshops and previous offerings in light of the pandemic. What was once all face to face is now transitioned to an online and virtually hosted format.

We’re in new, unusual, and uncharted territory. And yet, this moment in history has spurred dramatic shifts in how we:

  • Embrace the power of technology
  • Create strategic partnerships
  • Fight racial inequality
  • Protect our families in uncertain times

In today’s update, we share how we’re changing during the pandemic, the work that’s happening, and how you can stay involved.

PROGRAM UPDATES

The Inversant Board of Directors recently met to discuss our focus for 2020 and beyond. After a series of team and board surveys, Stacy Scott facilitated an open dialogue.

During which, we determined that Inversant will strive to:

  1. Serve more college-bound individuals
  2. Build more community support for our programming

Parents of high school students have been our core constituency. Yet, we’ve seen an increasing need to expand.

As the “traditional-age college student” evolves, so will our program. Traditional age, once viewed as 18 – 25-year-olds has now shifted.

Today it includes more independent, adult learners, enrolled in full-time or part-time study. Some are parents, themselves.

This provides Inversant an opportunity to support this growing population.

We’ll adapt our programming to serve nontraditional-age students and equip them with:

  • Knowledge
  • Skills
  • Resources

Everything they need to make important and financially-significant decisions about their education.

As we explore the expansion of support, earning community support is critical. That and maintenance are key to sustaining growth and a positive impact.

To better understand our local communities, we’ll form Community Advisory Groups in five cities.

Each group will include individuals from civic, business, education, and nonprofit spheres. We’ll also invite Inversant alumni representation to each advisory group.

The knowledge and insight will help inform the evolution of Inveresants programming. From design to delivery, our community groups will provide guidance and direction.

ADVANCEMENT UPDATES

Director of Research, Bahar Ackman Imboden, recently interviewed experts from The Institute of Student Loan Advisors and the Student Borrower Protection Center.

She introduced Inversant and Hildreth Institute to like-minded organizations with over 8,000 followers combined.

Their conversation, “How to Avoid Unfair College Student Loan Practices,” answered many questions borrowers and co-signers most frequently ask.

This topic was especially important during such uncertain times.

How to Avoid Unfair College Student Loan Practices

Student loan debt has reached astronomical levels in the U.S., with 44.2 million Americans carrying an estimated $1.64 trillion in debt.While that's alarming, equally alarming is the vast difference between public and private loan repayment.#COVID19 has further exposed the riskiness of private student loans. At Hildreth, we sought to show how unregulated the private student loan sector has become and why change is critical.Listen in as Bahar Akman Imboden, Managing Director, Hildreth Institute chats with guests Betsy Mayotte, President and Founder, @theinstituteofstudentloanadvisors and Ben Kaufman, Research and Policy Analyst, @protectborrowers about this crisis.Set the date for June 10, 2020, at 1:30 pm EDT where we'll share advice for students and families, based on years of research, compliance, and advocacy work.See you there!#CARESAct#HigherED

Posted by Inversant on Wednesday, June 10, 2020

FUNDRAISING UPDATES

Pizza Parties

Our recent celebration of the Inversant Class of 2020 was a massive success! Over 8 days, we celebrated parents and their high school graduates.

We’ll share complete details about our Pizza Party Campaign in our next edition, but want to celebrate its huge success.

Our campaign goal for the Pizza Party was to raise $5,000.00 to cover pizza, delivery, and other party expenses. We far exceeded expectations raising a total of $7,863.00!

We also want to take a moment to say thank you to Acadian Asset Management. When they heard about the at-home parties, they offered to sponsor all pizzas for our Boston households!

A long-time Inversant supporter, Acadian was instrumental in a successful celebration on Monday, June 22, 2020.

Today is the day – we’re kicking off two weeks of graduation celebrations for Inversant families!⁣⁣Beginning today and running through July 1st, we’re celebrating 164 seniors in 159 households. The party will begin in Boston tonight at 5 pm when our delivery drivers appear sponsored by Acadian Asset Management. ⁣⁣With pizza in hand and parents by their side, families will join our virtual graduation. From commencement speeches to certificates of completion, we’re celebrating parents and students!⁣⁣???????????????????????????????????????????????????????????? ???????????????????????????????????? ???????? ????????????????! We can’t wait to see what the future holds!⁣⁣Click here see how you can get involved: https://inversant.org/2020-inversant-commencement-for-boston/

Posted by Inversant on Monday, June 22, 2020

Match the Match

Did you know that Inversant matches as much as $180,000 in college savings every year? July is the month when Inversant’s graduating families receive savings matches as they prepare to enter college.

Keep your eyes peeled for our “Match the Match” campaign coming up in July!

It’s an exciting time of the year as we further the mission of serving low-to-middle income families. We’ll send an email with additional details on how you can help us further support Inversant families.

Family Savings Matches

When families enroll in Inversant Family Savings programs, they open up specially designated savings accounts for college.

Throughout their participation in the program, we encourage families to save, little by little, month by month, for their children’s higher educational expenses.

As an incentive, Inversant promises to match what each family has saved (specific match criteria vary by program site) by the end of their child’s senior year of high school.

YOUR CONTINUED SUPPORT

We are living through a historic moment that will forever alter America. Not only will this define our lifetime, but generations to come.

At Inversant, we take responsibility for the role we play during this time very seriously.

Thank you for your continued support. We’ve been on a mission to advance college access for everyone, and with your help, we’re getting closer every day.

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