These sites—from across the country, serving diverse populations of underserved, high-need youth and scaling varied types of CTE programs—are the first in the country to explore Pay for Success financing in K–12 education.
Pay for Success focuses on funding tied to the measurement of outcomes, thus spurring investment in evidence-based solutions. Following a national competition to select the four partner sites, Social Finance and JFF are conducting a feasibility study for each site and, based on the results of the feasibility studies, will work with selected sites to structure Pay for Success projects.