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LTC 170-2023 Miami Beach First Generation Scholarship ProgramDocuSign Envelope ID: FE9DCD4E-A62F-452B-86FA-BE66010F0DA3 MIAMI BEACH OFFICE OF THE CITY MANAGER NO. LTC# LETTER TO COMMISSION To: From: Date: Subject: Honorable Mayor Dan Gelb; ~mbers of the City Commission Alina T. Hudak, City Manag[JA '\ \ April 1 7, 2023 Miami Beach First Generation Scholarship Program The purpose of this Letter to Commission is to update you on the status of the City's First- Generation Scholarship Program for Miami Beach residents attending Florida International University (FIU). This new innovative scholarship program resulted in 44 Miami Beach residents attending FIU in the 2022-23 school year receiving a need-based scholarship of $2,386.36. Funding for this program is provided through a partnership between the City of Miami Beach, Miami Beach Police Athletic League, and the Miami Beach Chamber Education Foundation contributing $35,000, as well as 2: 1 matching funds from the state at $70,000 under the Fl U First Generation Scholarship Program. Total funds available in 2022-23 were $105,000. In addition to being a Miami Beach resident and FIU student, recipients of the Miami Beach scholarship program must qualify for financial aid through the Federal Pell Grant Program, which provides need-based grants to low income undergraduate and certain post-baccalaureate students. As of April 12, all funds from the state match allocation have been exhausted. Florida International University will work with the City of Miami Beach to help obtain the 2: 1 matching funds from donors to ensure the partnership with Miami Beach and FIU continues strong for the coming years. For more information on city educational programs supporting youth in Miami Beach, visit www.miamibeachfl.gov/city-hall/education/. We will continue to support our vision of being a prosperous city with a special flavor of arts, culture, education, and business with management objectives of being known for (K-12) educational excellence. If you have any questions, please feel free to contact Dr. Leslie Rosenfeld, Chief Education Officer. JG/LOR !iDocuSign~by: ("..o-so 170-2023