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interlocal_agreement_between_alamo_colleges_distri.pdf

San Antonio Authorizes $4.68M AlamoPROMISE Scholarship Agreement

$4,676,930.00Northeast Lakeview CollegeALAMO COMMUNITY COLLEGE DISTRICT DBA ALAMO COLLEGES DISTRICTSeptember 1, 2023

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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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