San Antonio Authorizes $4.68M AlamoPROMISE Scholarship Agreement
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Description
The City of San Antonio approved an Interlocal Agreement to pay Alamo Colleges District up to $4,676,930 for Year 5 of the AlamoPROMISE scholarship program, supporting last-dollar tuition and fee awards for residents. The district is responsible for administering the funds and meeting reporting and matching requirements throughout the 2024–2025 academic year.
Contract Details
Contract Amount
$4,676,930.00
Vendor
ALAMO COMMUNITY COLLEGE DISTRICT DBA ALAMO COLLEGES DISTRICT
Agency
Northeast Lakeview College, TX
Contract Type
OTHER
Document Date
September 1, 2023
Contract Term
Year 5 of the Program, with invoices scheduled September 15, 2024 and January 31, 2025; ends after completion of all obligations (likely after Spring 2025 semester)
Renewal Date
2025-05-31
Renewal Info
Future renewals or funding for subsequent program years are subject to separate City Council approval and appropriation. Agreement may be amended in writing only. Termination is allowed by either party with 30 days’ notice.
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