STRIVE Prep Awarded $6.77 Million Federal Grant

Media Release

FOR IMMEDIATE RELEASE  
September 29, 2015

CONTACT:  Lindsay Neil
lneil@striveprep.org  | 303.725.3677

STRIVE Preparatory Schools Named Sole Colorado Charter School Network to Receive U.S. Department of Education’s Charter Schools Program Grants
Awarded $6.77 Million to Support New School Growth

Denver, CO — STRIVE Preparatory Schools (STRIVE Prep) became the only public charter school network in Colorado to receive the U.S. Department of Education’s Charter Schools Program (CSP) grant for the Replication and Expansion of High-Quality Charter Schools.

While STRIVE Prep was named as the only public charter school network in Colorado to receive the nationally competitive grant, the network joins eleven other charter school networks from seven states in sharing more than $157 million to support the growth of high-quality charter schools around the country.

STRIVE Prep received a total of $6.77 million to support the growth of new schools over the next five years. Overall, the Federal grant will help STRIVE Prep grow from serving 3,200 students to 7,500 students across 17 schools by the year 2022.

Funds from this grant will support the full-school build out of STRIVE Prep – Excel (high school) and the opening of three new schools for the fall of 2016. The grant will also allow STRIVE Prep to open five additional schools throughout Far Northeast, Northwest and Southwest Denver—further expanding excellent public school options for families to choose for their children from kindergarten through 12th grade.

“STRIVE Prep exists to ensure that all students, regardless of their zip code, have the chance to take advantage of the opportunities and challenges of college,” said Chris Gibbons, CEO, STRIVE Preparatory Schools. “Receiving this grant means that even more students throughout  Denver will have access to a free, high-quality college prep education. “We are grateful to the U.S. Department of Education for acknowledging our efforts to increase student achievement and supporting Denver Public Schools’ goal of ensuring that 80 percent of students attend a high-performing school by the year 2020.”

The CSP grant represents a significant contribution to STRIVE Prep’s Campaign for 7,500, a $12 million effort to help dramatically increase the number of DPS graduates from varying economic circumstances, and ensure they’re prepared for four-year college without significant remediation.

Support from the CSP grant will allow STRIVE Prep to open schools one grade at a time, contributing to the development of strong school culture, in addition to the hiring and development of high-quality teachers, leaders and student support staff trained to meet students’ educational, health and wellness needs. A portion of funds also covers startup costs which include desks, chairs, computers, supplies and materials and central office support for schools.

About STRIVE Preparatory Schools

Founded as one school in 2006, STRIVE Prep is a Denver-based network of nine tuition-free, college preparatory charter schools. Our vision is to operate high-quality public schools that serve all students with a college-preparatory education, and make it the norm, not the exception, that all families have access to a high-quality school in their own neighborhood. STRIVE Prep believes in building a system of great schools where needed most, prioritizing depth of impact in three regions of Denver: Southwest, Northwest, and Far Northeast. STRIVE Prep has embarked on an exciting growth plan to educate 7,500 K-12 students across 17 schools in these regions by 2022. STRIVE Prep schools have consistently ranked among the top performing schools in the city on the district’s annual School Performance Framework (SPF).

Additional information can be found at www.striveprep.org.

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