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The Detroit Promise

Full company profile

uuid0049ep3

Namestring
The Detroit Promise
Legal namestring
Detroit Promise
Company typeenum
Private
Founded yearint
2013
Descriptiontext

The Detroit Promise is a last-dollar scholarship program that covers remaining tuition costs at 32 Michigan colleges for Detroit residents, supplementing federal, state, and institutional financial aid. Founded in 2013 and administered by the Detroit Regional Chamber Foundation, the program is funded primarily through the Michigan Excellence in Education Foundation (MEEF), which in turn is capitalized by a dedicated tax capture from the Detroit Promise Zone Authority. Since inception, the program reports supporting more than 8,000 college students, with 4,000+ Class of 2026 seniors registered as prospective recipients.

The program operates six enrollment tracks: Community College (open to any Detroit graduate with no GPA threshold), University (GPA 2.0-3.0 pathway with transfer support), Skilled Trades (certificate credentials), PathBack (re-engagement for students who previously stopped out), Transfer (continuing students at four-year institutions), and an Alumni Association. A K-12 outreach team operates across 50+ eligible Detroit high schools, and the Detroit Promise Path layer places human Campus Coaches inside partner institutions to support persistence. The program's technical footprint is limited to conventional scholarship administration; no AI, ML, or platform-engineering capabilities are disclosed.

The business model is non-commercial. Revenue is sourced from the MEEF tax capture plus corporate contributions from PNC, Ballmer Philanthropy, Ford, Kellogg, Kresge, Deloitte, Citizens, Bank of America, and Comerica — the last four participating in a 2024-02 financial wellness webinar series. The organization has 13 employees and is headquartered in Detroit, Michigan. Geographic expansion is statutorily constrained to Detroit residents attending partner Michigan institutions, and program growth is driven by widening the eligible credential pathways rather than by expanding outward.

Short descriptiontext

The Detroit Promise is a last-dollar tuition scholarship program covering 32 Michigan colleges for Detroit residents. Administered by the Detroit Regional Chamber Foundation and funded by MEEF and corporate sponsors, it has supported 8,000+ students since 2013.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersDetroit, United States
HQ citystring
Detroit
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
college scholarship program, tuition-free college, education access funding, last-dollar scholarship, workforce training grants
Industry3 codes
1Scholarships, Grants & Education Benefits Administration (Financing-adjacent)
CodeFSAKAEAMPrimaryYes
2Youth-to-Adult Bridge & College Readiness (Noncredit)
CodeEDAAAEAKPrimaryNo
3Title I & Compensatory Education Programs
CodeEDAJAGAJPrimaryNo
NAICS code2 codes
  • Educational Support Services61171
  • Educational Services61
Product category
Education Scholarship Program
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Foundation and Corporate Funding
TypeSubscription Recurring
Description

The Detroit Promise is funded by the Michigan Excellence in Education Foundation (MEEF) and supported by corporate partners. As a last-dollar scholarship, Pell and TIP funding are applied first, then Detroit Promise covers any remaining eligible funding gap for tuition and mandatory fees.

detroitpromise.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Marketing or Sales, Technology or R&D, Others
GTM typeB2C
B2C
Offering typeServices
Services
Brand1 record
1Detroit Promise Path
Description

A student success program that assigns a Campus Coach to all Detroit Promise community college students, providing mentorship and monthly stipends of $50.

detroitpromise.com
Core offering1 text field

The Detroit Promise is a last-dollar scholarship program that ensures eligible Detroit residents have tuition-free access to an associate degree, bachelor's degree, or technical certificate at 32 Michigan colleges. After Pell and TIP grants are applied, the program covers the remaining eligible tuition and mandatory fees gap. It also provides wraparound student success support through the Detroit Promise Path (Campus Coach mentorship with $50 monthly stipends) and a Transfer Program across 12 partner universities.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • 8,000+ college students supported since 2013
+2 more records
Product overview1 text field

The Detroit Promise is a scholarship program administered by the Detroit Regional Chamber Foundation, not a technology product. It consists of the core Detroit Promise Scholarship (last-dollar funding for tuition), the Detroit Promise Path (student success program with Campus Coaches and $50 monthly stipends), and the PathBack re-engagement program. Funding tracks include Community College Funding (2-year associate degrees and skilled trades certificates in 6-18 months), University Funding (4-year bachelor's degrees at 20+ institutions), and a Transfer Program enabling community college students to continue at 12 universities. The program also offers K-12 Outreach for student registration and an Alumni Association for career networking.

Product and service8 records
1Detroit Promise Scholarship
CategoryScholarship Program
Description

Last-dollar scholarship ensuring eligible Detroit residents have tuition-free access to an associate degree, bachelor's degree, or technical certificate at 32 Michigan colleges. Funding covers any eligible gap after Pell or TIP funding is applied.

2Detroit Promise Path
CategoryStudent Success Program
Description

Student success program assigning a dedicated Campus Coach to all Detroit Promise community college students; coaches connect students with on-campus resources, support educational journeys, and provide goal achievement support. Participants receive a $50 monthly stipend.

3PathBack Program
CategoryRe-engagement Program
Description

Re-engagement program for Detroit high school graduates from 2013-2025 who never started or did not finish college. Provides a pathway to return and utilize Detroit Promise scholarship benefits at a partner community college.

4Community College Funding
CategoryTwo-Year Scholarship Track
Description

Two-year scholarship covering tuition and mandatory fees at seven partner community colleges. No GPA or exam score required for eligibility. Available for up to three years.

5University Funding
CategoryFour-Year Scholarship Track
Description

Four-year scholarship covering tuition at 20+ Michigan universities with varying GPA requirements (2.0-3.0). Some partners have limited enrollment capacity. Cannot be transferred between universities.

6Skilled Trades Certificate Programs
CategorySkilled Trades Certification
Description

Shorter-term skilled certification tracks (6-18 months) in automotive, construction, healthcare, hospitality, IT, and manufacturing. All programs are Pell-eligible and covered by the Detroit Promise at partner community colleges.

7Transfer Program
CategoryTransfer Scholarship Pathway
Description

Transfer pathway for community college students to continue Detroit Promise funding at 12 four-year universities. Requires meeting specific GPA and credit requirements per institution.

8K-12 Outreach Program
CategoryHigh School Outreach Service
Description

High school outreach including student registration, parent workshops, counselor resources, and campus visit coordination. Includes office hours and workshop facilitation for Detroit high schools.

Scale indicator4 records

Each record includes

Type, Value, Description, Source

Partnership37 partners
Strategic tierMinorTypeGTM or Marketing PartnerAnnounced on2024-02-01
Description

Partnered with Detroit Promise and Detroit Regional Chamber to host financial wellness webinar series for college graduates and young professionals.

Strategic tierMinorTypeGTM or Marketing PartnerAnnounced on2024-02-01
Description

Partnered with Detroit Promise and Detroit Regional Chamber to host financial wellness webinar series covering budgeting, credit, student loans, and home purchasing.

Strategic tierMinorTypeGTM or Marketing PartnerAnnounced on2024-02-01
Description

Partnered with Detroit Promise and Detroit Regional Chamber to host financial wellness webinar series for alumni and young professionals.

Strategic tierMinorTypeGTM or Marketing PartnerAnnounced on2024-02-01
Description

Partnered with Detroit Promise and Detroit Regional Chamber to host financial wellness webinar series covering personal finance topics.

Strategic tierCoreTypeOthersAnnounced on2013-01-01
Description

Administers the Detroit Promise on behalf of MEEF. Manages student registration, verification processes, outreach, and coordinates with partner institutions.

Strategic tierCoreTypeOthers
Description

Community college partner offering associate degrees and skilled trades certificate programs covered by Detroit Promise scholarship.

Strategic tierCoreTypeOthers
Description

Community college partner offering associate degrees and skilled trades certificate programs covered by Detroit Promise scholarship.

Strategic tierCoreTypeOthers
Description

Community college partner offering associate degrees and skilled trades certificate programs covered by Detroit Promise scholarship.

Strategic tierCoreTypeOthers
Description

Community college partner offering associate degrees and skilled trades certificate programs covered by Detroit Promise scholarship.

Strategic tierCoreTypeOthers
Description

Community college partner offering associate degrees and skilled trades certificate programs covered by Detroit Promise scholarship.

Strategic tierCoreTypeOthers
Description

Community college partner offering associate degrees and skilled trades certificate programs covered by Detroit Promise scholarship.

Strategic tierCoreTypeOthers
Description

Community college partner offering associate degrees and skilled trades certificate programs covered by Detroit Promise scholarship.

Strategic tierCoreTypeOthers
Description

Community college partner offering associate degrees and skilled trades certificate programs covered by Detroit Promise scholarship.

Strategic tierCoreTypeOthers
Description

Four-year university partner accepting Detroit Promise scholars. One of 12 transfer partner institutions for community college transfers.

Strategic tierCoreTypeOthers
Description

Four-year university partner accepting Detroit Promise scholars. Test-optional with 3.0 GPA requirement.

Strategic tierCoreTypeOthers
Description

Limited partnership - accepts up to 100 Detroit Promise students annually. Test-optional with 3.0 GPA requirement.

Strategic tierCoreTypeOthers
Description

First dollar partner providing extra support - students receive WMU funds before other grants. Offers $6,000 Empowering Futures Housing Scholarship.

Strategic tierCoreTypeOthers
Description

Limited partnership - accepts up to 20 Detroit Promise students annually. Test-optional with 3.0 GPA requirement.

Strategic tierCoreTypeOthers
Description

Limited partnership - accepts up to 10 Detroit Promise students annually. Test-optional with 3.0 GPA requirement.

Strategic tierCoreTypeOthers
Description

Four-year university partner accepting Detroit Promise scholars. Test-optional with 3.0 GPA requirement. Transfer partner accepting 24+ credits with 2.75 GPA.

Strategic tierCoreTypeOthers
Description

Limited partnership - accepts up to 3 Detroit Promise students annually. Test-optional with 3.0 GPA requirement.

Strategic tierCoreTypeOthers
Description

Four-year university partner with 2.8 GPA requirement. Transfer partner requiring 60 credits with 2.75 GPA. Accelerated programs not covered by Detroit Promise.

Strategic tierCoreTypeOthers
Description

Four-year university partner. Test-optional with 3.0 GPA requirement. Transfer partner accepting 24+ credits with 2.5 GPA.

Strategic tierCoreTypeOthers
Description

Four-year university partner requiring 2.7 GPA. Test-optional. Transfer partner accepting any credits with 2.5 GPA.

Strategic tierCoreTypeOthers
Description

Four-year university partner requiring 2.75 GPA. Test-optional. Transfer partner accepting any credits with 2.5 GPA.

Strategic tierCoreTypeOthers
Description

Four-year university partner requiring 2.0 GPA. Test-optional. Transfer partner accepting any credits with 2.0 GPA.

Strategic tierCoreTypeOthers
Description

Limited partnership - accepts 1 Detroit Promise student annually. Test-optional with 3.0 GPA requirement.

Strategic tierCoreTypeOthers
Description

Four-year university partner. Test-optional with 3.0 GPA requirement.

Strategic tierCoreTypeOthers
Description

Four-year university partner. Test-optional with 3.0 GPA requirement.

Strategic tierCoreTypeOthers
Description

Four-year university partner. Test-optional with 3.0 GPA requirement.

Strategic tierCoreTypeOthers
Description

Four-year university partner. Test-optional with 3.0 GPA requirement. Transfer partner requiring 60 credits with 3.0 GPA.

Strategic tierCoreTypeOthers
Description

Four-year university partner. Test-optional with 3.0 GPA requirement.

Strategic tierCoreTypeOthers
Description

Limited partnership - accepts 4 Detroit Promise students annually. Test-optional with 3.0 GPA requirement. Transfer partner requiring any credits with 3.0 GPA.

Strategic tierCoreTypeOthers
Description

Limited partnership - accepts 10 Detroit Promise students annually. Test-optional with 3.0 GPA requirement.

Strategic tierCoreTypeOthers
Description

Four-year university partner requiring 2.5 GPA. Test-optional. Transfer partner accepting any credits with 2.5 GPA.

Strategic tierCoreTypeOthers
Description

Limited partnership - accepts 4 Detroit Promise students annually. Requires 3.0 GPA. Transfer partner requiring 16+ credits with 2.25 GPA.

Strategic tierCoreTypeOthers
Description

Transfer-only partner requiring 60 credits or associate degree with 3.0 GPA. Students must start at a partnering community college first.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

OneGoal is a college persistence program that partners with high schools to coach low-income students through college completion. While it does not directly administer scholarships, its mission of supporting low-income students through college persistence closely overlaps Detroit Promise Path.

TypeDirect peer
Description

The Kalamazoo Promise is the pioneering universal-scholarship program for Kalamazoo Public Schools graduates, covering tuition at Michigan colleges. As the original "Promise" model and a same-state Michigan program, it is the most direct conceptual and operational peer to Detroit Promise.

TypeDirect peer
Description

Bottom Line is a nonprofit that provides college access advising and degree completion coaching to first-generation students from low-income backgrounds. Its persistence-focused coaching model aligns directly with Detroit Promise Path's Campus Coach offering.

4Michigan Reconnect
TypeDirect peer
Description

Michigan Reconnect is a state-funded last-dollar scholarship for adults 25+ pursuing associate degrees or skilled trades at Michigan community colleges. It is the closest statewide peer in both geography (Michigan) and target population (adult returning learners), overlapping with Detroit Promise PathBack.

TypeDirect peer
Description

Say Yes to Education combines last-dollar scholarships with wraparound supports (tutoring, mentoring, family services) for graduates of partner public schools. It is a comparable scholarship-plus-support model operating in multiple cities, with similar population and mission overlap to Detroit Promise Path.

TypeDirect peer
Description

The Grand Rapids Promise Zone Scholarship provides tuition assistance to Grand Rapids Public Schools graduates at Michigan colleges. As another Michigan-based city-level promise scholarship, it is directly comparable in structure, geography, and target population.

TypeDirect peer
Description

Denver Scholarship Foundation provides scholarships, advising, and college success support to Denver Public Schools graduates. Its combination of scholarships and direct student coaching closely mirrors Detroit Promise's last-dollar funding plus Campus Coach model.

TypeEmerging player
Description

College Advising Corps places recent college graduates as advisers in underserved high schools to increase college access and enrollment. It addresses the same high school pipeline stage that the Detroit Promise K-12 Outreach team targets.

TypeDirect peer
Description

The Pittsburgh Promise is a last-dollar scholarship program for Pittsburgh Public Schools graduates, very closely modeled on the same city-based promise scholarship concept as Detroit Promise. Both programs cover tuition gaps after Pell/state aid at regional colleges and share the same college access mission.

TypeBroad incumbent
Description

CFNC is a state-level nonprofit providing college planning, financial aid information, and scholarship access for North Carolina students. It is a broader incumbent in the same educational finance/advising space that Detroit Promise operates in.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers8 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

Integration14 records

Each record includes

Title, Type, Description, Source

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles14 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

The Detroit Promise

Education Scholarship Programdetroitpromise.com

The Detroit Promise is a last-dollar tuition scholarship program covering 32 Michigan colleges for Detroit residents. Administered by the Detroit Regional Chamber Foundation and funded by MEEF and corporate sponsors, it has supported 8,000+ students since 2013.

What The Detroit Promise does

The Detroit Promise is a last-dollar scholarship program that covers remaining tuition costs at 32 Michigan colleges for Detroit residents, supplementing federal, state, and institutional financial aid. Founded in 2013 and administered by the Detroit Regional Chamber Foundation, the program is funded primarily through the Michigan Excellence in Education Foundation (MEEF), which in turn is capitalized by a dedicated tax capture from the Detroit Promise Zone Authority. Since inception, the program reports supporting more than 8,000 college students, with 4,000+ Class of 2026 seniors registered as prospective recipients.

The program operates six enrollment tracks: Community College (open to any Detroit graduate with no GPA threshold), University (GPA 2.0-3.0 pathway with transfer support), Skilled Trades (certificate credentials), PathBack (re-engagement for students who previously stopped out), Transfer (continuing students at four-year institutions), and an Alumni Association. A K-12 outreach team operates across 50+ eligible Detroit high schools, and the Detroit Promise Path layer places human Campus Coaches inside partner institutions to support persistence. The program's technical footprint is limited to conventional scholarship administration; no AI, ML, or platform-engineering capabilities are disclosed.

The business model is non-commercial. Revenue is sourced from the MEEF tax capture plus corporate contributions from PNC, Ballmer Philanthropy, Ford, Kellogg, Kresge, Deloitte, Citizens, Bank of America, and Comerica — the last four participating in a 2024-02 financial wellness webinar series. The organization has 13 employees and is headquartered in Detroit, Michigan. Geographic expansion is statutorily constrained to Detroit residents attending partner Michigan institutions, and program growth is driven by widening the eligible credential pathways rather than by expanding outward.

The Detroit Promise firmographics

Firmographics
Name
The Detroit Promise
Legal name
Detroit Promise
Website
https://detroitpromise.com
Company type
Private
Founded year
2013
Operating status
Operating
Headcount range
11–50 employees
Short description
The Detroit Promise is a last-dollar tuition scholarship program covering 32 Michigan colleges for Detroit residents. Administered by the Detroit Regional Chamber Foundation and funded by MEEF and corporate sponsors, it has supported 8,000+ students since 2013.
Ownership category
akta.pro rank

The Detroit Promise industry classification

Industry
Product category
Education Scholarship Program
NAICS
Educational Support Services (61171), Educational Services (61)
akta.pro primary industry
Scholarships, Grants & Education Benefits Administration (Financing-adjacent) (FSAKAEAM)
akta.pro secondary industries
Youth-to-Adult Bridge & College Readiness (Noncredit) (EDAAAEAK), Title I & Compensatory Education Programs (EDAJAGAJ)

Keywords

  • College scholarship program
  • Tuition-free college
  • Education access funding
  • Last-dollar scholarship
  • Workforce training grants

Where The Detroit Promise is headquartered

Location

Headquarters

HQ city
Detroit
HQ country
United States
HQ region
North America

Offices1 record

Markets served

The Detroit Promise business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

  1. Foundation and Corporate Funding: The Detroit Promise is funded by the Michigan Excellence in Education Foundation (MEEF) and supported by corporate partners. As a last-dollar scholarship, Pell and TIP funding are applied first, then Detroit Promise covers any remaining eligible funding gap for tuition and mandatory fees.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

The Detroit Promise product offering

Product offering

Core offering

The Detroit Promise is a last-dollar scholarship program that ensures eligible Detroit residents have tuition-free access to an associate degree, bachelor's degree, or technical certificate at 32 Michigan colleges. After Pell and TIP grants are applied, the program covers the remaining eligible tuition and mandatory fees gap. It also provides wraparound student success support through the Detroit Promise Path (Campus Coach mentorship with $50 monthly stipends) and a Transfer Program across 12 partner universities.

Product overview

The Detroit Promise is a scholarship program administered by the Detroit Regional Chamber Foundation, not a technology product. It consists of the core Detroit Promise Scholarship (last-dollar funding for tuition), the Detroit Promise Path (student success program with Campus Coaches and $50 monthly stipends), and the PathBack re-engagement program. Funding tracks include Community College Funding (2-year associate degrees and skilled trades certificates in 6-18 months), University Funding (4-year bachelor's degrees at 20+ institutions), and a Transfer Program enabling community college students to continue at 12 universities. The program also offers K-12 Outreach for student registration and an Alumni Association for career networking.

Differentiator

Problem solved

Functional benefit

Brands

  • Detroit Promise Path: A student success program that assigns a Campus Coach to all Detroit Promise community college students, providing mentorship and monthly stipends of $50.

Products and services

  • Detroit Promise Scholarship Last-dollar scholarship ensuring eligible Detroit residents have tuition-free access to an associate degree, bachelor's degree, or technical certificate at 32 Michigan colleges. Funding covers any eligible gap after Pell or TIP funding is applied.
  • Detroit Promise Path Student success program assigning a dedicated Campus Coach to all Detroit Promise community college students; coaches connect students with on-campus resources, support educational journeys, and provide goal achievement support. Participants receive a $50 monthly stipend.
  • PathBack Program Re-engagement program for Detroit high school graduates from 2013-2025 who never started or did not finish college. Provides a pathway to return and utilize Detroit Promise scholarship benefits at a partner community college.
  • Community College Funding Two-year scholarship covering tuition and mandatory fees at seven partner community colleges. No GPA or exam score required for eligibility. Available for up to three years.
  • University Funding Four-year scholarship covering tuition at 20+ Michigan universities with varying GPA requirements (2.0-3.0). Some partners have limited enrollment capacity. Cannot be transferred between universities.
  • Skilled Trades Certificate Programs Shorter-term skilled certification tracks (6-18 months) in automotive, construction, healthcare, hospitality, IT, and manufacturing. All programs are Pell-eligible and covered by the Detroit Promise at partner community colleges.
  • Transfer Program Transfer pathway for community college students to continue Detroit Promise funding at 12 four-year universities. Requires meeting specific GPA and credit requirements per institution.
  • K-12 Outreach Program High school outreach including student registration, parent workshops, counselor resources, and campus visit coordination. Includes office hours and workshop facilitation for Detroit high schools.

Quantifiable outcome

  • 8,000+ college students supported since 2013
  • +2 more outcomes

Companies that use The Detroit Promise

Customer profile

Named customers8 records

Segments5 records

Ideal customer profiles4 records

The Detroit Promise technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration14 records

The Detroit Promise partnerships and signals

Strategic signal

Partnerships

37 partnerships are on record, tiered minor and core.

  • DeloitteminorGTM or Marketing Partner · 1 February 2024Partnered with Detroit Promise and Detroit Regional Chamber to host financial wellness webinar series for college graduates and young professionals.
  • CitizensminorGTM or Marketing Partner · 1 February 2024Partnered with Detroit Promise and Detroit Regional Chamber to host financial wellness webinar series covering budgeting, credit, student loans, and home purchasing.
  • Bank of AmericaminorGTM or Marketing Partner · 1 February 2024Partnered with Detroit Promise and Detroit Regional Chamber to host financial wellness webinar series for alumni and young professionals.
  • Comerica BankminorGTM or Marketing Partner · 1 February 2024Partnered with Detroit Promise and Detroit Regional Chamber to host financial wellness webinar series covering personal finance topics.
  • Detroit Regional Chamber FoundationcoreOthers · 1 January 2013Administers the Detroit Promise on behalf of MEEF. Manages student registration, verification processes, outreach, and coordinates with partner institutions.
  • Henry Ford CollegecoreOthersCommunity college partner offering associate degrees and skilled trades certificate programs covered by Detroit Promise scholarship.
  • Wayne County Community College DistrictcoreOthersCommunity college partner offering associate degrees and skilled trades certificate programs covered by Detroit Promise scholarship.
  • Macomb Community CollegecoreOthersCommunity college partner offering associate degrees and skilled trades certificate programs covered by Detroit Promise scholarship.
  • Oakland Community CollegecoreOthersCommunity college partner offering associate degrees and skilled trades certificate programs covered by Detroit Promise scholarship.
  • Schoolcraft CollegecoreOthersCommunity college partner offering associate degrees and skilled trades certificate programs covered by Detroit Promise scholarship.
  • Jackson CollegecoreOthersCommunity college partner offering associate degrees and skilled trades certificate programs covered by Detroit Promise scholarship.
  • St. Clair County Community CollegecoreOthersCommunity college partner offering associate degrees and skilled trades certificate programs covered by Detroit Promise scholarship.
  • SC4 (St. Clair County Community College)coreOthersCommunity college partner offering associate degrees and skilled trades certificate programs covered by Detroit Promise scholarship.
  • Wayne State UniversitycoreOthersFour-year university partner accepting Detroit Promise scholars. One of 12 transfer partner institutions for community college transfers.
  • University of Michigan - Ann ArborcoreOthersFour-year university partner accepting Detroit Promise scholars. Test-optional with 3.0 GPA requirement.
  • Michigan State UniversitycoreOthersLimited partnership - accepts up to 100 Detroit Promise students annually. Test-optional with 3.0 GPA requirement.
  • Western Michigan UniversitycoreOthersFirst dollar partner providing extra support - students receive WMU funds before other grants. Offers $6,000 Empowering Futures Housing Scholarship.
  • Central Michigan UniversitycoreOthersLimited partnership - accepts up to 20 Detroit Promise students annually. Test-optional with 3.0 GPA requirement.
  • College for Creative StudiescoreOthersLimited partnership - accepts up to 10 Detroit Promise students annually. Test-optional with 3.0 GPA requirement.
  • University of Michigan - DearborncoreOthersFour-year university partner accepting Detroit Promise scholars. Test-optional with 3.0 GPA requirement. Transfer partner accepting 24+ credits with 2.75 GPA.
  • University of Michigan - FlintcoreOthersLimited partnership - accepts up to 3 Detroit Promise students annually. Test-optional with 3.0 GPA requirement.
  • Madonna UniversitycoreOthersFour-year university partner with 2.8 GPA requirement. Transfer partner requiring 60 credits with 2.75 GPA. Accelerated programs not covered by Detroit Promise.
  • Oakland UniversitycoreOthersFour-year university partner. Test-optional with 3.0 GPA requirement. Transfer partner accepting 24+ credits with 2.5 GPA.
  • Albion CollegecoreOthersFour-year university partner requiring 2.7 GPA. Test-optional. Transfer partner accepting any credits with 2.5 GPA.
  • Alma CollegecoreOthersFour-year university partner requiring 2.75 GPA. Test-optional. Transfer partner accepting any credits with 2.5 GPA.
  • Cleary UniversitycoreOthersFour-year university partner requiring 2.0 GPA. Test-optional. Transfer partner accepting any credits with 2.0 GPA.
  • Lawrence Technological UniversitycoreOthersLimited partnership - accepts 1 Detroit Promise student annually. Test-optional with 3.0 GPA requirement.
  • Eastern Michigan UniversitycoreOthersFour-year university partner. Test-optional with 3.0 GPA requirement.
  • Ferris State UniversitycoreOthersFour-year university partner. Test-optional with 3.0 GPA requirement.
  • Grand Valley State UniversitycoreOthersFour-year university partner. Test-optional with 3.0 GPA requirement.
  • Michigan Technological UniversitycoreOthersFour-year university partner. Test-optional with 3.0 GPA requirement. Transfer partner requiring 60 credits with 3.0 GPA.
  • Northern Michigan UniversitycoreOthersFour-year university partner. Test-optional with 3.0 GPA requirement.
  • Saginaw Valley State UniversitycoreOthersLimited partnership - accepts 4 Detroit Promise students annually. Test-optional with 3.0 GPA requirement. Transfer partner requiring any credits with 3.0 GPA.
  • University of Detroit MercycoreOthersLimited partnership - accepts 10 Detroit Promise students annually. Test-optional with 3.0 GPA requirement.
  • The University of OlivetcoreOthersFour-year university partner requiring 2.5 GPA. Test-optional. Transfer partner accepting any credits with 2.5 GPA.
  • Rochester Christian UniversitycoreOthersLimited partnership - accepts 4 Detroit Promise students annually. Requires 3.0 GPA. Transfer partner requiring 16+ credits with 2.25 GPA.
  • Walsh CollegecoreOthersTransfer-only partner requiring 60 credits or associate degree with 3.0 GPA. Students must start at a partnering community college first.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

The Detroit Promise competitors and assessment

Company assessment

Direct peers

  • OneGoal: OneGoal is a college persistence program that partners with high schools to coach low-income students through college completion. While it does not directly administer scholarships, its mission of supporting low-income students through college persistence closely overlaps Detroit Promise Path.
  • The Kalamazoo Promise: The Kalamazoo Promise is the pioneering universal-scholarship program for Kalamazoo Public Schools graduates, covering tuition at Michigan colleges. As the original "Promise" model and a same-state Michigan program, it is the most direct conceptual and operational peer to Detroit Promise.
  • Bottom Line: Bottom Line is a nonprofit that provides college access advising and degree completion coaching to first-generation students from low-income backgrounds. Its persistence-focused coaching model aligns directly with Detroit Promise Path's Campus Coach offering.
  • Michigan Reconnect: Michigan Reconnect is a state-funded last-dollar scholarship for adults 25+ pursuing associate degrees or skilled trades at Michigan community colleges. It is the closest statewide peer in both geography (Michigan) and target population (adult returning learners), overlapping with Detroit Promise PathBack.
  • Say Yes to Education: Say Yes to Education combines last-dollar scholarships with wraparound supports (tutoring, mentoring, family services) for graduates of partner public schools. It is a comparable scholarship-plus-support model operating in multiple cities, with similar population and mission overlap to Detroit Promise Path.
  • Grand Rapids Promise Zone: The Grand Rapids Promise Zone Scholarship provides tuition assistance to Grand Rapids Public Schools graduates at Michigan colleges. As another Michigan-based city-level promise scholarship, it is directly comparable in structure, geography, and target population.
  • Denver Scholarship Foundation: Denver Scholarship Foundation provides scholarships, advising, and college success support to Denver Public Schools graduates. Its combination of scholarships and direct student coaching closely mirrors Detroit Promise's last-dollar funding plus Campus Coach model.
  • The Pittsburgh Promise: The Pittsburgh Promise is a last-dollar scholarship program for Pittsburgh Public Schools graduates, very closely modeled on the same city-based promise scholarship concept as Detroit Promise. Both programs cover tuition gaps after Pell/state aid at regional colleges and share the same college access mission.

Emerging players

  • College Advising Corps: College Advising Corps places recent college graduates as advisers in underserved high schools to increase college access and enrollment. It addresses the same high school pipeline stage that the Detroit Promise K-12 Outreach team targets.

Broad incumbents

  • College Foundation of North Carolina (CFNC): CFNC is a state-level nonprofit providing college planning, financial aid information, and scholarship access for North Carolina students. It is a broader incumbent in the same educational finance/advising space that Detroit Promise operates in.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

The Detroit Promise social profiles

Digital presence

The Detroit Promise financial estimates

Financial estimate

Revenue estimate

Valuation estimate

The Detroit Promise leadership team

Management profile

Number of profiles

Profiles14 records

The Detroit Promise funding detail

Funding detail

Funding overview

Funding rounds

Investors

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The Detroit Promise M&A and investment

M&A and investment

M&A

Investments

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Frequently asked questions about The Detroit Promise

What does The Detroit Promise do?

The Detroit Promise is a last-dollar scholarship program that ensures eligible Detroit residents have tuition-free access to an associate degree, bachelor's degree, or technical certificate at 32 Michigan colleges. After Pell and TIP grants are applied, the program covers the remaining eligible tuition and mandatory fees gap. It also provides wraparound student success support through the Detroit Promise Path (Campus Coach mentorship with $50 monthly stipends) and a Transfer Program across 12 partner universities.

Is The Detroit Promise a public or private company?

The Detroit Promise is a private company. It is classified as nonprofit foundation owned and is currently operating.

When was The Detroit Promise founded?

The Detroit Promise was founded in 2013. It employs 11 to 50 people.

Where is The Detroit Promise based?

The Detroit Promise is headquartered in Detroit, United States, in the North America region.

How does The Detroit Promise make money?

One revenue line is on record: foundation and Corporate Funding.

Who are The Detroit Promise's main competitors?

Direct peers on record are OneGoal, The Kalamazoo Promise, Bottom Line, Michigan Reconnect, Say Yes to Education, Grand Rapids Promise Zone, Denver Scholarship Foundation and The Pittsburgh Promise. College Advising Corps is listed as an emerging player. College Foundation of North Carolina (CFNC) is listed as a broad incumbent.

Does The Detroit Promise have an API?

No public API is recorded for The Detroit Promise.

What industry is The Detroit Promise in?

The Detroit Promise's product category is Education Scholarship Program. Its primary akta.pro industry code is FSAKAEAM, Scholarships, Grants & Education Benefits Administration (Financing-adjacent), with a secondary code of EDAAAEAK, Youth-to-Adult Bridge & College Readiness (Noncredit). Its NAICS code is 61171.

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