New partnership with the Tennessee College
Access & Success Network and Discovery Education addresses the
challenges of lower-income, first-generation college
students
UBS announced today a $2 million commitment to launch The
TalentED Project, a new initiative aimed at increasing college
success through strategic partnerships with the Tennessee College
Access & Success Network (TCASN) and Discovery Education, the
leading provider of digital content and professional development
for K-12 classrooms. The TalentED Project, which will launch its
pilot in October 2015, is an innovative technology-based solution,
designed to increase the recruitment of high-potential,
lower-income, first-generation college students. The portal
connects college admissions officers with college access
professionals enabling them to match talented students to colleges
that are a good fit for them.
"The TalentED Project is a new approach to tackling challenges
faced by lower-income, first-generation college goers," said Bob
McCann, President Americas, UBS. "In partnership with TCASN and
Discovery Education, we can help accomplish something that is
important to every single person in this country — getting more
students into the schools and universities that will put them on
the road to lifelong success."
Last year, UBS announced a $10 million, multi-year commitment to
building out a platform for college success, UBS NextGen Leaders,
with a goal to increase graduation rates among first-generation and
lower-income college students. The platform's first initiative,
UBS-SEO College Scholars, is an intensive college success program
in partnership with SEO Scholars that provides support and
resources to a cohort of African American and Hispanic/Latino young
men. The TalentED Project is the newest program under UBS NextGen
Leaders, with TCASN serving as the project's lead content and
implementation partner and Discovery Education leading the
technical development of the platform, and playing a key role in
raising awareness and distributing these innovative resources to
its growing community of educators and students.
The TalentED Project enables admission recruiters to connect
with students earlier in the traditional admission process, so that
they can more efficiently and effectively recruit them to their
campuses. For college access professionals and students, the portal
helps in identifying "good fit" colleges and synthesizing
information including selectivity, affordability, retention and
graduation rates.
“We know from research that college fit - finding a college that
meets your academic, financial, social and emotional needs - is
critical to college success and completion. High-potential,
lower-income, first generation students are not always aware of the
many college options available to them,” said Bob Obrohta, TCASN
Executive Director. “The TalentED Project, created with input from
over 150 college admissions and college access professionals, not
only helps these students realize their potential, but it also
allows colleges to actively recruit these students to their
campuses.”
"Governor Haslam’s Tennessee Promise makes community college
free for every high school graduate in Tennessee, the president
just took a first step to making it easier for any student to apply
for financial aid by letting families use tax information they
already have, and UBS is going to connect high school guidance
counselors with college admissions officers to help low-income
students get into good colleges,” said Senator Lamar Alexander
(R-Tenn). “Today’s Tennessee high school students have the best
opportunity in history to earn a college degree – and it will be
the best investment they’ll ever make."
“Through the Drive to 55 and Tennessee Promise initiatives we
are working to change higher education expectations in Tennessee,
but this is not just about ‘access’ but also ‘success,’” Governor
Bill Haslam said. “We want to do everything we can to empower
Tennessee students in their pursuit of a degree and a high quality
job, and The TalentED Project creates another avenue to help
lower-income, first-generation college students in this
effort.”
“Discovery Education is proud to partner with UBS and the
Tennessee College Access & Success Network on this important
initiative,” said Bill Goodwyn, President and CEO of Discovery
Education. “In today’s global economy, the knowledge and skills
acquired through a college education are more valuable than ever.
We are pleased to support this innovative effort to help
first-generation, lower-income students across the country increase
their chances for success beyond high school graduation.”
The partnership is designed to address challenges that are faced
by students when matriculating to selective institutions and
persisting to graduation. For the pilot, The TalentED Project aims
to have 50 select colleges and universities nationwide, and college
access professionals from New Jersey, New York, Tennessee and
Chicago, IL.
About UBS
UBS is committed to providing private, institutional and
corporate clients worldwide, as well as retail clients in
Switzerland, with superior financial advice and solutions while
generating attractive and sustainable returns for shareholders. Its
strategy centers on its Wealth Management and Wealth Management
Americas businesses and its leading universal bank in Switzerland,
complemented by its Global Asset Management business and it's
Investment Bank. These businesses share three key characteristics:
they benefit from a strong competitive position in their targeted
markets, are capital-efficient, and offer a superior structural
growth and profitability outlook. UBS's strategy builds on the
strengths of all of its businesses and focuses its efforts on areas
in which it excels, while seeking to capitalize on the compelling
growth prospects in the businesses and regions in which it
operates. Capital strength is the foundation of its success.
About TCASN
Driven by the mission to increase the number of Tennesseans
completing postsecondary opportunities, TCASN aims to establish a
college-going culture in communities across the state by removing
barriers to higher education, promoting persistence, connecting
education and community leaders, and promoting professional
education and information sharing. TCASN’s membership is
approximately 150 organizations that represent multiple stakeholder
groups committed to college access and success, including K-12
schools, non-profit organizations, higher education institutions,
business, and philanthropy.
About Discovery Education
Discovery Education is the global leader in standards-based
digital content for K-12, transforming teaching and learning with
award-winning digital textbooks, multimedia content, professional
development, and the largest professional learning community of its
kind. Serving 3 million educators and over 30 million students,
Discovery Education’s services are in half of U.S. classrooms, over
40 percent of all primary schools in the UK, and more than 50
countries. Discovery Education partners with districts, states and
like-minded organizations to captivate students, empower teachers,
and transform classrooms with customized solutions that increase
academic achievement. Discovery Education is powered by Discovery
Communications (NASDAQ: DISCA, DISCB, DISCK), the number one
nonfiction media company in the world. Explore the future of
education at www.discoveryeducation.com.
www.ubs.com/mediaFollow us on Twitter: @UBSAmericas
View source
version on businesswire.com: http://www.businesswire.com/news/home/20150918005800/en/
Media InquiriesUBSKarina Byrne,
212-882-5692karina.byrne@ubs.comorDiscovery
EducationElizabeth Hillman,
240-662-2664Elizabeth_hillman@discovery.com
UBS (NYSE:UBS)
Historical Stock Chart
From Mar 2024 to Apr 2024
UBS (NYSE:UBS)
Historical Stock Chart
From Apr 2023 to Apr 2024