American Express Announces $500,000 Commitment to Strive for College and UStrive Inc.

Company employees to volunteer as mentors to help more students
achieve a college education

American Express (NYSE:AXP) announced today that the company will join
forces with Strive for College and UStrive Inc. to increase college
access for students across the United States. Strive for College is a
national nonprofit that provides students with mentoring through the
college admissions and financial aid application process through the
UStrive virtual mentoring platform. American Express has committed
$500,000 to the initiative, and plans to engage hundreds of American
Express professionals as mentors to the underserved youth Strive for
College serves.

“Since our founding, we at American Express have committed to backing
the communities in which we live and work,” said Timothy J. McClimon,
president of the American Express Foundation. “We are proud to partner
with Strive for College and UStrive Inc. on this impactful initiative
and look forward to further inspiring the youth of our country through
the power of mentorship.”

A college education is one of the most effective ways to open doors of
economic opportunity, but access to college advising can be difficult to
find, particularly in under-resourced schools. Each year, hundreds of
thousands of hard-working young people who should go on to college fail
to even apply. The UStrive technology platform makes it easy for
students to connect with mentors and receive one-on-one guidance and
support anywhere and anytime, through communications tools such as video
chat and instant messaging. Mentoring sessions are guided by Strive’s
comprehensive college guidance curriculum, giving students access to
more information and guidance to help them navigate the process, and
training and resources for mentors to ensure they are successful.

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“Strive’s innovative virtual mentoring program provides a meaningful way
for our employees to engage at scale across our company,” said Doug
Buckminster, Group President, Global Consumer Services. “I am excited
about the potential of this initiative to make a meaningful impact on
education across the country, and rally the American Express family in
such an important cause aligned with our values.”

“American Express is the perfect partner for us given our shared values
and we are honored to enter this partnership with them to add value to
their employees and our students,” said Michael J. Carter, founder and
CEO of Strive for College.

“A large pool of talented, motivated mentors is essential to realizing
our mission of serving every student who needs a mentor,” Carter
continued. “The American Express team is a wonderful addition to our
mentor network, and will allow us to serve many more students across the
U.S. We are thrilled to be working together”

About American Express

American Express is a global services company, providing customers with
access to products, insights and experiences that enrich lives and build
business success. Learn more at americanexpress.com
and connect with us on facebook.com/americanexpress,
instagram.com/americanexpress,
linkedin.com/company/american-express,
twitter.com/americanexpress,
and youtube.com/americanexpress.

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About Strive for College

Strive for College was founded in 2007 by Michael J. Carter, then a
student at Washington University in St. Louis, to help acutely
under-served area high school students apply to college and navigate
financial aid. College students volunteered as in-person mentors for
high school students, and mentored students achieved substantially
better college go-on rates than their non-mentored peers. Strive for
College grew to become a respected college access organization,
providing in-person mentoring across the country. Delivering its
mentoring service at sufficient scale to make a meaningful impact on the
national college access problem soon became Strive’s biggest challenge,
which led to the national launch of virtual mentoring in 2014. Virtual
Mentoring by Strive for College is now serving students in all 50 US
states, and most counties across the country.

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Strive and Michael J. Carter have been featured by CNN Heroes and Forbes
30 Under 30 and received major national media attention from outlets
including Time, National Journal, and Fast Company. Strive’s I’m First!
initiative is a recognized leader in improving college outcomes for
first-generation college students. Learn more at www.striveforcollege.org and imfirst.org.

About UStrive Inc.

UStrive Inc. is an innovative virtual mentoring technology company.
Learn more at www.ustrive.com.


View more information: https://www.benzinga.com/pressreleases/18/05/b11808336/american-express-announces-500-000-commitment-to-strive-for-college-an

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